U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

Groceries are up 1.8%. Meanwhile, there were some bright spots in the CPI report, such as shelter. The 4.6% annual inflation rate for housing in December was the lowest since January 2022.

December's jobs report revealed hourly wages are climbing at roughly 4% annually. In today's Chart of the Day ... for consumer spending in relation to inflation. To watch more expert insights ...

The humble egg is now a source of frustration for millions of shoppers around the U.S, who face soaring prices and shortages.

First, here’s the chart: We will get the CPI tomorrow ... Coming full circle… We have one inflation report under the belt and it was soft. It hasn’t sent stocks soaring, but neither ...