The stagflation nightmare of the 1970’s could rear its ugly head again to take a toll on Americans’ wallets and livelihoods The combination of slow growth and high inflation is now a possibility, say experts. Fortune · Mar 6, 2025
Construction activity tumbles to lowest level since pandemic The fall was driven by steep declines in housing and civil engineering, while cost inflation also hit its highest point in nearly two years. Evening Standard · Mar 6, 2025
Business group slashes UK growth forecasts for the “long and challenging" year ahead BCC economists expect inflation and interest rates to stay higher than previously forecast Evening Standard · Mar 6, 2025
Stock market today: Asian shares rebound after Trump pullback on some tariffs cheers investors Asian shares are mostly higher, tracking a rebound on Wall Street after President Donald Trump pulled back on some of his tariffs The Independent UK · Mar 6, 2025
Debate Over Rates Pause Mounts As ECB Set To Cut Again Massive German spending pledges and uncertainty caused by US trade policy are fuelling expectations the European Central Bank could on Thursday signal that a pause in interest rate cuts is in sight, analysts said. International Business Times · Mar 6, 2025
Nigeria reduces inflation rate, but the cost of living remains high – here’s why Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80% to 24.48%. The Conversation · Mar 5, 2025
Fact check: President Donald Trump’s speech to Congress In his Congress speech, Trump made claims about Mexico’s extradition of drug lords, aid to Ukraine and immigration. Al Jazeera · Mar 5, 2025
Chancellor plans sweeping welfare cuts amid tariffs warning, higher inflation and increasing borrowing costs A minister has defended the proposals saying there is a ‘moral case’ for cutting Britain’s welfare bill Evening Standard · Mar 5, 2025
Price of butter, cheese, eggs, and bread to skyrocket in UK Supermarket shoppers have been warned over food prices rising at the third fastest monthly rate in a year. The National (Scotland) · Mar 5, 2025
Is a Long-Term CD the Best Option for Saving? CDs offer good rates and guaranteed returns. However, are they the best option for longer range savings goals? Kiplinger · Mar 5, 2025
The Impact of Inflation on Savings and Investments Inflation is often described as the silent thief of wealth, gradually eroding the purchasing power of money over time. Whether you're saving for a home deposit, investing for retirement, or simply growing your wealth, understanding how inflation affects savings and investments is crucial to making smart financial decisions. inkl · Mar 5, 2025
From immigration figures to the tariff fallout: Trump’s Congress address fact-checked The nearly 100 minute address highlighted many of the president’s initiatives, from an immigration crackdown to tariffs and energy policy The Independent UK · Mar 5, 2025
NZ Reserve Bank governor Adrian Orr quits unexpectedly New Zealand's top central banker, Adrian Orr, has left the post after seven years in the job and inflation back in the target band. AAP · Mar 5, 2025
Trump’s tariffs unleash ‘existential fight’ for Canada Even if blanket tariffs are revoked, more tailored levies are likely to persist, stoking inflation, analysts say. Al Jazeera · Mar 5, 2025
AAP · Mar 4, 2025 RBA deputy denies rate cut contradicted own forecasts The Reserve Bank board did not disagree with its own staff over its inflation forecast as some commentators have suggested, deputy governor Andrew Hauser says.
Latin Times · Mar 4, 2025 Trump's Secretary of Agriculture: Raise Chickens Like I Do to Combat Surging Egg Prices Trump administration Secretary of Agriculture Brooke Rollins recently addressed rising egg prices, suggesting that Americans struggling to cope with inflation should begin maintaining backyard coops and produce their own eggs.
Salon · Mar 4, 2025 Why are potato chips still so pricey? Inflation-weary consumers are turning to cheaper, generic chip options over their favorite brand-names
The Conversation · Mar 4, 2025 Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers The 50 American individuals and couples who gave or pledged the most to charity in 2024 committed US$16.2 billion to foundations, universities, hospitals and more. That total was 33% above an inflation-adjusted $12.2 billion in 2023, according to the Chronicle of Philanthropy’s latest annual tally of these donations. Media mogul…
Evening Standard · Mar 4, 2025 Grocery price inflation holds steady amid warnings of rises later in year Grocery price inflation has remained at 3.3% after falling from 3.7% in December – its highest level since last March, according to analysts Kantar.
Evening Standard · Mar 4, 2025 The great rental slowdown? London rent rises shrink (for now) ahead of anticipated reforms With London rents up 1.1 per cent, tenants in the capital now pay an average of £2,166pcm
Evening Standard · Mar 4, 2025 Food prices rise at third fastest monthly rate in a year Breakfast, in particular, got more expensive as butter, cheese, eggs, bread and cereals all saw price hikes.
Fortune · Mar 3, 2025 Treasury Secretary Scott Bessent sees inflation plummeting to the Federal Reserve’s 2% target despite Trump’s tariffs Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working everyday to lower prices, and China would eat any tariffs.
Top News · Mar 3, 2025 Eurozone Inflation Eases, ECB Likely To Cut Rates European inflation drops to 2.4% in February, signaling potential ECB rate cut and economic concerns.
Fortune · Mar 3, 2025 Warren Buffett says tariffs leave consumers footing the bill: ‘The tooth fairy doesn’t pay ’em’ Warren Buffett isn’t one to wade into politics, but as an outsider warned tariffs are likely to prove inflationary.
The Conversation · Mar 3, 2025 Nigeria’s 2025 budget has major flaws and won’t ease economic burden There are doubts as to whether Nigerian president Bola Tinubu’s N54.99 trillion (US$36.6 billion) 2025 budget will lay a solid foundation for addressing some of the country’s current economic challenges.