US inflation picked up as gas prices marched higher due to conflict in the Middle East
WASHINGTON (AP) — U. S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away. The consumer price index rose 3. 4% last month compared with a year ago, the Labor Department said Friday, the same as in July. But on a monthly basis, inflation quickened, as costs jumped 0. 4% from July to August, up from an increase 0...
Read MoreFri, 11 Sep 2026
- US inflation picked up as gas prices marched higher due to conflict in the Middle East
- US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods
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Thu, 10 Sep 2026
- Anthropic says it blocked misuse of its AI that could have supported biological weapons
- Oil prices leap to their highest since May and drag Wall Street lower
- Trump wants to send Americans money. Congress and economists dont seem thrilled with the idea
- US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb
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- China says it hopes to agree with the US on tariff reductions at an early date
- European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
- US unemployment claims dip to 206,000 as layoffs continue to remain rare
- Ralph Lauren delivers modern take on romance with sensual silhouettes
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- California officials allow plans for the countrys biggest kelp farm to move forward
- Chinas car exports in first 8 months surpass 2025 total, as EV sales soar
- Hong Kong court convicts Wall Street Journal publisher of deterring reporter from taking union role
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Wed, 09 Sep 2026
- Alcohol, whey and motorcycles are in the crosshairs of the US import ban on Canada products
- Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York
- Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
- New Apple CEO unveils latest iPhone lineup, including a foldable model called Duo
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- Oil surges above $100 a barrel as US and Iran launch new attacks, while gasoline prices also jump
- Anthropic researcher resigns with warning about the dangers of AI development
- Yemens Houthi rebels say Saudi-backed forces launched airstrikes, and other key Mideast news
- In North Carolina, a race is on to restore critical peatland before it dries up or is destroyed
- UK police open criminal investigation into whether Reform UK broke foreign-funding rules
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- UK government defends decision to ban trade with Israeli settlements
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- US banning dairy products, most alcohol and motorcycles from Canada in growing trade war
Tue, 08 Sep 2026
- US hits remaining parts of Irans aviation sector with sanctions in latest move to isolate Tehran
- Oil prices keep rising and weigh on Wall Street
- Meta launches personal AI agent, Muse, emphasizes safety and privacy
- The Blade newspaper in Toledo is for sale, and ownership says it will shut down if no buyer is found
- Trump threatens Canadian jetmaker Bombardier, which has an extensive US footprint
- Singapore man pleads guilty to orchestrating $240 million bitcoin theft from DC resident
- UK government bans goods from Israeli settlements and accuses settlers of ethnic cleansing
- Hungary expels 10 Russian diplomats as it shifts away from previous pro-Moscow stance
- Japan protests as China slaps new measures against its exports of a key chipmaking material
- Australian social media users to be offered choice to opt out of algorithms
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Mon, 07 Sep 2026
- Fuel prices at record Labor Day high in US thanks to Iran war and refinery issues
- Federal investigators probe Amazon cargo jets fiery runway crash that killed 5 in Miami
- Jaguar Land Rover will cut 4,000 jobs to reduce costs and compete with China
- First female administrator in the Panama Canals history takes the helm
- Partys over for crypto scammers who went on a spending spree after a $240 million bitcoin theft
- The poorest in the US cant find housing even as low-income units sit empty
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- Far-right Alternative for Germany party wins big in regional election but falls short of majority
Sun, 06 Sep 2026
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- Iran says it plans to announce a new exclusion zone near the Strait of Hormuz
- US envoys Witkoff and Kushner hold talks in Ukraine after meeting with Putin
- Spider-Man: Brand New Day makes it 6 weeks in a row at No. 1 as Hollywood wraps a banner summer
- US tourism groups want to win Canadian visitors back. A testy trade war isnt helping
- A Kentucky man with a meat allergy was craving a burger. So he got into ostrich farming
Sat, 05 Sep 2026
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- Greeks promised tax relief, wage hikes as protesters take to the streets over cost of living crunch
- Putin meets with US envoys at the Kremlin for renewed talks on ending the war in Ukraine
- Whats open on Labor Day? Most retailers. Closed? Government, banks and the stock market.
- Thousands rally in Croatia demanding urgent cleanup of toxic waste from a town
- Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him
Fri, 04 Sep 2026
- Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike
- US issues sanctions on Turkish bank that it calls a critical financial lifeline for Iran
- Hiring burst of 162,000 jobs in August puts the focus squarely back on inflation in the US
- US diesel prices hit a record high, pushing up transportation costs for a long list of goods
- Feds open probe into Musks steering-wheel-free taxis a day after he began offering rides in them
- Pressure in China helps convince Volkswagen its time to change
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