The briefing
BNN Bloomberg reports U.S. consumer prices rose 3.8% year over year in April, the fastest pace since 2023, driven by higher gasoline, grocery, and airfare costs. Gas prices climbed more than 5% in the month after a 21% jump in March; the update appeared alongside other market headlines in the outlet’s daily roundup.
Original headline
The Daily Chase: U.S. inflation rises at fastest pace since 2023