The Latest Breaking News from Inflation

3 Large-Cap Stocks to Add to Your Buy List This Winter

Despite inflation cooling further in December, the likelihood of the economy entering a recession this year is rising as the Fed expects to continue increasing interest rates until inflation comes down to its 2% target. Therefore, large-cap stocks Microsoft (MSFT), UnitedHealth (UNH), and Taiwan Semiconductor (TSM) could be stable investments…

StockNews.com · Jan 16, 2023

3 Value Stocks to Add to Your Buy List in January

High inflation and subsequent interest rate hikes have put immense pressure on the stock market. However, cooling prices have raised investor confidence. Therefore, this could be the right time to scoop up quality stocks Mosaic Company (MOS), Ryerson Holding (RYI), and VEON Ltd. (VEON), which are currently trading at attractive…

StockNews.com · Jan 16, 2023

Economists warn of global recession danger ahead of World Economic Forum at Davos – as it happened

Live, rolling coverage of business, economics and financial markets as economists for major businesses forecast weak economic growth in Europe and the US

The Guardian - UK · Jan 16, 2023

Higher energy bills are here to stay, says oil boss

Prices will be less volatile but are unlikely to return to levels seen before energy crisis caused by Ukraine war, says Equinor chief executive

Evening Standard · Jan 16, 2023

Polarization eats the developed world

Around the world, economic optimism has cratered thanks to rising inflation in the wake of the pandemic.

Axios · Jan 16, 2023

UAE Launches 11 Green Energy Projects Worth $43 Bn

The UAE Minister of Energy, Suhail al-Mazrouei, said on Monday that several factors will drive oil prices in 2023, mainly the end of China's zero-COVID policy, the US decision to refill the Strategic Oil Reserve, the sanctions imposed on Russian seaborne oil products, and ongoing global inflation. Mazrouei also said…

Asharq Al-Awsat · Jan 16, 2023

Oman's Inflation Rate Inches Close to 2%

The inflation rate of the Consumers Price Index (CPI) in Oman stood at 1.98 percent during December 2022, according to the latest data issued by the National Centre for Statistics and Information (NCSI). Oman News Agency (ONA) reported on Sunday an increase in the prices of primary groups in December…

Asharq Al-Awsat · Jan 16, 2023

FTSE 100 Live: Gas prices tumble to lowest level since December 2021, Blue-chip shares near record

Average weekly earnings rose by a bigger-than-expected annual rate of 6.4% in the three months to November, figures showed today.

Evening Standard · Jan 16, 2023

Strong decline in East Midlands business activity according to latest NatWest business survey

Downturn linked to economic uncertainty and the impact of inflation on customer spending

Birmingham Post · Jan 16, 2023

Asian shares mostly higher after gains on Wall Street

Shares are mostly higher in Asia after Wall Street benchmarks ended last week on a high note

The Independent UK · Jan 16, 2023