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The Latest Breaking News from Inflation

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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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 Guardian - AU

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.

The Times of India

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.

Benzinga

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.

The Independent UK

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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’.

The Independent UK

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…

StockNews.com

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

Manchester Evening News

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

The Guardian - AU

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

Birmingham Post

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.

ABC News

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The Independent UK

High inflation leaves food banks struggling to meet needs

Kendall Nunamaker and her family of five in Kennewick, Washington, faced impossible math this month: how do they pay for gas, groceries and their mortgage with inflation driving up prices

Wales Online

Increase Universal Credit by £25 a week and give one-off £250 payment, government urged

The call came from leading experts who have warned they believe more than 250,000 households will “slide into destitution” next year

Reason

Inflation Still Soaring at 8.3 Percent as Food, Housing, and Services Keep Getting More Expensive

Gas prices fell in April, dragging the month's average price increases down to 0.3 percent after March's staggering climb.

The Times of India

How central banks in India, US and other economies are fighting inflation

NEW DELHI: Global inflationary pressures are being faced by all economies alike. The surge in prices of key commodities has spiked more markedly and is persistent in most economies than anticipated, especially at a time when they are recovering from slowdown caused by Covid pandemic in the last 2 years.

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Wales Online

Energy boss warns families another hike in bills is on its way

Surging prices have already left many householders struggling with a choice of heat or eat

StockNews.com

Olin is Our Growth Stock of the Week

Olin (OLN) is one of the top stocks in the market due to its attractive valuation and strong growth prospects. Read on to find out why investors should consider adding it to their portfolios.

Benzinga

Mid-Morning Market Update: Markets Mixed; US Inflation Rate Slows To 8.3%

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining 2% on Wednesday.

The Guardian - AU

Albanese wins final election debate over Morrison, according to Seven’s undecided voters

Potential wage rises dominate early part of discussion, with PM suggesting a 5% increase could see small businesses fold and jobs lost

StockNews.com

Outperform Rising Inflation with These 3 Dividend Stocks

Persistently high inflation and other economic uncertainties continue to spook investors. Amid this environment, we think investors should consider investing in companies that offer products and services that face inelastic demand and whose stock provides stable returns in the form of dividends. Therefore, it could be wise to bet on…

The Times of India

Explained: How Sri Lanka fell into its worst economic crisis & what's next

NEW DELHI: Sri Lanka's unprecedented economic crisis has only deepened further in the past few months, stemming from mismanaged government finances and ill-timed tax cuts in addition to the impact of Covid pandemic.

Reason

Elon Musk Has Good Reasons for Wanting To Reverse Twitter's Trump Ban

Plus: A democratic socialist running for office is caught up in a MeToo witch hunt, inflation woes continue, and more...

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