The Latest Breaking News from Inflation

Pre-open movers U.S. stock futures traded higher in early pre-market trade on Wednesday after recording sharp losses on Tuesday following the release of inflation data for August. All the three major indices settled sharply lower, notching their biggest single-session percentage declines since June 2020.

COVID-19 and inflation have knocked restaurants to their knees, and everyone with a vested interest, from owner to chef to server to customer, seems to have an opinion on how to get them up and running again.

MPC members will look at other developments in UK and abroad in mission to increase interest rates

Fashion brand Zara's owner Inditex said on Wednesday that profit for the six months to July jumped by 41% and sales rose by around a quarter, putting it on a strong footing ahead of second half likely to see rampant inflation hitting demand for clothing. In the first set of…

Firms say it does not feel like the economy is growing as energy and raw material costs rise.

Food prices have been soaring

Millions of older adults are having trouble making ends meet, especially during these inflationary times. Yet many don’t realize help is available, and some notable programs that offer financial assistance are underused.

Gainers Akero Therapeutics, Inc. (NASDAQ: AKRO) shares jumped 136.8% to settle at $29.05 on Tuesday after the company's Phase 2b HARMONY study met its primary endpoint for both the 50mg and 28mg EFX dose groups.

The consensus across think tanks and economic networks is that this was "entirely driven by falling transport costs" as the prices of food…