Facing revolt, GOP spares ethanol in drive to cut spending House Republicans are touting their debt limit package as a first step toward fiscal restraint The Independent UK · Apr 29, 2023
Consumers hold recession fears at bay Heightened worries about the strength of consumers and the global economy have been put on hold -- at least for now -- after some of the world's best-known companies delivered a slew of better-than expected numbers. Bangkok Post · Apr 29, 2023
Pay rise comes for New Yorkers, but some chafe at compromise A deal to raise the minimum wage in New York will keep the state on the list of places with the highest base pay for low-paid workers The Independent UK · Apr 28, 2023
Strong Earnings Results Boost Stocks What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.65%. Stock indexes Friday posted moderate gains, with the S&P... Barchart · Apr 28, 2023
Stock Market Today: Stocks Swing Higher After Amazon Earnings, Inflation Data The major indexes finished the week higher despite Amazon's warning on cloud growth and mixed inflation data. Kiplinger · Apr 28, 2023
Michael Pascoe: How the RBA is making inflation worse Is there a better example of the deficiencies of monetary policy than the RBA prolonging higher rent inflation by lifting rates to theoretically reduce inflation? The New Daily · Apr 28, 2023
Gehlot on whirlwind tours of districts to ensure success of inflation relief camps Assembly elections are due in Rajasthan this year The Hindu · Apr 28, 2023
Biden Is Rewriting the Rules on Trade—and Americans Should Be Worried The administration is doing a sneaky end run around the Inflation Reduction Act. Foreign Policy · Apr 28, 2023
The Federal Reserve and the art of navigating a soft landing ... when economic data sends mixed signals With inflation easing and the U.S. economy cooling, is the Federal Reserve done raising interest rates? After all, gently bringing down the trajectory of prices without crashing the economy was the central bank’s objective when it began jacking up rates over a year ago. The Conversation · Apr 28, 2023
Foreign Tourism to Portugal Has Best First Quarter Ever The number of foreign tourists visiting Portugal surpassed 2.8 million from January through March, making it the best first quarter on record despite high global inflation and interest rates, data from the National Statistics Institute (INE) showed on Friday. Measuring only foreigners staying in Portuguese hotels, the number by far… Asharq Al-Awsat · Apr 28, 2023
Stocks Push Higher on Strength in Corporate Earnings What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. U.S. stock indexes this morning are moderately higher, with... Barchart · Apr 28, 2023
Markets Today: Stocks Continue Their Rally Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.46%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.40%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.30%. U.S. stock indexes are moderately higher,... Barchart · Apr 28, 2023
Inflation is killing Americans’ retirement dreams Inflation and a volatile stock market are shaking retirement confidence. Half of retirees say they are spending more than they planned to. Fortune · Apr 28, 2023
DWP advice on important changes to payments, tax credits and inflation in May These are some of the dates to look out for in May Belfast Live · Apr 28, 2023
The Independent UK · Apr 28, 2023 A key inflation gauge tracked by Fed remained high in March A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year
Barchart · Apr 28, 2023 S&P Futures Tick Lower Ahead of Key U.S. Inflation Data June S&P 500 futures (ESM23) are trending down -0.33% this morning after three major U.S. benchmark indices rallied on Thursday as technology stocks continued to shine, while investors braced for a reading on the Federal Reserve’s preferred inflation gauge.
The Independent UK · Apr 28, 2023 Europe's economy ekes out slight growth at start of 2023 The European economy has scraped out meager growth of 0.1% in the first three months of the year
Chronicle Live · Apr 28, 2023 All the money changes coming in May including DWP benefit payments and cost announcements See if any of these changes, such as Ofgem's price cap announcement and benefit payment dates, will affect your personal finances
Fortune · Apr 28, 2023 U.S. GDP growth delays the long-predicted recession—again The Federal Reserve has more work to do to ease inflation—which is why so many see a recession ahead.
Daily Mirror · Apr 28, 2023 10 money changes coming in May - including £200 energy help and Tesco delivery shake-up Mirror money editor Levi Winchester runs through all the big financial changes and announcements coming up in May and how they affect your wallet - from benefits to your Tesco shop
The Guardian - UK · Apr 28, 2023 Britain once rioted over the price of bread. What would it take for us to confront greedflation today? We seem to wearily accept corporate profiteering as a fact of life. But an ever poorer public can be pushed only so far, says Guardian columnist Andy Beckett
Bangkok Post · Apr 28, 2023 A stronger yen could jolt global markets LONDON: Investors are positioning for a regime change in global markets as the Bank of Japan edges closer to ditching the policies that depressed the yen for decades, thereby luring Japanese money back home.
Fortune · Apr 27, 2023 The latest GDP numbers have economists fearing more than just a recession: ‘The U.S. might well be facing stagflation’ “This morning’s data was the worst of both worlds, with growth down and inflation up,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance.
StockNews.com · Apr 27, 2023 Growth: These 3 Stocks Continue to Grow as April 2023 Nears an End While inflation has been declining, rising fears of a recession as a result of the recent financial crisis are expected to put the stock market under pressure. Fundamentally strong stocks, such as Fast Retailing (FRCOY), Dr. Reddy’s (RDY), and Potbelly (PBPB), which look positioned for steady growth despite the headwinds,…
The Guardian - UK · Apr 27, 2023 Huw Pill’s claim that we are all worse off is false. The rich have got richer Letters: Public sector workers and food bank users don’t need the Bank’s chief economist to tell them who is worse off and who not, says Janet Dubé. Plus letters from David Redshaw, Mike Alcock, Austen Lynch and Andy Stelman