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Dow closes in the red after report finds inflation rose in September. (2026, October 14). CBS News. https://www.cbsnews.com/video/dow-closes-red-september-inflation-report/
“Dow closes in the red after report finds inflation rose in September.” CBS News, 14 Oct. 2026, https://www.cbsnews.com/video/dow-closes-red-september-inflation-report/.
“Dow closes in the red after report finds inflation rose in September.” CBS News, October 14, 2026. https://www.cbsnews.com/video/dow-closes-red-september-inflation-report/.
Dated from the outlet's own feed. Check the original for its byline.
Inflation in the United States rose to 3.7% in September compared to the same period last year, up from 3.4% in August, according to the Bureau of Labor Statistics (BLS). This final inflation report before the November midterm elections highlights rising consumer prices driven largely by escalating gas and diesel costs due to ongoing tensions with Iran. Gasoline prices alone increased by 9.1% in September, accounting for over half of the monthly increase in overall consumer prices. The surge in energy prices has exacerbated concerns about affordability and could impact voter sentiment ahead of the elections, where inflation is a top issue for both Republicans defending majorities in Congress and Democrats seeking to capitalize on economic dissatisfaction.