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The Latest Breaking News from Inflation

Disabled gran lives by candlelight and eats just one meal a day due to soaring bills

Rita, a full-time carer from Kent, has removed all lightbulbs from her property and sets her alarm for 5am to make use of Economy 7 cheap off-peak electricity

Daily Mirror · May 4, 2022

Stuart Rothenberg: Inflation, recession and the 2022 midterms

With six months to go until the 2022 midterm elections, the economic indicators continue to deteriorate for Democrats. While unemployment remains low and the economy continues to grow (except for a recent hiccup that few take seriously), inflation is up dramatically, and interest rates are spiking.

Tribune News Service · May 4, 2022

Recession is necessary and 'ordinary people will suffer the most', warns investment guru

World-renowned contrarian investor Marc Faber says the failure of central banks to start raising interest rates sooner will lead to recession and an implosion in asset prices.

ABC News · May 4, 2022

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Cheapest petrol and diesel prices on Merseyside today

Drivers have been keeping a close eye on forecourt prices over recent months

Liverpool Echo · May 4, 2022

Minister tells struggling families to buy value products over brand name food

Environment Secretary George Eustice suggested households should switch to cheaper alternatives to help ‘manage’ their budgets

Evening Standard · May 4, 2022

Asian shares slip ahead of Fed interest rate decision

Shares are mostly lower in Asia, with markets in China, Japan and some other markets still closed for holidays

The Independent UK · May 4, 2022

Cost of living crisis: Shop prices surge 2.7% in a year - highest rise for 11 years

Prices faced by Brits in shops have reached their highest levels since September 2011 as April's retail felt the impact of rising energy costs, as well as Putin's war in Ukraine

Daily Mirror · May 4, 2022

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Jacinda Ardern acknowledges ‘difficult period’ as Labour party slumps again in polls

Reid poll also sees National party lead Labour amid growing concern over inflation and rising living costs in New Zealand

The Guardian - AU · May 4, 2022

Is the Stock Market Bottoming Now?

After the stock market (SPY) made new lows on Monday we have seen a fairly courageous bounce. But will it last??? More likely we are in a bottoming process that will have us make lower, scarier lows before a lasting return to the bull market. Read on below for the…

StockNews.com · May 3, 2022

Biggest boom in City bonuses for years risks driving up inequality, says IFS

Think tank says pay and bonus deals have risen by about twice as much as other UK sectors

The Guardian - UK · May 3, 2022

Ukraine war and China lockdowns drive fastest UK price rises in years

Inflation on toys, furniture and clothing rose to 2.2% last month, the highest rate for 15 years

The Guardian - UK · May 3, 2022

Shop prices soar to highest in 11 years due to rising energy costs and Ukraine conflict

Shop price annual inflation accelerated to 2.7% in April, up from 2.1% in March.

The Independent UK · May 3, 2022

Inflation challenges rising for Scottish firms

Supply chain issues also predicted to pose significant challenges for the rest of 2022

Insider UK · May 3, 2022

Private sector opposes wage hike

A proposal by labour advocacy groups to increase the daily minimum wage to 492 baht is drawing stiff opposition from entrepreneurs who fear the hike in a volatile economy will deal a blow to businesses.

Bangkok Post · May 3, 2022

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Tribune News Service · May 3, 2022

Starbucks results trail estimates on higher costs, China woes

Starbucks Corp.’s U.S. operations beat expectations in the coffee chain’s latest quarter, giving interim Chief Executive Officer Howard Schultz a welcome development even as he contends with high inflation and Chinese Covid measures that hurt performance there.

ABC News · May 3, 2022

Federal election: Rising interest and inflation rates dominate debate between Josh Frydenberg and Jim Chalmers — as it happened

Interest rates, cost-of-living pressures and how each party would start to repay our historic debt dominate the treasury debate. Look back at all the day's politics.

Bangkok Post · May 3, 2022

Explainer: Inside the case for a minimum wage hike

Thai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage.

Reuters · May 3, 2022

Canada's Ontario to hold election next month as voters grapple with inflation

Canada's most populous province, Ontario, will hold an election next month with incumbent Progressive Conservative leader Doug Ford favored in polls and the campaign expected to focus on fighting inflation.

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The Independent UK · May 3, 2022

In the red: loan defaults rise as cost of living crisis bites

One in 12 using unregulated borrowing services to cover everyday spending

Benzinga · May 3, 2022

U.S. Cannabis Earnings: 3 Reasons Why A Revenue Growth Trough Has Been Reached in 2022

It’s no secret that the U.S. cannabis market, as broadly reflected by the industry benchmark AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS), has experienced a precipitous slowdown in growth over the past couple of quarters.

The Independent UK · May 3, 2022

Met Gala 2022 faces criticism for its ‘Gilded Glamour’ theme: ‘It is out of touch’

‘It’s gilded glamour, at a time when wealth inequality has passed gilded age levels’

StockNews.com · May 3, 2022

Look to Consumer Staples Stocks on Mounting Recession Fears

The Fed’s aggressive interest rate hikes and the high energy prices are likely to fuel recessionary conditions. The unexpected decline in GDP in the first quarter indicates a possible slowdown with prices rising continuously. Amid fears of high inflation and a consequent recession, investors can look to bet on shares…

Daily Mirror · May 3, 2022

Boris Johnson says more could be done to help Brits - but rejects calls for windfall tax

During a television interview with Susanna Reid, Prime Minister Boris Johnson was told of a pensioner who rides buses all day to keep warm. He struggled to set out what could be done to help her

Newcastle Herald · May 3, 2022

Newcastle bus drivers to ditch company uniform 'indefinitely' as they call for fair wages

"Drivers are being forced to take protected industrial action to pressure their employer to pay a wage which allows them to make ends meet and live where they work."

Benzinga · May 3, 2022

Why Alternative Investments Are Becoming More Mainstream

For decades, affluent investors invested in alternative investment options like private equity, real estate and unconventional options like art. However, times are changing as more average investors are starting to invest in these asset classes.

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