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The Latest Breaking News from Inflation

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.

Evening Standard

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 Guardian - AU

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.

The Independent UK

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Economy takes top spot on Election Day

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

Salon

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.

Evening Standard

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

The Guardian - AU

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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…

StockNews.com

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.

Al Jazeera

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...

Barchart

Harris vs Trump: The final day

Americans go to the polls tomorrow after a long and gruelling election campaign, and the RBA’s announcement today is unlikely to bear good news for those wanting an interest rate drop.

Crikey

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

This blog is now closed

The Guardian - AU

Trump Leads Harris In North Carolina Poll

North Carolina poll shows Trump leading Harris by 2%. Top concerns: inflation, economy. Demographics reveal voter preferences. President Biden's approval r...

Top News

University tuition fees to rise to £9,535 in England next year

Fees will rise for the first time in eight years to help universities facing ‘severe financial challenges’, the Education Secretary has confirmed.

The Independent UK

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The Street

Stocks will follow bonds as deadlocked election plays out

The $27 trillion Treasury bond market, the world's biggest, will be first to react when deadlocked election is decided later this week.

AAP

RBA resists taking a punt on Melbourne Cup day rate cut

The Reserve Bank has not gambled on a Melbourne Cup rate reduction, with punters left to ponder whether borrowers will receive a windfall before Christmas.

Barchart

Dollar Slips on Swings in US Election Polls and Fed Rate Cut Expectations

The dollar index (DXY00 ) today is down by -0.61% at a 2-week low. The dollar is under pressure today after polls over the weekend shifted in favor of Democratic candidate Harris for president. Harris’ high-tax and low tariff policies are seen as limiting growth and inflation and are seen...

Evening Standard

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’

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news in one place.

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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.

Top News

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.

The Guardian - US

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

Salon

Should you vote with your wallet?

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

The Guardian - UK

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 - AU

‘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

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