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The Latest Breaking News from Inflation

University tuition fees to increase for first time in eight years amid drop in international students visas

Bridget Phillipson said fees would have to rise in line with inflation to ‘secure the future of higher education’

Evening Standard

Tuition fees expected to rise for first time in eight years

It is understood Education Secretary Bridget Phillipson will outline an inflation-linked rise in university tuition fees from next year.

Evening Standard

Federal Reserve Expected To Cut Interest Rates Amid Cooling Inflation

Federal Reserve plans to cut interest rates due to cooling inflation, not election uncertainty. Powell emphasizes Fed's independence.

Top News

From analysis to the latest developments in health,
read the most diverse news in one place.

If the US is heading for a soft landing, why do people feel so hard up?

Economists say the US may achieve a so-called ‘soft-landing’. Why are Americans still feeling so hard up?

The Guardian - US

‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy

While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances

The Guardian - US

Should you vote with your wallet?

Here are the money moves you should make, regardless of who wins the election

Salon

America’s fight with inflation has been won – just in time for a bigger battle

The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election

The Guardian - UK

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‘The worst is behind us’: Albanese optimistic that Australia has defeated the inflation crisis

Prime minister says nation has weathered ‘global storm’ of high prices and announces more free Tafe places at rally

The Guardian - AU

Albanese pledges permanent free Tafe places – as it happened

All the day’s news as it unfolded

The Guardian - AU

RBA tipped to keep rates steady for 12th straight month

Interest rates have been kept on hold for almost a year and are broadly expected to stay there until cuts start in early 2025, provided inflation keeps easing.

AAP

Senatorial Candidate Promises To Prioritize Nevada's Needs Over Washington's Agenda

Criticism against Senator Jacky Rosen for aligning with Biden's policies, impacting Nevada's economy. Opponent pledges to address inflation, support women'...

Top News

US Economy Achieves Soft Landing Amidst Inflation Slowdown

US economy experiences 'soft landing' with stable job market and inflation levels. Economists optimistic about sustainability of current stability.

Evening Standard

Bank of England rate cut expected despite ‘fiscal loosening’ of Budget

A quarter-point cut is forecast on Thursday, but Labour’s Budget has trimmed hopes of a rapid string of rate cuts afterwards.

The Independent UK

Final jobs report before 2024 election shows lackluster numbers amid hurricanes, strikes

The unemployment rate remained virtually unchanged as the economy adds only 12,000 jobs

The Conversation

Jobs report gives a final lackluster snapshot prior to election − but overall, the economy under Biden has been a tale of 2 eras

The U.S. economy added just 12,000 jobs in October 2024, less than most economists expected and providing voters with a downcast bit of data as they head to the polls.

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The Independent UK

US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls

The Conversation

No, America’s battery plant boom isn’t going bust – construction is on track for the biggest factories, with over 23,000 jobs planned

The United States is in the midst of the biggest boom in clean energy manufacturing investments in history, spurred by laws like the bipartisan Infrastructure Investment and Jobs Act and the Inflation Reduction Act.

The Guardian - US

US adds only 12,000 jobs in October in final report before election

Average monthly job gains in 2024 had been about 200,000, but new figures affected by Boeing strike and hurricanes

Fortune

The anticipation of a Trump win is sending mortgage rates soaring. Top economists say scorching inflation is very likely to go with it

Rising inflation is what pickled the housing world in the first place.

StockNews.com

Investors: Are You Ready for November?

The S&P 500 (SPY) tumbled to end October. Is that a harbinger of more downside to come? Or will the bull market return with gusto? Investment pro Steve Reitmeister shares his time market views including a preview of his favorite stocks. Get the full story below.

Kiplinger

Stock Market Today: Stocks Struggle After Meta, Microsoft Earnings

All three major indexes closed lower on Thursday, making for a grim Halloween.

Barchart

Dollar Finishes Little Changed on Euro Strength

The dollar index (DXY00 ) on Thursday finished little changed. The dollar Thursday recovered from a 1-week low and was little changed on better-than-expected US economic news that was hawkish for Fed policy. Weekly jobless claims unexpectedly fell to a 5-month low, and Sep personal spending rose more than expected....

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