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The Latest Breaking News from Inflation

2 Stocks You Can Buy This Week for Less Than $50

Recessionary fears continue to weigh on investors’ sentiment as inflation is still soaring high, and the Fed is likely to continue with its aggressive interest rate hikes. With prospects of a mild recession next year, it could be wise to invest in fundamentally strong stocks Comcast Corp. (CMCSA) and Albertsons…

StockNews.com

Tunisia Central Bank Raises Key Rate by 75 Bps to Curb Inflation

Tunisia’s central bank on Friday raised its key interest rate by 75 basis points to 8% from 7.25% to combat high inflation, the bank said, marking the third hike this year. Tunisia's inflation rate jumped to a record 9.8% in November from 9.2% in October. "Through this action, the Central…

Asharq Al-Awsat

Analysts predict economic struggles for Zimbabwe in 2023

Ahead of the 2023 polls, there are concerns that Zimbabwe’s economic woes could spill over.

Al Jazeera

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Americans took better care of their finances this year

Many Americans made the right financial moves this year. But thanks to inflation and a threat of recession, most don't believe 2023 will improve their finances.

Fortune

Sensex, Nifty end 2022 with over 4% gains: How markets outperformed global peers

NEW DELHI: When the year began, investors were looking forward to a rally similar to the past 2 years where the bulls were in charge. However, 1 month into 2022 and bears took over as markets reeled under uncertainties brought in by the Russia-Ukraine war.

The Times of India

Wealth advisors offer money tips they’re sharing with their clients for 2023

We spoke with five wealth advisors to learn what they’re telling clients to do to prepare for 2023.

Fortune

Cost of living warning to families as household incomes predicted to fall again this year

The financial squeeze is set to make 2023 a ‘groundhog year’ for many families.

Daily Record

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3 prime ministers, 2 monarchs, 1 year: This was Britain's tumultuous 2022

2022 was the year in which Great Britain lost its queen of seven decades, gained a new king and saw three prime ministers take office. The year concluded with multiple strikes and inflation near 11%.

WEKU

Future of State Pension Triple Lock rule is 'difficult decision’ for UK Government, warns money expert

There is also speculation that the State Pension age could increase a decade earlier than planned.

Daily Record

How to protect your retirement savings as living costs rise

Worried about the cost-of-living crisis impacting your pension? These expert tips could help, says Vicky Shaw.

The Independent UK

2023 set to be 'year of recession', expert says

The cost of living crisis wrought havoc in 2022, but 2023 is not expected to be much better

Wales Online

'Groundhog year' as cost of living crisis set to continue

Inflation may ease and interest rate rises peak lower than feared, but the cost-of-living crisis will deepen to make families suffer

Wales Online

Families facing ‘groundhog year’ as financial squeeze continues – think-tank

Family finances face a repeat of 2022’s squeeze as the cost-of-living crisis deepens, the Resolution Foundation has warned.

The Independent UK

Final California inflation relief payments are coming, with debit cards being sent by Jan. 14

If you still have not received your California inflation relief payment, it could be on its way in the new year.

Los Angeles Times

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ABC News

As the UK falls into a recession that could soon swallow Europe, this town offers clues on England's cost-of-living nightmare

Prices quietly surged in this small town in the United Kingdom. Then it became the epicentre of a cost-of-living crisis.

Reason

Congress and the Federal Reserve Could Be Setting Us Up for Economic Disaster

If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.

StockNews.com

3 Hot Stocks on Wall Street’s Radar Right Now

While the Fed’s aggressive rate hikes this year have led to inflation colling in recent months, it is far beyond the Fed’s target rate. Moreover, amid mounting layoffs and recessionary concerns in the economy, it could be wise to invest in fundamentally strong stocks Broadcom (AVGO), Fortinet (FTNT), and Advanced…

Daily Mirror

Tories give civil servants £30m vouchers from Argos to Primark - but no proper pay rise

The use of 'reward and recognition' vouchers for civil servants has surged as Tories dig in and refuse to negotiate a proper pay rise for staff, despite inflation soaring

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StockNews.com

2 Attractive Dividend Stocks to Buy With 6%+ Yields

The multi-decade high inflation, rising interest rates, and geopolitical tensions have led to significant stock market volatility this year. Amid the prevalent recession fears, investing in high-yield dividend stocks BHP Group (BHP) and ARC Document Solutions (ARC) could add a protective layer to one’s portfolio. Read on….

Chronicle Live

20 things that could affect your finances in 2023 - all the money dates for your diary

Here is a round up of all the key dates and changes coming next year to help plan your finances, including council tax rises

The New Daily

Inflation raises retirement concerns, but there are actions to take to enhance your super

The effects of the pandemic have dinted views on how much they are likely to have to retire on, according to AMP's Financial Wellness survey.

Chicago Tribune

Editorial: Economic downturns hurt Americans. They can kill Somalis

Federal Reserve Chair Jerome Powell kicked off the holiday season with another interest-rate increase. He also lit the fuse for a sell-off in the stock market by telling the world, “We have more work to do,” signaling additional rate hikes in 2023. A year-end “Santa Claus Rally” could still materialize,…

Tribune News Service

VIEWPOINT 1: 2022 was hard, but good public policy made it a success story

There’s no question that 2022 was challenging. A stubborn pandemic, Russia’s devastating war in Ukraine and the resulting inflation have all squeezed American families.

Birmingham Post

East Midlands businesses back a better 2023, says survey

Despite Ukraine war, high inflation and Brexit, Lloyds Bank survey suggests nine in 10 bosses plan to invest

Manchester Evening News

20 key money dates and changes due in 2023 and how they affect you

Some major changes will come into place next year, including energy bill hikes

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