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The Latest Breaking News from Inflation

The cost of living crisis will hit schools hard

Schools, like homes and businesses, are facing a financial squeeze over coming months. Spiralling inflation and rising staff costs are set to threaten England’s schools just as they are getting back to an even keel after the pandemic.

The Conversation

Measures to cool food inflation will deliver in coming weeks, says Finance Ministry

Core inflation below 6% for 4th successive month, says Finance Ministry

The Hindu

Here's Why the CPI Report Will Dictate The Market Bottom

The Consumer Price Index (CPI) is the inflation gauge. Inflation is the rate at which prices are rising and in turn eroding your buying power. It's released by the U.S. Bureau of Labor Statistics (BLS) on a monthly basis. It measures the average rate of change in prices paid by…

Benzinga

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Buy This Pullback Stock Before It's Too Late

Leading chip-maker Micron (MU) is currently trading more than 40% below its 52-week high, beaten down by worsening chip demand, rampant inflation, and recession concerns. However, the company reported solid financials in its last quarter. Moreover, it is well-positioned to deliver strong performance owing to the solid long-term demand outlook…

StockNews.com

Biden's midterm self-edit: Less talk about inflation woes

In recent speeches, President Joe Biden has stopped talking so much about inflation worries

The Independent UK

Spain's retailers shun government proposal to freeze basic goods prices

Spain's main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple basket to ease the pain of high inflation, calling on the government to lower taxes instead.

Reuters

An Eleventh-Hour, Hail-Mary Climate Remedy

The Inflation Reduction Act promises to slash U.S. greenhouse gas emissions, but enables more pollution in Gulf Coast communities.

Texas Observer

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The reign of Charles III begins in circumstances much like those of 1952

Like the start of his mother’s reign all those years ago, King Charles III’s reign has begun in the middle of a war. Today, it is the war in Ukraine. In February 1952, it was the Korean War.

Evening Standard

Retail inflation rises to 7% in August as food prices surge

NEW DELHI: India's retail inflation based on consumer price index (CPI) snapped a 3-month downward trend in August and surged to 7%, data released by government showed on Monday. The jump has mainly been on account of surge in food prices.

The Times of India

DWP rejects calls to increase State Pension and benefit payments before annual uprating due next April

DWP also responded to criticism over the delivery of the £20 weekly uplift to people on Universal Credit only.

Daily Record

EV Charger Tax Credit: What You Need to Know for 2025 and 2026

The federal EV charger tax credit for electric vehicle charging stations and equipment is going away sooner than expected.

Kiplinger

UK economy grows more slowly than expected amid cost of living crisis

GDP rises by 0.2% in July as worker shortages and inflation weigh on activity

The Guardian - UK

Business activity in Wales falls for the first time in 18 months

Welsh firms said the fall was due to weak client demand and a fall in new orders

Birmingham Post

Morning Digest | Food prices may affect August inflation; Sri Lanka beats Pakistan to win Asia Cup final, and more

A select list of stories to read before you start your day

The Hindu

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Birmingham Post

Renewed fall in business activity - report

Latest NatWest PMI points to the first drop in three months but one that was marginal overall

ABC News

Corporate Australia just received a glowing profit report card, but the outlook is not as rosy

Reading between the spreadsheet lines, the annual earnings season gave a few hints of what is to come for corporate Australia and the broader economy over the next year.

StockNews.com

Make Learning To Trade Options Your Go To Way To Beat Inflation

Trading options, not GLD, is a great way to fight inflation.

The Hindu

Sharad Pawar seeks joint plans against BJP

NCP chief slams government on high inflation, falling rupee value

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The Guardian - UK

Fragile state of UK economy scrutinised as nation mourns

GDP, inflation and retail sales figures due to be released over next few days

The Hindu

Food prices may affect August inflation

Retail inflation was 7.28% in first quarter, while RBI expects it to touch 7.1%

The Independent UK

As small businesses raise prices, some customers push back

Inflation isn’t only costing small businesses money

Dynamite News

Equity Outlook: Investors await August inflation data for fresh cues

Despite sharp volatility in financial markets globally this week, the Indian stocks managed to close the weekly trade with some gains. Read more on Dynamite News:

Reuters

Canada's Conservatives pick populist in bid to oust Trudeau's Liberals

Canada's Conservatives on Saturday picked Pierre Poilievre, a veteran parliamentarian who has promoted bitcoin as way to fight inflation, to spearhead the party's bid to oust the Liberals and Prime Minister Justin Trudeau.

Daily Mirror

Families of disabled children beg Liz Truss for bills aid and inflation-proof benefits

Carers of disabled children say it's a matter of life and death that the prime minister grants them bills aid and inflation proof benefits in order to keep lifesaving equipment running

The Guardian - UK

Central bankers talk tough, but they can’t fight inflation like this

Raising rates has no effect when the things that are rising in price the fastest, such as fuel and food, are essential purchases

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