Here’s the inflation breakdown for April 2023 — in just one chart

Key Details

The customer selling price index rose 4.9% in April 2023, the smallest boost in two years, the U.S. Bureau of Labor Statistics said Wednesday in a monthly inflation report.
Inflation readings have weakened for 10 consecutive months, from the peak in June 2022.
Homes feel to be acquiring aid in staple types like foods, power and housing.

Resource

Finance

Trump targets credit card rates. What’s at stake for Capital One and other banks

January 12, 2026

Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump’s call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday […]

Finance

Stocks making the biggest moves midday: Citigroup, Abercrombie, Vistra, Duolingo and more

January 12, 2026

Check out some of the companies making the biggest moves in midday trading. Bank stocks — The group fell broadly after President Donald Trump called for credit card rates to be capped at 10% for one year . Capital One slid 6%, Synchrony Financial tumbled 8% and Citigroup dropped 3%. Bank of America , Wells […]

Finance

Republican Sen. Thom Tillis vows to block Trump’s Fed nominees following Powell probe

January 12, 2026

Key Points Sen. Thom Tillis, R-N.C., said he will block any Trump Fed nominees, including for chair, in light of revelations that the Justice Department is investigating Jerome Powell for potential perjury charges. That position substantially complicates the road to replacing Powell, whose term as chair expires in May. While Powell’s term as chair ends […]