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The Latest Breaking News from Inflation

Food prices are already high in Canada. Will the Iran war make them worse?

Food prices in Canada have been rising at a faster rate than overall inflation for the past several years. In fact, food prices are 30 per cent higher than they were a decade ago.

The Conversation

Trump's Hormuz Blockade Sparks Global Inflation Fears As Oil Markets React To Supply Shock

The surge in oil prices is expected to filter quickly into broader inflation given energy's central role in areas like transportation, manufacturing and food production.

International Business Times

The conflict in the Middle East has provided a true test of the resilience of the global economy

The world economy survived the shocks of the Ukraine-Russia conflict, which has had limited impact on economic growth. But the escalation of hostilities in the Middle East has transformed what had been, until early 2026, a surprisingly benign outlook into a far more uncertain one. It has created the ultimate…

The Conversation

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Investors are writing off any move from the Fed this month. Collapsing talks in Iran have sealed the deal

“It is too soon to identify potential second-round effects in inflation or labor markets,” cautioned UBS’s Paul Donovan.

Fortune

Stocks Set to Open Lower as Oil Prices Top $100 After U.S.-Iran Talks Collapse, Big Bank Earnings Awaited

June S&P 500 E-Mini futures (ESM26) are down -0.62%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.64% this morning, pointing to a lower open on Wall Street as oil prices jumped back above $100 a barrel after President Trump ordered a blockade of the Strait of Hormuz following…

Barchart

6 Scary Retirement Risks (and How to Vanquish Them)

From the cost of long-term care to outliving your savings, aging is full of risks that are almost too scary to contemplate. Here's how to face them fearlessly.

Kiplinger

Iran’s crumbling economy is the regime’s greatest weakness with prices up 40% since the war began while authorities worry about making payroll

An Iranian official told Reuters the country “will face a disaster” if sanctions aren’t lifted.

Fortune

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Spoils of Iran war to deliver Chalmers a budget boost

The federal budget will be billions of dollars better off, even with added spending, because of higher commodity prices and inflation, a top economist says.

AAP

Iran Ceasefire, Bank Earnings and Other Key Things to Watch this Week

Markets face extraordinary uncertainty following the collapse of lengthy U.S.-Iran diplomatic talks that ended with no deal, as Vice President J.D. Vance confirmed Iranian officials "have chosen not to accept our terms."

Barchart

Why inflation is the economic problem of the decade

When seemingly one-off events pile up on top of each other, prices get reset across the economy.

Axios

Second fuel security trip to Asia for PM

Prime Minister Anthony Albanese will leave on Tuesday for his second fuel security mission within a week.

The Conversation

Task for the week: limit the fallout from biggest oil shock in decades

As World Bank and IMF chiefs gather in Washington, the Iran war is driving up energy prices, fuelling inflation and testing voters’ patience

The Guardian - UK

Sea to Summit Ultralight XR Insulated Air Sleeping Mat review: Can this ultralight pad still deliver real comfort?

Sea to Summit trims weight and pack size but aims to keep comfort front and centre

RBA to sift through jobs data as world watches Hormuz

The labour market will be top of the economic agenda in the coming week, while speaking engagements from central bank officials will be closely studied.

AAP

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Latin Times

Inflation Devastates Venezuela's Elderly as Monthly Pensions Become Worthless

Venezuela's state pension for its elderly population is currently just 130 bolívares, around $0.30 a month, which is not even enough to buy a loaf of bread. Across the country, many older people are forced to sell personal belongings, rely on family, skip meals, stretch food and medication, or simply…

Everybody Loves Your Money

Your Money’s Under Attack: How To Build a Financial Fortress

The world does not gently handle money. It pulls, pokes, drains, and tests every dollar with relentless energy. Inflation chips away at purchasing power, unexpected expenses show up uninvited, and bad financial habits quietly eat away at progress. Money needs protection, strategy, and structure, or it disappears faster than expected.…

Everybody Loves Your Money

Retirement Robbers: Hidden Costs That Sabotage Your Nest Egg

A retirement plan can appear rock solid on paper and still fall apart in real life. Numbers line up neatly, projections stretch confidently into the future, and everything seems under control. Then something small starts chipping away at the edges. A fee here, a price increase there, a decision that…

The Guardian - UK

Student loan interest could rise despite cap on rates

Temporary limit in England and Wales won’t stop many facing higher charges from autumn due to jump in inflation from Iran war

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The Independent UK

Pete Buttigieg absolutely shreds CNBC host on Iran war and Trump’s broken inflation promises

The former transportation secretary said ‘inflation was lower’ when the Biden administration left ‘than it is today’

Barchart

Stocks Settle Mixed Awaiting US-Iran Peace Talks

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.11%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.14%. June E-mini S&P futures (ESM26 ) fell -0.12%, and June E-mini Nasdaq futures...

Kiplinger

S&P 500, Nasdaq Nab Best Weeks Since November: Stock Market Today

Strong gains in mega-cap tech stocks buoyed the Nasdaq on Friday, but the Dow and S&P 500 weren't so resilient.

GOBankingRates

5 CPI Report Facts That Could Shift Retirees’ 2027 COLA

Here are five takeaways from the latest CPI report that show how today's prices could shape retirees' 2027 COLA and what that means for monthly budgets.

Fortune

Inflation goes up by a whopping monthly rate of nearly 1%—and it’s hitting you at the grocery store and gas station

Energy was the hardest-hit category, but that didn’t spare consumer goods like coffee.

Evening Standard

FTSE 100 flatlines ahead of Iran-US peace talks

The FTSE 100 closed down just 2.95 points at 10,600.53.

International Business Times UK

Buying A Home Just Got Harder — US Home Loan Rates Could Stay Near 6% For The Rest Of The Decade

Explore the future of US mortgage rates with insights from economic forecasts. Discover why home loan costs are expected to remain elevated, influenced by Treasury yields and Federal Reserve policies.

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