The Latest Breaking News from Inflation

The Inflation Reduction Act includes provisions that increase taxes on large corporations and lower prescription drug costs.

The sweeping legislation includes the largest investment to fight climate change in US history.

Party leaders hope approval of Inflation Reduction Act will boost their prospects in the midterm elections this November

The climate, health care and tax law caps a remarkable string of legislative wins for the Biden administration

The stock market has been rallying lately with the decline in inflation in July from the multi-decade high level and robust economic data. However, with inflation remaining elevated and the rising geopolitical issues, the market could witness volatility in the months ahead. Therefore, it could be wise to invest in…

Food manufacturers are struggling to keep up with the fast-paced inflation. Furthermore, high oil prices, labor shortages, and supply chain issues are significant headwinds for the industry. Additionally, the geopolitical situation has been worsening the global food crisis. Hence, we think food stocks Beyond Meat (BYND) and Utz Brands (UTZ)…

The Inflation Reduction Act would double the number of employees and expand the auditing capacity of the IRS.

Although rail fares are set to increase, it reportedly won't be by the 13% margin expected

Although inflation seems to be cooling down, it is far from the Fed’s target level. And the central bank is expected to continue its interest rate hikes, further slowing down the economy. In these uncertain times, dividend stocks Coca-Cola (KO), Kimberly-Clark (KMB), and Caterpillar (CAT) might be ideal investments to…

Tons of money for renewable energy, lease sales for drilling in Alaska and the Gulf of Mexico and prescription drug pricing

Workers saw a 2.6 per cent pay rise last quarter, according to the Australian Bureau of Statistics, although soaring inflation continues to outpace growth.