Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago
Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the Labor Department reported Tuesday. The consumer price…
Category: Economy
Retail sales jump 3% in January, smashing expectations despite inflation increase
Advance retail sales for the month increased 3%, compared with expectations for a rise of 1.9%, the Commerce Department reported Wednesday. Excluding autos, sales rose 2.3%,…