The Latest Breaking News from Inflation

Labor action at seven German airports is set to ground nearly 300,000 passengers Friday as unions call for higher pay amid decades-high inflation. Portugal is ending its "Golden Visa" program for real-estate investors as housing prices skyrocket, and US regulators charge crypto firm Terraform Labs and founder Do Kwan with…

Shares have slipped in Asia after benchmarks on Wall Street took their biggest hit in four weeks as investors registered disappointment over an inflation reading that came in hotter than expected

It’s a tough time for central bankers the world over, but especially for Reserve Bank of Australia governor Philip Lowe.

When the governor and colleagues faced the economics committee, rates were the focus – how high will they go, and will they stall the economy?

Reserve Bank governor Philip Lowe has given a strong indication more interest rate rises are on the cards despite nine back-to-back rises causing many households significant pain and leaving them struggling to make repayments on their mortgages.

Mabel Stephens feels like the world's upside down. The 65-year-old grandmother says the cost-of-living crisis and an incredibly tight rental market forced her to leave the country.

Reflecting on a difficult trading year, Nestlé's chief executive Mark Schneider said 2022 was filled with 'many challenges and tough choices' in addition to 'surging inflation and intensifying cost-of-living pressures'

Is the EU’s clean tech plan enough to keep up with America's green subsidies, outlined in the US Inflation Reduction Act? Kate Moody speaks to Gwenaëlle Avice-Huet, chief strategy and sustainability officer at Schneider Electric - a French multinational firm that specialises in digital automation and energy management.

While inflation has been cooling, the jobs market remains tight. This could prompt the Fed to raise the benchmark rates more than many projected, leading to a recession this year. Amid this backdrop, investors could look to stabilize their portfolios by adding cash-rich dividend stocks Pfizer (PFE), BHP Group (BHP),…

The higher-than-expected January CPI data and robust jobs market indicate that the Fed’s fight against inflation might take longer than expected, potentially triggering the much-feared recession. Amid the current macroeconomic backdrop, it could be wise to invest in quality ETFs Vanguard Developed Markets (VEA), iShares Russell 2000 (IWM), and VanEck…

As Americans' credit card balances soared at the end of 2022, delinquencies started to creep up as well.