The Latest Breaking News from Inflation

Tesco says food inflation falling as it cuts price on 2,500 items

Average 12% reduction comes as more affordable own-brand products introduced in Express stores

The Guardian - UK · Oct 4, 2023

Companies surprisingly busy despite slowing economy

The Australian services sector continues to bring in a lot of new business even as interest rates remain high and consumers start to pull back.

AAP · Oct 4, 2023

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

The Independent UK · Oct 4, 2023

Former SoftBank Exec Launches Stablecoin Backed By UAE Dirham

Akshay Naheta's company, DTR, aims to protect individuals from high inflation in emerging markets.

Zenger · Oct 3, 2023

Stocks Tumble as Bond Yields Soar on U.S. Labor Strength and Hawkish Fed

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.95%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.34%. Stocks this morning are sharply lower, with the S&P...

Barchart · Oct 3, 2023

Older millennials are in 'a constant perpetuating state of playing catch up,' making them the most financially stressed of any age group

"Some generations get lucky, and some don’t."

Fortune · Oct 3, 2023

Markets Today: Stocks Decline as Bond Yields Soar

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.61%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.76%. Stock index futures this morning are moderately lower, weighed down by rising bond yields. Comments late Monday from Cleveland Fed President Mester pushed bond yields higher...

Barchart · Oct 3, 2023

Russian rouble briefly returns to ‘laughing stock’ level that prompted emergency interest rate hikes last time

The Russian rouble has faced volatility since the Ukraine war kicked off—now there's inflation, shrinking current account surplus and more to worry about.

Fortune · Oct 3, 2023

Greggs keeps prices on hold as sales leap and it opens new shops

Britain’s biggest bakery chain says cost inflation is easing, although staff costs are rising

The Guardian - UK · Oct 3, 2023

London Underground strikes this week called off; pound hits six-month low against dollar – as it happened

RMT says planned strike action by over 3,000 members at London tube stations on Wednesday 4th and Friday 6th October will not go ahead.

The Guardian - UK · Oct 3, 2023