The Latest Breaking News from Inflation

The US state of California has filed a lawsuit against Amazon, accusing the e-commerce giant of violating its antitrust law by blocking price competition and making online shopping more expensive for consumers. The lawsuit is limited to California, but, if successful, could trigger similar action in other states. Plus, inflation…

Borrowing costs at their highest level in 14 years

UK inflation fell this week as fuel prices dropped

Saudi Arabia’s consumer price index rose 3% in August from a year earlier, official data showed on Thursday, accelerating from a 2.7% pace in July. Food and beverages and transport prices were again the main driver of inflation in August, both rising 4%, the General Authority for Statistics said in…

Senior figures at Durham County Council say the government must step in to help it cope with soaring inflation, and energy costs

It’s reassuring to see an honest debate unfold about a federal initiative as sweeping as President Joe Biden’s decision to cancel billions of dollars in student loans. There’s plenty of room for disagreement about whether the initiative helps those who deserve it the most, needlessly stokes inflation, favors the wealthy…

New State Pension payments could increase to more than £200 per week from next year.

JOHN Lewis plunged to a £99 million loss in the first half of the year and pledged a £500 payment to full-time staff to help ease the cost-of-living crisis.

Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn't kept pace with inflation. Many recipients are homeless, unable to save for an apartment.

Outlook ‘uniquely uncertain’, says Partnership as it announces cost of living support for staff

Asian shares are mixed after modest gains on Wall Street