Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve, according to a batch of reports Thursday that showed economic...

Economists with Cal State Fullerton say local and U.S. economies will see inflation rise as they absorb the ongoing supply shock from rising fuel costs caused by the Iran war, further cooling the alre...

The latest inflation report shows prices rose to 3.3% last month, the highest seen in two years.