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The Latest Breaking News from Inflation

Want Passive Income? Try These 3 Dividend Stocks

Despite a decline in inflation in July, persistent concerns over a potential recession could keep the market volatile in the upcoming months. Therefore, it could be wise to invest in dividend stocks AbbVie (ABBV), Emerson Electric (EMR), and Becton Dickinson (BDX) to navigate the market volatility with solid passive income.…

StockNews.com

India to be fastest growing economy this year: Government source

NEW DELHI: Rising inflation rates notwithstanding, India will be the fastest growing economy in the world this year, a top government source said on Thursday.

The Times of India

US gasoline prices fall below $4, soothing inflation pressure

U.S. average retail gasoline prices fell below $4 a gallon to the lowest level since early March, according to data from AAA.

Tribune News Service

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Michael O’Leary has said the era of Ryanair’s €10 fares is over

The CEO said he thought people were going to be more conscious about their spending due to the rising inflation rate and cost of living crisis

Irish Mirror

Biggest UK fall in real wages for 100 years looms, warns TUC

Study shows pay rises could fall behind inflation by 8% later this year, an unprecedented drop in living standards

The Guardian - UK

How to invest in gold

Especially when stock markets are volatile, investors may consider an alternative asset class to diversify their portfolio. Gold could be one such asset, being seen as a safe haven during times of economic turbulence as well as a hedge against high inflation.

Evening Standard

How to buy Microsoft stock (MSFT)

Microsoft Corporation is a technology company that generates revenue by developing, licensing and supporting a range of software products and services, by designing and selling hardware, and by delivering online advertising.

Evening Standard

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US wholesale inflation rose more slowly in July

Inflation at the wholesale level jumped 9.8% in July from a year earlier, a slowdown from the June pace yet still a painfully high level suggesting that rampant inflation will persist for months to come

The Independent UK

5 No-Brainer ETFs to Buy in August

A better-than-expected July inflation report has boosted investors’ confidence, leading to the benchmark indices hitting multi-months highs. Moreover, the latest inflation report raises the possibility that the Fed might loosen its policy tightening. So, here are some quality no-brainer ETFs Utilities Select Sector SPDR (XLU), Vanguard Utilities Index (VPU), SPDR…

StockNews.com

Benzinga Before The Bell: iPhone 14 Might Be Costlier, Coinbase Face Another SEC Probe, Binance Sees Crypto User Growth And Other Top Financial Stories Thursday, August 11

Reuters Binance Says Worldwide Inflation Is Driving Crypto User Growth

Benzinga

$7.5 Million Bet On This Biotechnology Stock? Check Out These 4 Penny Stocks Insiders Are Buying

The Dow Jones jumped by more than 500 points on Wednesday following inflation data for July. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Consumer confidence takes a dive as rising interest rates and high inflation weigh on sentiment

The Westpac consumer sentiment index fell for a ninth consecutive month as interest rates, falling housing prices and high inflation woes mount.

The New Daily

How to buy Alphabet stock (GOOGL)

Alphabet Inc became the parent holding company of Google in 2015. Google remains Alphabet’s largest subsidiary and is a holding company for Alphabet’s internet properties and interests.

Evening Standard

S&P, Nasdaq Futures Signal Slowing Momentum As Investors Digest Hawkish Fed Talk, Disney Earnings

U.S. index futures are modestly higher early Thursday following the inflation-data-induced rally seen in the previous session. Momentum Slows? The muted sentiment reflected by the index futures could be attributable to hawkish comments from some Fed officials.

Benzinga

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Axios

Inside Biden's plans to push back against GOP over inflation barrage

The White House believes the Inflation Reduction Act puts Democrats in a position of strength heading into Labor Day.

Irish Mirror

Teachers could strike in September over low pay as unions ballot members for action

Inflation has risen to a high of 9.6%, but wages have not mirrored that increase, and this is causing millions of Irish people to struggle to make ends meet

WEKU

What the Inflation Reduction Act does and doesn't do about rising prices

The Inflation Reduction Act is not expected to bring down inflation dramatically or right away, but experts say that might not be such a bad thing given the bill's other areas of focus.

InsideEVs

Rivian, Lucid Tell Reservation Holders To Sign Binding Agreements

Rivian and Lucid informed reservation holders that they can enter into binding contracts to make sure they qualify for the full $7,500 tax credit.

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The Guardian - UK

Ryanair boss blames Brexit for airport chaos and says era of €10 airfares over

Michael O’Leary warns of rising cost of fuel and says policymakers need to get inflation back to about 2%

Benzinga

Dogecoin Daily: Price Jumps As Inflation Concerns Ease, But Co-Founder Asks If It's Just 'Delusional Optimism'

Dogecoin (CRYPTO: DOGE) rose nearly 6% to $0.07 over 24 hours leading up to early Thursday morning. DOGE rose alongside major coins as the global cryptocurrency market cap shot up 7.15% to $1.2 trillion.

Benzinga

Coinbase, Trade Desk, H&R Block And Some Other Big Gainers From Wednesday

U.S. stocks closed higher on Wednesday following the release of inflation data. Here is the list of some big stocks moving higher in the previous session.

Birmingham Post

Spirax-Sarco reports 'strong' first half amid supply chain disruption and inflationary pressures

The listed firm's profits margin shrank but the company said it was as a result of a number of investments made this year

Tribune News Service

Editorial: History will judge us on action (and inaction) on climate

On Friday, the U.S. House of Representatives is scheduled to cap off what has been a very good week for President Joe Biden with passage of the Inflation Reduction Act, legislation that is expected to lower prescription drug costs and raise corporate taxes while helping fight rising consumer prices.

Los Angeles Times

Jackie Calmes: GOP voters will benefit from the Inflation Reduction Act. Congressional Republicans just don't care

In a polarized America, you don't get this kind of agreement on much of anything.

Tribune News Service

Commentary: Prepare to pay more under the so-called Inflation Reduction Act

Here’s the best possible spin on the staggering $369 billion in energy and climate handouts included in the Inflation “Reduction” Act: It’s not as bad as last year’s draft.

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