The Latest Breaking News from Inflation

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.53%. September E-mini S&P futures (ESU25 ) are up +1.11%, and September E-mini Nasdaq futures...

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that the central bank continues to monitor the threat of inflation.

Talk to anyone today, and they will probably have something to say about how expensive life has become. While the rate of inflation has slowed, prices for many goods and services are still much higher than pre-pandemic.

Fed Chair Jerome Powell told Congress he expects an inflation surge—but how long and how high is unknown.

Expectations are growing interest rates will be cut again soon as the Reserve Bank's preferred measure of inflation falls to its lowest level in years.

The FTSE 100 index closed up just 0.95 points at 8,758.99.

Federal Reserve Chair Jerome Powell told Congress Tuesday that while inflation has cooled from its 2022 peak, it remains “somewhat elevated,” and the central bank is not ready to adjust interest rates, yet.

Jerome Powell says central bank is waiting to see tariffs’ impact on US prices as president claims ‘incompetence’

US Federal Reserve Chair Jerome Powell will tell Congress Tuesday that the central bank can afford to wait for the impact of tariffs before deciding on further interest rate cuts -- despite President Donald Trump's calls to do so.

U.S. charitable giving increased 3.3% to US$593 billion in 2024, lifted by the strength of the economy.

Charities received $592.5 billion in donations in 2024, a 3.3% increase over 2023, after adjusting for inflation, according to the most recent ”Giving USA″ report, which takes a comprehensive look at U.S. philanthropy