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Americans are cutting spending due to inflation

Inflation remains near a 40-year high, according to the latest report, prompting many consumers to cut back on spending. The No. 1 thing they’re cutting back on? Dining out. Plus, the 5 things Jim Cramer won’t spend money on, why you might want to bring up inflation when asking for a raise and how inflation is affecting everything from the housing market to retirement. Worried about your money? Sign up for CNBC's Money 101 newsletter.

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    • Inflation
    • Money
    • Consumer Spending
    • Cost of Living
    • U.S. Economy
Americans are cutting spending due to inflation

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    Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs

    Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs

    Inflation rose again in April, continuing a climb that has pushed consumers to the brink and is threatening the economic expansion, the Bureau of …

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