The Latest Breaking News from Inflation

Republican senator tells constituents he supports $35 insulin cap, days after voting against it

Chuck Grassley voted against Inflation Reduction Act, which caps Medicare patients’ out-of-pocket costs, as well as an amendment to lower insulin costs for other patients

The Independent UK · Aug 18, 2022

Tory candidates warned over tax cut pledges amid worsening economic outlook

Frontrunner Liz Truss and rival Rishi Sunak have repeatedly clashed over competing visions for the UK economy.

The Independent UK · Aug 17, 2022

Tax cuts pledged by Liz Truss and Rishi Sunak not possible without slashing spending, economists say

Institute for Fiscal Studies criticises Tory leadership contenders for failing to be upfront about economic crisis

The Independent UK · Aug 17, 2022

TSTH mulls lowering Thai sales target

Falling demand for steel amid high inflation and weak purchasing power has led Tata Steel Thailand Plc (TSTH), a unit of India's largest steelmaker, to consider revising down its 2022 sales target.

Bangkok Post · Aug 17, 2022

In Argentina, mass protests demand higher wages, lower inflation

Thousands of frustrated Argentines clogged downtown Buenos Aires on Wednesday in raucous street protests, demanding government action to boost salaries and unemployment benefits battered by surging consumer prices and a weakening peso currency.

Reuters · Aug 17, 2022

The Pandemic Home-Building Boom Is Over

Builders are starting fewer new housing projects but housing construction rates remain steady. Experts say it's a product of inflation catching up with persistent supply chain problems.

Reason · Aug 17, 2022

Inflation at 10%? This is class war – and it was years in the making

Austerity, Brexit and the cost of living crisis have been built on nonsensical misinformation, says Guardian columnist Zoe Williams

The Guardian - UK · Aug 17, 2022

4 High-Volume Stocks Investors Should Sell Right Now

The stock market has been witnessing a rally lately, with robust economic data and a decline in inflation in July boosting investors' sentiment. However, as inflation remains elevated and geopolitical issues continue, the market could witness volatility in the months ahead. Therefore, fundamentally weak stocks AMC Entertainment (AMC), Carnival Corporation…

StockNews.com · Aug 17, 2022

Sunak attacks Truss’s tax plans as 10.1% inflation adds to cost-of-living crisis

The two Tory leadership contenders set out differing visions at a hustings in Belfast.

The Independent UK · Aug 17, 2022

Inflation likely to rise to 15% early next year

Analysts warn of sustained domestic inflation across Britain as food and energy prices surge

Evening Standard · Aug 17, 2022