The Latest Breaking News from Inflation

The tracker from Which? shows prices were up 23.6% year-on year at Lidl and 22.5% at Aldi in January, compared with 10.4% at Ocado, 13.2% at Sainsbury’s, 13.6% at Tesco, 14.4% Morrisons, 15.2% at Waitrose and 16.8% at Asda.

Pakistan faces a wave of problems on multiple fronts, but its growing debt can no longer be overlooked as inflation soars and foreign reserves crumble.

The Fed’s path to bringing down inflation is still far from guaranteed.

A thinktank dismisses the idea rising wages causes price spiral; Australia sends drones to Kyiv in show of support; women claim thrilling T20 semi win

Increasing profits going to corporate Australia account for more than two-thirds of the nation's inflation problem, according to new research from the Australia Institute.

The revised estimate marked a deceleration from the 3.2 percent growth rate from July through September.

Despite the inflation and rising interest rates, the software industry’s long-term prospects remain bright, thanks to consistent digital transformation within the market that has exhibited remarkable growth so far. Hence, fundamentally strong software stocks GoDaddy (GDDY) and Commvault Systems (CVLT) could be ideal buy-and-hold options for investors. Read more….

A new poll shows that just 40% of U.S. adults approve of how President Joe Biden is handling relations with China, and a majority of them are anxious about Beijing's global influence

New analysis challenges the narrative that workers need to accept sluggish wage growth to tame inflation and says business profits are driving higher prices.

With higher-than-expected job gain and inflation, concerns about the Fed’s tight monetary policy pushing the economy into a recession still loom large. Therefore, investors could look to buy fundamentally strong and profitable stocks, Johnson & Johnson (JNJ), Canon (CAJ), and Forrester Research (FORR). Keep reading….

The council said the additional funds raised by the rise would help with staffing and inflation costs.