US inflation hits three-year high of 3.8%, driven up by surging energy costs

The key measure of US inflation rose in April to its highest level since May 2023 as consumers feel the impact of the Iran war.

Warsh Confirmed to Fed Board, Still Awaiting Vote on Chair Post - Bloomberg.com

Warsh Confirmed to Fed Board, Still Awaiting Vote on Chair Post  Bloomberg.com

CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran

The consumer price index increased X.X% in April from a year earlier as higher energy costs raised a range of prices for Americans.

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Higher US CPI inflation adds pressure on Fed

Rising prices are not just concentrated in energy categories

Iran war pushed inflation to highest rate in nearly three years

Gasoline prices surged as the Iran conflict ripples through the economy, pushing April inflation to the highest level since late 2023.

By Andrew Ackerman, Federica Cocco

US inflation jumped to 3.8% in April as war with Iran continues to drive up prices

Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023 Sign up for the Breaking News US newsletter email US inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans. Prices rose 3.8% over the last year, according to the data from the Bureau of Labor Statistics, the highest jump since 2023. Continue reading...

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Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more

Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.

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The Fox News Lifestyle Newsletter brings you trending stories on family, travel, food, neighbors helping neighbors, pets, autos, military veterans, heroes, faith and American values.

Senate confirms Kevin Warsh as Fed governor, clears way for chair vote

The upper chamber voted to approve Warsh's nomination by a 51-45 vote, on a mostly party-line basis.

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US Senate confirms Trump pick Kevin Warsh to Federal Reserve Board

The US Senate on Tuesday confirmed Kevin Warsh as a governor on the board of the Federal Reserve, clearing the way for him to take the reins of the central bank later this week as the world’s largest economy faces inflation at a three-year-high. The Senate voted 51-45 to confirm Warsh’s appointment to the board for a 14-year term, with the results largely along party lines. The Senate will hold a separate vote to confirm Warsh as the central bank’s chair, taking over from incumbent Jerome...

By Agence France-Presse

Inflation jumps to 3-year high, CPI shows, and that’s not the end of it

The U.S. inflation rate leaped to a nearly three-year high of 3.8% in April because of higher gas prices — and the pain for consumers isn’t going away soon.

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Inflation surged in April to the highest rate since 2023

Patrick T. Fallon / AFP via Getty Images The new CPI report showed annual inflation sped up to 3.8% in April, the highest rate since 2023. Higher energy prices due to the Iran war are affecting consumer prices. Prices at the pump are having unequal effects on consumers, depending on their household income. US annual inflation accelerated more than expected, with the consumer price index rising 3.8% in April from a year ago. Economists expected a 3.7% increase, and it's the highest inflation...

Senate clears the way for Kevin Warsh to become Federal Reserve chair before Friday

The chamber approves the Trump nominee’s appointment as a member of the Board of Governors. The vote to confirm him is still pending

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Hot inflation report likely to put Fed on guard for longer-lasting inflation

India’s retail inflation jumps to over one-year high at 3.48 per cent in April

India's retail inflation climbed to a 13-month high of 3.48% in April, primarily fueled by soaring food prices. Consumer Food Price Index accelerated to 4.20%, with rural inflation outpacing urban rates. While silver and gold jewellery saw significant price hikes, tomatoes surged, but potatoes and onions experienced deflation. This marks the second consecutive monthly rise, nearing the RBI's target.

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Top 10 most economically stable countries in the world: UAE first, US ranks 13th; check India’s position

US consumer prices rise 3.8% as Iran war sends energy prices higher

US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The US Labor Department reported Tuesday that its consumer price index rose 3.8 percent from April 2025. On a month-to-month basis, April prices rose 0.6 percent from March as gasoline prices rose 5.4 percent. Excluding volatile food and energy costs, so-called consumer core prices rose 0.4 percent last month from March and 2.8 percent from April 2025, relatively modest readings that sug

By The Korea Herald

US negotiating establishment of new bases in Greenland in high level talks with Denmark - report

According to one source familiar with the negotiations, the US has suggested that the three new military bases be formally designated as US sovereign territory.

Tehran's 'Weapon-Grade Uranium Enrichment' Warning If US Attacks Iran Again

The UN watchdog believes that 440.9 kilograms (972 pounds) of Iran's stockpile is enriched up to 60 per cent purity, a short, technical step from weapons-grade levels of 90 per cent.

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NATOpoll: Finns' trust in Trump falls to new low

The survey also found that most Finns would support Denmark if tensions over Greenland escalated further.

US inflation rises 3.8% in April as Iran war drives up energy prices

U.S. consumer prices accelerated further in April as Washington's war with Tehran continued to push energy prices higher, adding to pressures for many households. The consum...

US Consumer Prices Are Rising At Their Fastest Pace In 3 Years

US Consumer Prices Are Rising At Their Fastest Pace In 3 Years Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue. As a reminder, March saw headline CPI in line (energy) while Core CPI actually printed cooler...

By Tyler Durden

US must accept proposal or face failure, says Iran chief negotiator

Iran’s chief negotiator issues an ultimatum in the US Iran negotiations, demanding Washington accept its 14-point peace proposal or face ‘failure’. Read More: https://punchng.com/us-must-accept-proposal-or-face-failure-says-iran-chief-negotiator/

By Punch Newspapers

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Iran chief negotiator says US must accept proposal or face ‘failure’

The defiant message came after US President Donald Trump rejected the latest counteroffer from Iran and said that a fragile ceasefire in place since April 8 was on "life support". The post Iran chief negotiator says US must accept proposal or face ‘failure’ appeared first on Vanguard News.

By Henry Oduah

US in closely guarded talks to open new bases in Greenland

The US has been holding regular negotiations with Denmark to expand its military presence in Greenland, according to multiple officials familiar with the discussions, with talks between both sides progressing in recent months.

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