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The Latest Breaking News from Inflation

More than 8 million New Yorkers will get inflation refund checks, says governor

Kathy Hochul announces ‘first-ever’ plans to distribute $2bn, as well as plans for free meals for 2.7 million students

The Guardian - US

2026 HSA Contribution Limits Are Set: What to Know Now

The IRS says Health Savings Account contribution limits will increase again next year due to inflation.

Kiplinger

Bank to delay rates announcement due to VE Day two-minute silence

Britain’s central bank said it will publish the decision at 12.02pm rather than the usual time of noon.

Evening Standard

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The Fed will likely keep interest rates on hold today, so markets will be watching for Trump’s reaction

If markets are hoping for some hints from Jerome Powell, the Fed chairman might disappoint.

Fortune

Eurozone recovery stalls as services lose momentum despite manufacturing uptick

Eurozone growth barely advanced in April as services stagnated despite a manufacturing rebound. Cooling inflation boosts hopes for an ECB rate cut, but weak demand and falling confidence cloud the outlook.

Euronews

Market turmoil could stoke inflation: Future Fund

The Future Fund has outperformed the broader market and its own target but its managers warn market uncertainty could lift bond yields and reignite inflation.

AAP

Powell won’t cut interest rates on Wednesday, Wharton’s Jeremy Siegel says. He suspects attacks on the Fed chair will escalate

“Powell is not going to do anything,” Siegel said in an interview. “Trump, I think, is going to step up the escalation,” he said later.

Fortune

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The Best Energy Stocks to Buy as Oil Prices Spike

Energy stocks can expose investors to volatile oil and gas prices. Here's how to find the best energy stocks to buy now.

Kiplinger

Trump says Biden caused the economic downturn. That’s malarkey

The US president is blaming ‘Biden’s economy’. In fact, there is one key cause of the poor showing – and it’s not his predecessor

The Guardian - US

Bank of England poised to cut rates as fears grow over impact of Trump tariffs

Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go further

The Guardian - UK

Will the Federal Reserve ignore Trump and keep rates stable this week?

While the US Federal Reserve is still under significant pressure from the Trump administration to slash interest rates, some experts believe that rate cuts may not come for another few months at least.

Euronews

FOMC, Earnings and Other Key Things to Watch this Week

The stock market rally powered higher last week, with the S&P 500 and Nasdaq composite moving above their 50-day moving averages, buoyed by strong earnings from Microsoft and Meta Platforms. Here are five things to watch this week in the Market.

Barchart

Bank of England set to cut interest rates as US tariff impact in focus

Most economists are expecting rates to be reduced by 0.25 percentage points on Thursday.

Evening Standard

Big Agnes Rapide SL Insulated sleeping pad review: a deep dish of a camping mat that's astonishingly comfortable, warm and packable

The updated Rapide SL oozes comfort and versatility across the seasons

Advnture

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Euronews

Should you be planning your retirement with the 30:30:30:10 rule?

This pension planning rule could help you to save enough regularly for future needs and retirement goals, especially in a rapidly changing tax and legal environment.

International Business Times

US Fed Expected To Pause Cuts Again And Wait For Clarity On Tariffs

The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy.

Kiplinger

Eight Ways Retirees Can Have Fun Despite Rising Prices

Higher prices are a bummer for everyone, but if you're a retiree or on a fixed income, how do you still have a good time without breaking the bank?

International Business Times

Inflation, Hotel Prices Curtail Japanese 'Golden Week' Travels

Japan's annual "Golden Week" holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring by record inbound tourism have left domestic travellers less eager to pack their bags.

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Roll Call

Defense budget increase hinges on reconciliation success - Roll Call

The White House made official Friday that President Donald Trump wants the first ever $1 trillion defense budget.

The Independent UK

Four major issues that will dictate Australia’s election on Saturday

The election campaign has been dominated by the soaring cost of living, the economy, energy and China

International Business Times

Eurozone Inflation Holds Above Expectations In April

Inflation in the eurozone remained unchanged in April, staying higher than analysts expected, official data showed on Friday, but was unlikely to sway the European Central Bank from its interest rate-cutting cycle.

Euronews

Eurozone inflation tops expectations: ECB rate cuts in jeopardy?

Eurozone inflation surged more than expected in April, as the impact of trade tariffs began to reverberate through the consumer basket, posing a fresh challenge for the ECB.

The Conversation

Whether GDP swings up or down, there are limits to what it says about the economy and your place in it

The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of goods and services grows or shrinks. Together with…

The Independent UK

Asian shares rise in subdued holiday trading, as US futures jump

Asian shares have advanced, with many markets in the region closed for holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains

The Conversation

Major YouGov poll has Labor easily winning a majority of seats in election

A YouGov MRP poll has Labor clearly winning a majority of seats in the federal election – 84 of the 150 seats in the House of Representatives.

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People

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