Bloomberg Brazilians’ worries about unemployment and the latest Covid-19 surge continue to chip away at Jair Bolsonaro’s popularity, a poll found, leaving former president Luiz Inacio Lula da Silva on track to win this year’s election. The economy is the nation’s biggest problem, according to 37% of those surveyed by Genial Investimentos and polling company Quaest Consultoria. Unemployment was ...

  Bloomberg US consumer prices soared last year by the most in nearly four decades, illustrating red-hot inflation that sets the stage for the start of Federal Reserve interest-rate hikes as soon as March. The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982, according to Labour Department data. The widely followed inflation gauge rose ...

  Bloomberg Britain’s poorest households are facing a 3 billion pound ($4.1 billion) squeeze on living standards in April when their benefits will rise by half the expected rate of inflation, the Institute for Fiscal Studies said. To protect those on low incomes from the looming spike in energy in bills, the government should change this year’s benefit uprating to ...