The Latest Breaking News from Inflation

President Donald Trump rocked Wall Street temporarily by saying he had “talked about the concept of firing” the head of the Federal Reserve, but was unlikely to do so, ”unless he has to leave for fraud”.

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This summer, grocery carts across NYC are brimming with private label groceries—and for good reason. With food inflation showing no signs of relief, New Yorkers are finding serious value in store-branded alternatives. Not only are they cheaper, but quality has also improved dramatically, making them an attractive option for budget-conscious…

In June 2025, consumer price inflation – or retail inflation as it is more commonly referred to as – was at a 77-month low of 2.1 percent. The last time retail inflation was lower than 2.1 percent was in January 2019, when it had stood at 2 percent.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. September E-mini S&P futures (ESU25 ) are down -0.03%, and September E-mini Nasdaq futures...

While the market absorbs a mixed bag of inflation reports and Fed projections, focus is shifting back to earnings, beginning with the largest banks. Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC) reported on Wednesday and their figures have the financial sector cheering.

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Families continue to struggle to put food on the table as rising food and energy costs push inflation to 3.6%.

U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher