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The Office for National Statistics announced inflation figures Wednesday as the U.K. undergoes a historic cost-of-living crisis and political turmoil.Westend61 / Getty ImagesLONDON — The consumer price index rose 10.1% in September,…

That's the highest level in more than 40 years and higher than the previous reading, when prices rose by 8.6% for the year ended in May. It is also much higher than the 8.8% that economists had predicted, according to Refinitiv.The…

Subscribe to the Wake Up, cleveland.com’s free morning newsletter, delivered to your inbox weekdays at 5:30 a.m.Showers and thunderstorms, sometimes severe, are possible this afternoon as a strong system moves through the region. Highs…

WASHINGTON (AP) — With ever-rising costs for food, gasoline, housing and other necessities squeezing consumers and threatening the economy, inflation in the United States likely set yet another four-decade high in March.The government’s…

As inflation soars to another forty-year high of 7.9 percent year over year, CBS Evening News called an audible and avoided President Joe Biden ludicrously blaming Russia’s invasion of Ukraine for the runaway inflation numbers.…

WASHINGTON — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.The increase reported…

New York Times economist Paul Krugman must be a glutton for punishment. He’s gone from spending months downplaying the surging inflation threat, to admitting he was wrong on inflation, to now dismissing it altogether as a crisis.…

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Experts weigh in on rising concerns over inflation on 'Making Money.' The newest inflation data out this week is expected to show another jaw-dropping figure as the price for a bevy of everyday consumer goods soared higher. The…