‘We are burned out’: UAW ready to take on automakers in contract negotiations Amid record profits, workers want to roll back concessions made to auto industry after the 2008 economic recession The Guardian - US · Aug 21, 2023
How stubborn is inflation? A little-known formula might have the answer City Comment: Figures from the ONS say the “persistence” of inflation has barely moved since its peak earlier this year Evening Standard · Aug 21, 2023
Nadine Dorries accused of ‘abandoning’ constituents by local council urging her to resign immediately – as it happened Shefford becomes second town council in Mid Bedfordshire to say MP should resign because she is no longer doing her job properly The Guardian - UK · Aug 21, 2023
August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall The Independent UK · Aug 21, 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 · Aug 21, 2023
Data | Tomato inflation accelerated to 200% in July; Tamil Nadu, Andhra and Karnataka most hit Retail inflation of tomatoes surged to over 200% in July, pushing up vegetable inflation to 37%. This, in turn, drove food and beverage inflation to 10.5%, the highest in 40 months. This was the major reason behind the sharp rise in retail inflation (7.4%) in July, the highest in 15… The Hindu · Aug 21, 2023
Stock market today: Asian stocks mixed as traders await Fed conference for interest rate update Asian stocks are mixed as traders look ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation The Independent UK · Aug 21, 2023
You don't have to be an economist to know Australia is in a cost of living crisis. What are the signs and what needs to change? This article is part of The Conversation’s series examining Australia’s cost of living crisis. The Conversation · Aug 20, 2023
Pulses prices may spiral as deficient rain mars sowing While a 37% surge in vegetable prices had fired up retail inflation to a 15-month high of 7.4% in July 2023, prices of pulses have also risen sharply in recent months, speeding to 13.3% in July from 10.6% in June. The Hindu · Aug 20, 2023
The Guardian view on Rishi Sunak’s priorities: they’re not working Editorial: Whether it is on the economy, the NHS or small boats, the prime minister is failing to meet the targets by which he said his government should be judged The Guardian - UK · Aug 20, 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 · Aug 20, 2023
August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall The Independent UK · Aug 20, 2023
Vegetable prices likely to cool down next month, says Finance Ministry Govt expects veg prices to cool off; crude oil prices a concern; no excise duty cut; capital expenditure to reach 50% by Sept; govt taking steps to control inflation; flexible trade policy adopted to keep prices down; interventions to cool tomato prices; retail inflation at 7.44% in July. The Hindu · Aug 20, 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 · Aug 19, 2023
The Independent UK · Aug 19, 2023 August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall
Fortune · Aug 18, 2023 Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’ “It’s almost guaranteed to be wrong,” the GMO cofounder told Bloomberg of the Fed’s soft-landing forecast Thursday. “They have never called a recession.”
StockNews.com · Aug 18, 2023 3 Restaurant Stocks to Hold Long-Term Despite inflationary pressures, Americans’ appetite for dining out has remained stronger than ever. Investors seeking to savor long-term growth could consider investing in prominent restaurant stocks like Starbucks (SBUX), Domino’s (DPUKY), and Biglari Holdings (BH) to capitalize on the industry’s resilience. Continue reading….
Fortune · Aug 18, 2023 Why is the stock market reeling? The Fed is now risking an unnecessary crash landing, according to a noted economist "I would have expected that the Fed's language around rate hikes would have softened as we got closer to the its goal, but that hasn't happened," says economist Will Luther.
The Hindu · Aug 18, 2023 Kerala CM accuses Centre of failing to rein in prices Kerala CM Pinarayi Vijayan accused Centre of neglecting price rise, claiming Kerala had lowest inflation due to State's market intervention. He praised Supplyco for its people-friendly approach, and Ministers launched sale of goods & rebranded Sabari products.
The National (Scotland) · Aug 18, 2023 GERS shows 'stark evidence of UK mismanagement of Scottish economy', says report THE latest GERS figures provide “stark evidence” of the consequences of the UK Government’s mismanagement of the Scottish
Zenger · Aug 18, 2023 The Inflation Reduction Act Turns 1 Year Old: Biden Aims To Rekindle American Dream The Inflation Reduction Act's first anniversary was commemorated in the White House.
StockNews.com · Aug 18, 2023 Vanguard FTSE Emerging Markets ETF (VWO) and Global X Emerging Markets Internet & E-Commerce ETF (EWEB): Buy, Hold, or Sell? Stocks broadly have been retreating in August after the best seven months of the year, with rising worries over elevated interest rates weighing on sentiment. Amid this, should you buy, hold, or sell Vanguard FTSE Emerging Markets ETF (VWO) and Global X Emerging Markets Internet & E-commerce ETF (EWEB) now?…
Zenger · Aug 18, 2023 Fitch Flags Major Credit Risks Amid Sticky Inflation And High Interest Rates: Bond Market Turmoil Persists Fitch Ratings emphasizes that the foremost concern for the global credit landscape remains centered on persistently high inflation
The Independent UK · Aug 18, 2023 Stock market today: Asian shares mostly decline after Wall Street drops on higher bond yields Asian shares have slipped as rising yields in the bond market on Wall Street set off expectations that high interest rates would continue in the U.S. Benchmarks fell in Tokyo, Hong Kong, Shanghai and Seoul, and were little changed in Sydney
The Independent UK · Aug 18, 2023 August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall