The Latest Breaking News from Inflation

Millions of UK households are facing what’s been dubbed “awful April” after rising council tax, water bills and broadband costs coincided with the new tax year. It could all start to hurt quite quickly. And it has led many people to ponder whether they’re genuinely worse off than previous generations…

The U.S. economy is navigating a complex landscape. Inflation continues its gradual descent toward the Federal Reserve’s 2% target, while the labor market shows signs of cooling yet remains relatively resilient.

Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund

Expectations of rising unemployment hit the highest level since 2009.

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.89%. June E-mini S&P futures (ESM25 ) are up +1.84%, and June E-mini Nasdaq futures...

It was another day with a week's worth of both news and price action, but it ended on a strongly positive note.

The dollar index (DXY00 ) Friday fell by -0.80% and posted a 3-year low. The dollar retreated Friday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. On Friday, China raised tariffs on all US goods to 125% from 84%...

The metal is a traditional safe haven in an uncertain economy, experts say

Policymakers at the US Federal Reserve on Friday warned of higher inflation and slower growth ahead due to Donald Trump's tariff policy, which has sent shock waves through global markets.