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The Latest Breaking News from Inflation

Delhi: Congress to hold 'Mehangai Par Halla Bol' rally against inflation, GST at Ramlila Maidan

Congress will hold a mega rally against price rise, unemployment and Goods and Services Tax hike at Ramlila Maidan in the national capital ahead of the party's 'Bharat Jodo Yatra'. Read more on Dynamite News

Dynamite News

Jacinda Ardern is losing support in NZ, but can the PM's international star power save her?

As New Zealanders deal with higher costs of living and get used to COVID spreading across the community, Jacinda Ardern and her Labour government are losing support and seeing the rise of a "business guy" Opposition Leader.

ABC News

Most teachers giving pupils food and clothes as cost of living crisis hits households

The teachers union has called on the new Prime Minister to help families through the cost of living crisis with inflation soaring and energy bills to be hiked in October

Daily Mirror

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Indonesia hikes fuel prices by 30%, cuts energy subsidies

Fuel prices have increased by about 30% across Indonesia after the government reduced some of the costly subsidies that have kept inflation in Southeast Asia’s largest economy among the world’s lowest

The Independent UK

Truss’s pledges ‘to contribute to £60bn hole in UK budget’

Liz Truss’s tax cut and defence spending pledges, coupled with spiralling inflation and the growing cost of government debt, will create a £60bn hole in the public finances by 2026, according to calculations by the Financial Times.

The Independent UK

Indonesia hikes fuel prices 30%

JAKARTA: Indonesia has raised its heavily subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Bangkok Post

Indonesia hikes fuel prices to rein in ballooning subsidies

Indonesia has raised subsidised fuel prices by about 30% on Saturday, top officials said, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Reuters

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Energy crisis is ‘Dunkirk moment’ that shows privatisation has failed, peers say

The escalating energy crisis requires radical action, ex-Labour MP Frank Field and former pensions minister Ros Altman have warned.

The Independent UK

It's Never Too Late to Get in on These 3 High-Quality Stocks

The stock market is expected to remain under immense pressure in the near term as the Federal Reserve hints at reiterating its stance of raising interest rates until inflation falls to the target level. Given an uncertain economic outlook, investors may want to make their portfolios sturdy by adding high-quality…

StockNews.com

2 Blue-Chip Stocks That Beat Q2 Earnings Expectations

Blue-chip stocks are well-known for their ability to withstand economic downturns while also protecting investors from market volatility. So, while rising inflation concerns are threatening the equity markets, blue-chip stocks such as Coca-Cola (KO) and PepsiCo (PEP), which beat Q2 earnings expectations in their most recent quarterly release, could be…

StockNews.com

3 Stocks to Buy That Won’t Give You Any Headaches

The stock market has witnessed significant volatility amid the record high inflation and the Fed’s hawkish stance on it. Investors have been banking on healthcare stocks as they tend to hold up relatively well in such turbulent times. We think investing in quality healthcare stocks Johnson & Johnson (JNJ), Pfizer…

StockNews.com

EXPLAINER: 5 key takeaways from the August jobs report

The nation’s job market last month delivered just what the Federal Reserve and nervous investors hoped for: A Goldilocks-style hiring report

The Independent UK

3 Stocks With Decades of Dividend Payments

Concerns over high inflation, the Fed’s hawkish stance to control it, and an economic slowdown have led to immense stock market volatility. Therefore, it could be wise to invest in stocks with decades of dividend-paying history, such as Johnson & Johnson (JNJ), AbbVie (ABBV), and Becton, Dickinson and Company (BDX),…

StockNews.com

Five problems that could slow supplies of food, computers, cars and other goods this winter

The pandemic highlighted how interconnected the world is right now. Multiple bottlenecks have disrupted global supply chains – the networks of people, companies and modes of transport that order and manufacture goods and deliver them to warehouses, shops or even right to our doors.

The Conversation

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USAFacts

How will the Inflation Reduction Act of 2022 change corporate taxes?

The Joint Committee on Taxation estimated that about 150 corporations would be subject to a new minimum corporate tax each year.

USAFacts

How did the Inflation Reduction Act of 2022 change corporate taxes?

The Joint Committee on Taxation estimated that about 150 corporations would be subject to a new minimum corporate tax each year.

StockNews.com

Just a Pullback or Back in Full Bear Market Mode?

Since testing the 200-day moving average in mid-August, the S&P 500 (SPY) has been in liquidation mode. More importantly, we have retraced more than 50% of the advance that began in mid-June. Is this just a pullback? Or, are we back in bear market mode? This question will be the…

Reason

Remy: 2 Become 1 (Spice Girls Inflation Parody)

Wannabe paying less for groceries?

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The Guardian - UK

In the 1970s, we didn’t have to choose between heating and eating

Letter: Elizabeth Roberts objects to comparisons being made between soaring inflation now and the 70s

Evening Standard

Cost of living crisis: Three quarters of London parents worried about housing costs

Almost three quarters of London parents are concerned about how they will afford housing costs in the face of spiraling inflation and soaring energy prices, research released on Friday has found.

Reuters

Explainer-Next UK leader to inherit an economy in a bind

Britain's next prime minister - who will be announced on Monday - will inherit an economy that is forecast to go into a long recession later this year with inflation at a 40-year high and limits on the options for getting growth going again.

Reuters

Analysis-Sweden's cost of living crisis spooks voters ahead of election

With its robust welfare provisions and green energy mix, wealthy Sweden should be better placed than most countries in Europe to withstand the energy-driven cost of living crisis battering the continent.

The Independent UK

US economy added 315,000 jobs in August as unemployment rate rose slightly from half-century low

The government reported Friday that the economy added 315,000 jobs last month, down from 526,000 in July

Axios

U.S. adds solid 315,000 jobs in August

Employers continue to hire workers at a robust pace, even as the Federal Reserve raises interest to crush inflation.

WEKU

The economy added 315,000 jobs, showcasing a labor market that is still strong

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

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