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Inflation held steady in February before Iran war drove up gas prices, CPI report shows

The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors.  “Inflation was starting to ease in…

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Canada’s Doug Ford on Trump trade war: “When someone comes up and punches you in the face … you have to stand up”

Washington — President Trump campaigned on lower prices for Americans, but his trade war with Canada is pushing prices higher for Americans, Ontario Premier Doug Ford told CBS News in an interview Friday.  Earlier this week, Mr. Trump announced 50% tariffs starting next month on a number of Canadian goods, including hockey sticks and alcohol, on…

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