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The Latest Breaking News from Inflation

UK food inflation: why your barbecue meat is becoming more expensive

As burger and sausage prices soar, Britons turn to chicken, but extra demand pushes up costs

The Guardian - UK

Trump says economic growth ‘shatters expectations’. Data says otherwise

Data doesn’t support repeated claims by the White House of an economic boom in the US under President Trump.

Al Jazeera

Everyone’s watching Jerome Powell as warnings flash for the U.S. economy

“The July jobs report goes a long way toward providing the evidence of a weaker labor market that the Fed needs to justify cutting interest rates in the face of above-target inflation,” said Brian Rose at UBS Global Wealth Management.

Fortune

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Stocks Settle Sharply Lower on Economic Risks

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -1.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.96%. September E-mini S&P futures (ESU25 ) fell -1.67%, and September E-mini Nasdaq futures (NQU25...

Barchart

8 Budget-Friendly Grocery Stores That Were Just Fined by Regulators

For millions of Americans trying to stretch their food budgets, low-cost grocery stores are a lifeline. With inflation driving prices up across the board, discount...

Saving Advice

Trump calls on Fed board to take control from Powell over interest rates

The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.

Al Jazeera

Are prices up or down? Parsing misleading claims by Trump and Democrats - Roll Call

The success or failure of Trump’s economic policies on prices, including his tariff policy, are yet to be determined.

Roll Call

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Trump’s tariff bullying: Why India must stand its ground

Donald Trump’s chaotic act continues. His latest move: slapping a 25 percent tariff and a penalty on Indian goods exports to the United States.It’s vintage Trump – unapologetic – designed to get the other side, in this case India, to surrender to his demands. He is like a kid in…

Newslaundry

I’m a Wealth Advisor: 4 Ways Trump’s Bill Is Reshaping My Clients’ Plans

Trump’s new tax bill brings major changes to estate taxes, SALT deductions and bonus depreciation. Here’s how one wealth advisor is helping clients adapt.

GOBankingRates

Jamie Dimon doubles down on backing Powell despite Trump criticism, saying an independent Fed means lower rates

"Independence keeps interest rates lower, if you actually look through the history of interest rates a little bit," Dimon says.

Fortune

Eurozone inflation holds at 2% as the euro slumps against the dollar

Eurozone inflation held steady at 2% in July, easing pressure on the ECB. The euro is on track for its worst week since 2022 amid trade tensions and strong US data.

Euronews

Financial Fact vs Fiction: Why Inflation Is Lower, But Prices Are Not

Do you think bonds protect you from stock losses? Are you confident your assets will go to your intended heirs if all you have is a will? Think again — and read on for other myths that could be leading you astray.

Kiplinger

Six tips to ensure a more financially secure 2026

Money experts reveal the things you should be doing for a better 2026

The Independent UK

Bitcoin, Ethereum, Dogecoin Slide As Hotter-Than-Expected Inflation Dims Rate Cut Hopes: Analyst Sees ETH Dip After $4,000 Peak

Leading cryptocurrencies fell alongside stocks on Thursday as a jump in consumer prices dampened hopes of interest rate cuts.

Benzinga

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Benzinga

Peter Schiff Slams Fed's Blind Spot: Jerome Powell 'Looking Through' Soaring Inflation While Policy Remains 'Far Too Loose'

Economist Peter Schiff is criticizing the Federal Reserve for its handling of inflation, arguing that the central bank is underestimating persistent price pressures.

Barchart

Stocks Erase Early Gains as Chip Makers and Big Pharma Retreat

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.55%. September E-mini S&P futures (ESU25 ) fell -0.43%, and September E-mini Nasdaq futures (NQU25...

The Independent UK

Fox News anchor caught off guard when confronted with Fox’s bad poll numbers for Trump on inflation

‘If I could point you to Fox’s own polling, Trump is negative 30 percent on pricing and inflation and is as unpopular as Joe Biden ever was,’ former Kamala Harris adviser Mike Nellis said on Thursday.

Barchart

Reduced Fed Rate Cut Expectations Bolster the Dollar

The dollar index (DXY00 ) on Thursday rose by +0.14% and posted a fresh 2-month high. The dollar found support from Thursday’s US economic news that showed a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...

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Benzinga

Meta, Microsoft Power Wall Street To New Records Despite Inflation Jump: What's Moving Markets Thursday?

A post-earnings surge in Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NYSE:MSFT) sent major tech-heavy indices to fresh record highs Thursday, capping a fourth consecutive month of gains for U.S. equities.

The Independent UK

FTSE 100 closes down after US inflation figures temper tech firms’ results

The index closed down 4.13 points at 9,132.81.

GOBankingRates

7 States Most at Risk If the US Enters a Stagflation Era

We consulted with financial experts to determine which states would be most severely impacted if the U.S. were to enter a stagflation era.

Barchart

Dollar Gains as US Economic Strength Dampens Fed Rate Cut Expectations

The dollar index (DXY00 ) today is up by +0.23% and posted a fresh 2-month high. The dollar is supported by today's US economic news that shows a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...

GOBankingRates

What Is the Estimated Median Income for the Upper-Middle Class in 2026?

So, what does the median income for the upper-middle class look like in 2025? Here's a look at the factors involved so you can see if you fit into this category.

Benzinga

Trump's Inflation Honeymoon Is Over—And Powell's Patience Pays Off

The inflation lull that helped President Donald Trump keep pressure on the Federal Reserve is over as June's data show the tariffs are finally hitting consumer prices—and Fed Chair Jerome Powell was wise to hold his ground.

The Independent UK

A key US inflation gauge rose last month as Trump's tariffs lifted goods prices

The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods

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