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The Latest Breaking News from Inflation

Rishi Sunak 'pays £10k for private return helicopter to Tory dinner in Wales'

The Chancellor was accused by Labour of being 'out of touch' with voters over the cost of living crisis

Manchester Evening News

Bitcoin's Correlation To Fed Rate Hikes

Chris Kline, COO and co-founder of Bitcoin IRA

Benzinga

Can Investing In U.S. Farmland Really Help Keep Food On Your Table? - How Inflation Might Actually Be Helping This Sector

Inflation rates in the US continue to float above 8%. With your purchasing power diminishing, how can you get ahead?

Benzinga

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read the most diverse news in one place.

L’Oreal CEO Says No Inflation Impact So Far on Beauty Product Consumption

French cosmetics group L'Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday. "So far we see no impact of inflation and price impacts on consumers' beauty consumption," L'Oreal CEO Nicolas Hieronimus said after speaking on a panel…

Asharq Al-Awsat

Civil service union to ballot on strikes over pay and pensions

Boris Johnson calls for public sector pay restraint amid warnings of inflationary spiral

The Independent UK

3 Large-Cap Stocks That Yield 5% to Buy Without Hesitation

Growing concerns over 40-year high inflation levels, the Fed’s aggressive interest rate increases, and geopolitical headwinds have put the stock market under unrelenting pressure this year. So, we think it could be wise to bet on the dividend-paying large-cap stocks of Verizon Communications (VZ), W. P. Carey (WPC), and Takeda…

StockNews.com

Why AutoZone Shares Are Trading Higher Today

AutoZone Inc (NYSE:AZO) reported third-quarter FY22 sales growth of 5.9% year-on-year, to $3.87 billion, beating the consensus of $3.71 billion. EPS of $29.03 beat the analyst consensus of $26.05. Domestic same-store sales for the quarter increased 2.6%. The gross margin decreased 54 basis points Y/Y to 51.91%. The operating margin was 20.1%, and…

Benzinga

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Govt allows duty-free import of 20 lakh tonnes per year of crude soyabean, sunflower oil

NEW DELHI: The government on Tuesday exempted customs duty and agriculture infrastructure development cess on 20 lakh metric tonnes yearly import of crude soyabean and sunflower oil, to ease domestic prices.

The Times of India

Slumping technology stocks pull Wall Street lower

Stocks fell in afternoon trading on Wall Street Tuesday, weighed down by a big decline in tech heavyweights over concerns about persistently rising inflation and its impact to their bottom lines

The Independent UK

Americans nearing retirement are unsettled by stock market’s slump, with some choosing to keep working

The skid has financial planners hearing more from anxious clients, some pushing back their retirement in hopes that will buy time for their investments to bounce back.

Chicago Sun-Times

Unions angered by No 10 remarks about public sector pay stoking inflation

TUC says suggestion that higher pay for workers this year will push up inflation is ‘nonsense’

The Guardian - UK

45 holiday destinations that are now cheaper for UK travellers despite inflation

The UK's currency is now doing better in some countries.

Daily Record

Inflation impact: Pricey palm oil dents Manapparai murukku trade

Manufacturers are hit by shortage in supplies and increased cost

The Hindu

State Pension could rise by £1,000 next year as inflation soars

The new state pension amount could break the £200-per-week mark for the first time

Chronicle Live

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The Hindu

Data | Rural inflation peaks across States, except in Tamil Nadu and Kerala

The high prices of food and beverages was one of the primary drivers of rural inflation and within it, the prices of vegetables, oils and fats, and meat and fish increased the most

The Independent UK

Public sector workers facing pay restraint as ministers warn of ‘inflationary spiral’

Ministers can overrule recommendations of independent pay bodies for teachers, police and NHS

The Guardian - UK

Wagamama owner warns food and drink inflation could hit 10%

The Restaurant Group says it still expects to meet full-year profit forecasts despite surge in costs

Reuters

Argentine bills strain wallets (literally) amid inflation drain

Argentine peso bills, devalued by years of inflation now soaring near 60%, are starting to cause a literal strain on wallets - with the largest banknote in circulation worth under $5 in commonly used exchange markets.

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news in one place.

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Evening Standard

Ministers warn over inflationary public sector pay awards

Ministers have warned that awarding public sector workers with big pay rises this year could fuel already spiraling inflation.

Benzinga

Nio To Invest $32M Toward Vertical Integration Of Battery Manufacturing: Report

Nio, Inc. (NYSE: NIO) is pursuing vertical integration amid the supply crunch and input price inflation.

The Independent UK

Stock market slump unsettling Americans eying retirement

Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working

Bangkok Post

Inflation still low 'compared with others': Arkhom

Thailand's inflation is still relatively low and manageable as the economy recovers gradually and more foreign tourists return, the finance minister said on Tuesday.

The Independent UK

Johnson focuses on inflation battle as Cabinet face PM lockdown photo questions

Senior ministers were asked whether the Prime Minister had let them down after a picture of him at a leaving do in November 2020 emerged.

Reuters

L'Oreal CEO says no inflation impact so far on beauty product consumption

French cosmetics group L'Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday.

Chronicle Live

Supermarket items rising the fastest in price revealed in new research

Inflation has been rising with the Bank of England expecting it to hit a staggering 10%

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