weekly earnings have fallen 0.1 percent

WASHINGTON | US consumer prices rose 2.9 pct, leaving Americans worse off

WASHINGTON — Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy. The Labor Department said Friday that the consumer price index ticked up 0.2 percent in July. Annual inflation matched the 2.9 percent pace … Continue reading WASHINGTON | US consumer prices rose 2.9 pct, leaving Americans worse off