The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue. By Colby Smith and Ben Casselman Colby Smith covers the Federal Reserve. Ben ...

Global inflation is now projected to reaccelerate to around 4% in 2026, reversing earlier expectations of steady decline. The OECD warns energy shocks from the Middle East conflict are the primary ...

The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year. “The breadth and duration of the ...

Inflation expectations are currently trending north, driven by the unraveling oil price shock, with a roughly 70% surge in crude oil prices this year driven by the Middle East war, intensifying fears ...

Actor Jerry O'Connell said Tuesday he wasn't going to do podcasts anymore following his recent interview on Bill Maher's "Club Random" podcast, during which he said his wife and children got "physical ...

The cost of wholesale goods and services surged in February for the third month in a row, underscoring the challenge faced by the Federal Reserve in vanquishing inflation even before the recent spike ...

After two back-to-back interest rate hikes by the Reserve Bank of Australia (RBA) in February and March, all eyes are on the next policy meeting set for May. While much attention tends to focus on ...

The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still driving policy debates, influencing national politics, and frustrating ...

All products featured here are independently selected by our editors and writers. If you buy something through links on our site, Mashable may earn an affiliate commission. TL;DR: On April 14, visit ...

Argentina’s monthly and annual inflation readings both came in higher than expected in February before the war in Iran put upward pressure on oil prices. Consumer prices rose 2.9% last month compared ...

As CPI inflation stays steady at both the headline and core levels for February, at any other time the release would be no news. But with a war underway, the focus is not on what has happened but on ...

KANSAS CITY (AP) — Inflation remained stubbornly elevated last month as gas prices rose, but it’s a snapshot of consumer prices before a U.S.-Israeli attack on Iran sent energy costs soaring. Amazon’s ...