Why are oil prices rising and what does it mean for inflation? All you need to know about the Opec+ decision to cut production and the potential knock-on effects The Guardian - UK · Apr 3, 2023
Get OUT of These 3 Stocks BEFORE Earnings Market experts are bearish about this earnings season amid the still high inflation and recession concerns. I think it is wise to steer clear of fundamentally weak stocks Tattooed Chef (TTCF), Trilogy Metals (TMQ), and Aptinyx (APTX), which are due to report earnings soon. Keep reading. StockNews.com · Apr 3, 2023
The Morally Funky Math of Homeowner Handouts The rich are getting richer under the Inflation Reduction Act. Reason · Apr 3, 2023
Stocks Set to Open Mostly Lower as Inflation Worries Return after OPEC+ Surprise June S&P 500 futures (ESM23) are down -0.10%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.61% this morning after three major U.S. benchmark indices rallied on Friday as signs of cooling inflation bolstered hopes that the Fed may be close to ending its rate-hiking cycle. Barchart · Apr 3, 2023
Royal Mail hikes cost of first class stamps to more than £1 as prices rise TODAY The price of a first class stamp has gone up by 15p, from 95p to £1.10 - an inflation-busting 16% - while a second class stamp is now 7p more expensive, up from 68p to 75p Daily Mirror · Apr 3, 2023
Shoppers clinging to organic products despite inflation, survey shows Organic products are one of the last places consumers say they are willing to trade down to fight food inflation, according to surveys from the Nutrition Business Journal. Tribune News Service · Apr 3, 2023
Oil surges 8% after OPEC+ blindsides market with production cut Oil surged at the week’s open after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market, delivering a fresh inflationary jolt to the world economy and irking the White House. The Times of India · Apr 3, 2023
Oil price surges after surprise Opec+ production cut Move by world’s largest producers likely to unsettle western nations grappling with inflation The Guardian - UK · Apr 3, 2023
Oil prices soar on producer output cuts; Asian shares mixed Oil prices have soared more than 5% after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year The Independent UK · Apr 3, 2023
Asia’s prices are on rise. In the Philippines, they’re soaring Southeast Asia’s fourth-largest economy sees inflation hit 8.6 percent, far above Thailand, Indonesia and Vietnam. Al Jazeera · Apr 3, 2023
Rebalance your portfolio Investors have been keeping an eye on assets offering a decent return this year amid global market volatility and an economic slowdown. Bangkok Post · Apr 2, 2023
Growing calls for student HECS-HELP loan indexation to be abolished as inflation sends debts soaring A growing chorus of university graduates is calling for an overhaul of the HECS-HELP debt system, as loan amounts balloon due to high inflation. ABC News · Apr 2, 2023
Jobs, PMI and Other Key Things to Watch this Week This upcoming week has plenty of things to look forward to though as we enter the busy part of the monthly News cycle. More inflation data is due, as well as many of the March monthly numbers such as Non-farm payrolls and JOLTS, and ADP. Barchart · Apr 2, 2023
Super tax break reform could boost budget: report A new report by the Grattan Institute says there is plenty of scope to overhaul superannuation tax concessions in the federal budget. AAP · Apr 2, 2023
The Independent UK · Apr 2, 2023 $90 cream and $10 toothpaste: Companies target big spenders Companies from toothpaste makers to beauty chains are adding more premium items like designer creams and services as they reach out to wealthier shoppers who are still spending freely even in the face of higher inflation and volatile economic environment
Irish Mirror · Apr 2, 2023 Eir, Three, Vodafone and Sky Ireland customers see major price hikes on TV, broadband and mobile Amid the ongoing cost-of-living crisis, varied increases were confirmed to the Irish Mirror by Eir, Three, Vodafone and Sky Ireland. Annual bills could climb by as much as €94 for customers.
The New Daily · Apr 2, 2023 Will the RBA boost the pain factor? Analysts split on chances of a further rate hike Mortgage holders will be holding their breath this week as the Reserve Bank mulls whether inflict a further rate rise on home owners in its April cash
Tribune News Service · Apr 2, 2023 IMF board approves $5.4 billion Argentina loan disbursement The International Monetary Fund’s executive board approved a $5.4 billion disbursement to Argentina, a key step forward in the government’s program that has faced setbacks amid a worsening economic outlook.
Reuters · Apr 1, 2023 Thousands protest in Portugal over housing crisis Thousands of people took to the streets of Lisbon and other cities across Portugal on Saturday in protest against soaring rents and house prices at a time when high inflation is making it even tougher for people to make ends meet.
Nottingham Post · Apr 1, 2023 Money saving expert details the best day to do big shop at Aldi He's also said that Marks and Spencer can often prove cheaper than both Aldi and Lidl
Chronicle Live · Apr 1, 2023 All the money changes in April affecting you including DWP benefits and energy bills Universal Credit, pensions and PIP all increase from April 10, but budgets will be stretched by raft of increases to essential bills
Fortune · Apr 1, 2023 From stability to consolidation to the big crunch, here are the 3 questions every small business owner is asking about the banking system The bank crisis could spark a credit crunch that will rock the economy. It'll be a major test for small businesses.
Tribune News Service · Apr 1, 2023 Trudeau braces for disruptive strikes amid tough union wage push OTTAWA, Canada — Prime Minister Justin Trudeau is staring down one of the biggest strikes in Canadian history as his government’s workers push for higher wages even as inflation eases.
Tribune News Service · Apr 1, 2023 Getting a discounted electric vehicle is about to become harder WASHINGTON — It will soon become harder to get a full $7,500 tax credit for a new electric vehicle under proposed rules released Friday by the U.S. Treasury Department — and interested buyers should move fast.
The Independent UK · Mar 31, 2023 Frozen taxes set to raise £25bn by 2027-28, says think tank High inflation has pushed up the projected revenue take from the Government’s personal tax threshold freeze, the Resolution Foundation said.