Inflation Spikes to Three-Year High as Energy Costs Spiral Higher

Wednesday, June 10th, 2026

Rising energy costs due to the Iran war continue to put serious upward pressure on inflation, according to the latest data from the Bureau of Labor Statistics. The Consumer Price Index (CPI) grew 0.5% in May, with annual inflation clocking in at 4.2%. Specifically, this is the “highest headline CPI reading in three years,” as…

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Economists Warn of ‘Inflation Contagion’ as CPI Increases Again in April

Tuesday, May 12th, 2026

Inflation shot up once again in April as energy prices continue to see large jolts both monthly and yearly, according to the latest data from the Bureau of Labor Statistics. Economists warn the country may now be facing an “inflation contagion,” with the path ahead murkier than before.  The Consumer Price Index’s (CPI) all items…

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