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The Latest Breaking News from Inflation

Breaking 4 publishers covering this story in the last 6 hours

1h ago US services sector cools in September, price pressures building
2h ago When growth is not enough: housing and inflation, Sánchez's key election challenges
3h ago Godrej Consumer expects high-teens revenue growth in Q2 despite inflationary pressures
4h ago Iran’s oil minister resigns as country’s economic crisis worsens
4h ago US stocks: Nasdaq hits record as megacap gains offset elevated Treasury yields

Jim Chalmers is a storyteller, but will Australians want to listen to a grim economic forecast?

With inflation yet to peak, the treasurer and the new government are taking out political insurance against bad news

The Guardian - AU · Jul 29, 2022

Top economic takeaways as US wrangles with recession fears

Back-to-back GDP slowdown, Fed raises rates, higher prices and other economic highlights from a busy week.

Al Jazeera · Jul 29, 2022

What is money and where does it come from?

The money supply is not necessarily the culprit when it comes to things like inflation.

The Canberra Times · Jul 29, 2022

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Dow Jumps Over 300 Points; Procter & Gamble Earnings Miss Estimates

U.S. stocks traded higher toward the end of trading, after recording gains in the previous session.

Benzinga · Jul 29, 2022

3 High-Yield Dividend Stocks to Help You Beat Stagflation

With the Fed committed to its rate hikes to bring down inflation, employment staggering, and prices refusing to come down, stagflation might be around the corner. We believe these high-yield dividend stocks Natural Resource(NRP), Kronos Worldwide(KRO), and Bristol-Myers Squibb(BMY) might help one beat the stagflation. Read more….

StockNews.com · Jul 29, 2022

2 High-Dividend Stocks You Can Count on Right Now

The Fed’s second consecutive 75 basis points rate hike amid the sky-high inflation is raising recession fears. Amid the uncertain market scenario, buying high dividend stocks could be a wise strategy to ensure a stable income stream. So, here are two high-dividend stocks, Honda Motor (HMC) and Kronos (KRO), to…

StockNews.com · Jul 29, 2022

High Inflation Impacting Average Americans The Most: How Will The Fed React To The Next Inflation Report?

In the month of June, U.S. households faced inflationary pressures not seen since the 1980s, causing consumers to spend more money on fewer goods. What Happened: On Friday, the Bureau of Economic Analysis reported a 1.1% increase in consumer spending, which correlates with the highest consumer price index recorded for…

Benzinga · Jul 29, 2022

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America's stagflation problem

New economic data points to a mix of flat growth paired with persistently high inflation.

Axios · Jul 29, 2022

Crude Oil Rises Sharply; Amazon Tops Q2 Views

U.S. stocks traded higher midway through trading, after recording gains in the previous session.

Benzinga · Jul 29, 2022

Mini Aceman Concept Debut, EV Incentives In Inflation Reduction Act

Listen to the panel discuss the debut of the Mini Aceman concept, incentives for EVs in Inflation Reduction Act, and General Motors signs battery supply deals.

InsideEVs · Jul 29, 2022

Two US cost gauges surpass estimates, stoking inflation concern

Two key U.S. inflation gauges posted larger-than-forecast increases on Friday, heightening concerns that prices will remain persistently high and prompt continued aggressive interest-rate increases from the Federal Reserve.

Tribune News Service · Jul 29, 2022

Back-to-school spending expected to hit record high as inflation soars. ‘It’s kind of adding up now’

Nicole Sebastian has been “a little choosier” when buying school supplies for her two kids this year. With inflation at its highest since the early 1980s, prices are up across the board, and notebooks and markers are no exception.

Chicago Tribune · Jul 29, 2022

Stephen Colbert: ‘Manchin was visited by the ghost of climate future’

Late-night hosts discuss Joe Manchin’s reversal on the Inflation Reduction Act, which includes $369bn to cut emissions

The Guardian - US · Jul 29, 2022

Eurozone inflation hits record high of 8.9% as energy prices soar

Cost of living crisis comes as 19-member currency bloc beats growth forecasts in second quarter

The Guardian - UK · Jul 29, 2022

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Birmingham Post · Jul 29, 2022

Bournemouth's Yellow Buses goes into administration amid rising petrol prices and inflation

The bus company has "suffered" from the challenges of the pandemic - and the changes in people's lifestyle habits

Benzinga · Jul 29, 2022

Nasdaq Surges 150 Points As Apple Posts Upbeat Results

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 150 points on Friday.

Bangkok Post · Jul 29, 2022

Rate hike highly likely, says top BoT official

The Bank of Thailand is highly likely to raise its key policy interest rate at its Aug 10 meeting, a senior official said on Friday, as the country’s economic recovery gains more traction and as other central banks tighten monetary policy to contain inflation.

Daily Mirror · Jul 29, 2022

BT confirms broadband prices could go up by £50 a year - but cheaper deals are out there

Telecoms giant BT says inflation-busting price hikes will kick in next year, but households on certain benefits may be able to get free or cheap broadband deals

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Daily Mirror · Jul 29, 2022

Now cost of TEA rises including Tetley and Pukka in latest cost of living blow

New research has found Tetley, Twinings and Pukka have all crept up in price over the last few weeks - some by as much as 75p per box - as the cost of living crisis continues

StockNews.com · Jul 29, 2022

Buy These 3 Monster Growth Stocks Before It’s Too Late

Amid sky-high inflation and consecutive rate hikes, U.S. GDP witnessed another consecutive decline in the second quarter. However, investors seem to have shaken off recession fears causing U.S. equities to rally. Thus, we think quality growth stocks, Core Molding (CMT), Civeo (CVEO), and Genuine Parts (GPC), could be worth buying…

The Independent UK · Jul 29, 2022

A key US inflation gauge reaches 6.8% as prices keep surging

An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest increase in four decades, and leaving Americans with no relief from surging costs

Evening Standard · Jul 29, 2022

Eurozone inflation hits 8.9% record high

Data will add pressure on the European Central Bank to hike rates in September

France 24 · Jul 29, 2022

Eurozone inflation hits record 8.9% despite better-than-expected growth

Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia's war in Ukraine, but the economy still managed better-than-expected, if meager, growth in the second quarter.

Benzinga · Jul 29, 2022

Stocks, Bonds Rally On 'Neutral Rate' Optimism — Bill Ackman Warns These Expectations Are Misplaced

Billionaire hedge fund manager and Pershing Square Capital (OTCPK: PSHZF) CEO Bill Ackman explained through a series of tweets that a 2% borrowing rate is not neutral when inflation is trending around 9%.

The Guardian - UK · Jul 29, 2022

Myths about generous benefits mask the truth of Tory Britain: shamefully low taxes for the rich

Until a hero like Marcus Rashford forces people to confront the reality of hungry children, misinformation and complacency about the lives of the poorest reign, says Guardian columnist Polly Toynbee

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