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The Latest Breaking News from Inflation

Grocery Prices Show Signs Of Stabilizing Amid Inflation Concerns

Former President Trump raises concerns about food inflation under President Biden, but recent data shows easing price pressures.

Top News

Top Fed official says he’s open to a rate cut sooner rather than later amid slowing inflation

Atlanta Fed President Raphael Bostic said waiting to cut rates is risky.

Fortune

Vice President Harris Targets Rising Food Prices

Vice President Kamala Harris addresses high food prices, advocating for a federal ban on price gouging to combat inflation in the US.

Top News

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Building costs in the frame for ongoing housing crisis

The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.

AAP

Harris is zeroing in on high food prices as inflation remains a big issue in the presidential race

Vice President Kamala Harris is zeroing in on high food prices as inflation remains a big issue in the presidential race

The Independent UK

Biden deal to lower prescription drug costs will save taxpayers $6bn next year, Democrats say

Biden administration announced the first 10 medications that will be impacted by the deal

The Independent UK

Medicare costs significantly lowered on popular prescription drugs for cancer, diabetes, heart disease and arthritis

The negotiated drugs include those that are frequently dispensed as well as those that are the most expensive.

Fortune

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Walmart boosts outlook for the 2024 with bargains proving a powerful lure for the inflation weary

Walmart Inc. reported another quarter of strong results Thursday as inflation-weary shoppers continue to be drawn to its low prices as they grapple with still high prices on everything from rent to groceries

The Independent UK

Politics with Michelle Grattan: Jim Chalmers flags deal on Reserve Bank’s new structure is close

Cost of living remains at the top of people’s minds as inflation stays sticky. With an election in less than a year, the government has been doing what it can to address some of the pressures. But the Reserve Bank doesn’t envisage an interest rate cut this year, and has…

The Conversation

Kroger's Under Investigation For Digital Shelf Labels: Are They Changing Prices Depending On When People Shop?

Kroger faces backlash over rapid price hikes, adding to financial burdens for consumers already struggling with soaring grocery costs.

International Business Times UK

Labour ‘putting rail passengers first’, says minister as she blames Tories for prolonging strikes – as it happened

Louise Haigh says she hopes three-year pay deal offered to train drivers will resolve strikes

The Guardian - UK

Does strong economic growth so far in 2024 bode well for Rachel Reeves? Don’t count on it

GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be tough

The Guardian - UK

Asian Shares Rise After U.S. Inflation Update And Japan's Growth

Asian shares rise on positive U.S. inflation data and Japan's economic growth, with markets showing gains. Japan's economy grows at 3.1% annual rate in Apr...

Top News

Asian Stocks Follow Wall Street Climb

Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan outpaced expectations.

International Business Times

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The Independent UK

Asian shares trade higher after Wall Street rise and Japan GDP data show growth

Asian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth

Fortune

The Mars-Kellanova merger bolsters them against 2 big threats—inflation and Ozempic

“Snacking is very driven by impulse. It's very driven traditionally, by indulgence,” one analyst said.

The Guardian - AU

NSW introduces legislation to overhaul environmental offset scheme – as it happened

This blog is now closed.

Top News

JD Vance Blames Kamala Harris For Economic Struggles

Ohio Sen. JD Vance criticizes Vice President Kamala Harris for economic struggles and inflation concerns in a press conference, highlighting contrasting vi...

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news in one place.

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Top News

Donald Trump Vows To Combat Inflation By Terminating Green New Deal

Former President Trump outlines plans to combat inflation by terminating the Green New Deal and redirecting funds to infrastructure, emphasizing fiscal res...

Barchart

Good Inflation Numbers and Hints of Lower Interest Rates Support the Stock Market's Seasonal Rally

Recently released inflation numbers were tamer than expected, leading market participants to anticipate the Fed will cut rates at their next meeting. The stock market's seasonal buy will use this bullish information as wind to its back. The recent selloff in the stock market created an opportunity for bullish investors.…

Top News

Understanding The Impact Of Deflation On The Economy

Explore the complexities of managing consumer price inflation and the risks associated with deflation in the economy. Understand the importance of sustaina...

Al Jazeera

US inflation slows in July, clearing way for a cut in interest rates

The annual increase in inflation slowed to below three percent for the first time in nearly 3.5 years.

StockNews.com

3 Dividend Growth Stocks With Double-Digit Hikes

In times of economic uncertainty, dividend growth stocks are a smart choice because they offer stable income, inflation protection, and potential for rising dividends, which provides stability in a fluctuating economy. Therefore, investors might consider buying dividend growth stocks like Visa (V), Mastercard (MA), and Costco Wholesale (COST), with double-digit…

Top News

U.S. Consumer Price Index Shows Deceleration In Inflation Rates

Latest U.S. CPI data shows a slight decrease in inflation rates, still above target. Uncertainty remains regarding potential interest rate cuts by the Fede...

Kiplinger

July CPI Report Supports September Easing: What the Experts Are Saying About Inflation

The continued downtrend in inflation raises the odds for a September rate cut from the Federal Reserve.

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