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UK inflation jumps to 40-year high of 9% as food and energy prices spiral

The U.K.'s Office for National Statistics said its estimates suggest that inflation would have last been higher "sometime around 1982."Justin Tallis | Afp | Getty ImagesLONDON — U.K. inflation soared to a 40-year high of 9% in April as food and energy prices...

A hot summer could send rising natural gas prices shooting even higher

Workers operate a drilling rig for an EBR Energy LP natural gas well near Columbus, Texas.Scott Dalton | Bloomberg | Getty ImagesU.S. natural gas prices more than doubled since the start of the year, and this summer's air-conditioning season could send them soaring...

Pressure Is Mounting As Food Prices Continue To Soar With No End In Sight – Silver Doctors

The price for produce, meat and eggs remains stubbornly high, and we could see people in the US rioting over an inability to feed their children…  by Mac Slavo of SHTFplan Food prices are continuing to go up and there is no reprieve in sight....

California’s gas average tops $6 per gallon as nationwide prices surge

High gas prices at stations in Garden Grove, California, on Monday, March 7, 2022.Jeff Gritchen | Medianews Group | Getty ImagesCalifornia's state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the...

Oil giant Aramco reports record first quarter as oil prices soar

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019.Maxim Shemetov | ReutersOil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO....

Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981

Prices that consumers pay for everyday items surged in March to their highest levels since the early days of the Reagan administration, according to Labor Department data released Tuesday.The consumer price index, which measures a wide-ranging basket of goods and services, jumped 8.5%...