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The Latest Breaking News from Inflation

Head teacher warns Welsh schools could ‘crumble overnight’ due to funding crisis

'It is not right that our children are being educated in schools that are falling down around them'

Wales Online

Looking for Tech Stocks? 3 That Are Great Buys Now

Inflation showing signs of slowing has buoyed the tech sector recently. Moreover, due to rapid digital transformation, tech spending is expected to stay elevated. Therefore, Cisco Systems (CSCO), Juniper Networks (JNPR), and Celestica (CLS) could be solid buys for investors looking for tech stocks. Read on….

StockNews.com

Stress and mortgage difficulties as inflation sees student HECS and other HELP debts balloon

As inflation rises, Australians with university debts say they're seeing their repayments evaporate and running into difficulties borrowing for mortgages.

ABC News

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read the most diverse news in one place.

3 Strong Retail Stocks to Buy for Bad Times

The high inflation and the Fed’s aggressive rate hikes have eroded consumer confidence. However, the retail industry is witnessing stable growth despite the macro headwinds. Therefore, fundamentally strong retail stocks, Kroger (KR), Albertsons Companies (ACI), and Casey’s General Stores (CASY), could be valuable additions to your portfolio now. Keep reading….

StockNews.com

Fed Vice Chair Brainard is 'reassured' by inflation report

Federal Reserve Vice Chair Lael Brainard said she was encouraged by last week’s U.S. inflation report, which pointed to slower price increases, and said the Fed would likely soon reduce the size of its interest rate hikes

The Independent UK

Martin Lewis issues urgent interest rate warning to all savings account holders

He says "check it now"

Nottingham Post

The Fed risks a 1920s-style Great Depression, warns ARK Invest's Cathie Wood

The celebrated ARK Invest founder warns the Fed is moving too quickly this year.

Fortune

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Why The US Dollar, A Safe Haven For Worried Investors, Rebounded On Monday

The Invesco DB US Dollar Index Bullish Fund (NYSE: UUP) rebounded by 0.6% Monday morning after a difficult week last week.

Benzinga

2 Risky Gaming Stocks to Sell if You Haven’t Already

Following the pandemic-led boom, the gaming industry is facing a slowdown as consumers battle with sky-high inflation and game fatigue. Hence, risky gaming stocks Roblox Corporation (RBLX) and Unity Software (U) might be best avoided. Continue reading.

StockNews.com

DWP to give Universal Credit boost as claimants could get extra £52 a month

The Government is expected to raise benefit payments in line with inflation which could see a 10 per cent increase for claimants - meaning they could get an extra £52 a month.

Glasgow Live

RBA flags rate pause but more rises likely

Mortgage holders are likely to endure more rate hikes but the central bank board wants to give its policy tightening a chance to flow through the economy.

AAP

Is Array Stock a Buy After Its Q3 Earnings Beat?

The Inflation Reduction Act (IRA) is expected to boost the U.S. solar manufacturing industry. Solar company Array Technologies (ARRY) surpassed the consensus EPS and revenue estimates for the third quarter. Given the favorable industry backdrop and the company’s better-than-expected results, is the stock a good investment now? Read on to…

StockNews.com

Next up is Jeremy Hunt as blockbuster week for the economy heads into the Autumn Statement

Thursday’s Westminster set-piece from Chancellor Jeremy Hunt is the main event in a big week for inflation, jobs and tax

Evening Standard

2 Stocks Every Investor Should Make Room in Their Portfolio For

Despite the October inflation report showing a slowdown in the price increases, the U.S. economy is still surrounded by deep uncertainty. Moreover, the IMF has warned of further challenges ahead. Therefore, quality stocks Johnson & Johnson (JNJ) and Coca-Cola (KO), which have a solid dividend-paying record, could be ideal additions…

StockNews.com

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Glasgow Live

DWP benefits and pensions set to rise alongside inflation amid 'eye-watering' cuts

Chancellor Jeremy Hunt will deliver his Autumn Statement on Thursday, November 17, as state pensions and benefits are expected to rise in line with inflation rates in 2022.

The Independent UK

What can we expect from the Autumn Budget?

Jeremy Hunt expected to deliver harsh package of tax rises and spending cuts to plug £60bn shortfall

Chronicle Live

Morrisons shopper 'nearly fainted' after seeing £8.25 price of Yorkshire Tea

Inflation has gone up and shoppers have seen the costs of food and drink rise - now customers have been left in disbelief after seeing the price of Yorkshire tea bags in Morrisons

StockNews.com

3 Dividend Stocks to Buy to Help Soothe Some of Your Pain

Although inflation eased slightly last month, the Fed has indicated that the final level of interest rates could be higher than expected. With further interest rate hikes and the possibility of a recession expected to keep the market under pressure, it could be wise to buy dividend-paying stocks Pfizer (PFE),…

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news in one place.

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Wales Online

Teacher strikes more likely after Welsh Government refuses to budge on 5% pay offer

Inflation in Wales is currently over 10% and anything below that would constitute a real terms cut in pay

Tribune News Service

Social Security benefits in 2023: 5 big changes retirees should plan for

Inflation has been sky-high over the last year, so it’s a good thing that the Social Security Administration (SSA) is boosting its cost of living adjustment (COLA) for benefit checks in 2023. It’s just one of many changes announced by Social Security recently.

Tribune News Service

Commentary: Why the inflation rate isn’t as bad as you think

Inflation is a hot-button issue, and its political fallout can be huge. Some think that the hyperinflation during Germany’s Weimar Republic in the 1920s — when, at a trillion to the dollar, the German mark literally was not worth the paper it was printed on — contributed to the rise…

Tribune News Service

Card balances continued to grow at moderate pace in September, Fed reports

Credit card debt grew moderately in September, as gas prices continued to decline. While inflation remained an issue impacting consumers, rising 8.2 percent over the year for September, gas prices were down 4.9 percent from August. This follows August’s month-over-month 10.6 percent downslide in gas prices.

The Guardian - UK

Monday briefing: The UK has slumped into recession once more – how will Sunak and Hunt respond?

In today’s newsletter: Days before the Chancellor’s budget on Thursday, the government has an energy crisis, rising poverty and strikes to handle – and it could get worse

Birmingham Post

PMI: Northern Ireland economy contracts at fastest rate in nearly two years

Soaring inflation and eroding confidence blamed for latest slide

The Guardian - UK

Is austerity the only way for Jeremy Hunt to reassure the markets?

Many investors believe taking money from the rich and giving it to the poor would be ‘fine’ with the bond market

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