The Latest Breaking News from Inflation

New Jobs Report Shows Unemployment Back to Pre-Pandemic Levels

The better-than-expected employment numbers are fueling investors' inflation fears and causing the stock market to fall.

Reason · Aug 5, 2022

Be warned: inflation could take British politics to a very dark place indeed

If Britain ends up in a recession, public anger will be looking for an outlet, says the Guardian columnist Jonathan Freedland

The Guardian - UK · Aug 5, 2022

Consumer confidence continues to improve in July, marginal rise in future expectations: RBI report

NEW DELHI: Consumer confidence continued to recover in July, but remained in pessimistic zone, the consumer confidence survey released by Reserve Bank of India (RBI) showed on Friday.

The Times of India · Aug 5, 2022

US job growth surges, tempering recession fears and pressing Fed

U.S. employers added more jobs in July than forecast, illustrating rock-solid labor demand that tempers recession fears and suggests the Federal Reserve will press on with steep interest-rate hikes to thwart inflation.

Tribune News Service · Aug 5, 2022

The 3 Best ETFs for Conservative Investors

The odds of a recession is rising amid the relentless inflation and the Fed’s hawkish stance on it. Market uncertainties are widespread, and investors must exercise extreme caution at this hour. We think quality ETFs Consumer Staples Select Sector (XLP), Invesco Preferred (PGX), and Vanguard Utilities Index (VPU) could be…

StockNews.com · Aug 5, 2022

Potential for more strikes as RMT members reject latest pay offer from ScotRail bosses

It's the latest in a series of strikes over below-inflation pay offers.

Daily Record · Aug 5, 2022

The job market got even better, in a surprisingly positive sign for the economy

U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.

WEKU · Aug 5, 2022

Recession forecast explained: What you need to know

The UK’s central bank has predicted a long recession and eye-watering inflation

The Independent UK · Aug 5, 2022

Andrew Bailey denies Bank was too slow to act over soaring inflation

The Governor of the Bank of England warned that earlier interest rate rises could have brought forward a recession.

The Independent UK · Aug 5, 2022

Everything you can do NOW to prepare for ‘devastating’ winter bill shock

Winter is coming and families are being warned of a string of enormous bill hikes. We explain everything you can do to prepare for the huge increases

Daily Mirror · Aug 5, 2022