The Latest Breaking News from Inflation

A top union boss in Germany justified a massive strike planned for Monday as a "matter of survival" for many thousands of people fighting for higher wages as inflation soars, according to an interview published in the Bild am Sonntag newspaper.

Retail sales data and the monthly consumer price index will offer some insights into spending behaviour and the likely trajectory for inflation.

St. Louis Fed president Bullard told Bloomberg Friday he fears '70s-style inflation will hit the global economy if the Fed changes its inflation target.

Volkswagen unveiled a cheap new electric concept car, but protectionist policies mean it's not worthwhile for the company to introduce it in the U.S.

The billionaire investor says interest rate hikes are undermining the economy and could lead to more bank turmoil.

A new AP-NORC poll shows that personal finances are a major source of stress for about half of the lower income households in the U.S.

Streaming stocks faced a rough year in 2022 as subscriber growth slowed amid concerns about high inflation and macro uncertainties. Therefore, it could be wise to avoid fundamentally weak streaming stocks Warner Bros. (WBD), Paramount Global (PARA), and World Wrestling (WWE), given their weak fundamentals. Read more….

The UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is a clear reversal of the tax reduction which previous chancellors hoped would encourage output and innovation.

Acute hunger is affecting 4.9 million Haitians, according to a UN report, which outlines the increased need for humanitarian aid