The Latest Breaking News from Inflation

Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year

Inflation is coming down, but Keir Starmer will need to improve public services when there is a lack of ready cash

Stubbornly high inflation, a squeeze on incomes and weak economic growth. The UK’s financial situation during 2023 does not exactly sound like the ideal conditions for motorsport to thrive. And yet, there have been encouraging signs of resilience in the club racing world, with some impressive entries over the past…

Despite job growth, low unemployment and record spending, Americans are in a sour mood about the economy — and that could spell trouble for President Biden's reelection chances.

Two years on from the first in the Bank’s run of rate hikes, how have they changed the shape of Britons’ finances?

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. Stocks on Friday settled moderately higher, with the S&P...

The solid hiring revealed in Friday’s jobs report for November, along with a raft of other recent economic data, is boosting hopes that the U.S. economy will achieve a “soft landing” next year rather than a widely feared recession

The latest numbers show a strong picture for the U.S. economy. Yet many Americans have a pessimistic view. Here's how an adviser to Joe Biden says they're addressing that.

“The recession that seemed so inevitable at the end of 2022 still hasn’t arrived and may not come anytime soon,” said Chris Zaccarelli, chief investment officer of the Independent Advisor Alliance.