inflation

A container ship enters the Port of Los Angeles in San Pedro, California, US on Feb, 1, 2021. — AFP/FileThe world's largest economy's total trade deficit increased by 5.1% to $64.3 billion in October, up from a revised $61.2 billion…

Melis82 | Istock | Getty ImagesIt has never been easy for small or independent music venues to turn a profit. Now, with inflated operating costs, some owners are struggling to keep ticket prices affordable for audiences and take chances on…

A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023.Saul Loeb | AFP | Getty ImagesThere's a dark cloud hanging over Black Friday.A slew of…

Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.Statistics Canada reported Tuesday that the biggest reason for the…

A dealer counts banknotes of Rs5000 at a currency market in Pakistan. — AFP/FileISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Senator Mohsin Aziz demanded the caretaker federal government discontinue the Rs5,000 currency note to put an…

Perhaps the most significant essentials we have to buy are food and drink - which remain one of the biggest contributors to rising prices, going up 10% in the last year. In simple terms, if a bottle of milk costs £1.10 versus £1 a year…

A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana.Luke Sharrett | Bloomberg | Getty ImagesFORT WORTH, Texas — Airlines have a record 260 million seats to fill…

Security personnel walk past the US Federal Reserve building in Washington, DC on Oct 22, 2021.— AFPIn an effort to curb persistent inflation without weakening the robust economy, the US Federal Reserve decided on Wednesday to keep…

An American shopping for groceries in a US supermarket. — AFP/FileUS consumer spending grew more than anticipated in September as households upped their vacation and auto purchases, continuing the trend of higher spending growth as…

The Current18:56Why Tiff Macklem won’t rule out more rate hikesBank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but he can't say when those rates will come down…