The Latest Breaking News from Inflation

Senate Passes $740 Billion 'Inflation Reduction Act' That Will Probably Make Inflation Worse

Plus: Inside Trump's family separation policy, a Grammarly for government, and more...

Reason · Aug 8, 2022

Will the Democrats’ Inflation Reduction Act bring prices down? What the experts say

WASHINGTON — President Joe Biden and congressional Democrats are touting the “Inflation Reduction Act” as their big election year triumph, a major way of getting soaring prices to come down.

McClatchy Washington Bureau · Aug 8, 2022

Elon Musk Dares Twitter's Parag Agrawal, Climate Bill Scrapes Through, Fed Official Steps Up Hawkish Rhetoric And More: 5 Key Stories You May Have Missed From This Weekend

The weekend that went past had its fair share of action, with Washington lawmakers keeping companies and investors on tenterhooks regarding the Senate clearance of the climate bill before finally approving it. With earnings still on the radar and key inflation data due in the unfolding week, here's a recap…

Benzinga · Aug 8, 2022

Liz Truss ally in car crash interview as he refuses 9 times to back cost-of-living handouts

The cost-of-living crisis is set to get worse with inflation currently at 9.4 per cent and expected to peak at 13 per cent.

Daily Record · Aug 8, 2022

Voters want government to get inflation under control before cutting tax, poll reveals

Results cast unfavourable shadow over plans of leadership contest frontrunner Liz Truss

The Independent UK · Aug 8, 2022

First Thing: Senate passes $739bn healthcare and climate bill

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory. Plus, meet Casper the ghostly octopus

The Guardian - UK · Aug 8, 2022

Sunak says Truss’s cost of living plan is ‘big bung’ to wealthy and large firms

Favouring tax cuts above support payments will leave those most in need out in cold, says ex-chancellor

The Guardian - UK · Aug 8, 2022

Democrats celebrate after sweeping US climate change bill passes Senate

If signed into law, the bill will allocate $369bn to schemes tackling climate change

Evening Standard · Aug 8, 2022

Senate delivers a major boost to Biden's agenda

In a statement after the Senate passed the roughly $700 billion bill, the president said "doing the important thing almost always" requires compromises.

WEKU · Aug 8, 2022

Poll: Black, Native American and Latino families face serious problems from inflation

Those households are struggling to stay afloat, according to a new poll from NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health.

WEKU · Aug 8, 2022