Democrats' midterm reality check: Momentum eases in final campaign stretch Republicans are well-positioned to win back the House and are on surer footing in the Senate. Axios · Sep 18, 2022
EXPLAINER: How the strong U.S. dollar can affect everyone The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific The Independent UK · Sep 18, 2022
Thousands take part in anti-government protest in Moldova Thousands of protesters denouncing high inflation and fuel prices massed outside Moldova's government on Sunday demanding the resignation of pro-Western President Maia Sandu and her government. Reuters · Sep 18, 2022
2 Defensive Stocks to Consider With Market Conditions Turning More Bearish The stock market has given back the bulk of its gains following a stronger than expected inflation print. Amid these challenging circumstances, investors should consider high-quality, defensive stocks like Elevance Health (ELV) and Northrop Grumman (NOC). StockNews.com · Sep 18, 2022
Maybe the US is in a recession, but small businesses don’t know it Inflation is high, interest rates are rising and the stock market is down 18% … but small businesses are still hiring The Guardian - US · Sep 18, 2022
Restaurants v the cost of living crisis: how will they cope? First it was Brexit and Covid. Now it’s inflation and energy bills. Even napkins cost more – and diners are cutting back. How will hospitality adapt? The Guardian - UK · Sep 18, 2022
Biggest interest rate rise for 25 years could spell showdown at the Bank This week’s decision could pit governor Andrew Bailey against an expansionary PM and chancellor The Guardian - UK · Sep 17, 2022
Beloved Big Guys Sausage Stand closing counter service due to pressures from pandemic and beyond Big Guys Sausage Stand will close its doors later this month as COVID-19, inflation and corporate greed put the pinch on restaurateurs nationwide. Chicago Sun-Times · Sep 17, 2022
4 Important Market Topics to Determine Where We Go from Here Last week, I talked about the likelihood of the S&P 500 (SPY) remaining range-bound due to the mix of bullish and bearish forces. One of the bullish forces was the resilience in earnings which have remained positive (+6% in Q2) despite adverse conditions. Another was the signs showing that inflation… StockNews.com · Sep 17, 2022
Joblessness below pre-COVID levels: Finance Ministry Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says The Hindu · Sep 17, 2022
UK’s small firms founded during pandemic face grim outlook as recession looms Inflation, energy bills and staff shortages are causing businesses, many founded during pandemic, to fold in record numbers The Guardian - UK · Sep 17, 2022
As farmers split from the GOP on climate change, they're getting billions to fight it Democrats plan to spend $20 billion to help rural communities address the climate crisis. There's little sign the infusion of money will reshape politics in areas that traditionally vote Republican. WEKU · Sep 17, 2022
Lower Kharif sowing calls for deft management of foodgrain stock, prices: Finance Ministry report There is no “room for complacency on the inflation front as lower crop-sowing for the Kharif season calls for deft management of stocks of agricultural commodities and market prices without unduly jeopardising farm exports”, the report said The Hindu · Sep 17, 2022
'I just did the same Morrisons big shop from a year ago and the price rises are stark' Inflation is said to be 10 per cent year-on-year, but our shopper found the price rises even more stark on her regular family shop at this major UK supermarket Manchester Evening News · Sep 17, 2022
Chicago Tribune · Sep 17, 2022 Allstate auto insurance rates jump 14% in Illinois. State Farm is up more than 8%. Both companies say inflation is to blame Allstate raised auto insurance rates by 14% in Illinois last month, dramatically outpacing the national average and the inflation rate. State Farm wasn’t far behind, increasing rates by more than 8% for Illinois drivers in August.
inkl Originals · Sep 17, 2022 The Weekly Wrap for Saturday, 17 September 2022 Inflation lunged sideways, stocks dropped all over the shop, the European Union massaged its slapping hand, and Adobe suite went brrr.
Bangkok Post · Sep 16, 2022 SET volatile ahead of key Fed meeting Trade on the Stock Exchange of Thailand was quite volatile in the past week. The SET Index climbed towards 1,670 points early in the week before surprisingly high US inflation dragged down global risk assets and Thai shares on Wednesday morning.
StockNews.com · Sep 16, 2022 3 Safe Investments for Seniors to Consider Right Now August CPI figures indicate that inflation is yet to be controlled, and the Fed might launch another significant interest rate hike next week. As recessionary fears loom over the economy, it might be ideal for seniors to invest in the fundamentally sound stocks Johnson & Johnson (JNJ), Coca-Cola (KO), and…
The Hindu · Sep 16, 2022 The consequences of declining fertility are many A below replacement level fertility rate would mean a smaller dividend window than expected
Tribune News Service · Sep 16, 2022 US consumers’ long-term inflation expectations dip to lowest since mid-2021 U.S. long-term inflation expectations fell to the lowest in more than a year in early September, an encouraging sign for the Federal Reserve as it tries to keep views anchored.
Reuters · Sep 16, 2022 Nearly two-thirds of Argentines see economy getting even worse: poll Nearly 64% of Argentines fear the country's ailing economy will get even worse in the coming months, according to a survey published on Friday, against a backdrop of surging inflation and the weakening purchasing power of the peso currency.
Miami Herald · Sep 16, 2022 The Week Ahead: Bracing for a 1 percentage point 'surprise' The Federal Reserve is an institution that relies on confidence and consistency. Both have been shaken as the agency struggles to tamp down inflation and regain the trust of investors.
Benzinga · Sep 16, 2022 Cloopen: A Clean Cloud, or Still Under Stormy Skies? Key Takeaways: An internal investigation by cloud services provider Cloopen found the company inflated its revenue by about 5% in last year’s second and third quarters The new China-U.S. information-sharing agreement could help restore investor confidence in such U.S.-listed Chinese companies By Doug Young
The Guardian - UK · Sep 16, 2022 Companies declared insolvent in England and Wales jump by 43% Businesses may struggle as consumers cut back spending amid high inflation and rising fuel costs, economists warn
The Independent UK · Sep 16, 2022 Pound sinks to new 37-year low as inflation soars Sterling dropped below $1.14 taking it to its worst point since 1985