Alicia Wallace

"Now Hiring" signage past recruiters as they speak to job seekers during the WorkSource North Seattle Career Fair on February 10.

(CNN) — The US labor market appears to have found its footing: The economy added 172,000 jobs in May, shattering expectations, new data from the Bureau of Labor Statistics showed Friday.

(CNN) — Americans haven't been this gloomy about their household finances in years – and they expect it'll only get worse, new survey data showed Monday.

The US labor market shows signs of stabilization as it adds 172,000 jobs in May, surpassing expectations and holding unemployment steady at 4.3%.

Inflation is expected to exceed 4% for the first time in three years driven by rising gas prices from the Iran war.

(CNN) — Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.

(CNN) — Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.

US annual inflation hit 4.2%, a three-year high, according to the latest Consumer Price Index from the Bureau of Labor Statistics. CNN’s Alicia Wallace explains what economists are saying about the latest spike in inflation. Discover more videos, including live streams and exclusive storytelling, on our Watch page.

US businesses' input costs are rising rapidly as the Iran war's oil shock continues to ripple through the economy.

By Alicia Wallace, CNN (CNN) — U.S. consumers are facing the fastest price inflation they've seen in...