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The Latest Breaking News from Inflation

Clive Palmer's United Australia Party is promising to cap mortgage interest rates. Can it be done?

With the cost of living surging and interest rates rising for the first time in more than a decade, a cap on mortgage repayments would come as welcome relief for millions of borrowers. But can it be done and who would end up paying for it?

ABC News

Here's Why TSMC Warned Against Price Hike For Second Time Within One Year

Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) has warned clients for the second time after August against its plans to raise prices, to beat inflation concerns, rising costs, and its expansion plans to counter the global supply crunch, Nikkei Asia reports. TSMC, the leading contract chipmaker, looks to raise prices by "single-digit percentages" across mature…

Benzinga

Block Shares Hit 52-Week Lows: What's Going On?

Block Inc (NYSE: SQ) shares are trading significantly lower Wednesday alongside several companies in the broader technology sector amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

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Why Ford Shares Are Falling Today

Shares of several companies in the broader consumer discretionary space, including Ford Motor Company (NYSE: F), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Mid-Afternoon Market Update: Dow Tumbles Over 100 Points; H&R Block Shares Spike Higher

U.S. stocks trade lower toward the end of trading, with the Dow Jones dropping more than 100 points on Wednesday.

Benzinga

Truss urged to step back from brink in explosive Brexit spat with Brussels over Northern Ireland

Tearing up Northern Ireland protocol ‘will spark trade war, drive up inflation and damage UK influence’, warns senior Tory MP

The Independent UK

Why Netflix Shares Are Diving Today

Shares of several companies in the broader technology sector, including Netflix Inc (NASDAQ: NFLX), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

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Why Nvidia Shares Are Diving Today

Shares of several companies in the broader technology sector, including NVIDIA Corporation (NASDAQ: NVDA), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Amazon Shares Are Falling Today

Shares of several companies in the broader technology sector, including Amazon.com, Inc. (NASDAQ: AMZN), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Tesla Shares Are Getting Hammered Today

Tesla Inc (NASDAQ: TSLA) shares are trading lower amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Apple Shares Are Diving Today

Shares of several companies in the broader technology sector, including Apple Inc (NASDAQ: AAPL), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Microsoft Shares Are Diving Today

Shares of several companies in the broader technology sector, including Microsoft Corporation (NASDAQ: MSFT), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Victory Day In Moscow: Putin Seems To Think Russia Is Winning In Ukraine

This article was submitted by an external contributor and may not represent the views and opinions of Benzinga. President Putin's Victory Day Speech

Benzinga

It shouldn’t be such a shock that Anthony Albanese believes the minimum wage should rise with inflation

If you think the real wages of the lowest paid in Australia should go backwards, you’re advocating for declining living standards

The Guardian - AU

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The Guardian - AU

Markets turmoil and interest rate rises: the economic challenges facing Australia after the election

Soaring energy costs, stagflation fears and calls for higher wages are just some of the bumps in the road awaiting a new or returned government

The Times of India

Explained: What led to record fall in rupee and how it may affect economy

NEW DELHI: The see-sawing rupee has given Indian investors a tough time in the past few days. On Monday, the rupee slumped by 54 paise to close at a record low of 77.44 against the US dollar.

Benzinga

Mid-Day Market Update: Crude Oil Surges 6%; Kornit Digital Shares Plummet

U.S. stocks traded mixed midway through trading, with the Dow Jones jumping more than 100 points on Wednesday.

The Independent UK

Boris Johnson tells ministers to ‘go faster’ on ideas for cost-of-living crisis

The Prime Minister continued to resist calls for an emergency budget.

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The Independent UK

Tory MP urged to apologise over claim food bank users ‘cannot cook properly’

Labour branded his remarks ‘beyond belief’, whilst the Liberal Democrats described them as ‘disgraceful’ and the SNP ‘reprehensible’.

StockNews.com

3 High-Yield Stocks Wall Street Predicts Will Rally 55% or More

The U.S. equity market has been in correction mode lately on concerns over the Fed’s hawkish stance in fighting decades-high inflation and geopolitical issues. Furthermore, many analysts expect the economy to slip into recession. Therefore, we think it could be wise to bet on high-dividend-yielding stocks Sibanye Stillwater (SBSW), ING…

StockNews.com

Are Medical Device Stocks Good Investments During a Recession?

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…

Manchester Evening News

Ofgem boss warns Brits will face another eyewatering energy bill rise from October

Ofgem chief executive officer Jonathan Brearley said that for some people, not being able to properly afford their energy bills is already a matter of life and death

The Guardian - AU

The PM previously said Albanese had no power to do anything about wages – now he’s arguing the Labor leader wants to do too much

Scott Morrison is advocating for a real wage cut to make a political point. Perhaps that’s why Seven’s undecided voters gave the final debate to the Labor leader

Birmingham Post

South Wales wedding venue business gives staff inflation busting pay rise

Managing director of Oldwall Colllection Andrew Hole said it was the firm's duty to provide financial security to get staff through the cost-of-living crisis

ABC News

Leaders' debate: Albanese wins final debate, Morrison confirms Tudge will re-enter cabinet if re-elected

Anthony Albanese wins the third leaders' debate which saw he and Scott Morrison cover well-trodden issues, but also the Prime Minister confirm Alan Tudge will return to the frontbench if the Coalition is re-elected.

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