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The Latest Breaking News from Inflation

3 Auto Dealer Stocks Staying on Top of Wall Street

The auto industry exhibits a robust outlook due to inflation coming down from its peaks and consumers’ resilient appetite for buying cars. Therefore, auto dealer stocks Asbury Automotive Group (ABG), Group 1 Automotive (GPI), and Sonic Automotive (SAH) might be watched now. Read on….

StockNews.com

College Students Share Encouraging Financial Report Cards

New data on college students' financial outlooks finds many silver linings in a cloudy economic backdrop.

Kiplinger

UK facing 'heightened recession risks' as private sector suffers shock decline

AN economist has warned the UK is facing “heightened recession risks” after the private sector suffered a shock downturn in August.

The National (Scotland)

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Zimbabwe's economic woes: Hyperinflation, a currency slump and high unemployment

As Zimbabweans head to the polls this Wednesday, we take a look at the dire economic straits the country finds itself in. Inflation has gone from the single digits in 2017 to 77 percent this month, the currency has crashed against the US dollar, and high unemployment has led many…

France 24

Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth

The Independent UK

September dates for benefits, pensions and cost of living payments

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

The Independent UK

August dates for DWP cost of living payments, benefits and pensions

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

The Independent UK

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DoorDash Is Slinging $1 Meals From A Bunch Of Spots This Weekend To Cure Yr Hangover Cravings

We don’t need to remind you how positively borked the cost of living is. Every day inflation rears its ugly head in a new and more terrifying way. For example, I purchased a can of kidney beans and some microwavable brown rice from a convenience store for my office lunch…

Pedestrian.tv

Who Wins the Battle Over 4,400?

How low will stocks go? That is the question on everyone’s mind as the recent highs for the S&P 500 (SPY) seem like a distant memory as stocks have been going the wrong direction for the entirety of August. Investment expert Steve Reitmeister the causes of the recent sell off…

StockNews.com

Sir Ed Davey calls for more action on food inflation with visit to Dorries’ seat

Analysis by the Lib Dems shows the price of what the party describes as a typical weekly shop has increased by 37% in two years.

The Independent UK

Zimbabwe heads to elections as it sees some of the world's highest inflation

Zimbabwean President Emmerson Mnangagwa seeks a second term facing a familiar rival, opposition leader Nelson Chamisa, whom he narrowly beat in the 2018 disputed election.

WEKU

Inflation pressures may linger, but food prices to cool soon: FinMin

India's inflation woes may be transitory due to global uncertainties and domestic disruptions. The Finance Ministry noted the 11.5% food inflation rate and 4.9% core inflation rate, and cautioned that global monetary tightening could hurt stock markets in emerging economies. Government efforts to reduce food inflation expected to materialise in…

The Hindu

As inflation hurts most in the UK, top bosses enjoy ‘bumper’ pay rises

The median FTSE 100 chief executive officer was paid 118 times the median full-time worker, study shows.

Al Jazeera

How to choose a Medicare Part D prescription drug plan

Taking the time to figure out which plan is right is vitally important for the 53 million Medicare beneficiaries with prescription drug coverage.

Fortune

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StockNews.com

3 Must-Buy Consumer Stocks This Week

With inflation cooling significantly from its peak in mid-2022, consumer spending picked up sharply in July, boosting the consumer goods industry’s prospects. Further, rapid digital transformation across the industry would create numerous growth opportunities. Hence, quality consumer stocks Unilever (UL), Yue Yuen Industrial (YUEIY), and Mannatech (MTEX) could be solid…

The Guardian - UK

Zimbabwe goes to polls amid deepening economic crisis

Promises to get inflation and unemployment on track after decades of Mugabe rule have failed to materialise

The Hindu

Govt.’s pre-emptive measures will cool food prices: Finance Ministry

Finance Ministry says food inflation likely to be transitory due to govt pre-emptive measures & arrival of fresh crops. Govt has taken steps to restrain food inflation & imports of pulses to moderate inflation. RBI's MPC revised inflation projection to 5.4% & Govt capex driving growth. External sector needs monitoring…

The Independent UK

September dates for benefits, pensions and cost of living payments

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference

Asian stocks have followed Wall Street higher as traders wait for signs of interest rate plans from this week’s Federal Reserve conference

The Independent UK

August dates for DWP cost of living payments, benefits and pensions

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

The Guardian - UK

FTSE 100 bosses ‘given average pay rise of £500,000 in 2022’

CEOs received average increase of 16% while pay of many working for them failed to keep up with inflation

The Times of India

Why soaring onion prices may hurt govt more than tomatoes

NEW DELHI: Rising onion prices in India pose a greater risk to Prime Minister Narendra Modi’s government than a recent spike of 700% in tomatoes, forcing authorities take fresh steps to contain food inflation before key polls.

The Independent UK

Pay for top bosses jumps 16% as wider wages behind inflation – think tank

Median pay for a FTSE 100 CEO increased from £3.41 million in 2021 to £3.91 million in 2022, the High Pay Centre said.

Chicago Sun-Times

Green jobs, clean energy projects are big wins for Biden

While no Republicans in Congress voted for the $350 billion clean energy package, jobs are being spread across red and blue states via the Inflation Reduction Act.

The Conversation

Prices are up and the supply of things we need is in flux. How did we get here?

This is the second article in The Conversation’s series examining Australia’s cost of living crisis. Read the first article in the series here.

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