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A new report shows the cost of renting a home or apartment is up 15% nationally to a new record high.
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Consumer prices were 6.2% higher in October than a year ago as inflation continues to chip away at the buying power of households across the country.
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Companies from Mondelēz to McDonald's are raising prices to offset higher costs for transportation and because of labor and other problems along the supply chain.
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A larger White House campaign is targeting what it calls anti-competitive behavior in several industries, including meatpacking, in which over 80% of beef goes through just four companies.
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Products are shrinking. Only some people are noticing.
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Prices for a range of goods from used cars to bacon surged last month, pushing consumer inflation to 4.2% in April, the highest since September 2008.
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Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is likely to be temporary.
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President Donald Trump's trade war with China, until now mainly an abstraction for American consumers, is about to hit home.Beginning Sunday, the U.S.…