US inflation tops 4% for first time in three years as oil prices jump Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.
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0 claims checkedConsumer prices rose 4.2% annually in May, highest in three years Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense.
French pop star and actor Patrick Bruel has been formally charged over several allegations of sexual violence, including rape and sexual harassment.
Novelis said on Wednesday it had restarted production at its Oswego, New York facility, a plant key to Ford's F-150 pickup truck line, months after two fires halted operations. The aluminum supplier…
Volume on Polymarket's international prediction market exchange fell in May for the second month in a row, a stark contrast to the growth the platform had experienced in prior months. Polymarket's…
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Chrysler's parent company, Stellantis, is recalling more than a million Jeep Wranglers and Gladiators due to a potential fire risk that could ignite even when the vehicle is turned off. In a notice…
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