How to protect your retirement savings as living costs rise Worried about the cost-of-living crisis impacting your pension? These expert tips could help, says Vicky Shaw. The Independent UK · Dec 22, 2022
Rail fares to rise by almost 6 per cent as of March 2023 as cost of living crisis worsens The Department for Transport today confirmed that rail prices will rise from March 5, setting a cap of 5.9 per cent for increases to fares regulated by the Government. Chronicle Live · Dec 22, 2022
3 Large-Cap Stocks to Add to Your Portfolio Now The Fed’s aggressive stance on inflation has weighed heavily on the stock market this year. As large-cap stocks usually can weather challenging economic conditions, sound large-cap stocks Eli Lilly (LLY), Agilent Technologies (A), and Fortinet (FTNT) might be wise additions to your portfolio. Keep reading. StockNews.com · Dec 22, 2022
Train passengers face biggest fares rise in 11 years Transport Secretary Mark Harper said the 5.9% cap is ‘well below inflation’. The Independent UK · Dec 22, 2022
US economy grew 3.2% in Q3, an upgrade from earlier estimate Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September, the government reported Thursday in a slight upgrade from its earlier estimate of third-quarter growth The Independent UK · Dec 22, 2022
Rail fares in England to rise up to 6% from March amid soaring inflation ‘Savage fare hike is a sick joke’ says Labour The Independent UK · Dec 22, 2022
Rail fares to soar by up to 5.9% for passengers in England from March The price hike is being capped below inflation to prevent a double-digit hike for train travellers - but fares will still soar by up to nearly 6% for passengers on England's rail network Daily Mirror · Dec 22, 2022
Rail fares to rise by nearly 6% Fares will rise from March 5 next year. The Independent UK · Dec 22, 2022
Inflation means raises next year may not make a huge difference for US employees Inflation eroded employees' purchasing power this year. 2023 will likely be more of the same. Fortune · Dec 22, 2022
24 key money moments to mark in your diary for the year ahead From the State Pension age review to changes in tax allowances, there’s a lot to keep track of in 2023. Daily Record · Dec 22, 2022
Holiday procrastinators are back in force. Blame inflation. Inflation is driving many consumers to put off their holiday shopping until the last minute The Independent UK · Dec 22, 2022
How food banks are dealing with rising prices, lower donations and more need Food banks and nonprofits say inflation has hurt fundraising and made it hard to handle a surge in demand. One CEO says the need is close to the height of the pandemic. WEKU · Dec 22, 2022
Asian shares track Wall St rally on upbeat consumer data Shares are higher in Asia after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve's campaign to fight inflation by raising interest rates The Independent UK · Dec 22, 2022
Man failed to use safety cage when killed by exploding tyre, Tasmanian coroner finds A coroner has found a tyre inflation accident that killed a man two years ago blasted fragments of his clothing from his body — some of which were later found in the ceiling insulation. ABC News · Dec 22, 2022
StockNews.com · Dec 21, 2022 2 Auto Stocks to Buy in December and 2 to Avoid The automotive industry is poised for long-term growth, thanks to the increasing integration of digital technologies and the growing popularity of electric vehicles. Given the industry tailwinds, investing in fundamentally sound auto stocks General Motors (GM) and Honda Motor (HMC) could be wise. However, with supply chain constraints, rising interest…
Fortune · Dec 21, 2022 Workers still have power over their bosses, and a recession won't stop the Great Resignation Despite layoffs and a looming recession, The Great Resignation shows no signs of stopping if employees aren't paid well during times of inflation.
Fortune · Dec 21, 2022 Top economist Mohamed El-Erian says there’s a ‘new definition’ for a soft landing and argues ‘we can’t avoid a recession’ Americans may have to accept higher inflation, or face a serious recession as the Federal Reserve raises interest rates to get to its 2% inflation target, El-Erian warns.
The Independent UK · Dec 21, 2022 Pain, few gains for investors as markets slumped in 2022 Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession
StockNews.com · Dec 21, 2022 4 Stocks for Investors Over 40 to Buy and Hold With the rising odds of a recession next year, elevated inflation, and the Fed’s hawkish monetary policy stance, the stock market will likely remain under pressure. It, therefore, could be ideal to invest and hold fundamentally sound stocks Verizon Communications (VZ), Humana (HUM), Archer-Daniels-Midland (ADM), and Sysco Corp. (SYY) for…
Daily Mirror · Dec 21, 2022 Tory Education Secretary claims £28k puts teachers in 'top 10% of earners' in parts of UK Labour branded Gillian Keegan, the Education Secretary, 'staggeringly out of touch' for her comment on live radio. It was not immediately clear which statistics she was referring to
The Times of India · Dec 21, 2022 Pause in rate hike could be costly policy error: RBI governor Shaktikanta Das in MPC meeting MUMBAI: A premature pause in rate hike at this juncture could be a costly policy error as the battle against inflation is not over, RBI governor Shaktikanta Das opined while voting for 35 basis-point raise in the key lending rate earlier in the month, said minutes of the MPC meeting…
Los Angeles Times · Dec 21, 2022 Michael Hiltzik: A panicky Federal Reserve is driving us into an unnecessary recession Federal Reserve Board Chair Jerome H. Powell snatched the cookie jar out of the stock market's hands on Dec. 14, when he followed up an announcement of a dovish half-point interest rate increase with a warning that the Fed didn't think it had wrung enough inflation out of the economy…
StockNews.com · Dec 21, 2022 3 ETFs to Buy Now for Less Than $50 Although cooled inflation raised hopes of a soft landing, the Fed is expected to keep raising interest rates through 2023, putting pressure on the stock market. Given this backdrop, under-$50 ETFs First Trust Low Duration Opportunities (LMBS), SPDR Nuveen Bloomberg Short Term Municipal Bond (SHM), and First Trust Value Line…
Axios · Dec 21, 2022 2022 was the year inflation changed everything Americans have been rocked by higher energy and food prices, along with their shrinking wealth.
The Independent UK · Dec 21, 2022 Education Secretary criticised over comments on teachers’ pay Gillian Keegan said in some parts of the country they were in the top 10% of earners.