The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...

Recent inflation data contradicts President Donald Trump's claims that rising prices won't impact the U.S. economy. The Producer Price Index surged 0.9% last month.

“Core” producer prices, which exclude volatile food and energy costs, also rose 0.9% from last month — the highest jump since March of 2022. Year-to-year, core prices increased 3.7% after coming in at ...