The Latest Breaking News from Inflation

The latest national accounts show the Australian economy is struggling. It’s what you would expect after the sharpest series of interest rate rises on record, and is more or less what the Reserve Bank was trying to achieve to bring down inflation.

Commodities are global assets that feed, power, and shelter people worldwide. Wholesale commodity prices are a critical factor in determining inflationary pressures.

Price controls fail to meet the hope of their advocates because such policies don't address the root causes and introduce unintended consequences.

Federal Reserve's success in managing inflation faces public skepticism over high prices.

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated

The government’s economic critics want it both ways — complaining it’s not doing enough to lower inflation while also not doing enough to support growth.

Here's a way to deal with high costs caused by inflation and high interest rates.

The US government's fiscal year significantly impacts financial markets because the federal budget process influences economic policy, government spending, and fiscal stability. As the fiscal year draws to a close on September 30, market participants closely monitor budget negotiations, potential government shutdowns, and funding decisions, which can create uncertainty and…

Eos’ Pittsburgh-area battery plant got subsidies aimed at “good clean jobs.” Its workers say they’re getting fired for unionizing.

The US government's fiscal year significantly impacts financial markets because the federal budget process influences economic policy, government spending, and fiscal stability. As the fiscal year draws to a close on September 30, market participants closely monitor budget negotiations, potential government shutdowns, and funding decisions, which can create uncertainty and…

Though it is likely to be lower than the adjustments over the past few years, retirees will see a bump in their monthly Social Security payments.