Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Inflation

OPINION - Pay rises for public sector workers (but tax rises for all)

So, the government has gone with option 1, sub-section c: accept the recommendations of the pay review bodies – with mostly no new money. This neatly avoids higher borrowing, inflation or taxation (more on that later), but means cash must be found from existing department budgets not exactly flush with…

Evening Standard

UK government offers millions of public sector workers pay hikes to end strikes

The British government has offered millions of public sector workers pay raises in a bid to end an array of strikes

The Independent UK

What the public sector pay rises announced by Government mean for strikes, budgets and inflation

The Government has announced significant pay increases for public sector workers of around 6% or more

Evening Standard

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

US wholesale prices for June point to further easing of inflation pressures

Wholesale prices in the United States decelerated again last month, the latest sign that inflationary pressures are easing in the face of the Federal Reserve’s streak of interest rate hikes

The Independent UK

Fast-rising borrowing costs putting UK public finances at great risk, warns OBR

Gloomy report says national debt could exceed 300% of GDP within next 50 years

The Guardian - UK

Public-sector pay: where can Rishi Sunak find the cash to stop the strikes?

The government is expected to announce today whether it will approve pay increases of 6-6.5% for public-sector workers.

The Week

Pinch of Nom: Healthy eating doesn’t have to cost the earth

Kate and Kay Allinson, the duo behind popular slimming recipe site Pinch of Nom, talk clashing personalities, food inflation and listening to their audience. Prudence Wade writes

The Independent UK

Read news from The Economist, FT, and more,
with one subscription

S&P Futures Climb Ahead of Key U.S. PPI Data, PepsiCo Earnings on Tap

September S&P 500 futures (ESU23) are trending up +0.39% this morning after three major U.S. benchmark indices finished the regular session higher after a report showed U.S. consumer prices slowed further in June and boosted hopes that the Federal Reserve was nearing the end of its rate-hiking campaign, while investors…

Barchart

S&P Futures Climb Ahead of Key U.S. PPI Data

Barchart

Biden frames his clean energy plan as a jobs plan, obscuring his record on climate

President Biden's Inflation Reduction Act invests $369 billion to address the climate crisis. But as the president focuses on the law's economic benefits, is his climate win getting lost?

WEKU

Sunak and Hunt meeting to finalise public sector pay deals

The Prime Minister and Chancellor could face a backlash from unions if they reject the recommendations of pay review bodies.

The Independent UK

Brickbat: The Rising Cost of Getting By

Starting July 12, New York City will require food delivery apps to pay their workers $17.96 an hour. That will rise to $19.96 in hour in 2025 and then be indexed to inflation. Prior to the law taking effect, food delivery workers were making about $12 an hour in the…

Reason

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

Barclays, Yes Bank raise India inflation forecast as prices jump

NEW DELHI: A higher-than-expected India inflation reading in June has prompted some economists to raise their forecasts for consumer price gains for the year, cementing expectations the central bank will take more time to pivot to rate cuts.

The Times of India

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Stock market today: Asian shares jump on Wall Street's return to its highest level in over a year

Asian shares have opened higher, boosted by Wall Street’s return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more than expected last month

Birmingham Post

Confidence growing in East Midlands economy

NatWest business survey found inflation eased in June and business confidence was at its strongest since early 2022

The Independent UK

China exports slumped 12.4% in June from a year earlier as global demand weakened

China has reported its exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation

The Guardian - UK

UK cost of living payments were ineffective sticking plaster, IFS says

Thinktank says nearly £19bn cost of scheme would have been better spent on raising value of benefits

Get all your
news in one place.

100's of premium titles.
One news app.

WEKU

Why inflation is losing its punch — and why things could get even better

Annual inflation fell to 3% in June, the lowest since March 2021. That probably won't stop the Federal Reserve from raising rates again, but this month's expected hike could be the last.

Fortune

Top labor economist says the Fed may have just won its inflation fight, batting aside the ‘sticky’ thesis

“Many economists argue that the last mile of inflation reduction will be the hardest, but that isn’t necessarily the case,” ZipRecruiter’s Julia Pollak told Fortune.

Barchart

Stocks Rally on Speculation the Fed is Nearing the End of Rate Hikes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.74%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.24%. Stock indexes Wednesday rallied, with the S&P 500 posting...

Kiplinger

Stock Market Today: Falling Inflation Sparks Rally in Tech Stocks

All three major indexes closed higher after the June CPI report, but tech stocks saw outsized gains.

Barchart

Dollar Sinks on Increased Chance the Fed’s Rate-Hike Regime May Soon End

The dollar index (DXY00 ) Wednesday plunged by -1.17% and posted a 14-1/2 month low. The dollar sank Wednesday on speculation the weaker-than-expected U.S. June CPI report will prompt the Fed to end its rate hike campaign sooner than expected. Also, lower T-note yields Wednesday weighed on the dollar, and...

The Conversation

New findings show a direct causal relationship between unemployment and suicide

Studies using traditional statistical methods have long indicated a link between unemployment and suicide. But until now it has been unclear if this relationship is causal. That is, even though the suicide rate is higher among the unemployed, can we definitely say unemployment directly leads to suicide?

The Independent UK

Biden wants voters to notice inflation drop. Republicans say people are put off by everyday prices

The politics of inflation took a sharp turn with a new report showing consumer prices rose at the slowest pace since the early months of Joe Biden’s presidency

1 … 507 508 509 510

People

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

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.