Coverage in United States

Inflation outlook

Forecasters see inflation surge worsening in coming months

The Philadelphia Fed’s Survey of Professional Forecasters sharply raised inflation estimates after April price data showed consumer and wholesale prices at multiyear highs

Coal plant costs

Filing Puts Coal-Plant Costs Under Trump Orders in Focus

Available source material says costs have been mounting since the administration began directing aging coal plants to stay open, but key details remain limited

Corporate restructuring

Starbucks to cut 300 U.S. corporate jobs and close some regional offices

The coffee chain says the latest cuts are part of its Back to Starbucks turnaround plan and will not affect coffeehouse employees

Fed policy

Bond market pushes for tighter Fed stance as Warsh takes over

Ed Yardeni says the 2-year Treasury yield is flashing concern that rates are too low to contain inflation, while Treasury Secretary Scott Bessent argues the latest price surge should fade

Inflation pressure

US inflation hits 3.8% as Iran war drives energy costs

Gasoline and groceries pushed April prices higher, putting renewed pressure on consumers, the Federal Reserve and President Donald Trump’s party before the midterms

Inflation report

U.S. inflation rose 3.8% in April, highest since May 2023

The consumer price index climbed 0.6% from March, matching monthly forecasts, while the annual rate topped the Dow Jones consensus and kept pressure on the Federal Reserve