Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Inflation

CPI Print Supports Worst-Case Scenario: The Fed Raising Rates Through A Recession

The Worst of Both Worlds Earlier this week, TD Ameritrade's lead anchor, Oliver Renick, suggested that we were likely heading for a worst-case scenario: a recession with inflation still hot enough that the Fed would be compelled to continue to raise rates during it:

Benzinga

Momentum in economy holding up better than expected: Finance ministry report

NEW DELHI: India’s macro risks have receded in the last six weeks due to the steps taken by the Centre and the Reserve Bank of India (RBI) and the decline in oil prices due to global recession fears, the finance ministry said in a report on Thursday, asserting that the…

The Times of India

Fiscal deficit reined in, CAD a concern: Finance Ministry

“Inflation, trade deficit are key challenges”

The Hindu

From analysis to the latest developments in health,
read the most diverse news in one place.

Fed board member opens door to 1-point hike if demand rises

Christopher Waller, a member of the Federal Reserve’s Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point increase in the Fed’s key short-term interest rate later this month if upcoming economic data points to robust consumer spending

The Independent UK

Are You Noticing Fewer Potato Chips In The Bag? What About Doritos? How PepsiCo Fights Inflation

The owner of a large portfolio of snack brands that includes Lay's Potato Chips may have admitted that consumers really are seeing fewer chips in a bag due to inflation.

Benzinga

These 3 Stocks Are Most Likely to Survive an Economic Downturn

The stock market slumped on Wednesday after the decades-high inflation report came in. Traders now expect the Fed to deliver a full-point rate hike, deepening recessionary concerns. Amid this, quality stocks H&R Block (HRB), Occidental Petroleum (OXY), and Continental Resources (CLR) have outperformed the broader market this year and might…

StockNews.com

4 Penny Stocks to Target Following the Latest Jobs Report

June inflation rose at the fastest pace since November 1981. However, the latest job report presented a healthy picture of the economy. Thus, we think penny stocks Annexon (ANNX), Aprea Therapeutics (APRE), Yatsen (YSG), and Endo International (ENDP), which have been outperforming the market over the past month, could be…

StockNews.com

Read news from The Economist, FT, and more,
with one subscription

LOCALIZE IT: Ideas for local coverage of food banks

EDITORS/NEWS DIRECTORS:

The Independent UK

Why U.S. Stocks Are Trading Lower Following Producer Inflation Data

U.S. stocks traded lower this morning, following the release of economic reports on initial jobless claims and producer prices

Benzinga

Government accused of telling families 'to wait' for cost-of-living crisis help

'We see it at the pumps, we see it in supermarkets, we see it in our utility bills. The price of everything is going up and the price of nothing is going down'

Irish Mirror

Average long-term US mortgage rates bounce back up to 5.51%

Average long-term U.S. mortgage rates were back up this week, just as the latest government data shows inflation has not slowed, meaning the Federal Reserve is almost certain to raise its benchmark borrowing rate again

The Independent UK

Long lines are back at US food banks as inflation hits high

Long lines are back at outside food banks around the U.S. as working Americans overwhelmed by inflation increasingly seek handouts to feed their families

The Independent UK

Greece tells Germans fearing huge heating bills to ‘come here for winter’

German pensioners seeking ‘asylum’ from soaring energy bills and rising inflation are welcome in Greece, says minister

The Guardian - UK

Recession Ireland: Inflation at highest rate in decades with bread and pasta prices spiking

There are many indicators that a global recession is on the way

Dublin Live

Get all your
news in one place.

100's of premium titles.
One news app.

Evening Standard

Morgan Stanley, JPMorgan fail to meet analyst expectations as inflation takes its toll on the banking sector

Morgan Stanley and JPMorgan results failed to meet analyst expectations as inflation and looming interest rate rises take their toll on the banking sector.

Reason

FDA Approves Novavax COVID-19 Vaccine, but Feds Undecided on Who It's for

Plus: The story of a 10-year-old rape victim who sought an abortion is confirmed, inflation hits a record 9.1 percent, and more...

Benzinga

Dogecoin Daily: Crypto Reacts To Record Inflation Numbers, Co-Creator Recommends Reading Karl Marx

Dogecoin (CRYPTO: DOGE) traded nearly flat at $0.06 over 24 hours leading up to early Thursday morning. DOGE saw minimal movement while other major coins traded slightly in the green at press time. The global cryptocurrency market cap registered a 2.4% increase to $892.7 billion.

Evening Standard

Pound suffers as American inflation spike spooks currency markets

The Bank of England has space for more aggressive rate rise due to positive GDP figures

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Pershing Square's Bill Ackman Weighs In Following Scorching Inflation Data

Consumer price inflation data set a new 40-year high in June, according to the U.S. Labor Department.

StockNews.com

Stick With These 3 Profitable, Recession-Proof Stocks

The stock market has been experiencing heightened volatility due to record-high inflation, increased possibility of drastic interest rate hikes to bring prices down, and growing recession odds. Amid the uncertain market conditions, it could be wise to invest in profitable stocks TotalEnergies (TTE), Verizon (VZ), and Crescent Capital (CCAP) to…

Radio France Internationale

Macron warns economic hardship is coming in Bastille Day interview

In a TV interview on Bastille Day, French President Emmanuel Macron talked about the war in Ukraine, dependency on Russian gas, inflation and reforms – painting a grim picture of France's economic future as a result of the war in Ukraine.

Birmingham Post

"Tough times" to continue in UK economy, Bank of England deputy governor warns

Sir Dave Ramsden was speaking on a visit to Newcastle where he said it was the Bank's main priority to bring inflation down to 2%

StockNews.com

3 Stocks the World's Greatest Investors Are Buying up Right Now

Skyrocketing inflation, the Fed’s aggressive interest rate hikes, and growing recession fears have kept the stock market under tremendous pressure lately. Amid the market’s downtrend, the world’s renowned investors are scooping up quality stocks Occidental Petroleum (OXY), Amazon.com (AMZN), and Incyte (INCY). Continue reading….

The Independent UK

Estonian leader Kaja Kallas asked to form new government

Estonia’s president has asked Prime Minister Kaja Kallas to form a new government after she tendered resignation of her one-party minority Cabinet to end a more than month-long political stalemate in the Baltic nation

The Independent UK

Wholesale inflation in June surged 11.3% from a year ago

Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot through the American economy

1 … 884 885 886 887

People

Mangeet Kaur BounsMangeet

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.