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Soaring Energy Prices Push Consumer Inflation Up To 3.8%

18 sources|Diversity: 98%|

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New York TimesAMay 12, 9:46 PM

Inflation Accelerates as Iran War Drives Up Energy Costs

Also, Russia keeps attacking U.S. companies in Ukraine. Here’s the latest at the end of Tuesday.

CBS NewsBMay 12, 8:19 PM

Searing U.S. energy prices are driving the hottest inflation in years

CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.

New York TimesAMay 12, 2:41 PM

CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran

The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.

Common DreamsCMay 8, 2:07 PM

April Jobs Report Shows Uneven Labor Market Growth As Inflation Outpaces Wages

Today’s jobs report shows the labor market added 115,000 jobs in April, while the number of jobs added across February and March was revised down by 16,000. Since the start of 2026, job gains have ave

CBS NewsBMay 12, 1:26 PM

CPI surged in April as inflation soars to highest level in almost 3 years

U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.

CBS NewsBMay 12, 9:47 PM

Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years

Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the

The New RepublicBMay 12, 2:12 PM

Iran War Surges Inflation as Trump’s Approval Rate Hits Record Low

Inflation is surging under President Trump, reaching its highest level in three years thanks to the Iran war, and more Americans than ever don’t trust him on the economy. The Bureau of Labor Statistic

NBC NewsBMay 12, 2:03 PM

Inflation hits 3.8%, outpacing wage growth

Inflation hits 3.8%, outpacing wage growth

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