Thieves stole hundreds of eggs and groceries from Seattle's Luna Park Café in a heist amid the growing black market demand for eggs driven by soaring prices.
Despite Trump's campaign pledge to lower the cost of living immediately, the White House said there is no set timeline for when Americans will see relief.
Waffle House added a 50-cent per egg surcharge due to soaring prices from an ongoing avian flu outbreak.
Trump blamed the Federal Reserve for the "worst Inflation in the History of our Country" accusing the central bank of prioritizing DEI & climate over economics.
While inflation has normalized in recent months, large fiscal impulses and the looming specter of trade tariffs could potentially reassert inflationary pressures.
Some Democratic lawmakers have accused President Trump of failing to deliver on his campaign promise to lower grocery prices "immediately" after taking office.
Wall Street surged Wednesday in response to a second positive inflation report in as many days, sending the Dow Jones Industrial Average soaring more than 700 points and the S&P 500 to its its best day since November.
Gas prices saw a notable increase in December 2024, with the gasoline index rising 4.4%.
The recent outbreak of avian influenza is to blame for the shortage of eggs which experts say may not be resolved for months.
The December Consumer Price Index report came in nearly as expected by many analysts.
The Producer Price Index showed an overall gain of 0.2 percent in the final month of 2024.
World food commodity prices declined by 2.1 percent in 2024 compared to the previous year, the FAO said on Friday, but they remain considerably higher than before the Covid-19 pandemic.
While the federal minimum wage lags behind, more workers will see better pay as states mandate higher hourly pay.
The Container Store, which specializes in organizational and storage-related products, has filed for Chapter 11 bankruptcy protection as customers increasingly cut back on discretionary spending.
The inflation numbers came in lighter than expected which is encouraging to investors.
A Bankrate survey revealed the top financial goals for consumers in the coming year.
The Federal Reserve announced that they're cutting their benchmark rate by a quarter-point, 4.75% to about 4.3%, when their meeting ends Wednesday.
Conservative CNN pundit Scott Jennings reprimanded his liberal co-panelist Bakari Sellers while discussing inflation.
Donald Trump is being mocked online after sharing a seemingly "made up story" about a woman returning one apple at a grocery store due to high prices.
Egg prices shot up 55% for the month according to government figures.
Social media users proclaimed AriZona Beverages and Costco's bosses are the only "safe" CEOs as anti-executive sentiment surges across the nation.
There are concerns that future interest rate cuts are in jeopardy.
