US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.

Bitcoin rose after the latest US inflation report, with traders focusing on softer underlying inflation despite headline CPI remaining elevated. US headline inflation came in

By Saqib Iqbal Ahmed NEW YORK, June 10 (Reuters) - The dollar slipped on Wednesday after data showed U.S. consumer inflation rose to its highest level in three years in May, though the reading was in line with economists' expectations,

Inflation has surged since the start of the Iran war, and Americans have come to expect that prices will only continue to rise over the next year.

U.S. producer prices increased more than expected in May, leading to the largest annual gain in 3-1/2 years as the Middle East conflict boosted the

US dollar steadies as traders weigh Iran peace hopes and Fed rate risk. Euro holds near weekly high after ECB delivers first hike since 2023. Lower oil prices ease inflation fears after stronger US producer data.

Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.

The next CPI report will provide details on inflation in May 2026. It'll tell us the overall inflation rate over the last 12 months and give a breakdown of inflation rates across various spending categories,