The Latest Breaking News from Inflation

Conflicting incentives for quick election-year spending deal - Roll Call

Dynamics for a spending agreement this year are there, but history also says election years lead to delays and stopgap bills.

Roll Call · Apr 27, 2022

Booming rosé sales help give City Pub Group confidence to promise dividend return

Strong demand for pink wine for Provence has helped give City Pub Group the confidence to promise a return of a dividend for the first time since Covid struck, despite the cost of living squeeze on customers and rising inflation.

Evening Standard · Apr 27, 2022

How Our Family Fights Inflation

Millennials typically spend more than other generations on certain expenses that have been increasing most rapidly. Here are some tips to cut your losses.

Kiplinger · Apr 27, 2022

Dana Q1 Earnings Tops Estimates; Cuts FY22 EPS Outlook

Dana Inc (NYSE:DAN) reported first-quarter FY22 sales growth of 9.6% year-on-year to $2.48 billion, beating the consensus of $2.24 billion. Light vehicle revenue fell 0.6% Y/Y, Commercial vehicles increased 32.7%, Off-Highway climbed 17.2%, and Power Technologies sales were flat. Adjusted EBITDA was $170 million versus $234 million last year. Selling, general and administrative…

Benzinga · Apr 27, 2022

DWP Universal Credit warning as 900,000 Brits to be 'worse off' in benefits freeze

2.6 million households will move on to Universal Credit

Nottingham Post · Apr 27, 2022

Is TravelCenters of America a Good Buy with Travel Booming This Summer

Travel is expected to boom this summer despite concerns about inflation and high gas prices because COVID-19 restrictions have eased. So, given its robust financials and a reasonable valuation, would it be wise to bet on TravelCenters of America (TA) to capitalize on the favorable industry trends? Read on to…

StockNews.com · Apr 27, 2022

EXPLAINER: What's behind Russia's natural gas cutoff?

Russia's playing hardball on natural gas

The Independent UK · Apr 27, 2022

3 Stocks to Avoid as the Fed Hikes Rates in a Slowing Economy

Despite a seemingly weakening economy, the Fed has indicated that its forthcoming interest rate increases will be aggressive. Although interest rate hikes bode well for financial companies, fast-paced and aggressive rate increases pose the risk of an economic slowdown. Therefore, we think it could be wise to avoid Wells Fargo…

StockNews.com · Apr 27, 2022

For summer travel deals, stay off the beaten path

Demand for travel has returned to pre-pandemic levels just in time for travel’s hottest season — summer

The Independent UK · Apr 27, 2022

Starmer accuses Johnson of burying head in sand over cost of living crisis

Labour leader calls PM ‘Comical Ali of the cost of living crisis’ in a fractious PMQs

The Guardian - UK · Apr 27, 2022