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The Latest Breaking News from Inflation

What’s behind Jeff Bezos’s Twitter spat with Joe Biden – and is it ethical?

The Independent UK

Turnout booms in Georgia primary, led by resurgent Republicans

ATLANTA — In Georgia’s first post-Trump primary election, unprecedented waves of voters have already swept into polling places — most of them Republicans.

Tribune News Service

Why FuelCell Shares Are Rising Today

FuelCell Energy Inc (NASDAQ: FCEL) shares are trading higher by 6.09% at $3.75 as the market rebounds following previous losses stemming from concerns over inflation, Fed policy tightening, oil prices and notable earnings reports.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Why Plug Power Shares Are Rising Today

Plug Power Inc (NASDAQ: PLUG) shares are trading higher by 63.97% at $16.51 as the market rebounds following previous losses stemming from concerns over inflation, Fed policy tightening, oil prices and notable earnings reports.

Benzinga

Tell us who you think is to blame for the cost of living crisis

We're all feeling the pinch, but who is responsible?

Liverpool Echo

Bear market could be on the horizon — what that means

What’s a bear market? And other things you should know about where the economy might be heading.

Chicago Sun-Times

Jerome Powell, Who Wildly Misjudged Inflation, Is Overwhelmingly Reconfirmed as Fed Chair

There is seldom any meaningful accountability for government incompetence.

Reason

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Five ways to save £190 from now until December with car hacks according to experts

As the cost of living continues to rise, people will be looking to save where they can as unleaded petrol costs around 168.24p per litre, while diesel costs 181p per litre.

Glasgow Live

3 Cheap Mid-Cap Stocks That Yield More Than 4%

As the inflationary environment and recession concerns could keep the overall stock market under pressure, it could be wise to bet on quality mid-cap stocks New Residential Investment (NRZ), International Game Technology (IGT), and Kohl's Corporation (KSS). These stocks yield more than 4% and are currently trading at discounts to…

StockNews.com

Mortgage defaults and job losses – Reserve Bank reveals NZ's inflation fears

Many NZers expect pay rises in coming months, but they are increasingly concern about the harsh impact of the cost of living crisis on their own families' lives, according to the Reserve Bank.

Newsroom.co.nz

Buy the Dip: 2 Growth Stocks to Add to Your Portfolio

Escalating fears over inflationary pressures, the Federal Reserve’s tighter monetary policy, and slow economic growth have caused a massive sell-off in growth stocks over the past few weeks. But the recent sell-off has created an attractive buying opportunity for long-term investors. So, we think it could be profitable to buy…

StockNews.com

'Crouching down' hack from Martin Lewis helped us save £35 in Asda

It actually does work

Nottingham Post

Fed nominee Michael Barr calls inflation 'far too high'

President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation

The Independent UK

Inflation bites into cost of running government, leaving little money for next year

When inflation is higher, it costs more for the government to just stand still – so there will be some tough spending calls to make in election year.

Newsroom.co.nz

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Dublin Live

Pensioner forced to give up going to pub due to cost of living crisis

Tony Collins told Dublin Live he is being hit on all sides by price hikes on energy bills, heating oil, medical insurance and fuel for the car

Tribune News Service

Gov. Newsom’s inflation relief package could drive up prices even more, experts say

SACRAMENTO, Calif. — An $18.1 billion inflation relief package proposed by Gov. Gavin Newsom will put salve on key pain points for Californians most affected by rising gas and grocery prices but also likely will cause prices to tick up just a tad more, leading economists say.

The Independent UK

Dijon mustard stocks running out amid climate crisis and Ukraine war

French mustard manufacturers are struggling to get hold of seeds from Canada and Ukraine

Irish Mirror

Almost one in five people in Ireland living in fuel poverty

The soaring cost of living, and in particular the spiralling energy costs for homes, is now seeing 17.5% of people spending more than 10% of their income on energy bills

Get all your
news in one place.

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Benzinga

Read How Children's Place Fared In Q1

Children's Place Inc (NASDAQ:PLCE) reported a first-quarter FY22 sales decline of 16.8% year-on-year to $362.35 million, missing the consensus of $401.59 million. The gross profit decreased 24.6% Y/Y to $141.9 million, with the margin contracting 400 basis points to 39.2%. Adjusted gross margin contracted 429 basis points to 39.2%. Operating income for the…

The Guardian - UK

Sri Lanka defaults on debts for first time

Economists fear Sri Lanka could be first of several, with IMF in talks with Egypt, Tunisia and Pakistan

Chronicle Live

North East disabled people 'will suffer and die' as prices continue to rise

Disability charities from across the North East have called on the Government to do more to address the cost of living crisis

The Guardian - UK

IMF chief warns of multiple inflationary shocks amid market jitters

Kristalina Georgieva cites Russia’s war in Ukraine and cost pressures caused by China’s zero-Covid policies

Al Jazeera

Paying to get paid: Young Zimbabweans trade money, sex for jobs

Experts say a series of monumental economic mistakes has led to acute unemployment and unethical recruitment in Zimbabwe

The Independent UK

Mitt Romney launches bill to stop Biden cancelling student loan debt

White House is under pressure from the left to cancel some or all student loan debt to stave off bruising midterms

StockNews.com

2 ETFs to Avoid After Goldman Sachs Warns of a Slowdown in Consumer Spending

As Goldman Sachs warns of a potential slowdown in consumer spending in the coming months, given multi-decade high inflation and Fed's impending interest rate increases, we think it could be wise to avoid consumer discretionary ETFs SPDR Select Sector (XLY) and Vanguard (VCR). Read on to learn more.

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