The Latest Breaking News from Inflation

The rising cost of living is turning into a thorny political issue ahead of Japan's upper house election this weekend, as opposition parties peg blame for recent price hikes on Prime Minister Fumio Kishida's policies.

Price pressures will persist into the third quarter, the Commerce Ministry has admitted, after the country's headline inflation rate hit a near-14-year high in June.

Small businesses are struggling with record high costs while trying to remain competitive, as consumer confidence falls in response to inflation and rising interest rates.

Major flooding will drive up inflationary pressures for the economy.

Shares of leading retailer Bed Bath & Beyond (BBBY) are down more than 67% in price year-to-date. The company reported disappointing first-quarter 2022 results affected by persistently high inflation, fluctuations in consumer spending patterns, and other macroeconomic headwinds. However, considering the management's efforts to address the ongoing challenges and boost…

Recessions, like unhappy families, are each painful in their own way.

An Awful First Half For Stocks The first half of 2022 featured a perfect storm of headwinds for stocks: by January, inflation was at a 40-year high. 

ANZ has followed Commonwealth Bank in raising mortgage rates following the central bank's decision to lift the cash rate to 1.35 per cent.

Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years. Stung by China's COVID-19 lockdowns and soaring costs, Tesla said…