News

Food inflation jumps to 18-month high with these items seeing a price rise

he British Retail Consortium (BRC)-NIQ Shop Price Monitor reveals food inflation hit 4.2% this month, up from 4% in July, ...

What To Expect From Friday's Report On Inflation

Key Takeaways Inflation likely stayed too hot for comfort in July, according to economists' expectations of the Federal ...

U.S. Inflation Trends And Consumer Behavior

Mass-market retailers such as Macy’s, Target, and Dollar General have underperformed, reflecting ongoing consumer caution and ...

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Week Ahead for FX, Bonds: U.S. PCE Inflation Data in Focus as Fed Rate Cut Looks Likely

U.S. PCE inflation data for July will be the key economic indicator as investors anticipate that the Federal Reserve will ...

Italian restaurant chain files for bankruptcy, citing inflation and higher interest rates

The parent company of Bravo! Italian Kitchen and Brio Italian Grille filed for Chapter 11 bankruptcy protection amid ...

Fed Officials Erase Old Policy That Tolerated Higher Inflation

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...

Wages aren't keeping up with inflation, with some jobs falling further behind than others

Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many ...

Caller Says His Employees Are Unhappy With Their Raises. Dave Ramsey Responds, 'A 2% Raise In A 9% Inflation Economy Is Insulting'

Blake from Lincoln, Nebraska, recently called into Dave Ramsey‘s “EntreLeadership” podcast with a problem many managers face: ...

Fed’s Goolsbee Says He Hopes Dangerous Inflation Data Was a Blip

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...

Powell signals Fed may cut rates soon even as inflation risks remain

Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...

UK inflation rises to highest since early 2024 at 3.8%

British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6%, official data showed on Wednesday ...