The Latest Breaking News from Inflation

Sunak says unaffordable pay rises are ‘short-sighted’ amid Cabinet pressure

The Prime Minister was facing calls to accept the public sector pay rises recommended by the independent review bodies.

The Independent UK · Jul 8, 2023

UK tax cuts unlikely before election, says Jeremy Hunt

Chancellor calls on firms to tackle high prices as government remains far from pledge of halving inflation to 5%

The Guardian - UK · Jul 8, 2023

Chancellor downplays tax cuts and admits calming inflation tougher than feared

The Chancellor said he must ‘double down’ to bring down prices rather than increase demand in the economy

Evening Standard · Jul 8, 2023

Dollar Drops as U.S. June Payrolls Rose Less Than Expected

The dollar index (DXY00 ) Friday fell by -0.86% and posted a 2-week low. Friday’s weaker-than-expected U.S. Jun nonfarm payrolls report weighed on the dollar. Also, strength in the yen undercut the dollar after the yen rallied to a 2-week high against the dollar Friday on signs of wage pressures...

Barchart · Jul 7, 2023

The job market is cooling but still surprisingly strong. Is that a good thing?

U.S. employers added 209,000 jobs in June. That's a solid number, but fewer than the month before. Here are the 5 things we took away from the report.

WEKU · Jul 7, 2023

Stocks Higher After June's U.S. Payroll Report

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.9%. Stocks are higher after the U.S. June payrolls report...

Barchart · Jul 7, 2023

Is Walgreens Boots Alliance (WBA) a Buy, Sell, or Hold This Month?

Drug store operator Walgreens Boots Alliance (WBA) expects to face a drop in its sales due to inflationary pressures. However, given its efforts to streamline operations, should investors buy, sell, or hold the stock this month? Let’s look at its key financial metrics trends to gauge its performance….

StockNews.com · Jul 7, 2023

Jobs Report Shows Pace of Hiring Slowed Sharply in June: What the Experts Are Saying

A mixed jobs report won't keep the Fed from raising interest rates later this month, the pros say.

Kiplinger · Jul 7, 2023

Employers slowed hiring but still added a solid 209,000 jobs in June in sign of economy’s resilience

The June hiring figure showed a small increase, but many companies like Rockford-based firm Fehr Graham are still looking to staff up.

Chicago Sun-Times · Jul 7, 2023

Missions v priorities: how Starmer’s policy goals compare with Sunak’s

As the Labour leader completes his key pledges, we compare them with the prime minister’s – and assess how firm they are

The Guardian - UK · Jul 7, 2023