High gas prices pushed up inflation again last month while adding to Americans’ financial strain: Households are saving at the lowest rate in nearly four years, a new report showed Thursday.

For millions of retirees and Americans living on fixed incomes, inflation remains one of the biggest financial threats in 2026.

In addition to gasoline, prices for groceries, clothing and electricity are also on the rise, indicating inflation could persist.

Higher-income households are weathering higher inflation better than middle- and lower-income Americans, underscoring the prevalence of the so-called K-shaped economy, according to the Federal Reserve's Beige Book.

Americans generally have two ways to pay for their spending: income in the form of wages and other payments, and assets they hold that can be sold to raise cash. Many of those in

With the right strategy, you have a better chance of keeping up.

By Sarupya Ganguly BENGALURU, June 3 (Reuters) - The U.S. dollar is expected to stay range-bound in the near term before weakening later this year, FX strategists said in a Reuters survey, on optimism the Middle East war will end soon and its impact on inflation will be temporary.

In the April jobs report, inflation outstripped wage growth for the first time in three years. When the May jobs report comes out on Friday, we'll find out if that's a trend.