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The Latest Breaking News from Inflation

4 Leisure Stocks to Avoid as Recession Worries Build

Sky-high inflation and the Fed’s aggressive stance to fight it have led to rising recession odds. As a result, consumer spending on leisure and entertainment is expected to be affected. Hence, leisure stocks Hyatt Hotels (H), Royal Caribbean Cruises (RCL), fuboTV (FUBO), and Roblox (RBLX) might be best avoided now,…

StockNews.com

The cost of misrepresenting inflation

The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged

The Hindu

Cost of Living: Find out how much everything you pay for daily has risen in price

The price of food has risen at the fastest rate since 2009, with cheese prices up more than 12% and milk by over 26%. Economists warn inflation could spiral even more

Daily Mirror

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read the most diverse news in one place.

Inflation ‘number one concern’ for Britons

Spending habits have changed amid rising cost of living

Evening Standard

Wages growth should be skyrocketing on the back of Australia’s low unemployment. Is the system broken?

The hope for productivity driving wages growth will only occur if the labour market truly becomes fair

The Guardian - AU

Golden chance for NZ exports as West 'friend-shores' its supply chain

The US is leading calls to trade first with countries it knows and trusts. NZ must grasp opportunities to be part of such international supply chain resilience initiatives.

Newsroom.co.nz

Inflation hits 9.4% but some key items have seen prices rise by a lot more

Butter up 22% and flour by 19% - a look at how the prices of specific items have gone up over the last 12 months

Wales Online

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Fed rate cheat sheet: What all those terms really mean

With the recent interest rate hikes and rumblings about inflation, you’ve probably been hearing a lot about The Federal Reserve — and all the jargon that comes with it.

Tribune News Service

Why A 1% July Interest Rate Hike May Be Off The Table

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June, its first interest rate hike of that size since 1994. With this month's Federal Open Market Committee meeting just around the corner, investors are still debating whether the Fed will opt for another 0.75% rate hike…

Benzinga

Does Market Volatility Have You Worried? Rest Easy With These 3 Stocks

The stock market has been under pressure due to economic factors like inflation and the Fed trying to tame it with monetary policy tightening. However, the stock market indices are bouncing back on the backs of strong corporate earnings. Hence, we think fundamentally solid stocks Procter & Gamble (PG), Mitek…

StockNews.com

What is the rate of inflation and why is it going up?

Brits are struggling with the rising cost of living, but why do prices keep increasing?

Chronicle Live

Start Christmas shopping in July to ease burden of cost of living crisis, Tesco says

Supermarket suggests customers ‘spread the cost of Christmas’ over next five months as inflation hits 40-year high

The Independent UK

How much is the NHS staff pay rise in Scotland and when will it be applied?

BMA Scotland said the offer equates to a "large real-terms pay cut" as UK inflation hits its highest level in 40 years. Health Secretary Humza Yousaf said the uplift shows the government values the "important contribution" of staff.

Daily Record

B&G Foods (BGS) Down 15% In 3 Months: High Costs A Key Reason

B&G Foods, Inc. (NYSE: BGS) appears to be in not-so-great shape, with its shares down 15.3% in the past three months compared with the industry's decline of 8.7%.

Benzinga

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The Independent UK

Cost of living crisis 2022: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

Daily Mirror

Martin Lewis says savings rates hit a 10-year high - but many banks still ignore savers

Savings deals are paying decent interest rates again, and now MSE's Martin Lewis says if your bank isn't paying 1.5%, it's time to switch - and not to let rising inflation put you off

Manchester Evening News

How much items such as milk, eggs, meat fruit have risen in price in the past 12 months

The cost of milk has risen by 26 per cent

The Times of India

'No GST on crematorium services': Parliament business suffers as BJP, Congress spar over tax hike

NEW DELHI: The business of Parliament’s monsoon session suffered for the third consecutive day over the protest by the Congress-led opposition against inflation and the recent levy of Goods and Services Tax (GST) on certain items. A war of words has ensued between the BJP and the principal opposition Congress…

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The Independent UK

As inflation reaches 9.4% – what is it and how will it impact your savings?

The Office for National Statistics is tasked with estimating the UK inflation rate.

Irish Mirror

Irish inflation rate 2022: What is inflation, why is it so high in Ireland and what happens next?

Many in Ireland are not able to cope with the rises in cost of pretty much everything, with a two-year battle with Covid-19 and the Russian invasion of Ukraine proving to be too much for some

Wales Online

What is inflation and why has it gone up again?

With inflation reaching a 40-year high you may have noticed essentials costing more than they used to. But why are prices going up?

StockNews.com

Pepsi Kicked off Earnings Season With a Bang. Buy It Now or Wait?

PepsiCo (PEP) surpassed Wall Street earnings and revenue estimates for its fiscal second quarter and raised its revenue outlook despite the economy suffering multi-decade high inflation. The company believes costs will rise further in the upcoming months, and it must manage costs to protect its margins. So, will it be…

The National (Scotland)

Tories prioritise in-fighting as inflation skyrockets to 40 year high, says SNP

THE SNP have slammed the Tories for prioritising their leadership contest over the cost-of-living as inflation surged to a 40-year high.

Irish Mirror

Is Ireland now headed for a proper recession? Leo Varadkar gives ominous update amid soaring inflation

Tanaiste Leo Varadkar said the cost-of-living squeeze will “feel like a recession” for people who don’t receive a pay rise

The New Daily

The Reserve Bank will face a major review. Here’s what that means

Australia’s inflation target and why the Reserve Bank has failed to achieve it will be probed in the biggest review of the central bank in decades.

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