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The Latest Breaking News from Inflation

Millions of workers get 'massive pay cut' dressed up as rise - find out if you are one

Teachers, police officers, NHS staff, civil servants and other public sector workers are being handed measly pay rises as the cost of living crisis spirals - triggering warnings of strike action

Daily Mirror

The Power of Dividend Reinvestment in REITs

Once upon a time in the United States, regular savings accounts paid over 5% interest. The May 31, 1979, issue of the New York Times reported that federal regulators allowed commercial banks to pay 5.25% interest on their savings accounts, while savings and loans and mutual savings banks were able…

Benzinga

'Remarkable recovery' at Nottingham's Motorpoint Arena but 'significant issues' lie ahead

Ticket prices have been hiked due to soaring inflation

Nottingham Post

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Try These 3 Dividend Stocks Instead of Buying the Market Dip

The stock market has been under pressure with the soaring inflation and the Fed’s aggressive rate hikes. Amid the market downturns, investors are buying the dip in stocks, which can generate long-term returns. However, dividend investing could be a wise strategy to ensure a stable income stream amid the uncertain…

StockNews.com

NHS nurses' £1,400 pay rise described as 'a kick in the teeth' by unions

Unions say the £1,400 award varies from around 4% to over 9% for staff which represents a real-terms cut as inflation soars

Chronicle Live

Apple reportedly will curb hiring next year in response to rocky economy

The company joins other tech firms in slowing hiring as fears grow that inflation will lower consumer demand

The Guardian - US

Half-point interest rate rise ‘on the table’ next month, says Bank of England chief

Andrew Bailey also announces plan to sell off some of Bank’s bonds stock to reinforce effect of higher rates in tackling inflation

The Guardian - UK

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Government confirms ‘unacceptable’ 5% pay rise for experienced teachers

Teachers’ leaders have described the rise for experienced teachers as ‘unacceptable’, with strikes possibly going ahead in autumn.

The Independent UK

Strikes threat as UK public sector staff given below-inflation pay rise

Unions warn many workers will quit teaching, nursing and social care rather than take real-terms pay cut

The Guardian - UK

Nurses, teachers and police get pay rises of 4-5%, as unions prepare for strike action

Unions say below-inflation increases ‘kick in the teeth’ for Britain’s key workers

The Independent UK

UK awards below-inflation pay rises for police and health workers

Britain announced below-inflation pay rises for police officers and National Health Service (NHS) staff on Tuesday, as part of an annual pay review for public sector workers that comes amid soaring prices.

Reuters

NHS nurses given £1,400 pay rise - but it's a 'massive national cut' as inflation soars

Unions blasted the "kick in the teeth" as instead of a percentage rise, more than a million NHS staff will be given a permanent £1,400 boost to their pay. For many it's just 4%, a real-terms cut

Daily Mirror

A Potential Bullish Case in the Midst of the Current Bear Market?

Since mid-June, market action has been pretty benign especially given the context of a bear market. It's clear that the economy is slowing which is a major bearish development as it increases the odds of an earnings contraction. But, there is also a bullish impulse as the S&P 500 (SPY)…

StockNews.com

Inflation expected to have soared even higher in June as cost crisis ramps up

Economists are forecasting the latest figures from the Office for National Statistics will show Consumer Prices Index (CPI) inflation rose in June.

The Independent UK

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Al Jazeera

Five things to know about inflation and how it is affecting us

Why inflation is happening across the globe, and what the pandemic and war in Ukraine mean for food and energy prices.

Reason

America's Fishing Industry Is Getting Caught Up in the Trade War

Seafood prices have gone up by double digits as tariffs and inflation drive up costs for consumers

Tribune News Service

Has inflation peaked? What experts say consumers can expect in the next few months

SACRAMENTO, Calif. — Here’s what experts say is the future of prices, which have been increasing at levels unseen in nearly 41 years:

The Independent UK

Schools could face £2.5bn ‘pay cut’ with new budgets as inflation bites, Lib Dems say

Union says new settlement ‘does not remotely take into account the huge inflationary pressures’

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The Conversation

Inflation is rising in Kenya: here's why, and how to fix it

Inflation has hit many countries recently, from the United States to Sri Lanka.

The Independent UK

Schools’ funding increase will not cover inflationary costs, headteachers say

Schools’ core funding will increase by £1.5 billion next year.

ABC News

Reserve Bank review will scrutinise who sits on the board and whether their views should be more transparent

A Reserve Bank of Australia review is set to examine whether its long-standing inflation target should remain.

The Conversation

International expert to review Reserve Bank as deputy governor says households in 'fairly good position' on rate rises

An international expert on monetary policy, Carolyn Wilkins, is one of a three-member panel that will conduct a broad review of the Reserve Bank, including its objectives and the interaction of monetary and fiscal policy.

The New Daily

Monthly mortgage bills could rise by another $650. But the RBA’s not worried yet

Home owners are facing another $650 rise in their mortgage bills within months as the economy is pushed to the brink to curb inflation.

WEKU

Yellen believes U.S. will get on board with global minimum corporate tax — eventually

Treasury Secretary Janet Yellen spoke to Morning Edition about global efforts to choke off much of Russia's profit from oil sales and the odds of a recession in the U.S.

Insider UK

Scottish insolvencies fall even as rising inflation cranks up pressure on businesses

Insolvency advisor warns that rising UK trend may spread in the coming months

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