Trump's pick to lead the Bureau of Labor Statistics, E.J. Antoni, has suggested pausing the monthly jobs report, raising fears he could alter inflation data that's used to set cost-of-living adjustments for seniors.

Inflation ticked higher in July as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs.

The July index for bread was 241.2, up 0.4% from June and up 1.3% from a year ago. Under this heading, the CPI for white bread was 431.6, down 0.1% from June but up 0.5% from July 2024. For bread other than white, the index was 475.6, up 1.2% from June and up 2.3% from a year ago.

We continue to track the latest news on grocery prices. New data from the Consumer Price Index released this week showed that many items continue to increase.

With Trump’s BLS nominee itching to kill off the monthly jobs reports, public firings and displays of sycophancy may become our best economic indicators.

STORY: Monthly U.S. inflation data is under increased scrutiny after President Donald Trump removed the head of the U.S. Bureau of Labor Statistics, a move that could undermine confidence in the $2.1-trillion market for Treasury debt designed to protect against inflation.

According to the U.S. Bureau of Labor Statistics, the Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer ...