The Latest Breaking News from Inflation

Twitter shares taken off stock exchange after Elon Musk seals $44bn takeover – business as it happened

Donald Trump says he is happy Twitter is in ‘sane hands,’ as SEC filing confirms the Tesla billionaire has bought the social media platform with over 230m users

The Guardian - US · Oct 28, 2022

Asian shares mostly lower as Japan preps massive stimulus

Shares are mostly lower in Asia after a mixed session on Wall Street, where tech sector losses offset gains in other parts of the market

The Independent UK · Oct 28, 2022

‘Parents can’t afford meat, eggs and milk’: children bear the brunt of Sri Lanka’s economic crisis

Child malnutrition is soaring as inflation hits 94.9%, and many are missing school because parents do not have the cash to send them

The Guardian - UK · Oct 28, 2022

In an economy blighted by inflation, Australians like Dimuthu are collateral damage

Dimuthu Peterson is building a home and is trapped between rising rates and rents. The Perth mother feels hopeless in the current economy dogged by inflation.

ABC News · Oct 27, 2022

The Bank of Canada just hiked interest rates for the sixth time — is it too late?

Following closely on the heels of the European Central Bank and the U.S. Federal Reserve Board, the Bank of Canada has raised its target interest rate by 50 basis points. This is its sixth interest rate hike this year.

The Conversation · Oct 27, 2022

2 Retail Stocks to Buy in October and 2 to Sell Short

Retail sales rose last month, with consumers showing resilience. However, the persistently high inflation and growing recession concerns are prompting consumers to cut back on discretionary spending. While investors looking for retail investments could consider buying Dillard’s (DDS) and Movado (MOV), we think Gap (GPS) and RealReal (REAL) might be…

StockNews.com · Oct 27, 2022

Scottish midwives vote to strike over ‘insulting’ pay offer

Royal College of Midwives will soon ballot English and Welsh members after below-inflation offer is rejected in Scotland

The Guardian - UK · Oct 27, 2022

2 Stocks That Are Too Risky to Buy in the Current Market

The sky-high inflation and the consecutive rate hikes have kept the stock market under tremendous pressure. Moreover, recession fears are rising. So, we think fundamentally weak stocks Shopify (SHOP) and Carnival Corporation (CCL) could be risky investments in the current market. Keep reading….

StockNews.com · Oct 27, 2022

Don’t Let Money Ruin Your Dating Life

BOYNTON BEACH, Fla. — The slowdown in the worldwide Covid pandemic, combined with rising costs for entertainment, food, rent and daily living expenses, has fundamentally changed dating.

Zenger · Oct 27, 2022

Housing is hammered in the Fed's war on inflation

New GDP data show sharp contraction in residential investment.

Axios · Oct 27, 2022