The Latest Breaking News from Inflation

Liz Truss’s tax cut and defence spending pledges, coupled with spiralling inflation and the growing cost of government debt, will create a £60bn hole in the public finances by 2026, according to calculations by the Financial Times.

JAKARTA: Indonesia has raised its heavily subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Indonesia has raised subsidised fuel prices by about 30% on Saturday, top officials said, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

The escalating energy crisis requires radical action, ex-Labour MP Frank Field and former pensions minister Ros Altman have warned.

The stock market is expected to remain under immense pressure in the near term as the Federal Reserve hints at reiterating its stance of raising interest rates until inflation falls to the target level. Given an uncertain economic outlook, investors may want to make their portfolios sturdy by adding high-quality…

Blue-chip stocks are well-known for their ability to withstand economic downturns while also protecting investors from market volatility. So, while rising inflation concerns are threatening the equity markets, blue-chip stocks such as Coca-Cola (KO) and PepsiCo (PEP), which beat Q2 earnings expectations in their most recent quarterly release, could be…

The stock market has witnessed significant volatility amid the record high inflation and the Fed’s hawkish stance on it. Investors have been banking on healthcare stocks as they tend to hold up relatively well in such turbulent times. We think investing in quality healthcare stocks Johnson & Johnson (JNJ), Pfizer…

The nation’s job market last month delivered just what the Federal Reserve and nervous investors hoped for: A Goldilocks-style hiring report

Concerns over high inflation, the Fed’s hawkish stance to control it, and an economic slowdown have led to immense stock market volatility. Therefore, it could be wise to invest in stocks with decades of dividend-paying history, such as Johnson & Johnson (JNJ), AbbVie (ABBV), and Becton, Dickinson and Company (BDX),…

The pandemic highlighted how interconnected the world is right now. Multiple bottlenecks have disrupted global supply chains – the networks of people, companies and modes of transport that order and manufacture goods and deliver them to warehouses, shops or even right to our doors.

The Joint Committee on Taxation estimated that about 150 corporations would be subject to a new minimum corporate tax each year.