The Latest Breaking News from Inflation

Stock market today: Asia shares decline as faltering Chinese economy sets off global slide

Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy

The Independent UK · Aug 16, 2023

Inflation expected to slow down again as Bank of England grapples with record increase in wages

Consumer Prices Index inflation is predicted to be 6.7% for July, down from 7.9% in the previous month

The Independent UK · Aug 16, 2023

Tories will still leave households worse off despite potential inflation slowdown, says Labour

Labour accuses PM of overseeing a £350 increase in monthly bills for the average household

The Independent UK · Aug 16, 2023

Consumers no longer ‘penny-pinching’ as retail sales rose solidly last month

Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department.

Chicago Sun-Times · Aug 15, 2023

Turkey: are we witnessing the end of Erdoğanomics?

Is the tide finally turning for Turkey? Three months after the re-election of Recep Tayyip Erdoğan for his third term as president, which many feared would lead to economic chaos, ratings agency Moody’s has indicated that Turkey’s credit rating is on course for an upgrade.

The Conversation · Aug 15, 2023

Russia's ruble has tumbled. What does it mean for the wartime economy?

The Russian ruble has fallen a long way in recent months, and the country's central bank is stepping in to halt the slide

The Independent UK · Aug 15, 2023

Retail sales rise 0.7% in July from June as inflation continues to ease

Americans increased their spending last month as inflation continued to ease on eggs, electronics, used cars and other items, and the job market remains healthy

The Independent UK · Aug 15, 2023

In 'Bidenomics,' Congress delivered a once-in-generation investment — with political promise, peril

There are so many dots on the maps they blur into blobs – each one reflecting trillions of public and private dollars flowing in the U.S. in a nationwide investment

The Independent UK · Aug 15, 2023

Global wealth fall cost 3.5m people ‘dollar millionaire’ status last year

UBS says assets dipped for first time since financial crisis as high inflation and struggling currencies took toll

The Guardian - UK · Aug 15, 2023

Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite

Companies that don’t typically have easy access to public capital markets like large corporates do are getting creative.

Fortune · Aug 15, 2023