The Latest Breaking News from Inflation

Inflation-busting 4.6% increase - to match rise in national rail fares - will also affect Elizabeth line and London Overground

The US Federal Reserve's preferred inflation measure cooled further last month and now sits just above its long-term target, according to government data published Thursday, shortly before the presidential election.

As a steelworker, I know how hard people are struggling – and I fear that next week they may fall for Trump’s simple answers, says local mayor JoJo Burgess

The eurozone's annual inflation rate rebounded more than expected in October due to rising food costs, official data showed on Thursday, but remains in line with the European Central Bank's two-percent target.

Jobs and inflation data, as well as earnings from Apple and Amazon, will keep Wall Street focused on the final trading day of October.

December S&P 500 E-Mini futures (ESZ24) are down -0.77%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -1.09% this morning as investors digested quarterly earnings reports from Microsoft and Meta as well as robust U.S. economic data that muddied the outlook for Federal Reserve rate cuts.

Institute for Fiscal Studies says increasing borrowing to fund investment ‘right thing to do’

After 11 months in office, Argentina’s right-wing President Javier Milei has fulfilled his flagship pledge to eliminate the country’s monumental deficits by shrinking the public payroll, slashing subsidies and holding already low wages of state workers below inflation

Microsoft and Meta topped views late, though their stocks diverged. Robinhood and two bitcoin plays sold off.