Ben Walter, CEO of Chase for Business, discusses how inflation, led by surging gas prices, challenges small businesses. He outlines JPMorgan Chase's American Dream Initiative, offering economic tools for millions of entrepreneurs.

The worst US inflation in years is once again eating away at Americans’ paychecks, as rising gasoline and grocery prices threaten to undermine household spending.

The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war.

U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department's consumer price index rose 3.8% from April 2025, according to data released Tuesday.

The Labor Department’s consumer price index rose 3.8% from April 2025, according to data released Tuesday. On a month-to-month basis, April prices rose 0.6% from March as gasoline prices rose 5.4% during the month;

What You Need to Know Inflation rose 3.8% over 12 months in April, the highest since May 2023 and in line with forecasts.The Iran war has sent gas prices soaring, pushing up the overall inflation rate.

Consumer prices continued to surge in April, led by higher energy prices, the government said on Tuesday. Why it matters: The April report shows that inflationary pressures tied to the Iran war are seeping into consumer prices,

Inflation rose five-tenths of a percentage point to 3.8% for the year ending in April, the Bureau of Labor Statistics reported Tuesday, as disruptions to the energy market from the Iran war added to underlying price pressures.