As inflation's persistence becomes clear, here's what business leaders need to do Resilience and efficiency will be key—but don't forget to keep growing. Fortune · Sep 14, 2022
US Stock Futures Rise After Recording Worst Sell-Off Since June 2020; PPI Data In Focus Pre-open movers U.S. stock futures traded higher in early pre-market trade on Wednesday after recording sharp losses on Tuesday following the release of inflation data for August. All the three major indices settled sharply lower, notching their biggest single-session percentage declines since June 2020. Benzinga · Sep 14, 2022
Commentary: What can save restaurants? Try hospitality COVID-19 and inflation have knocked restaurants to their knees, and everyone with a vested interest, from owner to chef to server to customer, seems to have an opinion on how to get them up and running again. Los Angeles Times · Sep 14, 2022
Tesla, Meta, NVIDIA And Other Big Losers From Tuesday U.S. stocks closed sharply lower with the Nasdaq Composite dipping more than 5% on Tuesday. Here is the list of some big stocks moving lower in the previous session. Benzinga · Sep 14, 2022
Wall Street sees biggest sell-off since June 2020 on back of US inflation data A slight increase in US consumer prices for the month of August has ignited fears of more Federal Reserve moves to curb inflation. An earlier drop in US markets had a knock-on effect on Asian marketplaces this Wednesday. Asked about the issue, Joe Biden responded by saying that the stock… France 24 · Sep 14, 2022
Wages fall in real terms across Scotland Edinburgh experienced one of the largest drops, with wages down by 6.4% when adjusted for inflation Insider UK · Sep 14, 2022
Two U.S. inflation rates: Bad and worse It’s worse than 8.3% in parts of key Senate battleground states. Axios · Sep 14, 2022
Bank of England will not take foot off throttle despite drop in inflation MPC members will look at other developments in UK and abroad in mission to increase interest rates The Guardian - UK · Sep 14, 2022
Zara Owner Inditex’s First-Half Sales Surge Ahead of Potential Slowdown Fashion brand Zara's owner Inditex said on Wednesday that profit for the six months to July jumped by 41% and sales rose by around a quarter, putting it on a strong footing ahead of second half likely to see rampant inflation hitting demand for clothing. In the first set of… Asharq Al-Awsat · Sep 14, 2022
Small businesses call for help amid soaring bills Firms say it does not feel like the economy is growing as energy and raw material costs rise. The Independent UK · Sep 14, 2022
Warning supermarket shop could cost as much as £5,181 a year due to food inflation Food prices have been soaring Nottingham Post · Sep 14, 2022
While inflation takes a toll on seniors, billions of dollars in benefits go unused Millions of older adults are having trouble making ends meet, especially during these inflationary times. Yet many don’t realize help is available, and some notable programs that offer financial assistance are underused. Tribune News Service · Sep 14, 2022
Why Comera Life Sciences Shares Jumped 101%; Here Are 74 Biggest Movers From Yesterday Gainers Akero Therapeutics, Inc. (NASDAQ: AKRO) shares jumped 136.8% to settle at $29.05 on Tuesday after the company's Phase 2b HARMONY study met its primary endpoint for both the 50mg and 28mg EFX dose groups. Benzinga · Sep 14, 2022
The National (Scotland) · Sep 14, 2022 Inflation dips slightly but experts warn cost-of-living crisis is not easing The consensus across think tanks and economic networks is that this was "entirely driven by falling transport costs" as the prices of food…
Bangkok Post · Sep 14, 2022 Asian shares extend global rout, yen perks up on intervention hints SYDNEY: Asian stocks tumbled on Wednesday as US data dashed hopes for an immediate peak in inflation, although the dollar paused its relentless run against the yen as Japan gave its strongest signal yet it was unhappy with the currency's sharp declines.
Daily Record · Sep 14, 2022 Inflation rate falls to 9.9% but still remains near 40-year high The ONS said the biggest downward pressure on the inflation rate was the price of motor fuels, which has been falling in recent months.
Evening Standard · Sep 14, 2022 FTSE 100 Live: Inflation dips to 9.9%, markets rattled by US rates outlook A dip in the UK’s annual inflation rate to 9.9% today brought some relief for traders after last night’s big Wall Street sell-off.
Chronicle Live · Sep 14, 2022 Inflation falls slightly to 9.9% as price of petrol and diesel dips Business groups warn that rising costs are still impacting on many companies but the figures are better than analysts expected
Wales Online · Sep 14, 2022 UK inflation rate falls slightly but remains near 40-year high Fall in price of petrol linked to reduction
The Independent UK · Sep 14, 2022 Falling fuel prices take edge off inflation highs Diesel and petrol prices fell by nearly 7% in August, the Office for National Statistics said.
The Independent UK · Sep 14, 2022 UK inflation falls slightly to 9.9% but remains close to 40-year high Slight drop comes amid fall in motor fuel prices
Evening Standard · Sep 14, 2022 Inflation eases slightly in August to 9.9% after drop in fuel prices Food and clothing prices continue to rise and analysts warn it will be some time before inflation truly starts dropping
Daily Mirror · Sep 14, 2022 Inflation falls slightly but still nears record of 9.9% as fuel prices drop Consumers are still paying near-record high prices for groceries, energy bills and more as the cost of living crisis continues to grip households up and down the country
The Guardian - UK · Sep 14, 2022 UK inflation falls to 9.9% after drop in petrol prices Unexpected dip in August is first easing of upward pressure on cost of living in almost a year