Rising consumer prices are officially outpacing workers' pay. CPI data out Tuesday showed that consumer prices rose 3.8% in April compared to a year earlier as the conflict with Iran raised global energy prices. That same month, average hourly earnings gained 3.6% from a year earlier.You can probably do the math, but what this translates to is consumers feeling increasingly squeezed by higher costs. Whether it's simple stuff like the rising price of a cold brew or the cost of filling your tank to get to wor ...

US consumer sentiment fell to a fresh record low on concerns about the impact of inflation on personal finances and buying conditions https://t.co/FxG9UY3CCF ...