Energy prices
Everything filed under this heading in our economy coverage, the 22 reports filed on it so far.
US inflation hits 3.7% ahead of midterm elections
US inflation accelerated to an annual rate of 3.7% in September, driven by surging energy prices. The data increases pressure on the Federal Reserve...
September CPI Forecast Shows Energy-Driven Inflation Spike
Economists forecast a sharp acceleration in September inflation, with headline CPI expected to rise 0.6% monthly and 3.6% annually, driven by surging...
IMF upgrades UK 2026 growth forecast to 1.3%
The IMF has raised its UK GDP growth forecast for 2026 to 1.3% while cutting its 2027 outlook. It advises fiscal consolidation as Chancellor Healey...
IMF's Georgieva warns AI boom, energy shocks strain global growth
IMF chief Kristalina Georgieva warns that AI, energy shocks, and record debt are straining the global economy as a 17-year era of easy financing ends.
Australian housing prices fall as rate hikes deter buyers
Australian home prices fell nationally in September, down 5.2% from their March peak.
Australia's inflation hits 4% in August, RBA raises cash rate
Australia's annual inflation accelerated to 4% in August, driven by a 15% monthly surge in fuel prices.
UK consumer confidence rises for third month
UK consumer confidence rose to a two-year high in September. However, rising inflation and energy costs are undermining the recovery as consumers...
Economist warns of financial crisis risks from oil and AI
Guardian columnist Larry Elliott highlights rising oil prices, bond market sell-offs, and AI industry warnings as signs of strain like those that...
Bank of England holds rates at 3.75%, warns of possible hike
The Bank of England held its main interest rate at 3.75% but signaled a likely increase if high energy prices persist, citing Middle East conflict...
UK Inflation Rises to 3.1% as Fuel Prices Soar
UK inflation increased to 3.1% in August, driven by soaring motor fuel costs, putting pressure on the Bank of England ahead of its interest rate...
Scottish food price cap plan worries farmers
Scottish farmers fear government plans to cap prices on essential food items will force supermarkets to pass financial losses down the supply chain.
UK households face winter energy bill surge
Households are warned of higher energy bills this winter as European gas storage levels remain low and wholesale prices hit three-year highs.
Business groups urge Swinney to scrap food price cap
Twenty-three business groups have urged First Minister John Swinney to abandon his proposed cap on essential food prices, calling it ineffective.
Austin Employment Outpaces Texas and U.S. in July
Austin's job market grew faster than Texas and the U.S. in July. Unemployment stayed at 3.8%, while wages and home prices rose.
Ofgem raises energy price cap by 4% from October
Ofgem will lift the household energy price cap by 4% on 1 October, adding about £60 a year to the typical bill. The move follows rising wholesale gas...
Energy Firms Urge Government Help for Struggling Households
Energy UK calls for a more targeted support scheme to help households in need, as energy prices are expected to rise this winter.
Walmart Sales Growth Slows as US Consumers Feel the Strain
Walmart's sales growth has slowed down due to rising fuel prices and consumer spending pullback.
Millennials' Struggle to Buy Homes: Is it Getting Easier?
The path to buying a home has become increasingly difficult for millennials, but there are signs that it may be getting easier. Property prices have...
The Challenge of Pricing AI Services
Companies are struggling to set prices for AI services due to the unpredictable nature of token consumption.
UK Inflation Reaches Four-Month High Due to Energy Bill Jump
The UK's inflation rate has risen to 2.9% in the year to July, driven by a sharp increase in energy bills, with gas prices soaring at their fastest...
CMA investigates Trainline, Virgin Atlantic and RED Driving School over 'drip pricing' concerns
The UK's Competition and Markets Authority (CMA) is investigating three companies for allegedly not displaying full prices upfront, a practice known...
Inflation Concerns Amid Global Uncertainty
Rising energy bills and food costs have sparked concerns about inflation, but economists believe it is unlikely to reach crisis levels.