Topic
inflation
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Business & Economy · United StatesKashkari: US Inflation Remains Too High Across Economy
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, said inflation remains too high across the US economy, extending beyond just oil prices. He made the remarks on Fox News on September 20, 2026, following a unanimous Federal Reserve decision to raise interest rates.
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Business & Economy · United StatesFederal Reserve Hikes Interest Rate for First Time in Three Years
The U.S. Federal Reserve has raised its key interest rate by 25 basis points, marking the first such increase in over three years. The unanimous decision aims to combat inflation, and was followed by a significant drop in gold prices.
United States3 min readTrust 42 · Craft 45 · Hype 41
PoliticsTrump blames Biden for price rises, data shows mixed picture
Donald Trump stated on Truth Social that Joe Biden's administration caused price increases across America, not his own. Official data indicates a 3.4 percent rise in consumer prices year-on-year in August, with food up 2.2 percent and gasoline prices surging.
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Business & EconomyEconomists Expect Steady August Inflation Amid Falling Gas Prices
Economists anticipate that inflation remained stable in August, influenced by a decrease in gasoline prices. However, ongoing trade tensions between Canada and the United States are expected to affect consumers.
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Business & Economy · RussiaBank of Russia Holds Key Interest Rate at 14%
The Bank of Russia has maintained its key interest rate at 14%, halting a series of cuts that began in April or June 2025. The decision comes amid concerns over rising inflation and price pressures, with annual inflation recorded at 6.3% in early September.
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Business & EconomyOil prices surge to four-month high, rattling global markets
Brent crude futures reached a four-month peak of $109.97 a barrel following a 6% overnight increase. The surge in oil prices has heightened inflation concerns, leading to a spike in global bond yields and a slump in sharemarkets as investors anticipate further central bank tightening.
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Politics · United StatesTrump proposes $5,000 payment to adults if Republicans win midterms
President Donald Trump has proposed giving $5,000 to every American adult if Republicans maintain control of the U.S. House and Senate in the upcoming midterms. The plan is projected to cost $1.2 trillion and has raised concerns about inflation.
United States2 min readTrust 27 · Craft 69 · Hype 32
Business & EconomyCanada's reciprocal tariffs take effect with limited consumer impact
Canada's reciprocal tariffs, ranging from 15 to 50 percent, began in early September 2026. While most grocery items are unaffected, economists anticipate short-term price increases for health and beauty products. Retailers expect limited overall impact on consumers.
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Business & Economy · Middle EastMiddle East conflict pushes oil prices higher, Asian markets mixed
Asian shares and U.S. futures showed mixed performance on Tuesday as escalating conflict in the Middle East, driven by Houthi attacks on Saudi facilities, pushed oil prices higher. China reported a significant jump in exports for August.
Middle East3 min readTrust 42 · Craft 61 · Hype 41- Business & Economy · United States
Iran War Costs Americans $100 Billion in Extra Energy Expenses
The war in Iran has cost American consumers an estimated $100 billion in additional energy expenses, according to Brown University. The figure continues to increase, adding approximately $1 million every two minutes.
United States4 min readTrust 42 · Craft 59 · Hype 41 
Business & EconomyWorld food prices hit highest level since late 2022
World food prices reached their highest point since late 2022 in August, according to the UN Food and Agriculture Organization. The FAO Food Price Index rose to 133.3 points, with sugar prices seeing the largest increase.
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Business & Economy · United StatesFed Beige Book shows US growth, inflation 3.7%, Warsh warns work needed
The Federal Reserve’s September Beige Book reports modest growth in US economic activity since early July, with prices rising moderately across all districts. Two‑thirds of districts saw moderate price increases and demand from data‑centres and defence helped manufacturing. Fed Chair Kevin Warsh said work remains on inflation.
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Business & Economy · United StatesUS Manufacturing Activity Cools in August
US manufacturing activity eased in August, with the ISM PMI dropping to 54.6. New orders and employment measures also declined, while input prices remained elevated, indicating persistent supply chain issues.
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Business & Economy · Middle EastUS stock futures dip as Middle East strikes and Fed hawkishness weigh on markets
US stock index futures fell on Monday as renewed military attacks between the US and Iran pushed oil prices higher. Federal Reserve Chair Kevin Warsh's hawkish remarks also increased expectations of a September interest rate hike.
Middle East3 min readTrust 42 · Craft 59 · Hype 41
Business & Economy · IndiaIndia's economy grew 7.8% in June quarter, exceeding expectations
India's economy expanded by 7.8% in the April-June quarter, surpassing forecasts. This growth was primarily fueled by robust activity in financial, real estate, IT, and professional services, while inflation rose to 4.45%.
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Business & Economy · Middle EastAsian markets fall as US-Iran tensions lift oil prices
Asian share markets declined on Monday as fresh conflict between the United States and Iran escalated, driving oil prices up. Bond yields also remained elevated following comments from Federal Reserve Chair Kevin Warsh on inflation, increasing the likelihood of a US interest rate hike.
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Business & EconomyAustralia's inflation rate drops to 3.5% in July
Australia's annual inflation rate fell to 3.5% in July, the lowest in eight months, though still above economists' expectations. Housing and fuel prices were key drivers, while underlying inflation remained steady, leading the Reserve Bank of Australia to hold interest rates.
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Business & Economy · Middle EastIMF Chief: Global Economy Weathering Energy Shock Better Than Feared
The global economy has withstood the energy shock from the closure of the Strait of Hormuz better than anticipated, according to IMF chief Kristalina Georgieva. She highlighted artificial intelligence investment as a positive force but cautioned about persistent inflation and rising debt.
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Business & Economy · United StatesUS consumer confidence drops to seven-month low
US consumer confidence fell to its lowest point in seven months in August. The decline is linked to elevated gasoline prices, which have stayed above $4 per gallon due to the conflict in Iran. While views on the present situation improved, the short-term outlook soured.
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Politics · United StatesDan Crenshaw mocked for telling Americans to 'eat ramen' amid cost-of-living complaints
Rep. Dan Crenshaw urged Americans to 'stop whining, get a job, eat ramen' after a college student complained a burrito cost $20. The post drew criticism from conservatives and others who said it ignored rising food prices and cost-of-living pressures.
United States4 min readTrust 68 · Craft 95 · Hype 32
