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The Latest Breaking News from Inflation

Wages are finally on the way up, but there’s a long way to go before workers feel relief

After three brutal years for households, concerns higher wages would drive up inflation and thus interest rates appear overblown

The Guardian - AU

Economic Forecast 2024: Interest Rates, Job Market, And Inflation

Explore key economic factors for 2024 and strategies for businesses to navigate changing conditions effectively.

Top News

Australia records 4.2% annual wage growth, outstripping inflation for the first time in three years

Treasurer says highest annual growth since 2009 ‘encouraging’ but expresses concern over non-compete clauses for employees

The Guardian - AU

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Canada's Inflation Rate Slows To 2.9% In January

Canada's annual inflation rate decreased to 2.9% in January due to lower gasoline prices and air transportation costs, prompting considerations for long-te...

Top News

UK shows signs of recovery from mild recession, says Bank of England

Bank’s governor predicts Britain’s economy will receive a boost when interest rates start to fall later this year

The Guardian - UK

Global Shares Mixed As Chinese Markets Reopen After Holiday

Global shares show mixed performance as China reopens markets post Lunar New Year break. Central bank rate decisions and inflation concerns impact investor...

Top News

Voters may at last be coming round to Biden’s sunny view of the economy

America’s robust economic indicators under the president have not been reflected in opinion polls – but that could be changing

The Guardian - US

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Inflation Up 18% Under President Biden, Voters Prefer Trump Economy

Senator Warren struggles to explain why voters prefer Trump's economic policies over Biden's, citing uncertainty. Factors include deregulation, trade agree...

Top News

“The higher end the guitar, the more robust the demand is”: Why are guitars getting more expensive? We spoke to the world’s biggest guitar companies to find out

From $50k acoustics to eye-watering ‘premium offshore’ prices, the cost of big-name new guitars has felt like it’s spiraling. So how did we get here? And how do we get out of it?

Guitar World

Australia Central Bank Cautious On Inflation Decline

RBA minutes reveal cautious stance on inflation and commitment to supporting economic stability.

Top News

BHP Reports Flat First-Half Profit; Warns Of Inflation Impact

BHP reports stable financial performance in first half amidst inflation and interest rate concerns.

Top News

Mexican Inflation Expected To Decrease In Early February

Recent reports indicate a projected slowdown in headline inflation in Mexico, offering potential economic stability. Lower inflation rates can benefit cons...

Top News

Protests in Goma as DR Congo accuses Rwanda of 'drone attack'

In tonight's edition: Over the weekend, Kinshasa accused Rwanda of using a drone to attack a plane at an airport near Goma, in eastern DR Congo. Protesters have now taken to the streets of Goma as tensions escalate. Also, Somali terror group Al Shabaab says that two Cuban hostages abducted…

France 24

Australia’s employers expect wages to grow faster than inflation in 2024, survey finds

Report says workers can expect to earn 3.7% more by the end of the year, up from 2.6% annual growth expected three months ago

The Guardian - AU

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Swedish January inflation meets expectations; rate cut anticipated

Learn about Sweden's rising inflation in January, meeting expectations. A rate cut is predicted for mid-year. Stay informed on economic trends!

The Guardian - UK

Bank of England ‘risks worsening UK recession if no interest rate cuts soon’

Former chief economist Andy Haldane says keeping rates high could ‘crush the economy’

International Business Times

Stocks And Bonds Come Off A Volatile Week On Fears Of Stagflation - What Is Next?

The S&P 500 ended the week at 5,005.57, down 0.30% for the week; the Dow Jones at 38,627.99, down 0.50%; the tech-heavy Nasdaq at 15,775.65, down 1.10% and the small-cap Russell 2000 at 2032.74, down 0.60%.

The Times of India

How Russia-Ukraine war is boosting US economy, defense industry

India has been facing criticism from policymakers in the US and West for trying to profit from the Ukraine war as it emerged as one of the key buyers of cheap Russia oil in the wake of Western sanctions. External affairs minister S Jaishankar had, time and again, defended India's…

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International Business Times

Asia Stocks Mixed As China Enjoys Lunar New Year Bump

Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.

Top News

Higher-than-expected consumer inflation impacts stock market and interest rates

Stay informed on the latest consumer inflation data, stock market trends, and earnings reports with insightful analysis and expert commentary.

Latin Times

Navigating Foreclosure and Eviction: A Vital Guide Amid Rising Inflation

A comprehensive guide on what to do if you are facing a foreclosure or an eviction

Reason

The Sindex: Cigarette Prices Outpacing Inflation

The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.

The Guardian - UK

Desperate Egypt sells off historic hotels as it dives deeper into debt

Amid biting austerity and rising inflation, the al-Sisi government is off-loading assets – some to a convicted murderer with Emirati cash

Barchart

Stocks Finish Lower as Sticky Price Pressures Dampen Rate Cut Hopes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.90%. Stocks on Friday posted moderate losses. Stocks were...

Kiplinger

Stock Market Today: Stocks Close Lower Ahead of Long Holiday Weekend

The main indexes finished in negative territory Friday following another disappointing inflation reading.

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