Today’s Consumer Price Index (CPI) report shows prices surged 3.3% over the past year in March. Prices jumped by 0.9% in the past month alone. The spike in prices was largely driven by the energy price shock from Trump’s war with Iran, which has skyrocketed oil prices and pushed gasoline above $4 per gallon. This report is the first full snapshot of…
Inflation has hit record highs in the U.S. thanks primarily to the war President Trump and Israel started on Iran. The most recent consumer price index report reveals inflation rose by 3.3 percent in March from one year ago, with energy prices being hit particularly hard. Gas prices went up a record 21.2 percent in just one month, and energy prices rose…
Consumer prices surged in March, most of that owing to the oil shock.
Vice President Vance heads to Pakistan today, where he faces his biggest challenge yet, as he leads U.S. negotiations with Iran amid the fragile ceasefire. President Trump’s special envoy Steve Witkoff and son-in-law Jared Kushner will also be part of the talks. As the war hits its sixth week, inflation prices for March surged to…
The consumer price index (CPI) rose in March as economic shocks ripple through the economy from the war in Iran, the Bureau of Labor Statistics (BLS) reported…
