The Latest Breaking News from Inflation

Asian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal Reserve interest rate cuts owing to worries Donald Trump could reignite inflation.

If higher prices are putting your savings goals on hold, you're in danger of financial erosion. Fortunately, several strategies can help stop the spread.

The dollar index (DXY00 ) Friday rose +0.06%. The dollar Friday recovered from early losses and posted modest gains on stronger-than-expected US economic news that included Oct retail sales and the Nov Empire manufacturing survey. Also, hawkish comments from Boston Fed President Collins boosted the dollar when she said a...

As federal MPs return to Canberra, Labor will spruik its contributions to the inflation fight following a US election influenced by economic conditions.

Medicare Part B Premiums will increase by 5.9% to $185 monthly, which will be deducted from Social Security checks starting January 2025.

A Deutsche Bank historical study of U.S. stocks found the first part of this century to be the second-worst period ever going back to 1800. Even more shocking is that gold easily outperformed the S&P 500 this century.

The dollar index (DXY00 ) today is up by +0.14%. The dollar today recovered from early losses and is moderately higher, just below Thursday’s 1-year high on Thursday. The dollar has risen in six consecutive sessions and extended the post-election rally on speculation that T-note yields will increase as inflation...

A 1.6% jump in sales at auto dealers drove much of the gain of consumer spending in October

U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy’s steady growth