The Latest Breaking News from Inflation

Congress is on the verge of passing historic drug pricing legislation that would allow the government to restrict prices for drugs covered by Medicare, but experts disagree on whether drugmakers will shift those costs to the private market.

Neel Kashkari welcomed the first better-than-expected inflation report in many months on Wednesday, but said it did not change his view on the need for more aggressive interest rate hikes even if it means triggering a recession.

Telstra sees a drop in annual profit, but increases dividend for the first time in seven years. The ASX and Wall Street rally as cooling inflation eases interest rate hike fears, and the Australian dollar surges to 71 US cents as the greenback declines.

Consumers struggling with skyrocketing prices for food, gas, autos and rent got a tantalizing hint of relief last month, when prices didn’t budge at all from June after 25 straight months of increases

Even though the inflation declined slightly from the 40-year high in July, it stayed elevated. Therefore, the Fed could maintain its hawkish stance on tightening monetary policy, which will drive market volatility. Amid this fear-driven market, we think it could be prudent to invest in fundamentally sound stocks AbbVie (ABBV),…

Ethereum (CRYPTO: ETH) was surging over 8% higher on Wednesday, propelled by a positive market-wide reaction to the latest consumer price index data that showed inflation inc

Strong job market and a slight decline in July inflation reading have raised investor optimism in the market. However, inflation still remains elevated, and the positive economic data might encourage the Fed to consider aggressive rate hikes. Since these factors are expected to keep the market volatile, it could be…

New US data suggests that the worst of inflation may be over after a tough year of price increases.

U.S. stocks traded higher toward the end of trading, following the release of inflation data.

Without urgent action, families are seeing nothing more than pain now and pain later. There is a way through, says former prime minister Gordon Brown

Analysts are sizing up the second quarter financial results from Plug Power Inc (NASDAQ: PLUG) and the opportunity the company could ha