The Latest Breaking News from Inflation

By Martin Kotula

While much has been made of the effects rising costs and labour shortages are having on housing construction in Perth, the state budget lays bare the impact on the state's finances — and it's a billion-dollar problem.

Wall Street is currently witnessing relentless selling pressure on concerns over an aggressive monetary policy tightening to control the surging inflation. This has led to many quality stocks trading at attractive valuations. Fundamentally sound stocks United Microelectronics (UMC), Herbalife (HLF), Renault (RNLSY), Goodyear Tire & Rubber (GT), and Meritage Homes…

U.S. indices traded lower Thursday as stocks experienced continued volatility amid concerns over rising interest rates and inflation.

It could have started highlighting inflationary worry points in February

Treasury Secretary Janet Yellen, responding to the recent sharp decline in cryptocurrencies, says additional federal regulation is needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal

The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell’s high-stakes efforts to curb the highest inflation in four decades

PM refuses to be drawn on further action government could take

Wages have become the latest battleground in the election, with debate raging about how much extra workers can get paid without sending businesses broke and consumer prices soaring.