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The Latest Breaking News from Inflation

Elizabeth Warren Says Trump 'Turned Out To Be A Big Liar' As President's Family Reportedly Scores $5 Billion Crypto Windfall

On Friday, Sen. Elizabeth Warren (D-Mass.) once again attacked President Donald Trump, blasting him for broken promises on lowering costs while his family's crypto venture has reportedly swelled their fortune by billions.

Benzinga

Cathie Wood Says Inflation Could Fall To 'Zero Or Even Negative' As AI Boom And Trump's Policies Could Push GDP Growth To 7%

On Friday, ARK Invest CEO Cathie Wood said that artificial intelligence and other breakthrough technologies are about to unleash a historic productivity boom that could drive U.S. inflation down to “zero or even negative” levels.

Benzinga

Scott Bessent Says 'Fed Must Change Course' As Trump Weighs Jerome Powell Successors, Treasury Secretary Calls For 'Nonpartisan Review'

U.S. Treasury Secretary Scott Bessent escalated his criticism of the Federal Reserve on Friday, urging sweeping reforms and accusing the central bank of driving inflation and inequality while President Donald Trump weighs successors to Fed Chair Jerome Powell.

Benzinga

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Charlie Munger's $100K Rule Gets An Inflation Reality Check—And The Math Is Eye-Opening

Charlie Munger’s legendary quote about the first $100,000 being “a bit*h” has become gospel among wealth-building enthusiasts, but inflation has dramatically shifted what that milestone actually means today—and the numbers might surprise you.

Benzinga

Is the Fed ready to go big? Analysts debate jumbo rate cut after soft jobs data

A half-point cut is “now in play,” some analysts say.

Fortune

10 Times Inflation Changed What Families Could Afford Overnight

Inflation isn’t just a buzzword you hear on the news. It’s a force that can quickly change what families can afford, sometimes in just a matter of days. When prices jump, paychecks don’t stretch as far, and the essentials suddenly cost a lot more. The impact isn’t always gradual, either.…

The Free Financial Advisor

Wall Street takes a blow after disappointing US jobs data

Wall Street reached new records, but the euphoria ran out as a disappointing US jobs report was released, fuelling expectations that the Federal Reserve will cut key interest rates at its next meeting in September.

Euronews

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5 Reasons You Should Assume You’ll Live to 100 When Planning for Retirement

Longevity, inflation, and rising health costs can drain savings. Learn how to protect your retirement with smart planning and income-producing assets.

GOBankingRates

Dismal August Jobs Report Offers Rate-Cut Relief: What the Experts Are Saying

The August jobs report came in much lower than expected, lifting the odds that several rate cuts will come through by year's end.

Kiplinger

10 Snacks That Have Doubled in Price Since 2020

The sticker shock in the grocery store snack aisle is real. Since 2020, a perfect storm of supply chain issues, poor harvests, and persistent inflation has hit the snack food industry especially hard. Consumers are now paying dramatically more for the same simple treats they enjoyed just a few years…

Grocery Coupon Guide

The labor market is balancing on a knife edge, and the factors weakening it aren’t going anywhere

The Federal Reserve faces rising labor market weakness as BLS revisions, JOLTS downturn, and AI job displacement fuel calls for FOMC rate cuts—but what underlying factors are shaping the data, and are they here to stay?

Fortune

As summers grow deadlier, here's what to know about utility shutoffs

As the cost of electricity outpaces inflation, consumer advocates are sounding alarms about the risks to low-income people who can't afford consistent air conditioning in deadly heat

The Independent UK

4 Things Retirees Should Never Sell To Build Their Retirement Savings

Here are four things retirees should never sell to build their savings, according to two experts in their fields.

GOBankingRates

This 1 ETF Yields Nearly 8% and Can Help You Fight Inflation

While you may not get massive returns with the AMLP ETF, its generous yield more than makes up for it.

Barchart

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The Free Financial Advisor

How Can Inflation Quietly Erase a Lifetime of Savings

Inflation is often called the “silent thief” for a reason. Over the years, it can gradually diminish the value of your hard-earned savings without you even noticing. Most people focus on growing their nest egg, but few pay close attention to how inflation quietly chips away at purchasing power. This…

International Business Times

Rising Costs Put Illinois Higher Education Out of Reach for Many Families

Illinois public university tuition and fees have increased 66% since 2009, outpacing inflation and leaving students to shoulder more of the financial burden.

Grocery Coupon Guide

Why Are Some States Bringing Back Grocery Taxes in 2025?

During the high inflation of recent years, many states offered relief to consumers by temporarily cutting or suspending their sales tax on groceries. However, in 2025, some of those same states are letting those tax holidays expire. In some cases, they are even considering bringing back a grocery tax that…

Benzinga

Federal Reserve To Follow 'Slower Rate Cutting Cycle' Despite Trump's Pressure As Beige Book Dampens Sentiment: Don't Expect 50 Bps Cut Hints Shapiro

The Federal Reserve is signaling a more cautious approach to interest rate cuts, with its latest Beige Book indicating that “Economic activity was little changed since last release”.

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Kiplinger

Are High-Yield Savings Accounts Still Outpacing Inflation?

With rising inflation, it's more important than ever to choose the right savings account to stay ahead. Here are the best options.

International Business Times

Digital Loan Sharks Prey On Inflation-hit Nigerians

Cash-strapped and in dire need of 30,000 naira (about $20), Mariam Ogundairo turned to a loan app, downloading it and registering her phone number.

Barchart

Stocks Supported as Chances Improve for a Fed Rate Cut

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up by +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.79%. September E-mini S&P futures (ESU25 ) rose +0.56%, and September...

Space

Radical new Big Bang theory says gravitational waves created galaxies, stars and planets

A new Big Bang model does away with speculative elements, putting gravitational waves at the forefront of the creation of galaxies, stars, and planets.

Barchart

Dollar Falters and Gold Soars as Fed Rate Cut Chances Increase

The dollar index (DXY00 ) on Wednesday fell by -0.24%. Wednesday's rebound in equity markets has curbed liquidity demand for the dollar. Losses in the dollar accelerated on Wednesday as the chances for a Fed rate cut later this month increased after the Jul JOLTS job openings fell more than...

Fortune

The U.S. housing market is ‘finally starting to listen’ to homebuyers plagued by high mortgage rates and home prices, economist says

Mark Fleming’s analysis is based on First American’s Real House Price Index, which, unlike other home-price indexes, accounts for inflation.

The Guardian - UK

The Guardian view on fiscal rules and financial myths: Britain must stop fearing imaginary bond vigilantes

Editorial: Liz Truss fell not for borrowing, but for incompetence. Rachel Reeves mustn’t repeat the mistake with rules markets don’t demand

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