Inflation has been pushed higher by a series of shocks to the economy, including President Donald Trump’s tariffs imposed last spring, higher gas prices stemming from the Iran w

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having

Inflation slowed last month as gas prices fell but costs remain elevated - Cost increases continue to outpace average wage growth, maintaining financial pressure on American households managing higher bills for groceries,

Americans have grappled with worsening inflation since early last year, after tariffs lifted the cost of imported goods. Then this spring, the Iran war raised oil and gas costs, p

"It’s doubtful that anyone is celebrating because 3.4% is still higher than the average, which is around 2.6%," Johnson said. "We are in a brave new world of breathtakingly high

Social Security’s COLA is determined by inflation in the third quarter of the year: July, August and September. The formal announcement of the 2027 COLA is set for October, with

Social Security recipients could get a larger cost-of-living adjustment in 2027, with the latest inflation figures offering an important early indication of how much benefits may rise. The Bureau of Labor Statistics (BLS) has confirmed that the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 3.

Americans on Social Security could see an estimated cost-of-living adjustment between 3.2% and 3.6% in 2027, according to multiple forecasts, after the Bureau of Labor Statistics released its July inflation report.

The dollar's advance stalled on Thursday after an overall benign U.S. inflation reading overnight spurred traders to ‌pare back bets for a near-term Federal Reserve interest rate hike.

Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates.

The dollar fell on Thursday after data showed producer prices were unchanged in July, coming after Wednesday’s consumer price inflation report that

Federal ​Reserve policymakers are likely to feel little fresh urgency to raise interest rates in September after data on Wednesday showed inflation cooled on a ‌year-over-year basis for a second straight month,

The International Energy Agency warned of sharp drop in oil stocks amid renewed disruption to exports from Gulf producers with "lower volumes" at sea.

Oil prices fell after days of gains, with the U.S. and Iran both claiming to have control over the Strait of Hormuz and still limited shipping through the waterway.

U.S. stocks are hanging around their records on Tuesday, while oil prices keep swinging on uncertainty about when the war with Iran will allow crude to flow freely again. The S&P 500 was flat and remained near its all-time high set on Friday.

Oil futures end little changed in cautious trading with the market still focused on the Strait of Hormuz. President Trump posted on Truth Social that the U.S. is in complete control of the strait, although few ships are moving through the waterway given the risk of Iranian attacks.

Cisco’s fiscal fourth-quarter earnings surpassed expectations as a “networking supercycle” sent demand to record levels, the company said. Though the stock initially rose in Wednesday’s extended session,

AI infrastructure spending boosts Cisco's earnings and revenue, but its stock declines after-hours - SiliconANGLE

Cisco Systems reported a higher profit in the fiscal fourth quarter as the company continued to receive billions of dollars in orders from artificial-intelligence hyperscalers.The network-equipment company on Wednesday reported a profit of $3.

CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' to talk Cisco quarterly results. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox,

GDP measures the economic activity of companies, governments, and people, and affects things like pay increases for workers.

For much of the modern era, the world’s population seemed to be heading in only one direction: sharply upward. Better medicine, safer childbirth, cleaner water, and falling child mortality helped billions more people survive and live longer,

UK economic growth slowed to 0.4% between April and June, according to official data. The figure - in line with economists' expectations - is below the 0.6% expansion recorded in the first three months of this year.

The UK economy grew by 0.4% between April and June, according to the Office for National Statistics (ONS). This is down from 0.6% in the first quarter. While the figures from the second quarter of the year are in line with City economists' expectations,