The Latest Breaking News from Inflation

Learn how the IRS collected over IRS Collects Over Top News Billion In Past-Due Taxes From Millionaires billion in overdue taxes from millionaires and modernized taxpayer services through the Inflation Reduction Act.

September S&P 500 E-Mini futures (ESU24) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.10% this morning as market participants refrained from making any big bets ahead of a crucial U.S. inflation reading that could solidify expectations for Federal Reserve interest rate cuts later this year.

Gold prices in 2024 have risen strongly backed a robust demand, driven by rising speculation of potential rate cut by the Fed, central bank buying, and inflation. Thus, investors could consider buying quality gold stocks Agnico Eagle Mines (AEM), Barrick Gold (GOLD), and Kinross Gold (KGC) poised for significant upside.…

Federal Reserve Chair Powell discusses Fed's dual mandate, potential rate cuts, and bank capital requirements.

Residential construction costs have finally stabilised after a prolonged period of strong price growth put pressure on the industry.

Mortgage rates won’t be going back down to the historical lows seen throughout the pandemic, the National Association of Realtors’ chief economist said.

Inflation hasn't stopped stretching budgets.

Federal Reserve Chair Jerome Powell reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon

Huw Pill says he is uncomfortable with persistence of inflation