New York Governor Kathy Hochul has announced inflation refund checks of up to $500 will be paid to eligible New Yorkers.

I told you investing in 2025 will be won or lost on inflation. This week I’m going to tell you why I lean toward ‘lost’ over ‘won’.

JPMorgan Chase CEO Jamie Dimon, who oversees the country’s largest bank, said Wednesday that Americans need to “get over it” when it comes to President Donald Trump’s tariff plans driving up prices, as many economists have warned they will.

Most Americans feel their bank accounts aren’t keeping up with inflation, a new survey finds, fresh evidence that savers who seek high interest rates may not be looking hard enough. In a survey fielded by the personal finance site WalletHub,

President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.

BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.

Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more

Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.

“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.

Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.

The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.

The rate of inflation in Guernsey has slowed over the past year, according to the latest external figures. In the 12 months to December 2024, the Retail Price Index (RPI), which shows the cost of living in Guernsey was 4.6% The RPI was previously 6.3% in the 12 months to December 2023, official figures showed.