Rising prices have been crushing consumer confidence and biting at Americans’ wallets for more than five years now.
Related stories
The stock market could be due for a nasty selloff, judging by these two signals
I’m 77, pay rent and live off Social Security, but I help homeless people. Why are so many people going hungry?
How to keep profiting from AI while shielding your portfolio against the risk of a slowdown
Former US intelligence chief Avril Haines: ‘Trump trusts his gut more than the expertise’
ICC is insulated against US sanctions, says deputy prosecutor
BASF makes takeover approach for chemicals rival Evonik