The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, heightening the political challenges of rising costs for the White House.

March 2026 just delivered the hottest inflation print in nearly two years, and prediction markets are already pricing a 63% chance that inflation exceeds 4% before the year is out. For investors holding equities and fixed income,

Inflation just hit a nearly two-year high. That could make gold investing one of the smartest moves to make now.

Someone's inflation forecast is very, very wrong. We'd better hope it's not the Fed's.

President Donald Trump accused Iran of violating the terms of the recently announced U.S.-Iran ceasefire on Thursday, saying Tehran was failing to allow oil shipments to move freely through the Strait of Hormuz.

Farmers across America are grappling with soaring fuel prices as the war in Iran impacts energy costs. CBS News' Lana Zak reports.

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political hurdles for the White House.

A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began