In The Press

March CPI jumps 0.9% as gas prices surge on Iran conflict

The Consumer Price Index rose 0.9 percent in March, its largest monthly gain since June 2022, as a 21.2 percent surge in gasoline prices — the biggest single-month increase in the index's history — accounted for nearly three-quarters of the monthly increase, the Bureau of Labor Statistics reported.

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Record share of February homesellers cut list prices

More than one-third of February homesellers cut their list price last month, reaching a record high for the month as buyers gained leverage in a market shaped by high mortgage rates, elevated prices and economic uncertainty, according to a Redfin analysis.

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