Consumer prices rose in August compared to July, according to new data from the Department of Labor.
Inflation ticked up in August, largely due to an increase in the price of gasoline, raising concerns about potential Federal Reserve action on interest rates . PULSE POINTS WHAT HAPPENED: Consumer prices rose in August compared to July, according to new data from the Department of Labor. DETAIL: According to the new data released on Friday, consumer prices rose 0.4 percent in August, largely due to a 3.9 percent increase in gasoline prices, which surged 27.4 percent over the year. Meanwhile, grocery prices increased 2.2 percent, and electricity prices decreased 0.2 percent in August. Over the past year, the Consumer Price Index (CPI) increased by 3.4 percent, matching the annual rise reported in July. Core inflation, which excludes the…Open
Representative Dan Meuser, R-Pa., joins 'Mornings with Maria' to discuss the upcoming midterm election, gas prices driving consumer confidence lower and Energy Sec. Chris Wright's visit to the Pennsylvania coal mines. #foxbusiness #fox #danmeuser #morningswithmaria #energy #gasprices #coal #pennsylvania #economy #inflation #consumerconfidence #business #politics #usnews #businessnews
Rep. Buddy Carter, R-Ga., discusses the impact of rising gas prices on consumer confidence, divisions within the Democratic Party and a new poll showing Senator Jon Ossoff as a 2028 contender on 'Mornings with Maria.' 00:00 - Economic Frustration and the Midterm Outlook 00:49 - Iran Economic War and Falling Energy Prices 01:38 - Analyzing Trump’s Endorsement Success 02:53 - The Rise of the Democratic Socialist Agenda 05:07 - Republican Strategy to Capture Moderate Voters 06:00 - Buddy Carter Responds to Jon Ossoff Speculation
Consumer confidence in the U.S. has hit a seven-month low, driven by high gas prices and ongoing economic uncertainty linked to inflation and geopolitical tensions.
Consumer confidence in the U.S. has hit a seven-month low, driven by high gas prices and ongoing economic uncertainty linked to inflation and geopolitical tensions. PULSE POINTS WHAT HAPPENED: Americans’ confidence in the economy declined again in August as high gasoline prices, inflation , and concerns over the conflict in Iran weighed on consumers. The Conference Board said Tuesday that its consumer confidence index fell to 89.4 from 90.2 in July, marking its lowest level in seven months. Survey responses collected between August 3 and August 16 showed increased concerns about prices, gasoline, food, trade, jobs, and geopolitical tensions DETAIL: Inflation remains a major frustration, with the personal consumption expenditures…Open
Retail sales fell 0.6% last month, which is the largest decrease since May 2025, compared with a revised gain of 0.2% in June, according to data the Commerce Department released on Friday.
Data: University of Michigan ; Note: August 2026 number is preliminary; Chart: Neil Irwin/Axios Public opinion about the economy appears to be souring further this month, per the preliminary release of the University of Michigan's consumer sentiment index. By the numbers: Overall sentiment fell 8% in the early days of August, after two consecutive months of improvement. - The index fell to 51, from 55.2 in July. That remains above the recent lows reached in the spring, when gasoline prices were soaring. - Inflation expectations were stable, with expected inflation over the next year ticking up to 4.3% and over the next five years unchanged at 3.3%. The intrigue: The steepest month-to-month drop in sentiment was among survey respondents…
A recent survey reveals that the cyclospora outbreak is leading many Americans to cut back on produce consumption, with confidence in the FDA's response remaining mixed.
A recent survey reveals that the cyclospora outbreak is leading many Americans to cut back on produce consumption, with confidence in the FDA’s response remaining mixed. PULSE POINTS WHAT HAPPENED: A CBS News/YouGov poll found that most Americans are following news about the cyclospora outbreak at least somewhat closely, with nearly as many paying attention to the parasite as to the conflict with Iran . About four in 10 respondents said they are buying or eating less produce because of the outbreak. Women were slightly more likely than men to report cutting back on produce, and older adults were more likely than younger adults to do so. DETAIL: Those following news of the outbreak most closely were especially likely to have changed…Open
