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An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago — the largest year-over-year rise since 1982. It’s the latest indication that Americans are enduring sharp price increases that will likely worsen after Russia’s invasion of Ukraine. Excluding volatile food …

A Jamaican police officer is being accused of trying  to smuggle cocaine into the U.S. on and in her body, CBS Miami reports. Shelian Cherine Allen, 42, an 18-year police veteran, allegedly attempted to bring in  the cocaine from Jamaica to try to distribute it, according to authorities. Police said …

Wholesale inflation in the U.S. surged again last month, rising 9.7% from a year earlier, in a sign that price pressures remain high at all levels of the economy. The Labor Department said Tuesday that its Producer Price Index — which measures inflation before it reaches consumers — jumped 1% …