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The Latest Breaking News from Inflation

Reserve Bank leaves interest rates on hold as Michele Bullock ducks questions on rate cut timing

RBA’s decision to leave cash rate unchanged comes as underlying inflation remains above bank’s target range

The Guardian - AU

3 High-Yield Dividend Stocks to Buy for Steady Passive Income

In times of market uncertainties, high-dividend yield stocks are ideal investment choices for their qualities like stable passive income, protection against inflation, and price appreciation. Thus, investors could consider fundamentally sound, high dividend yield stocks Verizon Communications (VZ), Pfizer (PFE), and Enterprise Products Partners (EPD) for steady passive income. Read…

StockNews.com

US election 2024: What are Harris and Trump’s positions on the key issues?

Here are the presidential candidates’ positions on the economy, immigration, foreign policy and more.

Al Jazeera

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read the most diverse news in one place.

Dollar Retreats with T-Note Yields Ahead of Tuesday’s US Presidential Election

The dollar index (DXY00 ) Monday fell by -0.40% and posted a 2-week low. The dollar was under pressure Monday after updated polls over the weekend shifted in favor of Democratic candidate Harris for president. Harris’s high-tax and low-tariff policies are seen as limiting growth and inflation and are seen...

Barchart

Watt confirms Labor considering releasing sealed section of robodebt report – as it happened

This blog is now closed

The Guardian - AU

Trump Leads Harris In North Carolina Poll

North Carolina poll shows Trump leading Harris by 2%. Top concerns: inflation, economy. Demographics reveal voter preferences. President Biden's approval r...

Top News

University tuition fees to rise to £9,535 in England next year

Fees will rise for the first time in eight years to help universities facing ‘severe financial challenges’, the Education Secretary has confirmed.

The Independent UK

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RBA resists taking a punt on Melbourne Cup day rate cut

The Reserve Bank has not gambled on a Melbourne Cup rate reduction, with punters left to ponder whether borrowers will receive a windfall before Christmas.

AAP

Dollar Slips on Swings in US Election Polls and Fed Rate Cut Expectations

The dollar index (DXY00 ) today is down by -0.61% at a 2-week low. The dollar is under pressure today after polls over the weekend shifted in favor of Democratic candidate Harris for president. Harris’ high-tax and low tariff policies are seen as limiting growth and inflation and are seen...

Barchart

University tuition fees to increase for first time in eight years amid drop in international students visas

Bridget Phillipson said fees would have to rise in line with inflation to ‘secure the future of higher education’

Evening Standard

Tuition fees expected to rise for first time in eight years

It is understood Education Secretary Bridget Phillipson will outline an inflation-linked rise in university tuition fees from next year.

Evening Standard

Federal Reserve Expected To Cut Interest Rates Amid Cooling Inflation

Federal Reserve plans to cut interest rates due to cooling inflation, not election uncertainty. Powell emphasizes Fed's independence.

Top News

If the US is heading for a soft landing, why do people feel so hard up?

Economists say the US may achieve a so-called ‘soft-landing’. Why are Americans still feeling so hard up?

The Guardian - US

‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy

While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances

The Guardian - US

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Salon

Should you vote with your wallet?

Here are the money moves you should make, regardless of who wins the election

The Guardian - UK

America’s fight with inflation has been won – just in time for a bigger battle

The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election

The Guardian - AU

‘The worst is behind us’: Albanese optimistic that Australia has defeated the inflation crisis

Prime minister says nation has weathered ‘global storm’ of high prices and announces more free Tafe places at rally

The Guardian - AU

Albanese pledges permanent free Tafe places – as it happened

All the day’s news as it unfolded

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AAP

RBA tipped to keep rates steady for 12th straight month

Interest rates have been kept on hold for almost a year and are broadly expected to stay there until cuts start in early 2025, provided inflation keeps easing.

Top News

Senatorial Candidate Promises To Prioritize Nevada's Needs Over Washington's Agenda

Criticism against Senator Jacky Rosen for aligning with Biden's policies, impacting Nevada's economy. Opponent pledges to address inflation, support women'...

Inverse

The Most Powerful Telescopes Suggest the Cosmos Is Surprisingly Simple

We may be closer than we imagined to understanding the universe’s most basic puzzles. And some of the answers may already be staring us in the face.

InsideEVs

EVs Or ‘The Dark Ages’: Why A Trump Presidency Won’t Stop Progress

The Biden-Harris administration gave America’s electric vehicle industry a shot in the arm through landmark laws like the Inflation Reduction Act. Former President Donald Trump, meanwhile, hasn’t minced words about his disdain for battery-powered cars. And more than a few EV proponents fear that a second Trump administration would spell…

Kiplinger

IRA and 401(k) Contribution Limit Changes for 2025: What to Know

IRS inflation adjustments typically mean higher contribution limits for the new year.

Top News

US Economy Achieves Soft Landing Amidst Inflation Slowdown

US economy experiences 'soft landing' with stable job market and inflation levels. Economists optimistic about sustainability of current stability.

Evening Standard

Bank of England rate cut expected despite ‘fiscal loosening’ of Budget

A quarter-point cut is forecast on Thursday, but Labour’s Budget has trimmed hopes of a rapid string of rate cuts afterwards.

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