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Consumer prices

CNBC Daily Open: Is higher-than-expected CPI just a ‘janky’ data point?

Customers shop for eggs at a Sprouts grocery store on April 12, 2023 in San Rafael, California. Justin Sullivan | Getty Images News | Getty...

Inflation rate at 2.4% in September, topping expectations; jobless claims highest since August 2023

The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane...

Massive port strike could have ‘devastating consequences’ for consumers, expert says

Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in Miami, Florida. Giorgio Viera |...

Here’s the inflation breakdown for August 2024 — in one chart

Grace Cary | Moment | Getty ImagesInflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for...

Inflation drops to a 3-year low ahead of Fed’s rate meeting

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal...

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that sets the stage for an...

Social Security cost-of-living adjustment may be 2.6% in 2025, new estimate finds

Rapideye | E+ | Getty ImagesEven as new government inflation data shows inflation subsiding, many retirees are still struggling under the weight of higher...

Annual inflation rate slows to 2.9% in July, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an...

CNBC Daily Open: Nvidia shares soar on AI boom

In this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. Rafael Henrique | SOPA Images | Lightrocket |...

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