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The Latest Breaking News from Inflation

Inflation, crime, conservative values: How Democrats fumbled the immigrant vote

Donald Trump is poised to be the next president of the United States, bringing to an end an election that was framed as a stark choice between tyranny and democracy.

Newslaundry

What Impact Will Trump Have On The World Economy?

Donald Trump's return to the White House with his protectionist policies poses threats for the global economy, with the prospect of new trade wars, resurgent inflation and slower growth, experts say.

International Business Times

What Trump might do in his second presidency and what it could mean for democracy

There is nothing more dangerous than an autocrat who has managed to dupe the public into thinking that they are good at managing the economy, or are the key to maintaining security. That the Trump years saw reasonable levels of economic and job growth while inflation stayed under control, helped…

The Conversation

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read the most diverse news in one place.

M&S reveals £120m hit from Budget measures

The firm said it would do ‘everything we can’ not to pass on the extra costs to consumers, but ‘cannot rule anything out’.

Evening Standard

Inflation pain helped secure Trump win but his policies mean higher prices

Markets expect his policy package to harm trade and growth but reduce business taxes

The Guardian - UK

Persimmon cautions over Budget cost hit as home sales fall

The building giant said home sales fell between July and November, to 1,416 from 1,439 a year ago.

The Independent UK

Persimmon warns on return of building cost inflation as house sales pick up

Persimmon said that it was on track to deliver around 10,500 homes in the full year.

Evening Standard

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Marks & Spencer sees profits surge, but cautions over consumer pressures

The retailer reported underlying pre-tax profits up 17.2% to £407.8 million for the six months to September 28.

Evening Standard

FTSE 100 Live 06 November: Stocks and Bitcoin surge on Trump trade, M&S profits beat hopes

Bitcoin, the US dollar and stock markets have surged as traders position for Donald Trump’s return to the White House.

Evening Standard

Economic Concerns Dominate Voter Sentiment In Recent Election

Exit poll data reveals shifting voter perceptions of the economy in the 2022 presidential election, with concerns about personal finances and inflation imp...

Top News

'Shut The F* Up!': Middle-class Americans Are Tired Of Celebrity Endorsements As 65% Struggle With Rising Costs

A viral TikTok video featuring a frustrated mother telling celebrities to "shut the f*** up" about politics highlights the financial struggle faced by millions of Americans.

International Business Times UK

February rate cut hopes hinge on jobs market softening

The economic outlook has been downgraded as the big four banks' predictions of a February interest rate cut narrows.

AAP

The Inflation Election

Elections are decided by how people feel, and lots of Americans still feel pretty grumpy about how much it costs to go to the grocery store these days.

Reason

Fee rise will not fix ‘financial pressures’ facing universities due to NI hike

Changes announced in the Budget around employers’ national insurance contributions will cost the sector around £372m, it has been suggested.

Evening Standard

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news in one place.

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Evening Standard

Spending on projects early could lead to higher costs in the end – OBR chief

Richard Hughes was speaking to a cross-party committee of MPs on Tuesday.

The Guardian - AU

Anthony Albanese needs interest rates to fall – if they don’t, his reelection chances certainly will

The prime minister needs lower rates and Australians to believe the worst of the cost-of-living crisis is over

The Independent UK

Wes Streeting defends tuition fee increase as ‘proportionate and reasonable’

Health Secretary Mr Streeting, a former president of the National Union of Students, said he would still go to university even with the fee rise.

Salon

Economy takes top spot on Election Day

Inflation has cooled, but voters are still thinking with their wallets

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news in one place.

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Evening Standard

UK services sector growth eased in run-up to Budget

‘Heightened’ policy uncertainty led to growth slowing again in October, according to a closely watched business survey.

The Guardian - AU

Bullock is sending a message to politicians: rate cuts or big spending promises – you can only have one

The Reserve Bank governor’s comments show she’s in no hurry to bring relief to borrowers

The Guardian - AU

Reserve Bank leaves interest rates on hold as Michele Bullock ducks questions on rate cut timing

RBA’s decision to leave cash rate unchanged comes as underlying inflation remains above bank’s target range

StockNews.com

3 High-Yield Dividend Stocks to Buy for Steady Passive Income

In times of market uncertainties, high-dividend yield stocks are ideal investment choices for their qualities like stable passive income, protection against inflation, and price appreciation. Thus, investors could consider fundamentally sound, high dividend yield stocks Verizon Communications (VZ), Pfizer (PFE), and Enterprise Products Partners (EPD) for steady passive income. Read…

Al Jazeera

US election 2024: What are Harris and Trump’s positions on the key issues?

Here are the presidential candidates’ positions on the economy, immigration, foreign policy and more.

Barchart

Dollar Retreats with T-Note Yields Ahead of Tuesday’s US Presidential Election

The dollar index (DXY00 ) Monday fell by -0.40% and posted a 2-week low. The dollar was under pressure Monday after updated polls over the weekend shifted in favor of Democratic candidate Harris for president. Harris’s high-tax and low-tariff policies are seen as limiting growth and inflation and are seen...

The Guardian - AU

Watt confirms Labor considering releasing sealed section of robodebt report – as it happened

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