More headlines on inflation

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Apple CEO Tim Cook won’t raise iPhone 14 prices. He must first deal with a fierce rival — and it’s not Samsung

Many analysts were taken by surprise, as they expected the company to increase prices on its higher-end iPhones.

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Here’s what analysts are saying ahead of the ‘coin-toss’ ECB interest-rate decision

As the European Central Bank readies its second rate hike in three months, there's genuine dilemma in financial markets whether the Frankfurt-based central bank will increase rates by a half-point or 75 basis points.

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Dow, S&P 500 score best day in a month and Nasdaq snaps 7-day losing streak despite flurry of hawkish Fed talk

U.S. stocks end sharply higher Wednesday, with the Dow climbing over 430 points and the Nasdaq Composite snapping its longest losing streak since 2016.

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Will the dollar’s surge end in whiplash?

No one can predict currency movements with certainty, but another 15% drop in the euro and the yen can't be ruled out, says Kenneth Rogoff.

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Why inflation is so tough to tame

Too much money will continue to chase too few goods for a long time.

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U.S. economy likely to get weaker, Beige Book finds, as Fed battles high inflation

The U.S. grew slightly through end the August, a Federal Reserve survey found, but the outlook for the economy over the next year "remained generally weak" because of rising interest rates and nagging labor and supply shor...

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Fed’s Brainard says ‘we are in this for as long as it takes to get inflation down’

The Federal Reserve is 'in this for as long as it takes to get inflation down,' said Fed Vice Chairman Lael Brainard on Wednesday.

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Bad news for stocks: Fed will be surprised how hard rate hikes hit economy, says BlackRock

Federal Reserve policy makers don't understand how hard rate hikes and policy tightening are going to hit the U.S. economy, say analysts at BlackRock.

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With inflation, many retirees will pay more federal income taxes

While the system is generally indexed for inflation, taxation of Social Security benefits is not

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How can we tell whether the U.S. economy is heading into a recession? Or already in one?

The biggest question everyone is asking is whether — with unemployment low and corporate profits are high but inflation at a 40-year high and interest rates rising — there will be a recession.

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5 tips for retiring in a volatile market

Volatility, rising interest rates and high inflation have investors worried about their retirement funds and wondering what they can do to weather the storm.

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Is the U.S. stock market closed on Labor Day?

The U.S. stock market is closed on Monday, Sept. 5 for Labor Day. So is the bond market, the post office and banks.

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Rent for a one-bedroom apartment in NYC nears $4,000 for the first time — other cities see rents increase by up to 61%

The median rental price for a one-bedroom apartment in Fresno or Tulsa rose by about 40% in the last year.

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Turkey’s annual inflation rate above 80% in August

Turkey's annual rate of inflation continued to edge up in August, marking its highest print since September 1998, the country's statistics office Turkstat said Monday.

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‘All of this puts parents in a pickle’: A sharp rise in lunch-meat prices adds to parents’ back-to-school stress

The easiest and once-most economical packed lunches are getting more expensive, at a time when parents face 40-year high inflation.

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How inflation could affect 2023 tax brackets: You may get an unexpected ‘tax cut,’ in a way

Federal income tax rate brackets, and many other federal tax parameters, are indexed for inflation.

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‘Bad’ central-bank policies and high inflation collide to create first bear market for global bonds in a generation

Persistently high inflation worldwide, unleashed by the COVID-19 pandemic, is the biggest reason why the ordinarily safe sector of fixed income has fallen into such a rut.

Chances of a half point Fed rate hike increase slightly after August job data

The changes of a half percentage point rate hike in August increased in the wake of the August job report. The inflation data in two weeks settle the debate.

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Europe’s feckless politicians have left it vulnerable to Russia’s whims on energy

The EU's failed energy policy leaves too much in the hands of shortsighted national leaders.

South Korea’s inflation eases in August, but still well above target

South Korea's headline inflation slowed in August after six months of accelerating but still remained well above the central bank's target.