California bear-suit luxury car scam ends in insurance fraud sentences for 3

Three people in California have been sentenced for insurance fraud involving a person in a bear costume damaging high-end ...
Bloomberg L.P.

Economists See War Pushing US Inflation Above 3%, Hurting Growth

Economists raised their estimates for US inflation through year-end, while trimming consumer spending, growth and employment projections as the war in Iran drives up fuel costs. The personal ...
New York Post

US inflation will soar to 4.2% if Iran war drags on, says OECD

The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year. “The breadth and duration of the ...
ConsumerAffairs

OECD warns inflation is likely to nearly double in 2026

Global inflation is now projected to reaccelerate to around 4% in 2026, reversing earlier expectations of steady decline. The OECD warns energy shocks from the Middle East conflict are the primary ...
CNBC

Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming

The U.K. inflation rate stood firm at 3% in February, unchanged from the previous month. The figures from the Office for National Statistics marked the last reading before the start of the Iran war.
CNBC

Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate

In its periodic update of economic conditions, the Organization for Economic Cooperation and Development forecast all-items inflation in the U.S. to be at 4.2% for 2026. The forecast is a sharp step ...
Bloomberg L.P.

US Consumer Sentiment Slips as Inflation Outlook Worsens

US consumer sentiment slid to a three-month low in March and year-ahead inflation expectations jumped as the war in the Middle East drives up gasoline prices. The University of Michigan’s final March ...
PBS

Chances of Fed cutting interest rates fade as inflation worsens

WASHINGTON (AP) — The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans' finances: Higher interest rates. Longer-term interest rates have ...
San Francisco Fed

The Effects of Tariffs on the Components of Inflation

Tariffs are usually applied to imported goods—but in an interconnected economy, their effects can be felt in the prices of other goods and services. Estimates using data across multiple advanced ...
Wall Street Journal

America’s Sneaky Inflation Culprit: Manicures, Haircuts and Doggy Daycare

Camp Bow Wow in downtown Nashville, a dog daycare, in January raised its daily rate to $36 from $33, a 9% increase. Instead of losing customers, though, the Nashville location of Camp Bow Wow recently ...
Forbes

What The Iran Conflict Means For Inflation Expectations And Fed Policy

Market volatility continues amid disagreements over a ceasefire deal between the United States and Iran to end the Middle East war. (Photo by ANGELA WEISS / AFP via Getty Images) Armed conflicts have ...
Wall Street Journal

War and Inflation Are Supposed to Be Gold’s Friends. Not This Time.

This should be the time for gold to shine. The yellow metal has the perfect opportunity to demonstrate its role as a shield for investors against inflation and geopolitics. Instead, it has crumbled: ...