Inflation

Wall Street is recovering some of its sharp losses following an encouraging profit report from Amazon, one of its most influential companies, and a reading on U.S. inflation that came in within expectations. The S&P 500 was up 0.3%…

Inflation: The US Federal Reserve’s preferred inflation metric, the core personal consumption expenditures index, is expected to have risen 0.2 per cent in October. Economists forecast the year-on-year increase to have eased to 3.5 per…

(Bloomberg) -- Inflation gauges in the US and euro zone are set to show the smallest annual increases since early or mid-2021, reinforcing sentiment that interest rates won’t be raised again.Most Read from BloombergThe Federal Reserve’s…

Consumers who have been squeezed by higher prices may be experiencing a little relief.Fewer adults now say they are living paycheck to paycheck, according to a new LendingClub report. As of July, 59% of Americans said they lived paycheck…

© AFP via Getty ImagesZinc prices jumped on Tuesday after one of Europe’s largest smelters said it will halt production indefinitely, as shockwaves from the energy crisis rip through the region’s industrial base.Nyrstar, a zinc producer…

NEW YORK (AP) — The chill in the housing market is rippling out to the carpenters, landscapers and other small businesses that lose out when fewer homeowners are renovating their properties. Inflation was already causing some homeowners…

Major Asian and European stock markets mostly dropped Monday as investors awaited the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.Oil…

The Federal Reserve will face more urgency in its fight to cool down the US economy with steep interest rate increases after the latest batch of labour market data showed an unexpected acceleration in jobs gains and strong wage…

Traders work on the floor of the New York Stock Exchange.Lucas Jackson | ReutersThe Dow Jones Industrial Average rose Thursday, as traders weighed new inflation data that increased hopes the Federal Reserve could begin cutting rates next…

London CNN  —  The United Kingdom is enduring a summer of misery as its beloved health service descends into crisis, inflation soars, taps run dry and strikes halt trains.…