Rising prices have been crushing consumer confidence and biting at Americans’ wallets for more than five years now.
Related stories
I’m 77, pay rent and live off Social Security, but I help homeless people. Why are so many people going hungry?
How to keep profiting from AI while shielding your portfolio against the risk of a slowdown
Former US intelligence chief Avril Haines: ‘Trump trusts his gut more than the expertise’
ICC is insulated against US sanctions, says deputy prosecutor
BASF makes takeover approach for chemicals rival Evonik
Why the alternative to the ‘clear and present’ danger from bond yields is this AI-fueled market that’s quietly outperformed