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 · Jul 14, 2023
RBA lifer Michele Bullock may have the luck of playing good cop to Philip Lowe’s bad The Reserve Bank of Australia’s first female governor will begin her appointment at or very near the end of the cycle of rate rises The Guardian - AU · Jul 14, 2023
Stock market today: Asian shares buoyed by Wall Street's winning week as inflation eases Asian shares mostly surged Friday after Wall Street’s winning streak barreled into a fourth day, buoyed by the latest signal that inflation may be easing The Independent UK · Jul 14, 2023
Meet Michele Bullock, the RBA insider tasked with making the Reserve Bank more outward-looking as its next governor Australia’s next Reserve Bank governor, Michele Bullock – the first woman in the job – will take office in September at a time when much of the bank’s work in fighting inflation will be done and its focus will be on changing the way it operates. The Conversation · Jul 14, 2023
All political parties must clear their stand on UCC, says Raghavulu Raghavulu demands YSRCP, TDP, JSP clarify stand on UCC; CPI(M) leader calls for equality of women, protection of interests; deplores NDA's failure to control inflation. The Hindu · Jul 14, 2023
Will Pakistan’s IMF agreement save its economy? It could heIp Pakistan stabilise the economy, but might not improve the government’s popularity. Al Jazeera · Jul 14, 2023
Biden says the economy is booming. Some voters looking ahead to 2024 don't buy it Cindy Leonard took a break from the summer heat earlier this month to cool off on the water steps on Pittsburgh’s North Shore. The price was right, she said — free. “With the price of groceries going up, gas, electrical bills, you have to watch what you buy,” she said. Tribune News Service · Jul 14, 2023
DeSantis has hammered Biden on rising prices. Now Florida is an inflation hotspot. As he relentlessly accuses President Joe Biden and national Democrats of fueling rising costs and fiscal mismanagement, Florida Gov. Ron DeSantis is facing stubbornly high inflation in his own backyard. Miami Herald · Jul 13, 2023
Stocks Finish Higher as Easing Price Pressures Curb Interest Rate Concerns What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.73%. Stock indexes Thursday added to Wednesday’s gains, with the... Barchart · Jul 13, 2023
Stock Market Today: Stocks Extend Win Streak After Promising Inflation Data All three major indexes closed higher for a fourth straight day after this morning's June producer price index report. Kiplinger · Jul 13, 2023
Stock Futures Rise As Traders React To June Inflation Report Consumer prices grow at slowest rate since March 2021, boosting market confidence. Zenger · Jul 13, 2023
Bond Basics: Pick Your Type Bonds offer a variety of ways to grow wealth and fortify your portfolio. Learn about the types of bonds and how they work. Kiplinger · Jul 13, 2023
At the Races: Donate now, shop later - Roll Call The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter. Roll Call · Jul 13, 2023
The ‘money doctor’ says forget the ‘propaganda’—inflation is ‘history’ Johns Hopkins University economics professor Steve Hanke told CNBC Thursday that, with the money supply contracting, the inflation era is over. Fortune · Jul 13, 2023
Barchart · Jul 13, 2023 Inflation Falls to 3%: What Investors Can Expect Next The Consumer Price Index fell to its lowest point since March 2021, but does this mean Americans may experience another pause on interest rate hikes?
Zenger · Jul 13, 2023 US Inflation Slows More Than Expected, Raising Speculation On Fed’s Rate Hike Path Consumer price index drops to 3% in June, marking twelfth consecutive month of declining inflation
StockNews.com · Jul 13, 2023 3 Retail Stocks to Add to Your Portfolio Today Retail sales will likely remain steady this year amid easing inflation and resilient consumer spending. So, investors might consider buying retail stocks NEXT (NXGPY), MINISO Group Holding (MNSO), and Sally Beauty Holdings (SBH). Read on.
Reason · Jul 13, 2023 'Bidenomics' Is Nothing New It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
Barchart · Jul 13, 2023 Careful with LendingTree: Is the Optimism Warranted? Although sentiment toward LendingTree swung higher likely on an encouraging inflation read, TREE stock still presents a rough picture in the grand scheme of things.
Evening Standard · Jul 13, 2023 OPINION - Pay rises for public sector workers (but tax rises for all) So, the government has gone with option 1, sub-section c: accept the recommendations of the pay review bodies – with mostly no new money. This neatly avoids higher borrowing, inflation or taxation (more on that later), but means cash must be found from existing department budgets not exactly flush with…
The Independent UK · Jul 13, 2023 UK government offers millions of public sector workers pay hikes to end strikes The British government has offered millions of public sector workers pay raises in a bid to end an array of strikes
Evening Standard · Jul 13, 2023 What the public sector pay rises announced by Government mean for strikes, budgets and inflation The Government has announced significant pay increases for public sector workers of around 6% or more
The Independent UK · Jul 13, 2023 US wholesale prices for June point to further easing of inflation pressures Wholesale prices in the United States decelerated again last month, the latest sign that inflationary pressures are easing in the face of the Federal Reserve’s streak of interest rate hikes
The Guardian - UK · Jul 13, 2023 Fast-rising borrowing costs putting UK public finances at great risk, warns OBR Gloomy report says national debt could exceed 300% of GDP within next 50 years
The Week · Jul 13, 2023 Public-sector pay: where can Rishi Sunak find the cash to stop the strikes? The government is expected to announce today whether it will approve pay increases of 6-6.5% for public-sector workers.