LAST: (the person or thing) after everyone or everything else/Coming after all others in time or order; final.
Family Plot is Alfred Hitchcock's last film. (He didn't make any other films after it)
Do you mind if I have the last chocolate? (There aren't any more chocolates left)
LATEST: Of most recent date/newest or most recent or modern:
The band have launched their latest album.
This is the latest-generation iPad.
This is the latest news I can give you.