Economy & Inflation

54+ min ago   (284+ words) Bloomberg: “The costs of diesel and home heating oil have surged faster than gasoline in recent months, particularly hammering states that are critical battlegrounds in November’s midterm congressional elections — just as mail-in ballots arrive.” Think You Know Politics? A new…...

49+ min ago   (734+ words) Council tax bills in Wandsworth are set to almost double with rates for a Band D property rising by a proposed £958. Residents in the south London borough are facing the eye-watering increases after the Tory-run council claimed the Labour Government…...

2+ hour, 44+ min ago   (199+ words) Treasury Secretary Scott Bessent appeared before the House Financial Services Committee on Tuesday to answer questions on the international financial system and the U.S. economy. Bessent had a lot of wins for the American people to detail, as we reported, including…...

3+ hour, 46+ min ago   (103+ words) NC Scout is the nom de guerre of a former Infantry Scout and Sergeant in one of the Army’s best Reconnaissance Units. He has combat tours in both Iraq and Afghanistan. He teaches a series of courses focusing on small…...

2+ hour, 45+ min ago   (689+ words) Andy Burnham warned of 'difficult decisions' in the Budget today after grim figures showed inflation rising. The PM pointed the finger at Middle East chaos as he insisted the UK economy remained 'resilient'. He said the threat of spiralling prices…...

3+ hour, 34+ min ago   (132+ words) TechStock²...

14+ hour, 13+ min ago   (648+ words) Economists expect that on Wednesday, Warsh and his fellow policymakers will side with the markets. Warsh, economists say, has largely boxed himself into a rate hike after delivering a high-profile speech last month warning that inflation remains too far above…...

3+ hour, 52+ min ago   (660+ words) This round-up of claims has been compiled by Full Fact, the UK’s independent fact checking charity which works to give people access to reliable information they can trust. Are UK household energy bills the ‘highest in Europe’? On September 1, in…...

5+ hour, 8+ min ago   (140+ words) “Facing stubborn inflation and political pressure from President Donald Trump, Federal Reserve Chair Kevin Warsh is facing the most consequential interest rate decision day of his nascent term,” MS NOW reports. “Warsh has vowed a much quieter, less interventionist central…...

4+ hour, 48+ min ago   (327+ words) “U.S. household income hit a record in 2025, but the lowest earners barely shared in the gains, new Census data show,” Axios reports. “Why it matters: On paper, Americans look richer than ever. But broader measures of financial security show millions…...