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High gas prices are posted at a full service gas station in Beverly Hills, Calif., Nov. 7, 2021. Oil prices, which have a big impact on the price of gasoline and home heating oils, have been on an up-and-down ride since the fall. And while oil prices are usually pretty volatile, the constantly change nature of the coronavirus pandemic has made predicting the ups and downs even harder. (AP Photo/Damian Dovarganes)

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A key inflation gauge rose 5.8% in 2021, most in 39 years
January 28, 2022 11:30 a.m.

A key inflation gauge rose 5.8% in 2021, most in 39 years

economists project that growth will slow in the first three months of the year