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The Latest Breaking News from Inflation

US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire

The S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inflation rising to a three-year high and weaker GDP revision. AI and tech stocks led gains, with Microsoft, Snowflake, Eli Lilly and Marvell among top movers today.

The Economic Times

Dollar Slides on Weak US Economic News and US-Iran Peace Hopes

The dollar index (DXY00 ) on Thursday fell from a 7-week high and finished down -0.18%. The dollar gave up early gains and turned lower today on weaker-than-expected US economic news that is dovish for Fed policy. Weekly jobless claims rose more than expected, Apr capital goods new orders nondefense...

Barchart

The ‘Final Wave’ Deposit: Why Millions of Seniors Are Receiving Their Last May Social Security Check This Wednesday

For millions of retirees, this Wednesday marks the final Social Security payment date for May, and many seniors are already checking bank accounts and Direct...

Saving Advice

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Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold rebounds after Iran-US ceasefire extension talks

Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold and silver prices moved higher after the US dollar and oil prices weakened following reports about a ceasefire extension understanding between the United States and Iran. Gold rebounded from a two-month…

The Economic Times

6 Reasons Retirement Accounts Are Lasting Less Time Than Expected for Some Seniors

For years, many retirees believed that careful saving and following traditional retirement advice would be enough to make their money last comfortably through retirement. Unfortunately,...

Saving Advice

Family Dollar has closed hundreds of stores in recent months as inflation continues to squeeze customers’ budgets

In July, Dollar Tree sold Family Dollar for about $1 billion to Brigade Capital and Macellum Capital

The Independent UK

US inflation rose at fastest pace in three years in April as Iran war hikes up prices

Americans are growing frustrated with Trump’s handling of the economy as cost of living soars ahead of midterms

The Guardian - US

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Stocks Rebound Amid News of a US-Iran Deal

The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.62%. June E-mini S&P futures (ESM26 ) are up +0.33%, and June E-mini Nasdaq futures...

Barchart

U.S. GDP Revised Downward To 1.6%, Commerce Department Says

The U.S.'s GDP growth was reviewed downwards to 1.6% from 2% initially reported.

International Business Times

Wall Street advances as US and Iran eye truce extension

US stocks have closed higher as investors digested inflation data and monitored developments in Iran.

AAP

Dollar Erases Early Gains on Disappointing US Economic News

The dollar index (DXY00 ) today fell from a 7-week high and is down -0.13%. The dollar gave up an early advance and turned lower today on weaker-than-expected US economic news that is dovish for Fed policy. Weekly jobless claims rose more than expected, Apr capital goods new orders nondefense...

Barchart

Medicare Alert: Why Your Next Statement May Show a Different Part B Deduction

A lot of retirees glance at their Social Security statement every month without expecting surprises. Then suddenly, the Medicare Part B deduction changes, and panic sets in before breakfast even finishes brewing. One small number can spark huge questions about healthcare costs, inflation, and whether a mistake slipped into the…

Everybody Loves Your Money

Stocks Pressured as Oil Prices Climb on US-Iran Clashes

The S&P 500 Index ($SPX ) (SPY ) today is down -0.14%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.34%. June E-mini S&P futures (ESM26 ) are down -0.17%, and June E-mini Nasdaq futures...

Barchart

ECB says holding rates in April was a 'close call'

The European Central Bank keeping rates on hold in April was a "close call", minutes released Thursday said, the latest sign that the bank is preparing to raise the cost of borrowing. Adding to evidence of a hawkish shift in ECB communications, Thursday's minutes said keeping rates where they were…

The Economic Times

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The Conversation

It’s not just high gas prices – inflation is now spreading through the US economy

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores why policymakers are worried these…

AAP

Key inflation gauge worsens as Americans' income and spending power erodes

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans' finances

The Economic Times

US inflation hits three-year high in April as Iran war fuels energy price surge

America's inflation rate has reached a three-year peak. Higher energy costs are a major factor. This situation is expected to keep interest rates unchanged for some time. Tax refunds are temporarily boosting spending. However, economists anticipate a slowdown as the tax season concludes. Consumers are facing rising prices across various…

AAP

Key inflation gauge worsens, eroding Americans' income and spending power

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans' finances

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news in one place.

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The Guardian - UK

Ministers in talks over shelving carbon tax on fertiliser to curb UK food inflation

Ministers in talks with farmers about package of measures, including pause on duty due to come into effect next year

AAP

Key inflaton gauge worsens as Americans shell out more for gasoline

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans' finances

The Economic Times

Gold falls below Rs 1.54 lakh/10 grams, silver drops by Rs 4,600/kg as fresh US-Iran strikes raise worries

Gold and silver prices on MCX plunged as US-Iran strikes boosted the dollar and oil, triggering inflation fears. Both metals hit multi-month lows as heightened geopolitical uncertainty and expectations of higher interest rates drove investors toward the dollar.

The Economic Times

West Asia conflict may slow India’s growth, push up Inflation: SBI Chairman

State Bank of India Chairman Challa Sreenivasulu Setty warns the West Asia conflict may slow global growth and increase inflation. India remains resilient due to strong domestic demand and public investment. However, spillover effects could impact India's GDP growth and inflation in FY2027. Policymakers and financial institutions must remain agile…

The Economic Times

RBI must let rupee depreciate; use liquidity tools, not rate hikes, to curtail inflation: Duvvuri Subbarao

Former RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested using liquidity measures instead of rate hikes if inflation risks rise. Subbarao has emphasised that monetary policy should be a last resort for exchange rate defence.

GOBankingRates

5 Walmart Groceries Retirees Need To Buy Before Prices Spike in Summer 2026

Tariffs, inflation and seasonal demand can increase grocery prices. For retirees on a fixed income, picking up a few basics now at Walmart could help stretch the budget later.

Barchart

Stocks Slip Before the Open as U.S.-Iran Flare-Up Lifts Oil and Bond Yields, PCE Inflation Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.54% this morning, pointing to a lower open on Wall Street as oil prices and bond yields rose after fresh attacks in the Middle East cast doubt on whether an end to…

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