US consumer inflation accelerates; weekly jobless claims approach four-year high

U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal ... Read More

Inflation Rises to 2.9%, Making Fed Rate Cut Likely-5 Key Takeaways

Inflation ticked up in August in a troubling sign for consumers, but not enough to prevent a Federal Reserve rate cut next week. Read More

Inflation spiked in August as Trump’s tariffs went into full effect ... and that’s not all the bad news for economy

Inflation spiked in August as Trump’s tariffs went into full effect ... and that’s not all the bad news for economy - Increases in the costs of food, shelter and energy caused inflation to spike and i ... Read More

Consumers Faced Higher Inflation in August as Housing, Groceries Spike

In particular, prices for housing increased 0.4% in August, while the cost of groceries went up by 0.6%. The increase in prices of necessities means consumers will continue to be squeezed as the pace ... Read More

Inflation And Unemployment Are Soaring–And The Fed Is Now Trapped

U.S. inflation accelerated in August while jobless claims hit a four-year high, leaving the Federal Reserve trapped. Read More

Trump faces same economic challenges that cost Harris her White House bid

President Donald Trump faces a similar economic environment to the one that cost Kamala Harris the White House. Read More

Will MA retirees get a 2026 Social Security boost as tariff-driven inflation fears grow?

Social Security beneficiaries would welcome extra money in the bank from a COLA hike. But some might only be looking at $50 a month or less extra. Read More

Australia's Inflation Tops Forecasts as Electricity Prices Surge

SYDNEY (Reuters) -Australian consumer prices jumped by far more than forecast in July as electricity costs spiked due to the timing of government rebates, while core inflation also jumped in a blow to ... Read More

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 - here's why. Meanwhile, food price inflation rose to 4.9% driven by higher prices ... Read More