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The Latest Breaking News from Inflation

Why the price of gold has shot up to a record high

Tuesday’s price is up nearly $620 from this time in 2023

The Independent UK

The Inflation Reduction Act's Hidden Healthcare Costs to Patients

The law's changes to Medicare are colliding with the complex reality of the U.S. healthcare system -- and leaving many seniors worse off than before.

International Business Times

EXCLUSIVE: Chicago Fed president warns falling inflation and high interest rates could make things worse

In a Fortune exclusive, Chicago Fed president Austan Goolsbee discusses working with Jerome Powell, base rate cuts, and Fed independence.

Fortune

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read the most diverse news in one place.

3 Stealthy Stocks With Massive Upside Potential

Amid signs of easing inflation and solid economic activity, savvy investors are eyeing under-the-radar opportunities with massive upside potential. Discover why MGM Resorts (MGM), UiPath (PATH), and GigaCloud (GCT) could be smart picks as these stealthy stocks capitalize on emerging market trends. Keep reading.

StockNews.com

London rents "have over-shot" as rental inflation slows to lowest level in almost three years

Rental inflation for new lets it is the lowest it has been in three years as demand falls

Evening Standard

Dollar Falls and Gold Rallies on the Outlook for Lower US Interest Rates

The dollar index (DXY00 ) Tuesday fell by -0.44% and posted a new 7-1/2 month low. Lower T-note yields Tuesday weighed on the dollar. Also, the euro's strength undercut the dollar as EUR/USD rose to a 7-1/2 month high Tuesday. The dollar extended its losses Tuesday after Fed Governor Bowman...

Barchart

Social Security COLA Increase for 2025 Could Be the Lowest in Four Years

The Social Security COLA increase is likely to be the lowest since 2021 as new reports showing inflationary pressure subsiding.

Kiplinger

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Prof: Trump inflation plan will backfire

Trump's “unrealistic and undesirable" plan could blow up the economy, experts warn

Salon

Vice President Harris Proposes Federal Ban On Food Price Gouging

Vice President Kamala Harris proposes federal ban on food price gouging to protect consumers and combat inflation.

Top News

Fed Poised To Cut Interest Rates Amid Job Market Concerns

Federal Reserve prepares for interest rate cuts amid slowing job market and nearing inflation target.

Top News

Stock Index Futures Tread Water as Investors Brace for Fed Minutes and Powell’s Speech

September S&P 500 E-Mini futures (ESU24) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.09% this morning as market participants geared up for the release of the minutes of the Federal Reserve’s latest meeting and comments from Fed Chair Jerome Powell later in the week.

Barchart

Stock Index Futures Tick Higher on Fed Rate Cut Bets, Powell Speech Awaited

September S&P 500 E-Mini futures (ESU24) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.17% this morning after a strong session on Wall Street amid expectations that the Federal Reserve will soon signal readiness to begin cutting interest rates.

Barchart

Fact-checking Day 1 of the Democratic National Convention - Roll Call

Jobs, inflation and crime were subjects of some of the false and misleading claims at the first night of the Democratic convention.

Roll Call

Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates

Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation

The Independent UK

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The Independent UK

Asian markets mostly rise after Wall Street extends its winning streak to longest of the year

Asian stocks are mostly rising after Wall Street pushed closer to record highs following its roller coaster of a summer

Fortune

An economic catastrophe is lurking beneath Russia’s GDP growth as Putin ‘throws everything into the fireplace’

An economic catastrophe driven by the fundamental flaws in Russia's current strategy is looming large as Ukrainian forces fight on Russian soil.

Top News

Economists Warn Of Potential Inflation Risks In Candidates' Economic Plans

Inflation concerns post-pandemic; Harris and Trump address rising costs. Economists caution proposed policies may worsen inflation.

The Conversation

Biden administration’s negotiated price cuts for 10 common prescription drugs likely to save Medicare billions, beginning in 2026

The Biden administration announced on Aug. 16, 2024, the reduced prices of the first 10 drugs it has negotiated with pharmaceutical companies over their Medicare prices.

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news in one place.

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Reason

Kamala Harris' Dishonest and Stupid Price Control Proposal

Government intervention caused inflation, and it threatens to make matters worse.

International Business Times

Chicago Fed President Cautions Against Trump, Harris Inflation Arguments

As part of their economic platforms, Vice President Kamala Harris and former President Donald Trump have both pledged to reduce costs for Americans.

The Guardian - UK

Estée Lauder hit by China weakness; Kashkari says Fed should discuss interest rate cut – as it happened

Rolling coverage of the latest economic and financial news

Newslaundry

Why your groceries cost 9% more this July

A rise in prices of potato, onion and tomato led to a 9 percent increase in grocery bills for a family of four compared to the previous month, according to our analysis of government price data. Prices of meat and dairy products like curd and paneer were not included in…

International Business Times UK

Seattle Couple Earning $200k Struggles To Pay Bills—How Much Does The New Middle-class Really Earn?

By raising the thresholds that define the middle class, inflation has taken its toll on middle-class US households in particular.

Top News

Vice President Harris Proposes Ban On Price Gouging

Vice President Kamala Harris proposes ban on price gouging to tackle high grocery prices and inflation. Debate continues on the effectiveness and implicati...

The Independent UK

What is 'price gouging' and why is VP Harris proposing to ban it?

Vice President Kamala Harris has proposed a ban on “price gouging” by food suppliers and grocery stores, as part of a broader agenda aimed at lowering the cost of housing, medicine, and food

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