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The Latest Breaking News from Inflation

A shouty, unedifying spectacle and a narrow win for Albanese: 3 experts assess the second election debate

Prime Minister Scott Morrison and Opposition Leader Anthony Albanese met in the second election debate on Sunday evening, before a panel of Nine Network journalists.

The Conversation · May 8, 2022

Scott Morrison and Anthony Albanese clash over cost of living and integrity in messy leaders’ debate

There are heated moments in the second leaders’ debate of the federal election but Channel Nine’s audience fails to find a clear winner

The Guardian - AU · May 8, 2022

Rishi Sunak can fight recession risks with a cost of living support package

Pressure for summer mini-budget will increase as economic effects of Russia-Ukraine war take hold

The Guardian - UK · May 8, 2022

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Interest rate hike wasn’t surprising, timing was: Finance Minister Sitharaman

The Finance Minister asserted that the rising cost of funds will not impact the government’s planned infrastructure investments

The Hindu · May 8, 2022

The economy is collapsing. Yet I can’t recall a government so devoid of a plan

The pound is weak, inflation is up, but it’s hard to discern any ideas from the Tories

The Guardian - UK · May 8, 2022

Confidence data to provide rate response

Confidence surveys this week will provide a guide to how consumers and businesses are handling rising interest rates and inflation.

AAP · May 8, 2022

Labor will announce new measures to close gender pay gap in election campaign’s final fortnight

Tanya Plibersek says party would look at introducing superannnuation on paid parental leave ‘when we can afford to’

The Guardian - AU · May 8, 2022

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Southeast Asia stock markets stand out as geopolitical heaven for investors

Fed hikes, decades-high inflation and Covid lockdowns in China are only adding to investor bets that Southeast Asia’s stock markets may be one of the best places to park their money right now.

Bangkok Post · May 8, 2022

Confidence? It’s in short supply at the Bank of England

The idea that central banks have rediscovered their mojo is not borne out by the diverging policies on rates they are making

The Guardian - UK · May 7, 2022

Less immigrant labor in US contributing to prices hikes

The U.S. is experiencing a labor shortage that's partly fueled by a drop-off in immigration, which ground to a halt during the coronavirus pandemic

The Independent UK · May 7, 2022

When will interest rates go down? Bank of England raises rate to 5%

The Bank of England confirmed an increase in the base rate to its highest level since 2008

Evening Standard · May 7, 2022

We compared a family Aldi shop from last year with prices today - here's what we found

Not everything had gone up at the popular budget supermarket

Manchester Evening News · May 7, 2022

VIDEO: Majority Of Kids Say They Are Better At Managing Money Than Their Parents

59% feel their parents have previously judged their financial habits.

Zenger · May 7, 2022

I compared my family Aldi shop from last year with prices today - here's what I found

Cheese, salmon and milk are up - leading to a significant difference

Wales Online · May 7, 2022

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WEKU · May 7, 2022

Florida approves 10 tax-free holidays for essentials like gas and diapers

A variety of items will be tax-free in the state over coming months. The move comes as Americans are facing soaring inflation and high gas prices.

inkl Originals · May 7, 2022

The Weekly Wrap for Saturday, 7 May 2022

This week unscalable barriers were erected around the United States Supreme Court to keep protesters at bay. It's now about as difficult to enter the highest court in America as it is to get a legal abortion in Missouri.

Tribune News Service · May 6, 2022

Biden heads for JD Vance’s home turf as Democrat sits out event

President Joe Biden demanded Congress pass legislation to make the U.S. more competitive with China during a speech in Ohio that wasn’t attended by the Democratic nominee for the state’s pivotal open Senate seat.

Chicago Sun-Times · May 6, 2022

Bally’s boss promises casino will showcase ‘authentic’ Chicago

Voicing no concern about violence or rising costs, Soohyung Kim also said city is urging him to put a temporary gaming center in Medinah Temple.

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Bangkok Post · May 6, 2022

Rate jitters keep stocks on back foot

Recap: Global stocks retreated as markets worried about more US interest-rate increases while Asian shares slumped on a concern that China's Zero-Covid policy may hold back the region's economic growth.

Benzinga · May 6, 2022

Gold and Silver Post-Ukraine: What Awaits The Precious Metals After The War?

Those seeking refuge in the gold and silver markets will continue betting on these assets until the uncertainty caused by the war in Ukraine dissipates. With investors fleeing to gold’s well-marketed safety this is what some experts say would happen if the Ukraine dust settles.

The Independent UK · May 6, 2022

EXPLAINER: More pressure on the Fed from April jobs report

The April jobs report provided mixed signals on the economic issue most on the minds of Americans: Chronically high inflation

Benzinga · May 6, 2022

Why Construction Partners Shares Are Falling Today

Construction Partners Inc (NASDAQ:ROAD) reported second-quarter FY22 revenue growth of 35.9% year-over-year to $243.4 million, beating the consensus of $217.66 million. EPS loss widened to $(0.18) from $(0.10) in 2Q21, missing the consensus of $(0.05). The gross margin contracted by 496 bps to 5.1%. The operating loss widened to $(11.49) million from…

Roll Call · May 6, 2022

In Ohio, Biden pushes bipartisan bill as way to curb inflation - Roll Call

Biden travels to hot spot in fall campaign, but keeps remarks bipartisan as he urges Congress to pass competitiveness package.

Benzinga · May 6, 2022

What's Going On With AutoCanada Shares Today

AutoCanada Inc. (TSX:ACQ) (OTC:AOCIF) was downgraded to Sector Perform from Outperform, and the price target was lowered to C$37 from C$52 by National Bank analyst Maxim Sytchev. The analyst believes that AutoCanada's management continues to execute well, but the shares will have a challenge recapturing the prior highs amid higher inflation. Recently, Canaccord analyst Luke Hannan has…

Roll Call · May 6, 2022

Pentagon to work with Congress to mitigate inflation's budget bite - Roll Call

The Defense Department will seek supplemental funding from Congress if inflation cuts too much into its buying power.

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