Prices were 8.5% higher in March than a year earlier.
Economists expect the rate to moderate in the months ahead, but the Ukraine war and a coronavirus surge in China could complicate that prospect.
Economists expect the rate to moderate in the months ahead, but the Ukraine war and a coronavirus surge in China could complicate that prospect.
Russia was unable to use dollars held in American banks to make a payment of about $650 million on its debt. It used rubles instead.
Experts say investors should resist the urge to make drastic changes to their portfolios because of global turmoil.
Tens of billions of dollars are being spent on what, where and how consumers will eat in the coming years. Laws and regulations aren’t always keeping up.
The announcement reverses a decision last week, when Twitter said Mr. Musk would become a board member after amassing a 9.2 percent stake in the company.
With a new owner, the 99-year-old movie studio appears headed back to its traditional sweet spot as an entertainment company. But the business of Hollywood is no longer the same.
Three decades after worrying about making rent, she is now giving away billions — all while trying to keep herself out of the spotlight.
Economists are betting that supply chains for all kinds of goods will heal, shortages will ease and price gains will slow. Cars are a wild card in those forecasts.
In the absence of federal regulations, crypto lobbyists and executives are going state by state to get favorable rules enacted. Many lawmakers have been willing partners.
You may still be able to reduce your tax bill by contributing to an I.R.A., for instance. And if you have questions, the I.R.S. is offering free walk-in help on Saturday.