The Latest Breaking News from Inflation

Chancellor Jeremy Hunt was accused by his Labour shadow Rachel Reeves of ‘standing by’ as millions struggle.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday fell -0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell -0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) fell -1.35%. U.S. stocks on Wednesday fell after Fed Chair Powell, in his semi-annual...

“This time is different,” Moody’s Analytics’ chief economist wrote in a CNN op-ed Tuesday. “Odds are that we will buck history and avoid recession.”

Experts warn 1.4m homeowners will see a fifth of their disposable income wiped out by soaring mortgage rates

Fed Chair Powell today presented his semi-annual testimony before the House Financial Services Committee. Mr. Powell will appear Thursday before the Senate Banking Committee and repeat his prepared testimony, although he will answer different questions from panel members. Mr. Powell’s prepared statement today was in line with his comments last...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.08%. U.S. stocks are lower today after Fed Chair Powell,...

“I ask the court to judge which is worse,” urges the handsome but painfully earnest Dylan McDermott. “A lie that draws a smile or a truth that draws a tear?” This rhetorical flourish is problematic even by Hollywood’s standards, given that Kris Kringle’s lawyer in Miracle on 34th Street appears…

Jumbo hike of half a percentage point is the 13th consecutive rise, cost of borrowing to its highest since 2008

The goth icon speaks for all of us: "I AM AS SICKENED AS YOU ALL ARE."