Tag Archives: Inflation

US inflation — already stuck at a 40-year high of 7.5% — could spike to 10% or higher if Russia invades Ukraine, according to a new analysis. That’s because oil prices could rise to well over $100 a barrel if...

American consumers are likely to dial back on trips to stores and restaurants this year as soaring inflation makes shopping more expensive, according to Target CEO Brian Cornell. Cornell addressed the retail landscape during a Sunday appearance at a National...