The Latest Breaking News from Inflation

Any Americans hoping for relief from months of punishing inflation might not see much in Thursday’s government report on price increases in September

Hong Kong stocks opened in the red on Thursday as investors shifted focus to U.S. inflation data due later in the day. The benchmark Hang Seng opened 1.11% down and was last seen trading at 16,538, just nearly 350 points away from hitting its 2009 lows.

Bitcoin and Ethereum were seen trading in the green on Wednesday evening as the global cryptocurrency market cap stayed largely flat at $921.5 billion at 9:16 p.m. EDT.

Below-inflation rise would save exchequer tenth of £40bn to be given out through tax cuts, says thinktank

Nine million households containing 30 million people will be affected if benefits rise in line with earnings, according to the Resolution Foundation.

Treasurer Jim Chalmers acknowledges the "deteriorating global economy and rising inflation" would put pressure on his upcoming budget, ruling out changes to legislated stage 3 tax cuts.

In government, party says it would stop inflation-busting price rises and take action on mid-contract hikes

Inflation and rising shipping costs has forced retailers to implement return fees

Unbeknownst to many, the gift for the 43rd anniversary of marriage is entertainment; to stretch it further, this fall marks the 43rd anniversary of a pivotal event in the history of the Federal Reserve and the U.S. economy.

It’s not breaking news that gas prices, rent, food and virtually everything else are more expensive than it was just a year or two ago.

In response to rising inflation and concerns over a potential recession, consumers are cutting back on their discretionary spending. Therefore, we think fundamentally weak consumer discretionary stocks Roku Inc. (ROKU), The Beachbody Company (BODY), and Vinco Ventures (BBIG) are best avoided now. These stocks have lost significant momentum over the…