The Latest Breaking News from Inflation

Home Depot had sales of $38.9 billion during the first quarter of its fiscal year, powering through inflation with a continued surge of demand from consumers who want to buff up their homes, the company reported Tuesday.

Federal Reserve Chair Jerome Powell, in his most hawkish remarks to date, said the US central bank will raise interest rates until there is “clear and convincing” evidence that inflation is in retreat.

Party will seek to put pressure on Tory MPs as cost of living crisis bites

The business sector has welcomed the government's latest decision to cut the diesel excise tax by 5 baht per litre for two months, claiming if diesel prices were left unharnessed, it would add to people's hardships and negatively affect the country's exports.

Investors' concerns over multi-decade-high inflation, the Federal Reserve’s interest rate hikes, and disappointing earnings by tech giants have caused a massive tech sell-off. However, given the enterprise software industry's solid growth prospects, we think it could be wise to scoop up shares of enterprise software companies Workday (WDAY) and Veeva…

Many businesses have relied on high sales volume to make a profit, but higher costs for wholesale goods and dwindling inventory because of supply chain disruptions are forcing them to raise prices.

Motorists have admitted they are struggling with the cost of running a car with over half of people aged 25-34 now saying they don't earn enough as fuel prices rise.

Real terms regular pay fell by nearly two per cent in March alone

Conservative MPs to urge chancellor to tackle inflation with VAT cuts, energy bill support and improved benefits

Slovak Finance Minister Igor Matovic said on Tuesday he would propose a special tax on Russian crude processed in the country, clashing with a government coalition partner as he seeks to raise budget revenue for the state's anti-inflation measures.

Boosting workers' wages by 5 per cent – for all workers, not just those on the minimum wage — would lead to an increase in prices across the economy of about 2 per cent, according to a new report.