Inflation News
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Gleaning Cornwall: Charity Saves £1M in Food Waste Amid Rising Costs
A volunteer group has rescued 460 tonnes of produce for food banks, but the operation needs more capital to keep scaling.
JD Vance says fixing the U.S. economy will take more than 18 months
The Vice President acknowledged the struggle of small business owners while defending the Trump administration's long-term economic strategy.
Federal Reserve: Kevin Warsh signals rate hold, December hike looms
Traders are betting on a pause this month after the Fed chair stayed quiet on rate hikes during a major Bangkok conference.
Kevin Warsh signals steady Fed outlook despite inflation spikes
The Fed chair says recent economic performance matches expectations as the central bank weighs its next move on interest rates.
DoorDash and Uber Eats: Why you feel guilty ordering takeout
We’re all lowkey embarrassed about our delivery habits, but here is why the math makes us want to delete the apps for good.
Tech stocks plummet as inflation fears and AI debt concerns rattle markets
Global markets are in a major slump as investors panic over rising US inflation and the stability of companies fueled by AI debt.
CEO confidence takes a nosedive as economy worries grow
Major business leaders are feeling pretty negative about the U.S. economy, but they haven't actually hit the panic button on hiring yet.
US voters feel the recession sting as midterms approach
A new poll reveals that most Americans think the economy is tanking, with high grocery and gas prices hitting independent voters the hardest.
UK cost of living: Households paying thousands more since 2021
The Trades Union Congress says the average UK home has shelled out an extra £13,961 on bills as the government preps a tough budget.
Donald Trump faces low approval as midterm voters worry about cost of living
A new Fox News poll shows voters are lowkey stressing about inflation and the economy, giving Democrats a lead just weeks before the midterms.
US inflation: September prices surge as energy costs weigh on economy
The latest CPI numbers are in, and it's giving major cost-of-living vibes just weeks before the midterms.
Donald Trump campaign promises on cost of living vs reality
While the White House highlights tax cuts and job growth, consumer costs for gas, groceries, and energy remain significantly elevated two years into the term.
Inflation: September CPI hits 3.7% as energy costs surge
The latest inflation data just dropped, and it’s giving higher-than-expected vibes as the Fed weighs its next move.
Bitcoin and inflation: How the CPI print could move your bags
Economists are bracing for the latest U.S. inflation data, and the market is watching how it'll shape the Fed's next move on interest rates.
Bitcoin swings as South Korean stock market hit by AI chip fears
The KOSPI index plummeted 5.5% as investors get nervous about AI valuations and upcoming U.S. inflation data.
UK Economy gets IMF growth boost as chancellor faces budget pressures
The IMF upgraded Britain's growth forecast to 1.3%, but officials warn against broad energy subsidies as the chancellor prepares for a tough October budget.
Australia credit card surcharge ban used as cover for price hikes
Some cafes are raising prices by over 10% following the new surcharge ban, leaving many wondering if they're paying for more than just convenience.
UK Economy Growth Forecast Gets A Bump Before A 2027 Reality Check
The IMF predicts a solid 1.3% growth this year, but higher energy costs and interest rates are lowkey ready to crash the party by 2027.
Inflation: Americans are drowning in debt as prices stay high
New data shows households are struggling to keep up with auto loans and credit cards as the cost of living keeps rising.
Bitcoin price hits speed bump as geopolitical tension sends oil surging
BTC retraces from $84K highs as conflict in Ukraine and Iran sparks energy market fears.
Diesel prices: Why record costs are breaking local budgets
Surging fuel costs are hitting charities and businesses hard, forcing some to ditch green goals just to keep the lights on.
California farmworker wage hike: What it means for your grocery bill
A new law bumping farmworker pay to $19.75 an hour has farmers warning that your food costs are about to go up.
Donald Trump immigration policies linked to $2,000 Social Security cut
A new report warns that the administration's crackdown on foreign-born workers could slash retirement benefits and spike inflation for everyone.
Donald Trump’s fuel price plan: Why your wallet is still feeling the heat
The White House is pulling every lever to lower gas and diesel costs before the midterms, but experts are skeptical it will make a major dent.
UK government bond yields hit 19-year high as inflation fears mount
Rising borrowing costs are putting the squeeze on Chancellor John Healey just weeks before his first budget announcement.
Oil Prices Spike 5% Amid Middle East Tensions and Hurricane Threat
Global markets are feeling the heat as crude prices surge and bond yields hit multi-decade highs.
Used car prices are dropping as gas costs hit your wallet
Car shopping soon? Wholesale prices are cooling off while fuel-efficient rides are seeing a surge in demand.
McDonald's sued over allegations of using AI for price-fixing
A new federal class-action lawsuit claims the fast-food giant is using an AI tool to inflate menu prices, but the company says the allegations are dead wrong.
Northern Ireland schools told to cut heat as energy bills skyrocket
The Education Authority is advising students and staff to layer up to offset a massive surge in energy costs expected by 2027.
Grants Supermarket closing as sky-high utility bills drain the bottom line
A local grocery staple is shutting down after monthly utility costs hit a brutal $25,000.
Donald Trump red-dye diesel order: Will it actually save you money?
The President's new executive order aims to cut fuel costs, but experts say the logistics might make it a major L for most truckers.
Donald Trump administration faces economic messaging dilemma
White House officials are struggling to boast about strong economic growth while acknowledging that high prices still feel like a struggle for most Americans.
Airline tickets: Why your holiday travel is getting even more expensive
Soaring jet fuel costs and limited flight capacity mean airlines are hiking prices, but record revenues aren't translating to bigger profits.
Democrats hold narrow lead in House race as voters stress over prices
A new CBS News poll shows the economy is the main vibe check for voters, with many feeling the Trump administration’s policies are hiking up the cost of living.
Jerome Powell Cleared of Criminal Charges Over Fed HQ Renovation
The Fed chair is off the hook for building cost overruns, but critics say his real failures—from inflation to pricey office perks—remain a major L.
Jim Chalmers warns of budget cuts as economic pressure mounts in Australia
The Treasurer is signaling further spending restraint amid global inflation and conflict, but insists the country can dodge a recession.
Car repairs are getting expensive due to high-tech software and sensors
Modern vehicles are basically computers on wheels, and the cost of keeping them running is hitting your bank account hard.
7-Eleven and Circle K: Lawmakers call out pricing errors
After investigations revealed major convenience store chains often overcharge at the register, Congress members are demanding answers.
Northern Ireland energy bills are spiking as inflation hits households
Major providers are hiking gas and electricity rates, leaving students, parents, and the terminally ill scrambling to pay up as winter approaches.
UK diesel prices hit record high of £2 per liter
Rising fuel costs are hitting your wallet hard as supply chain disruptions from the Iran war and global export restrictions squeeze the market.
Bitcoin holds steady above $83K as inflation hype cools off
After a massive Q3 rally, Bitcoin is catching its breath as analysts question if the latest inflation data is actually as bullish as it looks.
Fuel prices: Why your wallet is feeling the burn and what's next
Record-high diesel costs are forcing businesses and charities to pivot as the government keeps us waiting for the October budget.
Energy bills are spiking: Here is how to protect your bank account
With costs climbing 4% and a predicted 16% jump in January, it's time to audit your energy habits and lock in a deal before the market turns.
Inflation: Why Americans blame rising costs more than spending for debt
A new report shows that 78% of people across all generations point to the cost of living as the main driver behind their mounting debt.
Federal Reserve inflation data cooler than expected, delaying rate hikes
The latest PCE report shows inflation is softening, meaning your wallet might get a breather before the Fed moves on interest rates again.
Bitcoin price: Why inflation data just gave crypto a green light
Softer-than-expected inflation numbers have traders rethinking Fed rate hikes, giving Bitcoin and stocks a little bit of room to breathe.
McDonald’s AI pricing: Is your Big Mac costing more thanks to an algorithm?
The fast-food giant is pushing franchisees to use AI tools that analyze local data to suggest prices, sparking fears of surveillance pricing.
RBA interest rates hike to 4.6% as inflation continues to surge
The Reserve Bank of Australia has pushed rates to their highest point since 2011, and they’re hinting that more increases could be on the way.
Channel Islands fuel prices are spiking and diesel is hitting £2/liter
Global market pressures are pushing fuel costs up by nearly 30%, making your daily commute and side hustles more expensive.
US-China Tariff Cuts: Why Your Holiday Toy Budget Might Catch a Break
A new pledge to slash import taxes on Chinese-made toys could finally lower prices for shoppers this holiday season.
UK Chancellor faces pre-budget stress test amid Iran war and bond market volatility
The UK Treasury is balancing a 'Burnham bounce' in consumer confidence against the harsh reality of soaring energy prices and global debt pressure.
Costco tariff refunds: $184M windfall to lower your grocery bill
The bulk retailer just scored a massive tax refund, and they're using it to keep your food and home goods prices on the low.
Why your protein gains are costing you a bag
The price of whey is hitting record highs, and your wallet is definitely feeling the burn.