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The Latest Breaking News from Inflation

Producer prices shot up 6%, adding to pressure on companies to raise prices for customers

U.S. wholesale inflation came in hot last month

The Independent UK

Why the US Inflation Feels Worse Than 3.8%: The Growing Gap Between Official Data and Real Life Costs

US inflation hit 3.8%, but rising food and energy costs leave many Americans feeling a far greater cost-of-living squeeze.

International Business Times UK

Homeowners Blindsided: Home Values Jump Faster Than Inflation — 5 Ways to Keep Your Property Taxes Down

Homeowners across the United States keep opening their tax assessments with a mix of disbelief and frustration. Home values have climbed faster than inflation in many regions, and that surge often triggers higher property tax bills even when incomes stay flat. Local governments rely heavily on property taxes, so rising…

Clever Dude

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read the most diverse news in one place.

Owens Corning Q1 Earnings Call Highlights

Owens Corning (NYSE:OC) reported lower first-quarter revenue as weaker residential construction and repair-and-remodel demand continued to pressure volumes, but executives said the company’s reshaped building products portfolio is producing more durable margins through the cycle. The Toledo, Ohio-b

MarketBeat

Social Security Checks Are Getting Smaller for Some Retirees—And It’s Not a Benefit Cut

For millions of retirees, Social Security day is a little like payday with fewer surprises and a lot more budgeting. That’s why recent reports of smaller monthly checks sparked instant panic across kitchen tables and retirement communities nationwide. Many seniors assumed Washington quietly slashed benefits behind the scenes, but the…

The Free Financial Advisor

Worse Than the Truss Shock? Experts Warn UK Markets Are Entering Dangerous Territory

UK borrowing costs rise above 5%, sparking fears of fiscal strain amid inflation, political uncertainty, and global pressures that are fueling market instability.

International Business Times UK

Iran's economy is being tested by war, blockades and soaring inflation

Inflation has hit 54% and the rial has lost more than half its value, but Tehran insists it can hold out

Euronews

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Why are gold and silver prices down today, and will precious metals continue to fall or rise again? Gold falls after US inflation data reduces rate cut hopes

Why are gold and silver prices down today, and will precious metals continue to fall or rise again? Precious metals declined after strong US inflation data reduced hopes of interest rate cuts. A stronger US dollar also weighed on bullion demand. Investors are watching producer price data and a Trump-Xi…

The Economic Times

Which European economies are growing the fastest in 2026?

The eurozone has slowed sharply, expanding just 0.8% year-on-year in the first quarter of 2026. Yet three economies are growing several times faster than the bloc as a whole.

Euronews

Indian rupee hits record low as outflows, oil strain worsen rout

The energy shock from the prolonged U.S.-Iran war ‌that has effectively ⁠shut ⁠the Strait of Hormuz has hurt India's macroeconomic outlook and strained its current account balance. Economists have lowered their growth forecasts, raised inflation projections and warned of sustained pressure on the rupee.

The Economic Times

Stock Index Futures Gain as Tech Stocks Rebound, U.S. PPI Data and Trump-Xi Summit in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.

Barchart

CPI Report Shows Inflation Surge Spreading Beyond Energy: Food, Rent and Services Climbing Too

Energy costs remain a major driver of inflation, but the April report showed increases across housing, groceries, household goods, jewelry, footwear, and services as well.

International Business Times

What should you do with your gold investments as gold import duty increases to 15%?

Gold prices surged after the government raised gold import duty from 6% to 15%, impacting MCX, IBJA rates, ETFs, and jewellery retailer prices. Experts advise existing investors to hold gold as a hedge against inflation and global uncertainty, avoiding panic selling. New investors should opt for staggered buying instead of…

The Economic Times

Silver rate today: Silver prices surge across IBJA, MCX, MMTC-PAMP after import duty on white metal increased

Silver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver imports. Global geopolitical tensions and inflation worries also contributed to the price rise. Experts predict higher domestic prices and potential impact on consumer demand. The duty hike aims…

The Economic Times

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The Economic Times

Tax cuts collide with inflation as voters weigh Trump's economy in the midterms

Voters in North Carolina face a tough economic choice. While tax cuts aim to boost incomes, rising prices for rent, food, and fuel are a major concern. This financial tug-of-war is shaping how people view the upcoming midterm elections. Candidates Roy Cooper and Michael Whatley offer contrasting economic visions.

Axios

Trump shrugs off rising inflation as war deepens economic spiral

The bottom is falling out on Trump's signature issue.

International Business Times UK

'You're a Stupid Person': Trump's 'Grandpa' Meltdown With Female Reporters Goes Viral

President Trump clashed with female reporters over White House spending and inflation, sparking viral memes and criticism of his combative style.

The Economic Times

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil…

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The Economic Times

Bitcoin holds above $80K despite hot US inflation data, signalling strong buyer confidence

Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilient investor sentiment in the crypto market. While Ethereum and select altcoins traded lower, analysts highlighted improving on-chain activity, institutional inflows and active buyer support, even as macroeconomic uncertainty and interest rate concerns kept broader market sentiment cautious.

The Economic Times

Rising duties may cut India’s gold imports sharply: Mohammed Imran

India's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will cool demand, reduce imports, and push domestic gold prices higher, potentially impacting jewellery and ETF investments. Meanwhile, silver is poised to benefit from global supply deficits and disruptions.

The Economic Times

Fuel price pass-through needs monitoring as weather risks also posing pressure on inflation: BoB report

Rising fuel prices and weather uncertainties could push India's inflation higher in FY27, despite current low CPI levels. Bank of Baroda warns that global energy costs impacting food prices, coupled with domestic weather challenges like heatwaves and El Nino, necessitate close monitoring of food inflation. Core inflation remains stable, but…

MyLifeXP

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

The Economic Times

West Asia crisis yet to impact inflation, but fuel prices pass-through to shape outlook: Report

India's retail inflation remains stable despite global tensions. Future price trends will depend on fuel price pass-through and summer crop coverage. Imported inflation has slightly eased. Restaurants and accommodation saw price rises due to LPG shortages. Softening gold and silver prices helped ease personal care inflation. Retail inflation is under…

The Economic Times

Harvard University may limit number of A grades awarded to students

Harvard University faculty are voting on a proposal to limit A grades to 20% of students, aiming to curb grade inflation. This move, driven by concerns over declining academic standards and political attention, could influence other elite institutions. While supporters cite a devaluation of academic achievement, students strongly oppose the…

The Independent UK

Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockade

The struggles of Iran's economy are testing its ability to withstand the war and defy Washington’s demands

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