Inflation has reached a 40-year high in the U.S., leading to recession worries on Wall Street. But it appears small businesses and customers are bearing the brunt of rising prices. For VOA, Keith Kocinski spoke with New York City vendors who are trying to keep prices down and their wheels on the ground.

WION-VOA Co-Production: US inflation reaches a new 40-year high

British inflation rose to a 40-year high in September, rising above 10 per cent on soaring food prices, official data showed Wednesday. A cost-of-living crisis is currently gripping the country and people are being forced to cut down on basic consumptions.

UK inflation accelerates to 40-year high as food prices soar further

US job openings fell less than expected in May, pointing to a still tight labor market that could keep the Federal Reserve on an aggressive monetary policy path as it battles high inflation.

US job openings stay high in May | Keeping labor market tight

Amid the ongoing Russian invasion of Ukraine, the world is battling high inflation. In the United States, Fed is eyeing more rate hikes as recession fears loom.

US Fed sees more rate hikes in the future amid high inflation and recession fears

UK inflation hits a 30-year high of 6.2% just as finance minister Rishi Sunak proposed to unveil the spring statement.

UK finance minister Rishi Sunak to set out Spring Budget amid high inflation

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