The Latest Breaking News from Inflation

New research shows the scale of the disaster hitting not just Brits on benefits, but the MPs they could turf out of office if Liz Truss goes ahead with plans to cut benefits

We all know why stocks are falling at this time. That being a toxic combination of high inflation + hawkish Fed = future recession. So with the S&P 500 (SPY) already down 25% some investors are already talking about buying this as a bottom. RUBBISH! Before you make that fatal…

The post-Covid recovery has run out of steam. The latest update to the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (Tiger) shows that growth momentum, as well as financial market and confidence indicators, have deteriorated markedly around the world in recent months, many countries are either in or…

Many big U.S. businesses say they have been able to increase prices this year with limited pushback from customers. Not all the changes are leading to higher corporate profits.

The travel industry has been under pressure due to sky-high inflation and the rising odds of a recession. Moreover, the industry is struggling with an acute labor shortage. Hence, fundamentally weak travel stocks Carnival Corporation (CCL) and Norwegian Cruise Line (NCLH), which have incurred significant losses this year, could be…

Sterling falls more than a cent to below $1.10 after Andrew Bailey tells pension firms they have ‘got to get this done’

Brazilian Economy Minister Paulo Guedes criticized the International Monetary Fund for failing to spot surging inflation, saying it led to "misguided" advice, in contrast to early action in Brazil that he said has put the country ahead of the curve in controlling rising prices.

The Consumer Price Index (CPI) data for September will be reported on Oct. 13 by the U.S. The Bureau of Labor Statistics. Analysts at JPMorgan Chase & Co and former U.S. Secretary of the Treasury Larry Summers weighed in on what is happening and what could happen.

The three largest economies will ‘continue to stall’ and ‘the worst is yet to come’, it warned.

Revenue boost will aid budget repair as ‘storm clouds’ loom over economy, Deloitte predicts

With the national home sales inventory disappearing and rising inflation and mortgage interest rates, the rental housing market is busting at the seams attempting to meet demand. And in some states, 25% of the people lucky enough to find available rental property are now behind on their monthly payments.