US consumer prices rise at fastest rate in nearly 40 years

Prices in the US are rising at their fastest rate in almost 40 years, with inflation…

Next warns of higher prices as costs rise

Next has said it will raise its prices this year to offset increased wages as well…

Oil begins new year with gains, Omicron worries linger

NEW DELHI, Jan 3 (Reuters) – Oil prices firmed on Monday as the market kicked off…

US inflation hits highest level for nearly 40 years

American shoppers, especially those on low incomes have felt the pinch of higher prices, with annual…

Oil adds to gains as worries over Omicron ease

MELBOURNE/BEIJING (Reuters) – Oil prices rose on Thursday, extending gains into a fourth session on positive…

Christmas dinner costs rise as inflation bites

Christmas dinner is set to cost more this year with the price of staples such as…

Uber prices could rise 20% after UK ruling

Uber has said it may soon have to start charging its UK customers VAT at 20%,…

Retailers make shocking petrol profit, says RAC

Retailers are continuing to put up fuel prices when they should reduce them in line with…

Inflation: South Korea raises rates to tackle price rises

South Korea’s central bank has put up interest rates for the second time this year amid…

US to release oil reserves in attempt to lower prices

The US has said it is releasing 50 million barrels of oil from its reserves in…

Asia’s spot crude market peaks on possible oil reserve release

SINGAPORE (Reuters) – Asia’s spot crude market has peaked after touching near two-year highs this week,…

Inflation: UK prices soar at fastest rate for almost ten years

The cost of living has surged at its fastest pace in almost 10 years, hitting 4.2%…