LOCALIZE IT: Ideas for local coverage of stock market slump EDITORS/NEWS DIRECTORS: The Independent UK · May 19, 2022
More Americans apply for jobless benefits last week More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low The Independent UK · May 19, 2022
Shoppers warned milk prices will soar even higher amid cost of living crisis Arla Foods' chief commercial officer Peter Giortz-Carlson said farmers are struggling with the price of packaging and feed for animals, and this will have to be passed on to shoppers Daily Mirror · May 19, 2022
Why Cathie Wood Says Record-Breaking Inventories Could Lead To Weaker Prices Popular investor Cathie Wood who runs the investment firm Ark Investment Management said on Thursday that record breaking inventories at top U.S. Benzinga · May 19, 2022
Grattan on Friday: Numbers fly as unedifying campaign draws towards its close The text arrived on Thursday morning, from a woman who helps me with my horses. “And now I have to do that voting thing. Recommendations please? Who is best?” The Conversation · May 19, 2022
Michael Pascoe: Now Morrison fibs about immigration Given the frequency of Scott Morrison telling lies, telling the AFR a fib about immigration levels just before an election is small beer, but also telling. The New Daily · May 19, 2022
US earnings season and Australian real wage cuts dominate markets this week Shares of US retail giant Target plunged 25 per cent this week, its largest drop since the 1987 market crash as investors panicked about surging inflation. The New Daily · May 19, 2022
Jacinda Ardern says she’s lost all sense of taste after contracting Covid and misses flavour of cheese rolls As a tradition Ardern shares cheese rolls with the finance minister for breakfast on Budget day The Independent UK · May 19, 2022
How soaring inflation will affect your household finances over the next few months The rate of inflation has now reached a 40-year high of 9%. Daily Record · May 19, 2022
Three ways to help your finances right now, according to money expert There are several things many people can look into Wales Online · May 19, 2022
Expert warns people over council tax rebate scam Peter Komolafe said scammers were calling people pretending to be from councils Wales Online · May 19, 2022
Investors lose Rs 6.71 lakh crore as sensex crashes 1,416 points amid weak global cues NEW DELHI: Equity indices posted its biggest drop in 2 months on Thursday tracking an extremely weak trend in the global markets. The Times of India · May 19, 2022
Will submit to the majesty of law: Sidhu after Supreme Court sentences him to one-year jail Chandigarh The Hindu · May 19, 2022
What stagflation means and what Biden could do about it High inflation tends to break out when economic growth is really roaring. Axios · May 19, 2022
The National (Scotland) · May 19, 2022 Martin Lewis in civil unrest warning as energy bills set to rise even further MARTIN Lewis last night sent a warning to Westminster if the Government fail to act upon the cost of living.
The Times of India · May 19, 2022 Will submit to the majesty of law: Navjot Sidhu after SC sentences him to one-year jail CHANDIGARH: Soon after the Supreme Court imposed a one-year jail term on him in a 1988 road rage case, former Punjab Congress chief Navjot Singh Sidhu said on Thursday he "will submit to the majesty of law."
Reuters · May 19, 2022 Conservative incumbent in Canada's Ontario leads two weeks ahead of vote Incumbent Progressive Conservative Doug Ford is leading the race to win a second term as Ontario premier with promises of tax relief at the gas pump amid soaring inflation and fixing clogged highways in Canada's biggest city, Toronto.
Insider UK · May 19, 2022 Union calls for change following strikes in North Sea Oil rig workers have downed tools as wages no longer match rises in inflation
Daily Record · May 19, 2022 Calls to increase DWP benefits and State Pension before next April to help people with soaring living costs The annual uprating is determined by the previous September’s inflation rate.
The Independent UK · May 19, 2022 Russia-Ukraine war impact draws focus of G7 finance leaders Finance ministers for the Group of Seven leading economies on Thursday will deal with the immediate effects of Russia’s war in Ukraine and the COVID-19 pandemic, overtaking their more ambitious plans to reform the global economy
Evening Standard · May 19, 2022 Inflation threatens Sunday pub roast as Young’s takes chicken off the menu CEO Patrick Dardis said: ‘We will sell out the fresh chickens we’ve got in our fridges, and we won’t be ordering any more.’
The Independent UK · May 19, 2022 Stock markets tumble as inflation surges and recession fears intensify 96 of top 100 shares fall into the red as warning signs flash for global economy
The Guardian - UK · May 19, 2022 Royal Mail warns another hike in stamp prices is likely after April increase Postal service says potential rise would help offset higher staff and energy costs and fall in parcel deliveries
Daily Mirror · May 19, 2022 7 plans Rishi Sunak may have for your wallet after fury at cost of living 'dithering' A business chief blasted 'what are we waiting for?' after Chancellor Rishi Sunak said 'the next few months will be tough' at a CBI dinner - and sources briefed out a flurry of unconfirmed tax changes
Bangkok Post · May 19, 2022 Philippines raises rate for first time since 2018 The Philippine central bank raised its key interest rate for the first time since 2018 to combat Southeast Asia’s second-fastest inflation.