UK Treasury chief says he'll hike the minimum wage but rules out tax cuts while inflation stays high Britain’s Treasury chief is announcing a hike in the national minimum wage The Independent UK · Oct 2, 2023
Hunt rules out big tax cuts despite Tory calls for pre-election giveaway The Chancellor said cuts this year would ‘compromise’ the battle against inflation. The Independent UK · Oct 2, 2023
Kenya’s Economy Struggles With Rising Inflation And Depreciating Shilling Inflation rates soar, fuel and food prices spike, as Kenya grapples with economic challenges. Zenger · Oct 2, 2023
Why hard-right libertarian Javier Milei wants to dollarise Argentina’s economy Javier Milei, the "anarcho-capitalist" presidential candidate who took the lead in the August primaries with his "Liberty Advances" political coalition, owes much of his electoral success to his promise to dollarise the Argentine economy. Disoriented by hyperinflation and rising poverty, many Argentinians see the adoption of the US dollar as… France 24 · Oct 2, 2023
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted Asian shares are mostly higher in thin trading with many markets closed for holidays The Independent UK · Oct 2, 2023
UK admits extra £330m a year in charges for post-Brexit animal and plant imports Labour’s Stella Creasy elicits confirmation of higher charges to firms, which some say risk further fuelling food inflation The Guardian - UK · Oct 1, 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 1, 2023
As Britain’s town hall services crumble, the case for reform is overwhelming Local government has been steadily squeezed by austerity, inflation and centralisation. Greater devolution is needed The Guardian - UK · Oct 1, 2023
Sunak claims cutting inflation ahead of tax cuts the Thatcherite and ‘deeply Conservative’ thing to do The Prime Minister suggested his approach is in line with ‘great Conservative governments’ of the past Evening Standard · Oct 1, 2023
Sunak defends focus on halving inflation amid Tory clamour for tax cuts The Prime Minister suggested his approach is in line with ‘great Conservative governments’ of the past. The Independent UK · Oct 1, 2023
Rishi Sunak repeatedly dodges questions on the future of HS2 Manchester link up RISHI Sunak repeatedly dodged questions on whether HS2 will run to Manchester during a car crash TV interview. The National (Scotland) · Oct 1, 2023
Sunak resists calls to announce pre-election tax giveaway to boost Tory hopes The Prime Minister insisted his approach of prioritising measures to tackle inflation would help hard-pressed households. The Independent UK · Oct 1, 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 · Sep 30, 2023
September dates for benefits, pensions and cost of living payments Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders The Independent UK · Sep 30, 2023
Fortune · Sep 30, 2023 5 economic shocks are about to hit the U.S. all at the same time: ‘There are storm clouds out there forming that we're all seeing and watching—fearfully’ Jerome Powell was asked if he shares the Fed staff’s view that the economy is headed for a soft landing last month. “No, I would not do that,” he said.
The Guardian - UK · Sep 29, 2023 Sandwich price shocks but meal deal costs rise less than average food inflation Pret a Manger’s ‘posh’ cheese and pickle sandwich grabbed headlines for its £7.15 price tag, but it’s not all gloom
Barchart · Sep 29, 2023 Stocks Fade Early Gains on Hawkish Fed Comments What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.08%. Stocks on Friday settled mixed. Signs of deceleration...
Barchart · Sep 29, 2023 Dollar Falls Slightly on Lower Bond Yields and Dovish U.S. Inflation News The dollar index (DXY00 ) on Friday fell by -0.06%. The dollar on Friday posted modest losses. Weaker than expected U.S. economic news on Aug personal spending and Sep MNI Chicago PMI weighed on the dollar. Also, dovish U.S. inflation news Friday knocked T-note yields lower and weighed on the...
Barchart · Sep 29, 2023 Will Slowing Eurozone Inflation Allow the ECB to Pause Rate Hikes? Economic news today showed a slowdown in Eurozone consumer prices that may allow the European Central Bank (ECB) to pause its interest rate hiking campaign. Eurozone Sep CPI eased to +4.3% y/y from +5.2% y/y in Aug, better than expectations of +4.5% y/y and the slowest pace of increase in...
Barchart · Sep 29, 2023 Stocks Gain as Global Inflation Decelerates What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.06%. Stocks this morning are moderately higher. Signs of deceleration...
Barchart · Sep 29, 2023 This Dow Stock is Still a Great Buy Near 52-Week Highs Walmart stock has continued to thrive amid questionable economic conditions. Expect more of the same.
Barchart · Sep 29, 2023 Markets Today: Stocks Climb on Dovish Global Inflation News Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.71%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.98%. Stock index futures this morning are moderately higher. U.S. stock futures are climbing on carryover support from a rally in European stocks after today’s news showed...
The Independent UK · Sep 29, 2023 Higher gas prices lift Fed's preferred inflation gauge but underlying price pressures remain mild An inflation gauge closely tracked by the Federal Reserve accelerated in August, boosted mainly by higher gas prices
The Guardian - UK · Sep 29, 2023 We have all felt powerless as poverty mounts in Tory Britain. Here is a practical way to hold back the tide Help with bills via a social tariff would hark back to the success of the Covid universal credit uplift, writes Polly Toynbee
Kiplinger · Sep 29, 2023 The Benefits of I Bonds vs EE Bonds to Store Your Savings All of the information you'll need to choose between Series I and EE savings bonds is right here.