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Albanese concedes savings needed as he faces internal Labor pressure on cost-of-living crisis

Prime minister vows not to slash health and education funding amid political problem over handling...

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Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year

CPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies...

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Gas prices drove inflation up to 3.1% in September, says StatCan

The annual pace of inflation rose to 3.1 per cent in September as war in the Middle East continued...

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Bad news for Trump ahead of the midterms: it’s still the economy, stupid

Voters’ opposition to the state of Trump’s economy is well established – despite...

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UK economy unexpectedly grows 0.1% in August despite fall in consumer spending

Latest data comes just two weeks before chancellor’s budget looks to help consumers traverse...

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US inflation rose to 3.7% in September in blow to Republicans before midterms

Final inflation report before voters go to polls comes amid widespread anger over cost of living...

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Card surcharge ban used as ‘cover’ for larger price increases by Australian businesses, experts say

‘Round-up’ pricing in items such as coffee suggests increases are exceeding the typical...

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IMF warns global economy ‘could soon test the limits of resilience’

World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it...

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Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas

Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’...

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Reserve Bank of Australia Raises Interest Rates to 15-Year High

In a unanimous decision, the board cited inflation, the Middle East War, and artificial...

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‘The weaker he gets, the more dangerous he gets’: Trump lashes out as his power wanes

Trump tries to dominate at the UN as his approval ratings plummet and even some Republicans stray...

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Diesel prices across Australia could surge beyond $3 a litre as Trump eyes cut to US fuel exports

Fuel costs have risen to levels not seen since early April, adding to risk of inflation and...

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Japan raises interest rates to 31-year high to curb impact of rising prices

Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary...

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Inflation stayed at 3% in August as travel costs soared, says StatCan

Statistics Canada says the annual rate of inflation was unchanged at three per cent in August as a...

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US lettuce prices chopped as costs for other goods remain stubbornly high

Price for the crop dropped dramatically this summer after the cyclospora outbreak caused demand to...

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