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The Latest Breaking News from Inflation

Medicare Premiums 2026: Projected IRMAA Brackets and Surcharges for Parts B and D

Will you have to pay the monthly Medicare premium surcharge next year? It depends on a few factors.

Kiplinger

How will your household costs be affected by conflict in the Middle East?

The price of oil rising impacts on fuel, transport, production and inflation

The Independent UK

Stocks Set for Muted Open as Investors Brace for Iran’s Response to U.S. Attack, PCE Inflation Data and Powell’s Testimony Awaited

September S&P 500 E-Mini futures (ESU25) are up +0.06%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.04% this morning, pointing to a muted open on Wall Street as investors await Tehran’s response after the U.S. struck Iran’s nuclear facilities.

Barchart

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7 Assets That Thrive During Inflation (And 3 That Tank)

Inflation has a way of making us all feel a little poorer. As groceries climb, gas prices spike, and everyday essentials take a bigger bite...

Saving Advice

Robotaxis, Powell and Other Key Things to Watch this Week

Markets enter the final week of June facing a complex landscape of geopolitical uncertainties, critical economic data, and a potential technological milestone. Here are 5 things to watch this week in the Market.

Barchart

From Paychecks to Payouts: How Social Security Works and What It Means for You

For many Americans, Social Security is seen as something far off—something that “older people” rely on, or a system that may not even be around...

Saving Advice

9 Services the Middle Class Has Quietly Stopped Paying For

The middle class has always been the backbone of the economy, but in recent years, shifting financial priorities and rising costs have forced many families to rethink their spending habits. As inflation bites and wages struggle to keep up, the middle class is quietly cutting back on certain services that…

Grocery Coupon Guide

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Small business owners aren’t jumping for joy about the US economy – but they still aren’t jumping ship

Small businesses are doing OK right now, even if there is a bit of concern about tariffs, inflation, labor shortages and higher costs

The Guardian - US

Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

Fortune

Economic policymaking needs to adapt to the climate emergency

Tackling inflation from companies raising prices during cost shocks requires more than adjusting interest rates

The Guardian - UK

Spotlight on inflation as state treasurers come clean

Monthly inflation data and state budget updates are set to dominate the economic agenda and shape the Reserve Bank's next cash rate call.

AAP

Future focus as inflation blare dims but change needed

Ahead of delivering his third budget, NSW Treasurer Daniel Mookhey says changes are required to ensure the state can "hold on to what we love".

AAP

Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market

“If you’re starting to worry about the downside risk to the labor market, move now, don’t wait,” Waller told CNBC.

Fortune

Obama Adviser Jason Furman on Biden, Neoliberalism, and Keynesian Economics

"I would love an intellectual ecosystem in economics that was more ideologically balanced than what we have now," the Harvard professor tells Reason.

Reason

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Barchart

Stocks Erase Early Gains on Weakness in Chip Makers

The S&P 500 Index ($SPX ) (SPY ) today is down -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.59%. September E-mini S&P futures (ESU25 ) are down -0.16%, and September E-mini Nasdaq futures...

Barchart

Stocks Recover on Mideast Hopes and Dovish Comments from Fed Governor Waller

The S&P 500 Index ($SPX ) (SPY ) today is up +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.82%. September E-mini S&P futures (ESU25 ) are up +0.52%, and September E-mini Nasdaq futures...

Evening Standard

Tube fares bombshell: Sadiq Khan told by ministers to hike fares above inflation until 2030

Exclusive: Transport Secretary tells mayor annual fare rises are expected until end of the decade in return for £2.2bn of Government support

Barchart

S&P Futures Slip as Israel-Iran Conflict Remains in Focus

June S&P 500 E-Mini futures (ESM25) are trending down -0.18% this morning as cash trading resumed after the Juneteenth holiday, with investors in wait-and-see mode after the White House signaled President Trump would delay a decision to launch strikes against Iran.

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Evening Standard

High street hit as retail sales slump in month after "awful April" bill hikes

Food stores saw a particularly big fall with volumes down by 5%

The Guardian - UK

Fear and shock in Iran: ‘I’m constantly afraid a missile might hit my home’

Anahita, a Tehran resident in her 30s, tells of fleeing the city, surging inflation and her hopes for regime change

International Business Times

Rice Prices Double In Japan As Inflation Accelerates

Rice prices doubled last month in Japan as core inflation accelerated, official data showed Friday, posing a threat to Prime Minister Shigeru Ishiba ahead of July elections.

The Guardian - UK

UK consumer confidence up but fragile amid tariff and Middle East concerns

Analysts say households are remaining cautious under ‘dark shadow of inflation’

The Independent UK

Consumer confidence up in June amid ‘dark shadow’ of inflation and war

GfK’s long-running Consumer Confidence Index rose two points but remains firmly in negative territory at minus 18.

Evening Standard

Fact check: AI-generated Israel-Iran posts and inflation confusion

Round-up of fact checks from the last week compiled by Full Fact.

The Independent UK

Voices: Don’t panic, chancellor – there’s still hope for interest rate cuts

COMMENT: Forget homeowners with tracker mortgages or those desperate for a better deal – the person who’s hurting the most from the Bank of England’s decision not to lower interest rates is Rachel Reeves, says James Moore

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