The Latest Breaking News from Inflation

Kwasi Kwarteng has bowed to pressure and brought forward the publication of a report from the Government’s independent fiscal watchdog.

On Wednesday, OPEC+ announced a dramatic reduction in production quotas, by 2 million barrels per day. According to oil ministers, the goal is to boost crude prices and “encourage investment” in the sector — making it sound like they are doing the world a favor. In fact, this is an…

The holiday season is an opportunity to slow down, connect with friends and family or even take a much-needed vacation. But according to a new Bankrate survey, a substantial portion of travelers are rethinking their excursions this year. Of the 43 percent of U.S. adults planning to travel this holiday…

Ghana is struggling with managing its debt, 20-year high inflation, a weak currency, and rising inequality. For example, inflation rose to 33.9% in August 2022 from 9.7% a year earlier, while the cedi has depreciated by 41% year-to-date against the US dollar. These vulnerabilities have been worsened by the aftershocks…

Economy in focus: Phoenix’s economy appears to be booming – but wages are failing to keep up, and prices are spiralling. How do voters see it?

Private sector activity falls for second month running, amid sharper falls in new work

Asian shares have fallen, with Chinese markets logging moderate losses after reopening from a weeklong holiday

Democrats predicted abortion would be Sen. Catherine Cortez Masto’s saving grace

Speculation grows PM is getting ready to give in to Cabinet pressure to increase benefits in line with inflation