The Latest Breaking News from Inflation

Woolworths freezes prices on essentials amid cost-of-living alarm

Woolworths will freeze prices on hundreds of household essentials for six months, as shoppers battle with surging inflation.

The New Daily · Jun 15, 2022

Looming debt crunch positions Laos as next possible Asia default

Laos, with dwindling cash reserves and surging inflation, is facing some of the same strains that pushed Sri Lanka to default and threatens Pakistan’s balance of payments.

Bangkok Post · Jun 15, 2022

Fair Work Commission gives a 5.2% – $40 a week – increase in the minimum wage

The Fair Work Commission has announced a rise in the minimum wage of 5.2% or $40 a week, taking it to $812.60 a week or $21.38 an hour.

The Conversation · Jun 15, 2022

English universities over-reliant on overseas students’ fees, report warns

Public accounts committee says institutions ‘potentially exposed to significant financial risks’, with 80 declaring annual deficit

The Guardian - UK · Jun 14, 2022

Government support for poorer students ‘to fall to lowest level in seven years’

Students are turning to payment apps such as Klarna or food banks to make ends meet says NUS.

The Independent UK · Jun 14, 2022

Morning mail: aged care vaccine rollout ‘too slow’, PM approval rating rises, supermassive black hole found

Wednesday: Only half of aged care residents have had fourth vaccine as deaths climb. Plus: jumping spiders in minute detail

The Guardian - AU · Jun 14, 2022

5 things to know about the Fed's biggest interest rate increase since 1994 and how it will affect you

The Federal Reserve on June 15, 2022, lifted interest rates by 0.75 percentage point, the third hike this year and the largest since 1994. The move is aimed at countering the fastest pace of inflation in over 40 years.

The Conversation · Jun 14, 2022

3 Small-Cap Stocks to Add to Your Portfolio in June

The stock market tanked in the last trading session after a hotter-than-expected inflation data release. Investors are worried about the possibility of the Fed’s aggressive monetary policy tightening pushing the economy into a recession. However, the market downturn presents an excellent opportunity to add quality small-cap stocks P.A.M. Transportation Services…

StockNews.com · Jun 14, 2022

4 Must-Own Value Stocks to Buy in June

In the face of growing inflation and impending interest rate rises, fundamentally strong value stocks Computer Task Group (CTG), Genie Energy (GNE), Titan Machinery (TITN), and KT Corporation (KT) can be great picks now. Read on to learn more.

StockNews.com · Jun 14, 2022

Analyst Recommends Buying Apple, Microsoft And Google Stock, Citing This Investment Advice From Warren Buffett

The Nasdaq has led the broader markets lower since the start of the year as inflation concerns ripple through technology names. However, mega cap tech stocks have shown relative strength and one analyst sees opportunity in a few of the market giants. 

Benzinga · Jun 14, 2022