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inflation

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Here’s the inflation breakdown for August 2024 — in one chart

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Grace Cary | Moment | Getty ImagesInflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for...
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Inflation drops to a 3-year low ahead of Fed’s rate meeting

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The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal...
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Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

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Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that sets the stage for an...
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Why Reeves’s claim pensioners will be £1,700 better off is far from the whole truth

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While this represents a 4pc increase, much of the rise is just...
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Aldi confirms plans to open 23 more stores in 2024 – full list so far

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Aldi has announced plans to open 23 more stores across the UK by the end of the year in a win for Britain's high...
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Fed Governor Waller backs interest rate cut at September meeting, open to larger move

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Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio...
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UK house prices hit two-year high, Halifax reveals – what it means for you

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HOUSE prices are on the rise in regions across the UK amid a "promising summer". The average UK house price hit a two-year high...
Bussiness

The economy is at a fork in the road

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Friday's jobs report is a big one.That's because the US economy is at a critical point. The next batch of data could be a...
Bussiness

Weak manufacturing measures raise specter of U.S. economic slowdown

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Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | ReutersU.S. factories...
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Energy price cap could raise bills by £558 for the least energy-efficient homes

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HOUSEHOLDS who live in some of the least energy-efficient homes are at risk of seeing their bill rise by up to £558, a report...
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Fed Chair Jerome Powell signaled that interest rate cuts are coming. Here’s what experts are saying

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In This StoryFederal Reserve Chair Jerome Powell’s speech at the Jackson Hole conference has not only lifted the stock market but also garnered praise...
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Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

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Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or...
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