The Latest Breaking News from Inflation

Going into Tuesday’s State of the Union address, President Joe Biden sees a nation with a glowing economic future

Most American middle-income households are cutting back on savings or reaching into their nest egg to keep up with the rising cost of living.

The markets have rallied this year as investors believe inflation will continue to ease and that the economy will avoid a recession – but it could end in tears.

The economic confrontation between the United States and China has put Europe in the crossfire, with Washington's plan to boost green industries threatening to cause collateral damage to a key ally. The United States has adopted the Inflation Reduction Act (IRA), which contains $370 billion in sweeping investments, subsidies and…

As inflation continues to ease, the Fed recently raised interest rates by 25 bps, lower than its December hike of 50 bps. With the continued slowdown in rate hikes and the economy moving in the right direction, a soft landing for the economy looks increasingly possible to most analysts. Hence,…

“Unless this labor market strength turns out to be a one-month blip…the Fed is likely to dig in and keep rates higher for longer,” BMO Wealth Management’s chief investment strategist, Yung-Yu Ma, said.

After a brutal sell-off last year, the Nasdaq Composite index has started this year on a positive note. Moreover, easing inflation and the Fed’s smaller rate hike have rekindled optimistic market sentiments. Given this backdrop, investors should buy fundamentally sound Nasdaq stocks PepsiCo (PEP) and Comcast (CMCSA) like there’s no…

Talking Europe hosts Mark Gitenstein, the US ambassador to the EU and a close confidant of President Joe Biden since the 1970s. Gitenstein took up his position in Brussels a year ago, and it proved to be a baptism of fire, with the war in Ukraine starting just a few…

After being disregarded for so long, managing inflation will be hugely important to the future of the UK’s economy and society

Does the Federal Reserve have it wrong

Raising maintenance loans by only 2.8% means students will have to cut back on food and books, says report