The Latest Breaking News from Inflation

President Joe Biden says the Inflation Reduction Act, which contains some $370 billion in climate spending, represents the most sweeping government investment in clean energy “ever, ever, ever.” To ensure that investment is worthwhile, he’ll need an equally unprecedented overhaul of federal rules and regulations. Congress should make such reforms…

RBA governor Philip Lowe says it is ‘best [to] avoid’ pushing wages up even as workers suffer real wage cut due to inflation

Despite current market uncertainties, the U.S. economy's long-term growth prospects are pretty viable. Experts believe inflation will fall dramatically in the coming year, and robust growth will follow. Therefore, investors could buy quality stocks Microsoft (MSFT), Vertex Pharmaceuticals (VRTX), Centene (CNC), Agilent Technologies (A), and Myers Industries (MYE), which seem…

The RBA board should be thinking very, very seriously about before lifting interest rates again, Michael Pascoe writes.

Fears of an economic downturn are once again on the rise, but what is a recession, exactly? We tackle this and other questions here.

Why the global economy may never be the same.

Former work and pensions secretary Stephen Crabb urged the Treasury to have a ‘more honest discussion’.

David Miles said the impact of rising interest rates and inflation will cause pressure next year but they are predicted to turn a corner in 2024.

Demand for services has cooled off but manufacturing conditions remain relatively robust, according to a new survey.