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The Latest Breaking News from Inflation

Asian shares mostly advance after Wall Street cruises to more records

Asian shares are mostly higher after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies

The Independent UK

Only a quarter of Americans say Trump’s policies have helped them, new poll finds

A majority of Americans believe Trump has fallen short on key issues such as the economy and immigration

The Independent UK

What's the deal with Lex Luthor's pocket universe in James Gunn's 'Superman'?

Superman is full of awesome sci-fi elements, but the most fascinating one might be Lex Luthor's pocket dimension. How does that even work?

Space

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S&P 500 and Nasdaq 100 Rally to Record Highs on a Resilient US Economy

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.74%. September E-mini S&P futures (ESU25 ) rose +0.59%, and September E-mini Nasdaq futures (NQU25...

Barchart

Trump's tariffs are turning into a 'mosaic' that will be 'idiosyncratic,' Morgan Stanley says, projecting a $2.7 trillion haul over 10 years

The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.

Fortune

My tears for the 17,000 Palestinian children killed in Gaza

Brief letters: A moving leader | Unsurprised by inflation rise | Vegan staycations | Beard tax

The Guardian - UK

Americans No Longer Trust Trump To Handle Inflation

The president has spent six months promising to make everything more expensive, and polls show that Americans have noticed.

Reason

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The safety net companies put in place for themselves to stave off higher prices induced by tariffs is fraying

Companies stockpiled inventory before the tariffs. Now economists wonder when those reserves will be depleted.

Fortune

Why Your Summer Budget Feels Tighter: Tariffs Push Up Inflation

Your summer holiday just got more expensive, and tariffs are partially to blame, economists say.

Kiplinger

Beige Book Flags Growing Pessimism As Tariffs And Labor Shortages Squeeze US Economy

The Federal Reserve's latest Beige Book shows modest growth but rising concerns over tariffs and immigrant labor shortages, clouding the economic outlook.

International Business Times

Do You Live in One of the 6 States Where Grocery Prices Are Falling Fast?

After years of relentless food inflation, consumers across the country are desperate for relief. While national grocery prices in mid-2025 continue to climb at a moderate pace, a handful of states are bucking the trend, experiencing significant price drops in key food categories. This welcome downturn often results from a…

Grocery Coupon Guide

The London Henrys* struggling on £100k a year (yes, really)

*That’s High Earners, Not Rich Yet. Caught in a tax trap and pummelled by inflation, they’re feeling the pinch

Evening Standard

Rise in unemployment shows UK jobs market is cooling, but it is not collapsing

Despite latest poor data wage growth remains resilient, and there are ‘signs of confidence returning’

The Guardian - UK

Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell

World shares are mostly higher while U.S. futures are mixed after President Donald Trump rocked Wall Street by saying he had “talked about the concept of firing” the head of the Federal Reserve

The Independent UK

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Euronews

Trump considered firing Fed Chair but said he is 'highly unlikely' to do so

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”.

Evening Standard

OPINION - Inflation nation: why are food prices rising again? ...The Standard podcast

Listen here on your chosen podcast platform.

GOBankingRates

4 Changes You Should Make to Your Spending Under the Trump Administration

Facing inflation, tax shifts and economic uncertainty under Trump? Discover 4 expert-backed spending changes to protect your finances and plan ahead.

Barchart

Stocks End Higher Despite Uncertainty About Possible Powell Firing

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.12%. September E-mini S&P futures (ESU25 ) rose +0.33%, and September E-mini Nasdaq futures...

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Evening Standard

London stocks slip after reports that Trump will fire Federal Reserve boss

The FTSE 100 index closed down 11.77 points, 0.1%, at 8,926.55.

International Business Times

Argentina Under Milei: A Tale Of Two Economies

In Javier Milei's Argentina, falling inflation has stimulated a boom in car and real estate sales and foreign-bound planes take off laden with tourists.

Grocery Coupon Guide

The Real Reason New Yorkers Are Ditching Name-Brand Groceries This Summer

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…

Newslaundry

Why a 2.1 percent inflation doesn’t feel low

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.

Barchart

Stocks Pressured by Chip-Stock Sell-off and Increased Talk about Powell Firing

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...

Benzinga

ETF Playbook For Bank Earnings: Big Bets On Goldman, Morgan Stanley, BofA

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.

Reason

Inflation Rises, Tariffs to Blame

Plus: Zohran Mamdani's brilliant plan, Google monopoly claims fall flat, and more...

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