Global markets are also waking up to changing inflation trends. In Canada, June inflation figures will be key before the Bank of Canada’s rate decision on July 30.

US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch.

The US unemployment rate is projected to hover near historically low levels at 4.24% this year, according to S&P Global ...

Metro Phoenix continues to have the lowest inflation of any major U.S. city. The 0.2% climb in consumer prices here compares to 2.7% for the nation.

The increase in inflation was offset by the decrease in shelter inflation and the slower rise in new vehicle prices.

US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch. Consumer prices rose 0.3% last month ...

By Alicia Wallace, CNN (CNN) — US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch ...