40year

FOX Business' Cheryl Casone reports on June's Consumer Price Index released Wednesday, which revealed inflation now sits at a fresh 40-year high. Inflation accelerated more than expected to a new four-decade high in June as the…

More than four in five people in the U.K. are worried about rising living costs and their ability to afford basics necessities like food and energy over the coming months, according to a new survey.Tolga Akmen | Afp | Getty ImagesLONDON…

Consumer price inflation hit 9% in April, the Office for National Statistics said, surpassing even the peaks of the early 1990s recession that many Britons remember for sky-high interest rates and widespread mortgage defaults.A Reuters…

LONDON, May 18 (Reuters) - A rebound in stocks ran out of steam on Wednesday as concerns about the economic growth outlook and rising inflation knocked sentiment, while a UK inflation reading of 9% underlined just how much higher…

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