The Latest Breaking News from Inflation

Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June

Retirement should be a time to enjoy the fruits of your labor. However, for many, managing a fixed income can be a significant source of stress. Healthcare often becomes one of the largest and most unpredictable expenses. Specifically, prescription drug costs pose a particular challenge. Fortunately, recent legislative updates are…

Job vacancies fell by 44,000 over the three months to July

Asian markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.

Asian shares are mostly higher after President Donald Trump delayed raising tariffs on China for another 90 days

The Reserve Bank of Australia lowered the official interest rate by 25 basis points to 3.60% at its meeting today, marking the third cut this year. The move follows reductions in February and May, and comes after a pause in July that surprised analysts and upset mortgage holders.

Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling

The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the “Greed” zone on Monday.

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, appliances, and toys, which could make it harder for the Federal Reserve to cut short-term interest rates as President Donald Trump has demanded