Key inflation gauge worsens, eroding Americans' income and spending power

WASHINGTON (AP) — A cardinal ostentation gauge accelerated successful April to the highest level successful 3 years, the latest motion that spiking state prices and higher nutrient costs are squeezing Americans' finances. Inflation jumped to 3.8% successful April compared with a twelvemonth ago, the Commerce Department said Thursday, up from 3.5% successful March and the [...]