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News
Gasoline pushes US monthly inflation higher ahead of Fed meeting
2+ hour, 34+ min ago (458+ words) US consumer prices rose 0.4% in August, up from July’s 0.1% increase, as more expensive gasoline added pressure to household budgets ahead of the Federal Reserve’s next interest-rate decision. The annual inflation rate held at 3.4%, according to figures released by the Bureau…...
Bank of Japan’s Masu warns inflation could force faster rate hikes
2+ day, 12+ hour ago (521+ words) Bank of Japan board member Kazuyuki Masu warned on September 10 that accelerating inflation could force the central bank to raise interest rates rapidly, adding to the debate over how quickly Japan should move away from cheap borrowing. Speaking to local…...
OECD finds tax reforms favor investment while budget pressures grow
4+ day, 1+ hour ago (477+ words) Governments kept revenue-raising tax measures relatively limited in 2025 while offering incentives for investment, despite mounting pressure to fund public services and pay interest on debt, according to an OECD report covering reforms in 92 jurisdictions. The review covers measures introduced or…...
Why small purchases can quietly weaken a household budget
3+ week, 3+ day ago (1358+ words) A $4 purchase made every weekday costs $1,040 over 52 weeks. The multiplication is simple. The harder part is recognising that 260 separate decisions belong to the same financial pattern. A television costing $1,500 is likely to receive careful attention. A coffee, app subscription or…...
Shrinkflation study finds higher dollar sales despite lower product volume
4+ week, 1+ hour ago (1443+ words) A sales-weighted comparison found that products permanently replaced by smaller equivalents recorded about 6% more nominal dollar sales at affected US stores in the following 52 weeks than in the previous 52, even though the physical quantity purchased fell by roughly 3.5%. The comparison…...
Your salary went up. So why do you feel poorer?
4+ week, 2+ day ago (1412+ words) The latest figures help explain an experience familiar to many workers. Their salaries have increased, sometimes more than once, but groceries, housing, energy and other expenses have also become more costly. The money coming in may be higher. What that…...
US inflation highest in 3 years
3+ mon, 2+ week ago (385+ words) Inflation in the United States has reached its highest point since March 2023—in other words, the highest in three years, according to the U.S. Bureau of Economic Analysis (BEA). The BEA’s PCE price index excluding food and energy, also known…...
Central banks worldwide are putting the brakes on interest rate cuts
3+ mon, 2+ week ago (379+ words) Over the last couple of years, the US Federal Reserve (Fed) and other central banks across the world have been raising interest rates in their fight against inflation—that is, rising prices. Recently, they have done the opposite; they have…...
UK GDP grew faster than expected
3+ mon, 3+ week ago (270+ words) In the first quarter of 2026, UK Gross Domestic Product (GDP) grew by 0.6%, according to the Office for National Statistics (ONS), which was more than economists had forecast. The 0.6% figure followed a revised increase of 0.2% in the fourth quarter of 2025. All…...
US inflation hits near 3-year high
3+ mon, 4+ week ago (322+ words) U.S. consumers won’t be happy with the latest inflation figures. Prices rose in April 2026 at their fastest rate since May 2023. Consumers are starting to feel the impact of the war in Iran, as gasoline prices have increased by around 45% over the…...