The Latest Breaking News from Inflation

President-elect Donald Trump has vowed to repeal the electric vehicle tax credits ushered in by the Inflation Reduction Act, but that move is surprisingly supported by his new buddy-advisor-campaign financier Elon Musk. But a new study from J.D. Power indicates that Tesla's sales really do stand to take a hit…

Declining inflation led to the lowest cost-of-living adjustment since 2020, with the 2025 COLA set to rise 2.5%.

US shoppers are out in force for "Black Friday," but inflation nerves have left them jittery, analysts say, prompting retailers in the world's biggest economy to come up with ever more deals.

When US voters re-elected former president Donald Trump, the result appeared to contradict the theory that democratic electorates punish governments for failure and reward them for success.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.70%. Stocks today are moderately higher, with the S&P 500 posting a new all-time high....

Increase comes as ministers say they will review alternate funding models for the licence fee

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. Stocks today are posting moderate gains, boosted by a decline in bond yields. Today,...

The household payment, which funds much of the BBC’s operations, had been frozen at £159 until this year.

The household payment, which funds much of the BBC’s operations, had been frozen at £159 until this year.