The Latest Breaking News from Inflation

How will the Inflation Reduction Act of 2022 change corporate taxes?

The Joint Committee on Taxation estimated that about 150 corporations would be subject to a new minimum corporate tax each year.

USAFacts · Sep 2, 2022

How did the Inflation Reduction Act of 2022 change corporate taxes?

The Joint Committee on Taxation estimated that about 150 corporations would be subject to a new minimum corporate tax each year.

USAFacts · Sep 2, 2022

Just a Pullback or Back in Full Bear Market Mode?

Since testing the 200-day moving average in mid-August, the S&P 500 (SPY) has been in liquidation mode. More importantly, we have retraced more than 50% of the advance that began in mid-June. Is this just a pullback? Or, are we back in bear market mode? This question will be the…

StockNews.com · Sep 2, 2022

Analysis-Sweden's cost of living crisis spooks voters ahead of election

With its robust welfare provisions and green energy mix, wealthy Sweden should be better placed than most countries in Europe to withstand the energy-driven cost of living crisis battering the continent.

Reuters · Sep 2, 2022

US economy added 315,000 jobs in August as unemployment rate rose slightly from half-century low

The government reported Friday that the economy added 315,000 jobs last month, down from 526,000 in July

The Independent UK · Sep 2, 2022

U.S. adds solid 315,000 jobs in August

Employers continue to hire workers at a robust pace, even as the Federal Reserve raises interest to crush inflation.

Axios · Sep 2, 2022

The economy added 315,000 jobs, showcasing a labor market that is still strong

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

WEKU · Sep 2, 2022

US added 315,000 jobs in August as strong market defies signs of worsening economy

Numbers come as Jerome Powell says Federal Reserve intends to continue interest rate hikes to try to tamp down inflation

The Guardian - US · Sep 2, 2022

Most Americans Support Student Debt Forgiveness Until They Think About It

New poll shows majority of Americans oppose student loan forgiveness once they become aware of the obvious tradeoffs involved, like higher inflation and rising tuition prices.

Reason · Sep 2, 2022

Younger savers prioritising morals over money even as inflation stretches finances

Two-thirds of younger savers are sticking with their ethical stance when it comes to saving, even as the strain on their finances heightens amid rising food and fuel costs.

Evening Standard · Sep 2, 2022