CNBC’s Silvana Henao reports. New data released by the U.S. Bureau of Labor Statistics on Wednesday shows that inflation rose to a near 40-year high of 8.3 percent in April compared to one year ago.

CNBC's Silvana Henao reports on how the conflict in Ukraine is impacting the world's energy market after the cost of oil shot up to its highest price in over a decade overnight. March 7, 2022 ...