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The Latest Breaking News from Inflation

UK service sector returns to growth as tariff concerns ease

Firms also reported a slowdown in price inflation for the month despite recent cost increases, such as higher wage bills.

Evening Standard

When Downsizing, Does a Continuing Care Retirement Community Make Sense?

The idea that you'll never have to move again may sound tempting, but how about the costs? A financial planner explores the pros and cons of this style of retirement living.

Kiplinger

US Faces Stunted Growth and Soaring Inflation from Tariffs, OECD Warns

The OECD warns Trump's tariffs will stunt US growth to 1.6% and push inflation near 4% by 2025. Can businesses and shoppers adapt to this economic shake-up?

International Business Times UK

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Extreme weather events have slowed economic growth, adding to the case for another rate cut

Australia’s economy slowed sharply in the March quarter, growing by just 0.2% as government spending slowed and extreme weather events dampened demand. That followed an increase of 0.6% in the previous quarter.

The Conversation

Dollar Gains and Gold Falls on US Labor Market Strength

The dollar index (DXY00 ) Tuesday rose by +0.53%. The dollar on Tuesday recovered from a 6-week low and moved higher after weaker-than-expected Eurozone inflation news knocked the euro lower. Also, weakness in the yuan supported gains in the dollar after a gauge of Chinese manufacturing activity contracted in May...

Barchart

Fact check: Reform UK migrants claim and minister’s inflation mix-up

Round-up of fact checks from the last week compiled by Full Fact.

Evening Standard

Bulgaria close to adopting the euro: What stands in the way?

Bulgaria's government is pressing ahead with its plan to join the euro currency union, aiming to deepen European integration.

Euronews

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OECD outlook: Can the global economy survive trade pressures in 2025?

The OECD forecasts a continued slowdown in global economic growth this year, driven by persistent trade tensions — such as US tariffs — and stubbornly high inflation.

Euronews

Inflation slides to 1.9% in Europe, as worries shift from prices to Trump and tariffs

Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more interest rate cuts from the European Central Bank

The Independent UK

OECD downgrades forecasts for UK growth as Trump tariffs hit world economy

Global growth is expected to fall below 3% for the first time since the pandemic

Evening Standard

Eurozone inflation falls below ECB 2% target in May: Rate cut in sight

Eurozone inflation fell to 1.9% in May, below forecasts, boosting expectations of an ECB rate cut on Thursday. Core inflation also eased to 2.4%. The euro slipped and bond yields fell as markets priced in a 25bp rate cut to 2.0%.

Euronews

Australia’s lowest paid workers just got a 3.5% wage increase. Their next boost could be even better

A week ago, the Australian Financial Review released this year’s “Rich List”. It reported the number of billionaires in Australia increased from 150 to 166 between 2024 and 2025.

The Conversation

UK will slump to 1% growth next year as Trump tariffs bite, says OECD

US, Mexico and Canada economies likely to be worst affected by ongoing tariff battles, says forecast

The Guardian - UK

Where in Europe are workers losing ground as taxes rise faster than wages?

While most European countries experienced higher real post-tax incomes in 2024, some saw a decline, as rises in personal average tax rates outpaced real wage growth.

Euronews

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AAP

Unions hail pay boost for millions of low-paid workers

Workers on minimum award rates will be given one of the highest above-inflation pay increases in history to help redress falling living standards.

Fortune

Mark Cuban says consumers may actually see lower prices due to tariff uncertainty as companies deal with the aftermath of stockpiling goods

“The variance in tariffs has made it impossible to know how to manage costs,” Cuban said on social media. “So you do all you can to clear out inventory and get back to cash.”

The Free Financial Advisor

11 High-Yield Savings Tricks You’ve Never Tried

Are you tired of watching your savings grow at a snail’s pace? You’re not alone. With inflation eating away at your hard-earned cash, finding creative ways to boost your high-yield savings account is more important than ever. The good news? There are plenty of clever, lesser-known strategies that can help…

Barchart

What If The Inflation Fight Is Already Lost?

Services inflation is sticky, wages are rising, and rate cuts are a fantasy. Are we entering a high-rate era with no off-ramp?

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news in one place.

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Saving Advice

8 Money Lessons That Should’ve Been Taught Before Retirement

For many retirees, financial freedom feels like a moving target. After years of working and saving, some people still find themselves shocked at how unprepared...

Barchart

Powel Speech, Earnings and Other Key Things to Watch this Week

Following last week's dramatic market moves driven by escalating trade tensions and NVIDIA's earnings results, this week shifts focus to a comprehensive assessment of U.S. economic health through a packed calendar of labor market and business activity indicators. Here are 5 things to watch this week in the Market.

Kiplinger

Ditch the Fear: A Guide to Embracing Retirement Preparedness

Don't be scared about running out of money, be prepared. This financial professional explains how you can help take control of three critical retirement risk factors with a little planning.

AAP

National accounts to reveal Australia's economic pulse

Australia's economic growth rate for the first quarter will be revealed this week and investors will study minutes from the Reserve Bank's last board meeting.

The Free Financial Advisor

9 Things Frugal People Do That Make the Rich Uncomfortable

Frugality isn’t just about pinching pennies—it’s a mindset that shapes how people approach money, time, and even relationships. For many, the habits of frugal people can seem odd or even unsettling, especially to those who are used to spending freely. Yet, these habits often lead to greater financial security and…

MarketBeat

MarketBeat Week in Review – 05/26 - 05/30

Despite a tame inflation read, tariff concerns still weigh on investors as the Trump administration's tariff plans will now be litigated in Federal court

Barchart

Stocks Settle Mixed on Trade Tensions and Positive Economic News

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.11%. June E-mini S&P futures (ESM25 ) are down -0.10%, and June E-mini Nasdaq futures...

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