The Latest Breaking News from Inflation

UK’s borrowing costs rise on news that Reeves is changing fiscal rules

Yield, or interest rate, on British government bonds climbs on Thursday amid a fall for other countries

The Guardian - UK · Oct 24, 2024

‘Cosmic inflation’: did the early cosmos balloon in size? A mirror universe going backwards in time may be a simpler explanation

We live in a golden age for learning about the universe. Our most powerful telescopes have revealed that the cosmos is surprisingly simple on the largest visible scales. Likewise, our most powerful “microscope”, the Large Hadron Collider, has found no deviations from known physics on the tiniest scales.

The Conversation · Oct 24, 2024

Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?

Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.

Al Jazeera · Oct 24, 2024

Despite inflation, U.S. consumers are 5% better off than in 2019—here’s why they don’t feel that way

Consumers perceive price rises and wage gains differently: Inflation is something bad that happens to us—but wage gains are something we earn.

Fortune · Oct 23, 2024

Bank of Canada’s latest interest rate cut: Monetary policy is not enough to address economic issues on its own

The Canadian and American economies are deeply intertwined. With the United States Federal Reserve cautious amid mixed signals from the labour market and rising inflation worries, the Bank of Canada has just lowered its key interest rate to 3.75 per cent — cutting it by half a percentage point.

The Conversation · Oct 23, 2024

Bank Of Canada Cuts Rates, Says Fight Against Inflation 'Worked'

Canada's central bank cut its key interest rate by half a point Wednesday, reducing it to 3.75 percent and offering borrowers further relief as it claimed the battle against inflation had proven successful.

International Business Times · Oct 23, 2024

3 Consumer Discretionary Stocks Breaking Out This Quarter

As the U.S. economy showcases resilience amid evolving inflation trends and shifting interest rates, fundamentally solid consumer discretionary stocks eBay (EBAY), PulteGroup (PHM), and Expedia (EXPE) might be solid buys this quarter. Read on.

StockNews.com · Oct 23, 2024

Australia’s unemployment figures are a reason for joy – even if it means waiting for the next interest rate cut

I am not going to be sad if more people having a job means I’ll have to wait a few more months before my mortgage repayments drop

The Guardian - AU · Oct 23, 2024

The 2025 Estate Tax Exemption

The IRS increased the exemption before the GOP tax bill dropped. Find out how the plan could permanently change the threshold for estate taxes.

Kiplinger · Oct 23, 2024

Hedge fund icon who predicted Black Monday warns that no matter who wins—Trump or Harris—inflation is coming

Buy gold and Bitcoin, the October 1987 crash oracle Paul Tudor Jones recommends.

Fortune · Oct 23, 2024