The Latest Breaking News from Inflation

Major Asian equity markets were trading lower after Wall Street logged its worst week in the past 10 on Friday

Making goods cheaper isn’t going to fix the fact that income has shifted to the top 10%

National spending on personal healthcare has increased 1,629% since 1980 — that’s more than $3 trillion — nearly seven times faster than inflation.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.15%. Stocks on Friday posted modest gains in volatile...

“At the end of the day, this idea that what's good for Main Street is bad for Wall Street is not really correct,” Jared Bernstein, chair of the Council of Economic Advisers, told Fortune.

The state Education and Labor Cabinet’s new unemployment figures show jobless rates rising in nearly every county from November of ’22 to last November.

The restaurant industry finds itself well-positioned for growth fueled by trends such as digitization, easing inflation, changing consumer preferences, popularity of online delivery services, and rising inclination toward experience-based dining. Therefore, it could be wise to buy fundamentally strong restaurant stocks Carrols Restaurant (TAST), Domino's Pizza (DPUKY), and Luckin Coffee…

While growth has slowed, the labor force defied fears of a downturn amid highest inflation levels in a generation

December data comes amid speculation over when European Central Bank will cut interest rates