The Latest Breaking News from Inflation

Commerce secretary: Let’s not be 'talking ourselves' into recession

Commerce Secretary Gina Raimondo on Sunday predicted slower economic growth as the country grapples with inflation but said that won’t necessarily mean a recession, which is marked by two straight quarters of negative economic growth.

Tribune News Service · Jul 11, 2022

Millions ‘eating worse food and showering less as the costs soar’

Nearly all households are facing a squeeze from runaway inflation, a report has found

The Independent UK · Jul 10, 2022

What cost of living crisis? Tory hopefuls’ fuss over tax cuts is devoid of reality

Candidates’ focus on reducing tax would throw petrol on the inflationary fire and turbocharge inequality

The Guardian - UK · Jul 10, 2022

Tory turmoil keeps Bank of England in the dark on tackling crisis

Policymakers can only wait and see how the next prime minister’s tax and spend policies will affect the economy

The Guardian - UK · Jul 9, 2022

Estonian PM reaches coalition deal for majority government

Estonia’s governing center-right Reform Party has reached a tentative deal to form a coalition government with two other parties

The Independent UK · Jul 9, 2022

Stock Market Bottom? Think Again…

Determining bear market bottom is much easier in hindsight than doing it in real time. That's because the stock market (SPY) offers up many impressive bounces that give the illusion of the worst being over...just before you drop to even lower lows. So price action is a tricky way to…

StockNews.com · Jul 9, 2022

TV Newsance 178: Kaali poster, Mahua Moitra’s comments and farewell to Sudhir

It’s the season of outrage, and TV news anchors can't have enough of it! They are angry, hurt and offended – but for what? Not unemployment, or inflation or gas prices going up; from Nupur Sharma to now Mahua Moitra, hurt sentiments continue to rule the airwaves.

Newslaundry · Jul 9, 2022

Democrats hope abortion can help them keep hold of suburban voters, but Republicans say it’s still all about inflation

PHILADELPHIA — Days after the Supreme Court ended the constitutional right to abortion, Rep. Susan Wild went to a rally in Easton, where a woman held an 8-month-old. She lamented that the child “had more rights eight months ago than she does now,” Wild recalled.

The Philadelphia Inquirer · Jul 8, 2022

'Pincer movement' hitting home owners

Rising rates, higher inflation and declining house prices mean Australian households are being whacked from all directions.

AAP · Jul 8, 2022

Recession fears douse SET hopes for Q3

The Stock Exchange of Thailand was hammered in June, falling from 1,663.41 points at the end of May to close the month at 1,568.33, a drop of 5.7%. The decline follows those of other markets around the globe, especially the Dow Jones which plunged by almost 10%.

Bangkok Post · Jul 8, 2022