US inflation fell more than expected to 2.8% in February

Dutton demands mafia-style laws to target CFMEU — as it happened

Opposition Leader Peter Dutton has outlined his plan to introduce US-style laws to target alleged corruption in the CFMEU.

Alfred blows hole in March budget

Why Chalmers won't be baited by media misreporting the economy

Australia's incompetent mainstream newsrooms continue feeding the nation anti-Labor editorials as the Federal Election looms. Here's why Jim Chalmers won't take the bait.

Chalmers reveals Alfred’s damage to the budget, inflation and growth

With just a week until Jim Chalmers delivers the budget, two think tanks say both sides of politics have to come up with ways to make the economy grow faster.

Sheldon H. Jacobson: Focus on increasing buying power, not reducing prices

The recent Consumer Price Index report from the Bureau of Labor Statistics showed that prices have risen by three percent from one year ago. This is one percent above the Federal Reserve’s two percent inflation target, which they base on the Personal Consumption Expenditure Price Index. No matter what these indexes say, people are paying more today for what they purchase. Egg prices have been in the news, as one dozen eggs now costs over $5. Som…

Two Major Inflation Markers Lower Than Expected

Two major markers of inflation came in lower than expected this week despite tariffs against China and other concerns that prices would increase. The U.S. Bureau of Labor Statistics released its Producer Price Index Thursday, a key marker of inflation, which showed that PPI did not rise last month but remained flat despite rising 0.5% in December and 0.6% in January. PPI has risen 3.2% overall in the last year.  The avian flu outbreak among chic…