Australian shares extend losses ahead of US data The ASX200 has fallen for the third straight session, with financials and mining stocks weighing heavily on the market. AAP · Nov 13, 2024
Democrats begin to pick up the pieces after their disastrous 2024 From inflation and the cost of living to focusing on workers’ rights, Democrats are trying to figure out where they go from here The Independent UK · Nov 13, 2024
Australians’ wages increase faster than inflation for fourth quarter running ABS confirms wage price index rose an annual rate of 3.5% in September quarter, bringing some relief to households battling cost of living pressures The Guardian - AU · Nov 13, 2024
The Election Wasn't a Realignment—or a "Mandate" Trump's victory was narrow and largely caused by public anger at inflation and price increases. Reason · Nov 12, 2024
Stock Market Today: Stocks Retreat on Renewed Inflation, Interest Rate Questions Stocks were lower and yields were higher on Tuesday, with markets reflecting the uncertain transition from campaign promises to real-world policies. Kiplinger · Nov 12, 2024
Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years Argentina’s inflation has slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei The Independent UK · Nov 12, 2024
Dollar Supported by Rising T-Note Yields The dollar index (DXY00 ) Tuesday rose by +0.47% and posted a 4-1/4 month high. Higher T-note yields Tuesday strengthened the dollar’s interest rate differentials and boosted the dollar. Comments Tuesday from Richmond Fed President Barkin supported the dollar when he said the US economy looks "pretty good." The dollar... Barchart · Nov 12, 2024
This year has been masterclass in human destruction, UN chief tells Cop29 António Guterres says global heating is super-charging disasters while climate official warns of ‘inflation on steroids’ The Guardian - UK · Nov 12, 2024
Pay growth running faster than price rises Workers have logged another quarter of real wage growth that, thankfully, is not strong enough to push back interest rate cuts. AAP · Nov 12, 2024
Cabin crew workers with Scottish airline secure pay rise above inflation WORKERS at a Scottish regional airline have secured a pay rise above inflation ... The National (Scotland) · Nov 12, 2024
Stock Index Futures Muted as Trump Rally Pauses, U.S. Inflation Data and Fed Speak Awaited December S&P 500 E-Mini futures (ESZ24) are down -0.09%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.14% this morning as investors assessed the potential policy impact of Donald Trump’s cabinet selections, while also awaiting comments from Federal Reserve officials, the next round of quarterly results, as well as… Barchart · Nov 12, 2024
Stock Market Soars As Trump Returns To White House Stock market surges post-Trump's return, driven by optimism but with concerns over inflation and bond yields. Top News · Nov 12, 2024
Fact check: Are weekly wages in the US ‘lower than 50 years ago’? No. Senator Sanders’s data relies on a blip in 1973. Economists show wages are actually higher now than 50 years ago. Al Jazeera · Nov 12, 2024
Stock Index Futures Fall as Trump Rally Pauses, U.S. Inflation Data and Fed Speak Awaited December S&P 500 E-Mini futures (ESZ24) are down -0.20%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.21% this morning as investors assessed the potential policy impact of Donald Trump’s cabinet selections, while also awaiting comments from Federal Reserve officials, the next round of quarterly results, as well as… Barchart · Nov 12, 2024
Evening Standard · Nov 12, 2024 Grocery inflation rises again as household supermarket trips hit four-year high Supermarket prices were 2.3% higher than a year ago in October, up slightly on September’s 2% increase, Kantar said.
The Independent UK · Nov 12, 2024 Grocery inflation rises as supermarket trips hit four-year high Households are already stocking up for Christmas
The Guardian - UK · Nov 12, 2024 UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low
Evening Standard · Nov 12, 2024 Wage growth slows further as unemployment rises – ONS The ONS said average regular earnings growth eased back to 4.8% in the three months to September.
Barchart · Nov 11, 2024 Dollar Rallies and Gold Slumps on President-Elect Trump’s Policies The dollar index (DXY00 ) Monday rose by +0.50% and posted a 4-1/4 month high. Hawkish comments from Minneapolis Fed President Kashkari boosted the dollar when he said US economic strength and higher productivity could prompt the Fed to cut rates less than expected. Also, the dollar is extending last...
AAP · Nov 11, 2024 Coles calls out 'politicisation' of cost of living Politicians are unfairly attacking supermarket chains to provide answers to difficult questions about inflation, grocery giant Coles says.
The Conversation · Nov 11, 2024 Trump voters said they were angry about the economy – many of them had a point Inflation has slowed down, and real incomes – typical wages adjusted for inflation – have bounced back to levels last seen before the COVID-19 pandemic.
The Conversation · Nov 11, 2024 Soaring inflation helped lead Trump to victory – here’s why some of his policies might drive prices higher again President-elect Donald Trump owes his political comeback in large part to voters’ concerns over the soaring price of everything from gasoline and housing to coffee and bagels.
Latin Times · Nov 11, 2024 Trump's Tariffs Could Hurt Long-Term Inflation, Warns Fed's Kashkari Federal Reserve President Neel Kashkari cautioned that if the tariffs trigger a tit-for-tat response, it could create significant challenges and uncertainty.
Top News · Nov 11, 2024 Americans Hope For Trump To Address Economy And Inflation Americans express hopes and concerns for Trump's post-election agenda, focusing on economy, inflation, and presidential engagement.
International Business Times · Nov 11, 2024 Trump's Tariffs Could Create Long-Term Inflation, Warns Fed's Kashkari The Federal Reserve's Neel Kashkari cautioned that if the tariffs trigger a tit-for-tat response, it could create significant challenges and uncertainty.