The Latest Breaking News from Inflation

'Strike-breakers' prepared as grain terminal workers seek inflation pay rise

Netflix shed another 970,000 subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, increasing the urgency behind the video streaming service’s effort to launch a cheaper option with commercial interruptions

Once upon a time in the United States, regular savings accounts paid over 5% interest. The May 31, 1979, issue of the New York Times reported that federal regulators allowed commercial banks to pay 5.25% interest on their savings accounts, while savings and loans and mutual savings banks were able…

Ticket prices have been hiked due to soaring inflation

The stock market has been under pressure with the soaring inflation and the Fed’s aggressive rate hikes. Amid the market downturns, investors are buying the dip in stocks, which can generate long-term returns. However, dividend investing could be a wise strategy to ensure a stable income stream amid the uncertain…

Unions say the £1,400 award varies from around 4% to over 9% for staff which represents a real-terms cut as inflation soars

The company joins other tech firms in slowing hiring as fears grow that inflation will lower consumer demand

Andrew Bailey also announces plan to sell off some of Bank’s bonds stock to reinforce effect of higher rates in tackling inflation

Teachers’ leaders have described the rise for experienced teachers as ‘unacceptable’, with strikes possibly going ahead in autumn.