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The Latest Breaking News from Inflation

The Hormuz hike: why the RBA is predicted to deliver a third straight interest rate rise this week

While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation

The Guardian - AU

Young Americans have soured on Trump

The president’s approval rating with those under 30 has plummeted as he has failed to deliver on promise after promise

The Guardian - US

Retirement Budget Drift: 4 Small Upgrades That Quietly Add $500-Plus a Month to Your Spending

Financial experts explain retirement budget drift -- dining out, subscriptions and convenience upgrades that slowly push retirees’ monthly spending higher.

GOBankingRates

From analysis to the latest developments in health,
read the most diverse news in one place.

Fed whisperer splits on Powell: A+ as steward, but ‘I don't think you could give him high marks on the economy’

"I think they made a lot of mistakes under his leadership, on the economics and the monetary policy."

Fortune

Charting the global economy: ECB is leaning toward rate hikes

Economic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencing these decisions.

The Economic Times

Close call tipped as Reserve Bank mulls third rate hike

Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.

AAP

Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook

"In a 'Fiscal Dominance' regime, the Fed's ability to aggressively hike rates to curb inflation is constrained, as doing so risks a fiscal or financial crisis."

Fortune

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$100 Oil Shock: 3 Ways This Week’s Price Spike Could Hit Your Retirement Budget Fast

If you’ve noticed gas prices climbing again, you’re not imagining it, and it’s not just about what you pay at the pump. Recent global tensions...

Saving Advice

The American household just took an 81% margin cut. Wall Street hasn’t priced it in

The economy is treating the oil shock like a temporary inflation problem. It's actually a household solvency problem, and the risk is radiating.

Fortune

Financial Advisors: 5 ‘Safe’ Investments That Might Not Be Safe for Retirees

Bonds, dividend stocks and cash seem safe in retirement, but advisors explain how these investments can increase risk, hurt income and fuel inflation loss.

GOBankingRates

Fossil fuels no longer offer security. Clean energy can

While historical energy crises spurred renewable adoption, current economic conditions like inflation and high interest rates pose investment challenges. Despite these obstacles, growing public support and the undeniable security benefits of renewables are driving continued progress.

The Economic Times

S&P 500 and Nasdaq 100 Post Record Highs on Solid Earnings

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.29%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.94%. June E-mini S&P futures (ESM26 ) rose +0.19%, and June E-mini Nasdaq futures...

Barchart

Dollar Rebounds as Trade Tensions Resurface

The dollar index (DXY00 ) on Friday rose +0.12%. The dollar recovered from a 2-week low on Friday and finished higher. Tariff tensions resurfaced on Friday, pushing the dollar higher, after President Trump threatened to raise tariffs on European automobile imports to as high as 25%. The dollar initially moved...

Barchart

Why Your Property Taxes Keep Rising—Even When the Market Slows

Property owners often expect tax bills to fall when home prices cool off, but that expectation rarely lines up with reality. Local governments don’t adjust tax rates as quickly as the housing market shifts, and that lag creates a frustrating disconnect. Even when buyers hesitate and listings sit longer, municipalities…

Everybody Loves Your Money

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Barchart

Stocks Climb on Strong Earnings and Crude Oil Weakness

The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.10%. June E-mini S&P futures (ESM26 ) are up +0.43%, and June E-mini Nasdaq futures...

Fortune

By staying on the Fed's board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor

Powell will still be around to be Trump’s punching bag and take at least some of the flak for Warsh.

The Independent UK

Trump approval rating so low on inflation he ‘broke the scale,’ pollster says

President’s numbers remain dismally low, sparking concerns about whether Republicans will lose the House of Representatives in November

Barchart

Dollar Falls on Lower Crude Prices and a Weak ISM Report

The dollar index (DXY00 ) today is down by -0.33%. The dollar added to Thursday's sharp losses today, falling to a 2-week low. The strength in other G-10 currencies is weighing on the dollar today, with the euro climbing to a 1.5-week high and the yen jumping to a 2-month...

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Barchart

Stocks Supported by Apple’s Earnings and Weaker Crude Prices

The S&P 500 Index ($SPX ) (SPY ) today is up +0.55%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. June E-mini S&P futures (ESM26 ) are up +0.58%, and June E-mini Nasdaq futures...

Evening Standard

The Real Greek owner poised to call in administrators for Mediterranean chain

The chain’s Japanese owner said higher inflation and rising workforce costs were partly to blame for recent trading woes.

Grocery Coupon Guide

Consumer Reports Reveals the Most and Least Expensive Supermarkets

Finding the perfect balance between high-quality produce and affordable prices is a constant struggle for shoppers. Every retail brand claims to offer the best possible value to attract your household’s grocery budget. Determining which stores actually deliver on those financial promises requires objective and rigorous data analysis. A trusted consumer…

The Conversation

View from The Hill: Albanese sensitive on one tax reform that won’t be in the budget

With all the talk about the May 12 budget containing significant tax reform, Anthony Albanese sounded very sensitive when confronted about one big reform his government won’t be making.

Grocery Coupon Guide

Analyzing How Grocery Prices Have Changed Since 2025

Economic policies and global trade agreements deeply influence the final number printed on your grocery receipt. Shoppers are highly sensitive to price fluctuations whenever a new administration alters the national economic strategy. Understanding the recent shifts in the retail market helps families adapt their budgeting strategies for the year. The…

Kiplinger

The Hidden Costs of the Fed's Rate Pause

The Federal Reserve didn't cut rates. While this benefits savers, learn how it impacts you when you need to borrow money.

Evening Standard

UK factory production rebounds but firms report more delays and inflation

Supplier delays and related shortages led to a further ‘steep acceleration’ in price inflation for firms.

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