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

William Ruto is now in charge of Kenya’s shaky economy: where to start

Kenya’s President William Ruto, sworn in as new President on 13 September 2022, has inherited an economy saddled with debt, inflation, joblessness and national pessimism. The International Monetary Fund has also added to his pain: it recently asked Kenya to broaden its tax base and scrap the fuel subsidy.

The Conversation

Kenya scraps petrol subsidy after president warned it was unsustainable

Kenya scrapped a subsidy on petrol a day after new President William Ruto said subsidies were unsustainable, in a move that could add to upward pressure on inflation.

Reuters

Biden's swagger: He thinks they'll win

A puzzling White House event this week sent a clear signal under the surface: Democratic confidence is soaring

Salon

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

Retail sales up 0.3% in Aug. from July amid inflation

Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and food take a toll on household budgets

The Independent UK

Fewer Americans file for jobless benefits again last week

The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressive interest rate cuts to bring inflation under control

The Independent UK

Residents of a deprived London borough remember queen fondly

But some question the cost of a state funeral at a time of rising inflation.

Al Jazeera

ASX ’outperforms’ amid fallout from Wall Street carnage

The Australian market was not immune from the sell-off on Wall Street but was able to 'outperform' relatively, falling by only 2.6 per cent.

The New Daily

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

Why Black Wednesday still matters – it was the start of markets telling politicians what to do

I spent Black Wednesday – the day the markets successfully bet against the power of the British government to prop up the pound sterling – on the 28th floor of Dresdner Bank’s headquarters in Frankfurt. I had just been hired as an exchange-student intern in the back office for currency…

The Conversation

California sues Amazon for anti-competitive practices

The US state of California has filed a lawsuit against Amazon, accusing the e-commerce giant of violating its antitrust law by blocking price competition and making online shopping more expensive for consumers. The lawsuit is limited to California, but, if successful, could trigger similar action in other states. Plus, inflation…

France 24

How do interest rates affect inflation?

Borrowing costs at their highest level in 14 years

The Independent UK

What is inflation and what is its current rate in the UK and Europe?

UK inflation fell this week as fuel prices dropped

The Independent UK

Saudi Consumer Prices up 3% in August

Saudi Arabia’s consumer price index rose 3% in August from a year earlier, official data showed on Thursday, accelerating from a 2.7% pace in July. Food and beverages and transport prices were again the main driver of inflation in August, both rising 4%, the General Authority for Statistics said in…

Asharq Al-Awsat

Cash-strapped Durham County Council pleas for help from government to deal with £15m overspend

Senior figures at Durham County Council say the government must step in to help it cope with soaring inflation, and energy costs

Chronicle Live

Editorial: Real problems with Biden’s student loan forgiveness

It’s reassuring to see an honest debate unfold about a federal initiative as sweeping as President Joe Biden’s decision to cancel billions of dollars in student loans. There’s plenty of room for disagreement about whether the initiative helps those who deserve it the most, needlessly stokes inflation, favors the wealthy…

Chicago Tribune

Get all your
news in one place.

100's of premium titles.
One news app.

Daily Record

State Pension payments on track for record-breaking rise next April for 12.5m older people under triple lock

New State Pension payments could increase to more than £200 per week from next year.

Evening Standard

John Lewis plunges to £99m loss as inflation bites

JOHN Lewis plunged to a £99 million loss in the first half of the year and pledged a £500 payment to full-time staff to help ease the cost-of-living crisis.

WEKU

High rents outpace federal disability payments, leaving many homeless

Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn't kept pace with inflation. Many recipients are homeless, unable to save for an apartment.

The Guardian - UK

John Lewis suffers first half loss of £99m and warns of risk to staff bonuses

Outlook ‘uniquely uncertain’, says Partnership as it announces cost of living support for staff

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Asian shares mixed after wobbly gains on Wall St

Asian shares are mixed after modest gains on Wall Street

Edinburgh Live

Over a third of Scottish high school teachers could strike after rejecting pay offer

The news comes in the midst of a cost-of-living crisis caused by rising inflation and increasing energy prices, with Cosla locked in industrial disputes with education staff and cleansing workers

The Hindu

Bharat Jodo Yatra started to break govt.'s silence on inflation: Congress

Congress general secretary Jairam Ramesh asked why is the Modi government silent on back-breaking inflation

Reason

The U.K.'s New 'Free Market' Prime Minister Is Fighting Inflation With Price Controls

This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.

Liverpool Echo

Struggling State Pension claimants hit with seven month warning

Pensioners received a real terms pay cut this year

Bangkok Post

BAREIT fund begins trade on the SET

SET-listed Bangkok Airways (BA) kicked off trading on Wednesday of its real estate investment fund on the Stock Exchange of Thailand, offering a first-year return of up to 8% during a period of low interest rates and high inflation.

Benzinga

The Crude Oil Bull And Bear Case With Inflation Data, Russian Supply Front Of Mind

Financial instruments move in streaks — daily and weekly ones that lead to monthly ones. The price of the front-month contract for crude oil futures doubled from December 2021 to May 2022, ending November at $53.29 and ending May at $109.01.

1 … 721 722 723 724

People

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

Organisations

Office for National Statistics

2,576 stories

John Lewis

2,450 stories

International Monetary Fund

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.