The Latest Breaking News from Inflation

Number crunching shows mixed picture despite Chancellor's claims

Oil extended losses Thursday after OPEC announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while equities struggled after two US reports dented recent euphoria over the future of interest rates.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.43%. Stocks on Wednesday finished higher, with the S&P 500...

The dollar index (DXY00 ) on Wednesday rose by +0.34%. Stronger-than-expected U.S. economic news Wednesday on weekly jobless claims and University of Michigan U.S. Nov consumer sentiment and inflation expectations supported moderate gains in the dollar. Also, higher T-note yields on Wednesday strengthened the dollar’s interest rate differentials. U.S. economic...

With an eye on next year’s election, Chancellor Jeremy Hunt began easing the tax burden but it will still hit a record high.

Universal Credit and other benefits will increase by 6.7% next year in line with September’s inflation figure, Jeremy Hunt said.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.56%. Stocks this morning are moderately higher, with the S&P...

With inflation cooling and interest rates expected to ease, the stock market could see tailwinds next year - so let's take a look at 3 tech stocks analysts think you should own for 2024.

Watchdog says GDP will only advance by 0.7% next year compared with its previous projection of 1.8%