Defense budget increase hinges on reconciliation success - Roll Call The White House made official Friday that President Donald Trump wants the first ever $1 trillion defense budget. Roll Call · May 2, 2025
Four major issues that will dictate Australia’s election on Saturday The election campaign has been dominated by the soaring cost of living, the economy, energy and China The Independent UK · May 2, 2025
Eurozone Inflation Holds Above Expectations In April Inflation in the eurozone remained unchanged in April, staying higher than analysts expected, official data showed on Friday, but was unlikely to sway the European Central Bank from its interest rate-cutting cycle. International Business Times · May 2, 2025
Eurozone inflation tops expectations: ECB rate cuts in jeopardy? Eurozone inflation surged more than expected in April, as the impact of trade tariffs began to reverberate through the consumer basket, posing a fresh challenge for the ECB. Euronews · May 2, 2025
Whether GDP swings up or down, there are limits to what it says about the economy and your place in it The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of goods and services grows or shrinks. Together with… The Conversation · May 1, 2025
Asian shares rise in subdued holiday trading, as US futures jump Asian shares have advanced, with many markets in the region closed for holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains The Independent UK · May 1, 2025
Major YouGov poll has Labor easily winning a majority of seats in election A YouGov MRP poll has Labor clearly winning a majority of seats in the federal election – 84 of the 150 seats in the House of Representatives. The Conversation · May 1, 2025
Microsoft CEO Satya Nadella says software is the 'most malleable resource' to combat 'any type of inflationary pressure' All three of Microsoft’s businesses beat the company’s internal guidance amid an uncertain economic climate. Fortune · Apr 30, 2025
Trump bets big on major corporations as Democrats pan 'whipsaw' first 100 days - Roll Call President Trump's Wednesday speech showed just how much he is betting on executives to put their money where their profit-driven mouths are. Roll Call · Apr 30, 2025
Trump slams Powell again, claiming he knows ‘much more than he does about interest rates’ “I have a Fed person who is not really doing a good job,” the president said at a rally. Fortune · Apr 30, 2025
By getting tangled up on inflation and exaggerating numbers, Peter Dutton has blown the opportunity he was handed Cost-of-living problems are real – there’s no need for the Coalition to use even bigger numbers The Guardian - AU · Apr 30, 2025
US inflation cools, consumer step up spending, as Americans brace for tariff impact A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented The Independent UK · Apr 30, 2025
You Will Work in the Factory and You Will Like It Plus: Amazon vs. Trump, RFK Jr. gets in trouble, and more... Reason · Apr 30, 2025
Why I Think You Should Buy Stocks to Cope with Inflation What's the best way to protect your investments when inflation rises and the value of the dollar falls? Surprisingly, the answer may lie in buying stocks. Kiplinger · Apr 30, 2025
Evening Standard · Apr 30, 2025 Taylor Wimpey sees lower profit margins amid return of inflation The house builder said it had seen ‘the return of a low level of build cost inflation’ in the opening months of this year.
Fortune · Apr 30, 2025 President Trump says voters signed up for his economic policies—but consumer confidence is at its lowest in five years President Trump said Americans signed up for some economic discomfort arising from tariffs when they voted him into the Oval Office.
The Guardian - US · Apr 30, 2025 After 100 days, Trump has destroyed Trumpism The president’s approach: tackle problems that don’t exist via policies that won’t work
Barchart · Apr 30, 2025 S&P Futures Slip With U.S. GDP and PCE Inflation Data in Focus, Microsoft and Meta Earnings on Tap June S&P 500 E-Mini futures (ESM25) are trending down -0.30% this morning as investors cautiously await a barrage of U.S. economic data, including the Fed’s favorite inflation gauge and the first estimate of first-quarter GDP, as well as earnings reports from “Magnificent Seven” companies Microsoft and Meta.
The Conversation · Apr 30, 2025 Inflation is easing, boosting the case for another interest rate cut in May Australia’s headline inflation rate held steady at a four-year low of 2.4% in the March quarter, according to official data, adding to the case for a cut in interest rates at the next Reserve Bank board meeting in May.
The Guardian - AU · Apr 30, 2025 Rate cut likely as underlying inflation falls within RBA target range Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to March
International Business Times · Apr 29, 2025 US Consumer Confidence Hits Lowest Level Since Onset Of Pandemic US consumer confidence has fallen to its lowest level since the onset of the Covid-19 pandemic, according to survey data published Tuesday, reflecting concerns about President Donald Trump's tariff plans.
Reason · Apr 29, 2025 Trump Wants Lower Interest Rates. The Market Disagrees. Even if the Fed tried to cut rates, inflation, investor reluctance, and a $25 trillion borrowing spree could keep them elevated for years.
AAP · Apr 29, 2025 Full steam ahead for cash rate cut as inflation settles Mortgage-holders are poised to bank an interest rate cut within weeks despite the latest inflation reading coming in slightly higher than expected.
International Business Times UK · Apr 29, 2025 Want $1 Million In Retirement? Here's How Much Americans Need To Save Each Month By State The cost of living index varies considerably for different US states. A Hawaii resident needs to save $443.06 monthly starting at 25 to amass $1 million by 66, compared with $298.45 monthly for a West Virginia resident
Al Jazeera · Apr 29, 2025 Consumers, businesses less upbeat about US economy despite Trump’s hype Surveys show businesses and consumers are pessimistic about economic outlook as Trump completes 100 days in office.