The Latest Breaking News from Inflation

Inflation's down and growth is mediocre in Europe

Prices for bread have jumped so much over the last few years that Russian pensioner Oleg Ivanovich sometimes has to go without.

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves.

The S&P/ASX200 index finished 1.1 per cent higher, as uranium and nickel developers posted strong gains after Russia suggested it might limit exports.

A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week.

Retirees can expect a new Social Security adjustment next year.

Social Security recipients will likely see the smallest cost-of-living increase in the last four years after the release of government data showing that inflationary pressures are cooling.

Argentina's Congress on Wednesday upheld a veto by President Javier Milei of a bill to increase pensions, as protesters clashed with police outside the building.

After 155 years, the Campbell Soup Company is dropping “soup” from its name and will rebrand as The Campbell Company.

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A good-but-not great reading on consumer inflation sets up the Fed to reduce rates by a quarter-point at its next meeting.