Scott Horsley

The federal government shutdown, which began overnight, will delay key reports on the U.S. economy, including a monthly snapshot of the job market, which was scheduled for release on Friday.

Groceries saw their biggest jump in nearly three years last month, a worrisome sign for inflation-weary shoppers. Tariffs are contributing to higher prices for imported staples like bananas and coffee.

Inflation accelerated in August as Americans paid more for gasoline and groceries. Over the last 12 months, consumer prices have risen 2.9%.

Inflation accelerated in August as Americans paid more for gasoline and groceries. Over the last 12 months, consumer prices have risen 2.9%.

The U.S. job market showed more signs of weakness Friday, as the Labor Department reported just 22,000 jobs added last month. Revised figures show the economy lost jobs in June, and the unemployment rate inched up to 4.3%.

The U.S. job market showed more signs of weakness Friday, as the Labor Department reported just 22,000 jobs added in August. Revised figures show the economy lost jobs in June, for the first time since the pandemic winter of 2020.

Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.

The Federal Reserve will likely hold interest rates steady Wednesday as President Trump’s tariffs threaten to raise prices and drag down economic growth.

The Federal Reserve held interest rates steady Wednesday as President Trump’s tariffs threaten to raise prices and drag down economic growth.

While the U.S. grapples with an egg shortage caused by avian flu, eggs remain plentiful and affordable in Canada. There are reasons for that, including that egg farms there tend to be smaller.