Inflation
Trump reveals he told Fed Chair Kevin Warsh to back interest rate hike
President Trump disclosed he instructed Federal Reserve Chair Kevin Warsh to back the central bank's rate hike, noting board opposition made alternatives futile.
Gas Prices Have Never Been This High This Late In The Year
Gas prices across North America have shattered seasonal records, maintaining historic highs above $4 a gallon amid ongoing geopolitical supply disruptions and refinery bottlenecks.
Federal Reserve hikes key interest rate for first time in three years
The U.S. Federal Reserve raised its benchmark interest rate for the first time in over three years, drawing sharp criticism from President Trump.
Bank of England likely to keep rates steady
The Bank of England kept the Bank Rate unchanged at 3.75% for a sixth consecutive meeting, as rising energy prices keep inflation above target.
Fed Raises Interest Rates for First Time in Three Years
The US central bank has raised benchmark interest rates to a range of 3.75% to 4%, marking its first rate hike in three years amid persistent inflation pressures.
Fed raises rates a quarter point as Trump demands cuts to 1% or less
The Federal Reserve has raised its benchmark interest rate by a quarter point in a unanimous vote, sparking immediate pushback from President Donald Trump.
US Federal Reserve raises key rate to 3.75%-4% after 3‑year pause
The Federal Reserve has lifted its benchmark rate to 3.75%-4% in a unanimous vote, marking the first rate increase in over three years amid persistent inflation.
Federal Reserve Expected to Hike Interest Rates for First Time Since 2023
Financial markets are overwhelmingly pricing in a 25-basis-point interest rate hike by the Federal Reserve, marking the central bank's first increase since 2023 amid persistent inflation.
US Treasury Yields Hit Multi-Year Highs: ETFs to Gain
U.S. Treasury yields have surged to their highest levels in nearly two decades, driven by escalating energy prices and monetary policy expectations.
UK bond yields hit 2007 high as Middle East conflict drives oil above $107
UK borrowing costs have climbed to their highest level in nearly two decades as escalating Middle East tensions drive up Brent crude prices and spark a global sovereign debt sell-off.
McDonald's raises McSmart Meal price to $7.95 amid inflation
McDonald's has lifted the price of its McSmart Meal to $7.95 following a year-long price freeze, reflecting broader inflationary pressures across Australia's retail and hospitality sectors.
Trump Pushes for Lowest US Rates as Fed Weighs Hike
President Donald Trump has renewed demands for the lowest global borrowing costs, setting up a high-stakes confrontation with Federal Reserve Chair Kevin Warsh as policymakers weigh an interest rate increase.
Bank of England expected to raise interest rates four times
Money market traders are heavily betting that the Bank of England will raise interest rates four times by next summer, pushing the rate to 4.75% as energy costs surge.
Social Security’s Trump Bump-Led 2027 COLA Is Set to Make History 3 Different Ways
Driven by tariffs and energy disruptions, Social Security's 2027 cost-of-living adjustment is projected to offer beneficiaries a larger increase, though experts warn rising expenses may absorb the gains.
Inflation stayed hot in August with annual pace of 3.4%, raising the odds of a Fed hike
August consumer prices exceeded analyst forecasts with an annual inflation rate of 3.4%, driven heavily by energy costs and boosting expectations of a Fed rate hike.
Oil surges above 100 dollars a barrel as US and Iran launch new attacks
International oil prices have surged past $100 a barrel following new military strikes between the US and Iran that severely disrupted critical Middle Eastern shipping routes.
Oil prices surge above $100 a barrel as Iran war escalates, stocks tumble
Brent crude oil prices surged past $100 a barrel for the first time since July as escalating conflict between the U.S. and Iran disrupted global energy markets.
Nigerian workers push for $365 minimum wage amid inflation
Nigerian labor leaders are preparing to demand a statutory minimum wage of ₦500,000 to help workers cope with soaring inflation and high living costs.
US Diesel Prices Hit Record High of $5.85 Per Gallon Amid Supply Squeeze
U.S. retail diesel prices have reached a historic national average of $5.85 per gallon, driven by global supply disruptions and depleted domestic stockpiles.
Tata Motors raises car and SUV prices by up to Rs 25,000 from September
Tata Motors Passenger Vehicles is raising prices across its passenger vehicle catalog starting September 1 due to rising input costs and inflation.