The Latest Breaking News from Inflation

Treasury Secretary Scott Bessent blamed the current state of the economy on Federal Reserve policies and attributed high inflation to high government spending during the COVID era, which the Trump Administration is cutting.

President Donald Trump has aggressively defended his economic record, pointing to a surging stock market to counter concerns that inflation and high grocery prices are hurting everyday Americans.

The cost of keeping the lights on is becoming a painful financial burden for many Americans as electricity costs are rising faster than inflation. 

The local bourse has edged higher on the eve of the Reserve Bank's Melbourne Cup Day meeting, settling after reduced rate-cut hopes weighed on sentiment.

The central bank is being urged to take a series of actions to better respond to environmental risks.

Democrats now enjoy their biggest lead on healthcare since the first Obama presidency — as they hold the GOP’s feet to the fire over Obamacare subsidies

After years of escalating tariffs and tense negotiations, the United States and China have reached a new trade agreement that could reshape the economic landscape...

The Trump economy is marked by tax cuts, tariffs and shifting Federal Reserve interest-rate policy. Inflation stood at 2.9% in August 2025.

Across the United States, a quiet shift is underway in how cities raise revenue. Local governments, facing budget shortfalls and post-pandemic inflation pressures, are introducing new taxes aimed at specific demographics — particularly high-earning couples. These municipal tax strategies are often framed as fairness initiatives but can have far-reaching implications…

The Fed cut interest rates for the first time in 2025. ChatGPT explains how lower rates may impact inflation, housing, jobs and the stock market.

As the week comes to a close, here’s a quick recap of the top stories that dominated the headlines, from the world of politics to the economy and the stock market.