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The Latest Breaking News from Inflation

MAGA media chief warns that Trump looks ‘weak and rudderless’ and has lost ‘vision’ for American dream

‘Why on earth would anyone be excited to go vote for them 12 months right now?’ Sean Davis asked this week about the Republican Party and Trump

The Independent UK

Hamburger Chain Restaurant Closures: 300 Locations to Shutter Amid Inflation and Foot Traffic Decline

A major hamburger chain plans to close 300 US locations by 2026, citing inflation, declining foot traffic, and competition from lower-priced casual dining rivals.

International Business Times UK

Billionaire Ken Griffin shares the top traits he looks for when hiring—and warns that schools are failing to prepare applicants

"One of the problems with grade inflation in the United States is we're not teaching young Americans what it's like to fall short," the Citadel CEO said.

Fortune

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read the most diverse news in one place.

'Yikes': Top investment bank looks under the hood of the economy and finds 'the labor market doesn't look that good'

We've heard the labor market is in a "low-hire, low-fire" kind of environment. The "low hire" part seems to be true, the other not so much.

Fortune

5 Types of Items Retirees Should Buy at Sam’s Club Before Inflation Makes Them Unaffordable

Buying these household staples in bulk can help offset the effects of inflation.

GOBankingRates

‘It will never be forgiven’: UN climate chief warns world to act or face disaster

Faltering governments will be blamed for famine and conflict abroad, and face stagnation and inflation at home, says climate chief at start of Cop30

The Guardian - UK

Stocks Set to Open Sharply Higher as End to U.S. Government Shutdown Nears

December S&P 500 E-Mini futures (ESZ25) are up +0.92%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +1.39% this morning as optimism that lawmakers are nearing a deal to end the longest government shutdown in U.S. history boosted sentiment.

Barchart

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How Much Inflation Has Eaten Into a $10 Million Lifestyle in Just 5 Years

Inflation has quietly eroded even high-end lifestyles. See how a $10 million budget has changed over 5 years—and what it means for your future spending.

GOBankingRates

RBA bigwig reveals how economy can escape slow lane

The Australian economy's spare capacity will be key to deciding how many times the Reserve Bank can cut interest rates, a senior official says.

AAP

Mark Cuban Backs This Surprising Investment Amid High Inflation — Should You Invest?

The even-handed billionaire said this one investment represents a surprisingly good hedge against inflation for the savvy investor who can tolerate some risk.

GOBankingRates

Technical Support Levels, CPI and Other Key Things to Watch this Week

Markets enter an important week following last week's significant pullback that tested key technical support levels across major indexes. The S&P 500 and Nasdaq held their 50-day moving averages on Friday, but still surrendered considerable ground for the week.

Barchart

8 States Offering Special Cash Rebates for Residents Over 65

As inflation continues to strain retirement budgets nationwide, some states are stepping up with direct financial relief specifically designed for older residents. In 2025, eight...

Saving Advice

The Supply Chain Problems That Causes Repairs to Double in Cost Overnight

A lot of people think mechanic shops are “out to get them,” but after working as a mechanic for more than 10 years, I can tell you that’s not the truth for the most part. If you see sudden increases in your bill, it’s likely due to something out of…

Clever Dude

The Hidden Link Between Rising Repair Costs and Corporate Greed

Every time your car, washing machine, or smartphone breaks, the repair bill seems steeper than it used to be. What used to cost a few dollars for a replacement part now feels like a financial setback. The issue extends beyond inflation or supply chain hiccups. There’s a deeper connection at…

Clever Dude

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The Guardian - AU

$1,000 for a one-hour appointment: why are fees for Australia’s specialist doctors skyrocketing?

Out-of-pocket costs are increasing faster than inflation and population growth – but increasing Medicare rebates might not be a magic bullet

GOBankingRates

How Much Money Would Workers Have If the Minimum Wage Kept Up With Inflation?

If minimum wage matched 1968 purchasing power, you'd earn $421,200 more over 30 years. With productivity adjustments, the gap reaches $670K-$1M in earnings.

AAP

Economy heads for first major test since RBA rate hold

Australia's volatile unemployment rate is expected to tick back down to 4.4 per cent, which would add little urgency for the Reserve Bank to cut interest rates.

Fortune

It's not about inflation or the economy — the election instead delivered a 'wake-up call' on affordability politics, top pollster says

"But make no mistake, how much you pay at the cash register is going to determine who you vote for in these elections."

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Saving Advice

Why Inflation Hits Single Retirees Harder Than Married Ones

Inflation has been relentless in recent years, driving up the cost of everything from groceries to gas. While all retirees are feeling the pressure, single...

The Free Financial Advisor

7 Harsh Money Truths Millennials Are Learning Too Late

Managing money becomes complicated for students who need to handle their educational expenses, increasing housing costs, and build their savings for later life. The discovery of financial resilience often occurs after most millennials learn that receiving a salary does not guarantee stability. The world experienced a rapid shift as housing…

Grocery Coupon Guide

8 Everyday Items That Used to Be Cheap but Are Now Luxury Buys

We have all felt the sticker shock. Items that our parents or grandparents bought with pocket change now require a serious financial commitment. This is not just simple inflation. It is a sign that the cost of certain “everyday” goods and services has outpaced wages. This has effectively transformed them…

Saving Advice

Social Security’s 2026 Raise Is Official—But Most Seniors Say It Won’t Even Cover Groceries

The Social Security Administration has officially announced the 2026 cost-of-living adjustment (COLA), and while it’s technically a raise, many seniors say it won’t make a...

Barchart

Economic Angst Weighs on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.55%. December E-mini S&P futures (ESZ25 ) are down -0.97%, and December E-mini Nasdaq futures...

The Guardian - AU

The Coalition says ‘Jimflation’ is wrecking the nation – but would we have accepted the alternative?

Public spending can drive inflation, but from healthcare to education, Australians expect more and better public services – and Labor provided

Fortune

Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’

What was a niche argument about five years ago is suddenly everywhere you look, and it’s taking on the shape of a letter with two jagged edges.

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