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The Latest Breaking News from Inflation

Caution and clarity are the two takeaways from Fed’s notes—but Powell may get ‘stuck’ in limbo

The FOMC’s latest meeting notes reveal a committee in stasis as it waits for the real impact of Trump’s tariff regime.

Fortune

UK housing crisis sees renters hit hardest by rising bills

The government is trying to ease an acute housing shortage that has pushed up rents and prices in recent years

The Independent UK

UK renters hit hardest by inflation as household costs surge

Spiralling rents for the UK’s 5.5 million private tenants continued to outstrip broader price rises in the economy last year.

Evening Standard

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Experts offer eight easy ways to save on your food shop

Simple tips to make your money go further at the supermarket as food inflation rises

The Independent UK

Weak business investment underlines productivity battle

Encouraging productivity-boosting investment, such as infrastructure connecting regions with capital cities, is needed amid a slowdown in capital expenditure.

AAP

Boomers in Denial: What They Refuse to Accept About Today’s Economy

Navigating today’s economy feels like walking a tightrope for many Americans, but for Baby Boomers, the ground beneath their feet is shifting faster than they realize. Many Boomers, shaped by decades of relative economic stability, struggle to accept just how much the financial landscape has changed. This disconnect can lead…

The Free Financial Advisor

Here’s Why School Supplies Continue to Cost More and More Every Year

Every year, parents brace for the back-to-school season—not just for the new routines, but for the rising cost of everything from pencils to backpacks. What used to be a quick \$20 run to the store has ballooned into a triple-digit shopping spree for many families. The truth is, school supplies…

Kids Ain't Cheap

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Did Inflation Kill Buying Food Online? Here Are 9 Reasons It Might Have

Online grocery shopping surged in popularity, offering unparalleled convenience. However, recent periods of high inflation have significantly impacted household budgets. This has led many consumers to re-evaluate their spending habits, including the costs associated with online food delivery. While the convenience remains attractive, the added expenses of online grocery shopping…

Grocery Coupon Guide

Nasdaq Futures Tick Lower With All Eyes on Nvidia Earnings, FOMC Minutes on Tap

June Nasdaq 100 E-Mini futures (NQM25) are trending down -0.19% this morning as investors cautiously await an earnings report from AI darling Nvidia and the Federal Reserve’s May meeting minutes.

Barchart

UK grocery inflation jumps to highest level in 15 months

Increase of 4.1% in past month driven by rising cost of chocolate, butter and sun cream, says Kantar

The Guardian - UK

Expert tips to save on your big shop as food inflation rises

Finding ways to make your money go further at the supermarket is more important than ever

The Independent UK

Grocery price inflation surges to 4.1%

Groceries now cost 4.1% more than they did a year ago, a significant jump from last month’s 3.8%, figures from analysts Kantar show.

Evening Standard

Australian shares retreat as inflation comes in hot

The ASX has handed back its early gains with interest, after an overnight Wall Street rally wasn't enough to outweigh losses in materials and financials stocks.

AAP

Egg, housing costs might fry hopes of earlier rate cut

Headline inflation has held steady but came in hotter than economists expected in the year to April. Whether it's a blip or something else remains to be seen.

AAP

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Kiplinger

Advisers: Master the Fed Funds Rate, Help Clients Master Retirement

Understanding the Federal Reserve's key tool can help financial professionals guide clients through economic shifts and opportunities.

The Independent UK

Food inflation rises again as steaks and fresh goods hit

Prices fell faster for electricals as retailers tried to encourage spending before any potential knock-on impact from US tariffs

The Guardian - UK

UK food inflation rises for fourth month in a row as steaks beef up prices

Annual rate of food price increases hits 2.8% driven by rising cost of fresh produce but price inflation for all goods is falling

The Independent UK

Food inflation rises for fourth consecutive month

Food prices are now 2.8% higher than a year ago, up from April’s 2.6%, according to the BRC-NIQ Shop Price Index.

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The Fashion Central

Ex-Boris Aide Says Starmer Must Be Fuming Over Rachel Reeves’ Inflation Bombshell

Angela Rayner Could be Eyeing up Number 10 and People are Losing it

The Conversation

What is modern monetary theory? An economist explains how it could help Canada

Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits. Government deficit is when the government spends more money than it collects in taxes and other revenues.

Barchart

Tariffs, NVDA Earnings and Other Can't Miss Items this Week

Markets face a shortened trading week with Memorial Day closing on Monday, but the four-day session promises significant volatility as investors grapple with escalating trade tensions following President Trump's latest tariff threats targeting technology giants and European partners. Here are 5 things to watch this week in the Market.

The Guardian - UK

Who is calling the shots when it comes to UK wage levels: workers or bosses?

Amid apparent rising pay, economists are concerned about the consequences of a possible shift in the balance of power

AAP

Research the whole kit and cavoodle, vet costs can bite

AAP

Price moves to help RBA plot course through uncertainty

Australia's central bank will seek signs of stability as it tries to chart a course to lower interest rates through the murky waters of global uncertainty.

Saving Advice

Is It Too Late to Invest in Gold—Or Is the Best Just Beginning?

Every time gold prices hit a new high, the same question comes crashing through financial headlines and anxious investment forums: “Is it too late to...

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