Inflation is red hot, soaring to 6.8% in November, the highest in nearly four decades
Businesses across the country, from restaurants to retail, must decide when, not if, to raises prices and by how much.
inflation
Stocks dive over the potential economic fallout from the omicron variant
Stocks fell on Tuesday as investors weighed the potential economic fallout from the new coronavirus variant. Federal Reserve Chair Jerome Powell said the central bank could end its bond-buying early.
Passing the buck: Dollar Tree raises prices to $1.25
The bargain store has been testing the increase for months and says it's not a reaction to the current surge in inflation, though it will help.
Biden reappoints Jerome Powell as Fed chairman at a critical time for the economy
President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve as the economy faces huge challenges, including surging inflation.
Expect to pay more this year to stage your Thanksgiving feast
The Farm Bureau's Thanksgiving report says the average cost of dinner for 10 people is $53.31. But don't cancel your meal yet: the cost for a turkey has already dropped since the survey was taken.
Gasoline prices are surging. Can Biden actually do something about it?
Presidents don't set the gas price you pay at the pump, but they're often blamed for it. And right now, high energy prices are helping send inflation to an over 30-year high.
Inflation is surging and people are hopping mad
Inflation is the highest it's been in more than 30 years, imposing a financial burden on households and putting President Biden under pressure.
Inflation surges to its highest since 1990
Consumer prices were 6.2% higher in October than a year ago as inflation continues to chip away at the buying power of households across the country.
Inflation is at a 30-year high. Here's how the Federal Reserve plans to deal with it
The Fed left interest rates near zero on Wednesday but announced plans to start removing some of the support it has provided to the economy as inflation hits its highest point in 30 years.
Treasury Secretary Janet Yellen says she's confident inflation will ease next year
Treasury Secretary Janet Yellen says she expects inflation pressures to ease in the latter half of next year. Yellen spoke to NPR from Scotland, where she's attending climate meetings.