News

Fed’s Goolsbee Says He Hopes Dangerous Inflation Data Was a Blip

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...

Wages aren't keeping up with inflation, with some jobs falling further behind than others

Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many ...

Powell stresses Fed won't let inflation loose

While opening the door for a September interest rate cut, Fed Chair Jerome Powell stressed the central bank would not let ...

The US housing market's historic slump could send inflation plummeting in the coming year

The economy could soon see a big drop in shelter prices that slashes the current inflation rate by more than half, Rosenberg ...

Rates Spark: Inflation Blinkers On

Fed minutes from the July 30 meeting don't in general sound like they are setting us up for a rate cut. Market yields were up ...

New Yorkers Given Update On $400 Inflation Rebate Checks

Governor Kathy Hochul has said New Yorkers will receive inflation rebate checks of up to $400 this fall despite proposed federal budget cuts that reduced aid to the state.

UK inflation rises by more than expected to 3.8%, largely driven by air fares

This increase was mainly driven by soaring air fares - which jumped by 30.2% - driven by higher school holiday prices - ...

Why inflation has risen above expectations – and what it means for you

Ben Plowden, chief executive of lobby group Campaign for Better Transport, said: “Today’s inflation figure could mean a big ...

UK inflation rises to highest since early 2024 at 3.8%

British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6%, official data showed on Wednesday ...

Businesses and attendees alike feeling the pinch of inflation at this year's Minnesota State Fair

While the first day of the Great Get-Together brought in big bucks for vendors, some families say the price of participation ...