The Latest Breaking News from Inflation

With the inflation rate leaning toward 3% right now, many people are feeling the sting. Here's why even that small inflation amount hurts your savings.

UK leading supermarket chains have urged Chancellor Rachel Reeves to scrap a planned business rates surtax, warning it would drive up food prices and hit household budgets.

U.S. Treasury Secretary Scott Bessent defended the Trump administration’s handling of inflation and the affordability crisis, which he said was inherited from the previous administration led by President Joe Biden.

In a move set to affect nearly 71 million Social Security beneficiaries, benefits are slated to increase by 2.8% in January 2026. Additionally, almost 7.5 million Supplemental Security Income recipients will see a rise in benefits from December 31.

This week brings an extraordinary convergence of market-moving events: Wednesday's virtually certain Fed rate cut and a blockbuster earnings lineup featuring all five mega-cap tech giants

Households would ‘inevitably feel the impact’ of a surtax on business rates, say retailers in letter to chancellor

I asked ChatGPT to do a little digging into which items even those with more money to spend are ditching due to inflation. Here's what it said.

The thought of prices skyrocketing overnight and money losing value is enough to make anyone uneasy. While hyperinflation is rare in stable economies, economic shocks, debt crises, or political instability can make it a genuine concern. The best defense isn’t panic—it’s preparation. By taking a few proactive measures, you can…

Inflation in the US climbs to 3%, driving up grocery bills, rents and eroding savings amid renewed cost-of-living pressure.