The Latest Breaking News from Inflation

The Federal Reserve's preferred inflation gauge showed no signs of cooling in August, remaining stubbornly high and reigniting questions over whether the market’s aggressive rate-cut bets are truly justified.

Here are five retailers that have been hit hardest by inflation and how to save money at each one. 

Despite elevated living costs and a tight job market, the U.S. economy is still strong. Moody's Chief Economist Mark Zandi says it's wealthy people who are keeping the economy afloat.

The dollar store was once the fastest-growing sector in American retail. Its simple, low-price business model was a huge success. However, the economic landscape of 2025 has created a perfect storm of challenges that has destroyed that model. Major chains like 99 Cents Only have filed for bankruptcy. Dollar Tree…

“We agree that the economy is strong and growing," says Northlight's Chris Zaccarelli, "but a lot of that good news is already priced in — and then some."

For months, Donald Trump has badgered the US Federal Reserve and its chair, Jerome Powell, to lower interest rates. When the governors of the Fed did so by 0.25 percentage points in mid-September to a target of between 4% and 4.25%, it wasn’t big or fast enough for Trump.

Economists are revising their rate cut predictions after the latest ABS figures revealed inflation is trending back up

December S&P 500 E-Mini futures (ESZ25) are down -0.06%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.12% this morning as investors await a fresh batch of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from bulk retailer Costco.

The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higher, says Guardian columnist Larry Elliott