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The Latest Breaking News from Inflation

10 Things That Instantly Reveal You’re Not Ready for Retirement

Retirement is one of life’s biggest milestones, but many people approach it with a false sense of security. Having a 401(k) or Social Security benefits...

Saving Advice

Jerome Powell should resign, top economist Mohamed El-Erian says, citing a scandal Trump hasn't even mentioned

Remember the insider trading scandal at the Fed? El-Erian does, along with what he considers a series of missteps on inflation.

Fortune

Why Trump’s attacks on Jerome Powell are raising fears for the US economy

The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.

Al Jazeera

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Britons ‘turning to simpler meals’ as grocery bills head for £275 annual rise

Shoppers picking up supermarkets’ own-label ranges as grocery price inflation jumps to 5.2% in July

The Guardian - UK

Surging price of grocery shopping revealed amid cost of living crisis

Households are changing their shopping habits to save money on food

The Independent UK

Grocery inflation soars to 18-month high as pressure grows on UK shoppers

Grocery price inflation accelerated to 5.2% in the four weeks to July 13, according to market research firm Worldpanel by Numerator.

Evening Standard

Families face £275 a year jump in supermarket bills as grocery inflation surges

Hot weather and tax hikes on employers blamed for the higher checkout bills

Evening Standard

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Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.

Benzinga

Food prices rise worldwide due to climate extremes, according to new report

Food items including potatoes, onions, lettuce, cabbage, fruit and rice are hit by extreme weather that exceeded historical precedent, raising inflation and prices for consumers, a new report shows. The study is released ahead of an important United Nations food summit, to open on Sunday in Ethiopia.

Radio France Internationale

Obama-Era Economic Advisor Warns Ending Fed Independence Could Lead to 'Higher' Mortgage Rates: How High? — 'That Depends On...'

University of Michigan economist and former Obama White House advisor Betsey Stevenson issued a stark warning about the consequences of ending the Federal Reserve's independence.

Benzinga

These Everyday 8 Groceries Got Too Expensive—and Now No One’s Buying Them

There was a time when grabbing eggs, bread, or butter didn’t leave you doing a double take at the checkout line. But, inflation and supply chain disruptions have turned some basic items into shocking splurges. Many shoppers are now walking past once-staple products, leaving shelves fuller than usual. As prices…

Grocery Coupon Guide

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

Fortune

Trump's Base Stays Loyal, But Wider Support Slips Over Deportation and Inflation Woes: Poll

President Donald Trump continues to enjoy strong support from his core political base, particularly on immigration, but a new poll shows that approval for his deportation policies is slipping among the broader public.

Latin Times

A weak housing market could deliver rate cuts and rescue the Fed from Trump

Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs - Comerica Bank chief economist Bill Adams said.

Fortune

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Saving Advice

10 Things Every Financially Confident Person Still Worries About

Financial confidence doesn’t mean being free of worry. It means understanding your money well enough to anticipate and prepare for the challenges ahead. Even people...

GOBankingRates

Ramit Sethi: 7 Signs You’re More Financially Successful Than You Think

According to a Discover Personal Loans survey, 86% of respondents reported being at least occasionally concerned about their finances in 2025. Many felt that expenses and inflation got in the way of...

Barchart

Warren Buffett Warns Inflation is a ‘Gigantic Corporate Tapeworm’ That Consumes Investment Capital and Distorts Corporate Earnings

Warren Buffett’s 1981 shareholder letter warns of inflation’s corrosive effects on businesses and dividends, offering enduring lessons for investors and managers.

Barchart

Stocks Set to Open Higher as Investors Await U.S. Economic Data and Tech Earnings, Trade Talks in Focus

September S&P 500 E-Mini futures (ESU25) are up +0.27%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.28% this morning, pointing to a higher open on Wall Street, while investors await more news on trade talks, a fresh batch of U.S. economic data, and a slew of corporate earnings…

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Kiplinger

What Will the Fed Do at Its Next Meeting?

The Federal Reserve is expected to keep rates unchanged at the next Fed meeting.

Benzinga

US Stocks Likely To Open Higher Despite Trump Administration's 'Hard Deadline' Warning For Tariffs — Verizon, Domino's Pizza Earnings In Focus

U.S. stock futures were positive on Monday after ending mostly lower on Friday. Futures of major benchmark indices were higher.

The Fashion Central

UK Fears Immigration More Than Inflation or Healthcare

International Business Times

ECB Expected To Hold Rates As Trump Tariff Uncertainty Lingers

The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy.

The Guardian - UK

Rising food prices driven by climate crisis threaten world’s poorest, report finds

High cost of staples due to extreme weather could lead to more malnutrition, political upheaval and social unrest

Fortune

There's a 'scary' recession warning hidden in the too-good-to-be-true economic data, Wells Fargo says

"It never quite rang true that consumer spending was completely unfazed by the sudden implementation of tariffs," Wells Fargo said.

Saving Advice

9 Signs You’re Living a Financial Life Built on Outdated Ideas

The financial world is evolving faster than ever. Strategies that worked for your parents or grandparents may no longer apply in today’s economy. Rising inflation,...

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