Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from Inflation

Inflation and economic crises strain pilgrims in this year's Hajj, putting it out of reach for some

Global inflation over the past year has hiked prices for Islam's Hajj pilgrimage dramatically

The Independent UK

New York City Orders Inflation-Adjusted Rent Cuts at Rent-Stabilized Buildings

The country's largest legacy rent-control policy is pushing building owners to the breaking point.

Reason

'Inflation woes are not an accident, they are consequence of successive Tory governments'

The Bank of England has used the only weapon in its armoury to try to bring down inflation. But this is a crisis that has been incubated in Downing Street

Daily Mirror

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

Protesters' clamour over coal is making things worse in climate fight

What they achieve is to irritate the general population

Newcastle Herald

‘Shock and awe’ interest rate rise leaves Sunak’s cost of living pledge in tatters

Bank raises base rate to 5% and is predicted to go to 6% as pressure grows on government to intervene

The Guardian - UK

Don’t worry about inflation, folks – Rish! is 100% not on it

Sunak’s claims that he can fix everything make him sound like a dodgy boyfriend – is he serious?

The Guardian - UK

3 Stocks With Strong Momentum This Month

Given the inflationary environment, the Fed’s committed efforts in bringing inflation down to its 2% target will likely keep the market volatile in the near term. Despite market fluctuations, fundamentally sound American Airlines Group (AAL), Air Canada (ACDVF), and Accel Entertainment (ACEL) have exhibited strong momentum. Owing to their solid…

StockNews.com

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

Markets predict 6% UK interest rate by end of year

Rates will remain at level until summer 2024 after Bank of England hikes benchmark rate by half a percentage point

The Guardian - UK

Billionaire CEO Barry Sternlicht admits he was 'a little early' with his recession calls. 'I did not understand the strength of the consumer'

The head of Starwood Capital Group said it all comes down to the labor market. “People are employed and when people are employed, they spend money.”

Fortune

Orsted 'increasingly confident' Hornsea Three offshore wind farm will proceed as cable deal struck

Inflationary costs had been highlighted by global leader

Birmingham Post

Are these 3 Stocks the Best for Stability this Week?

While inflation exhibits signs of cooling, it still exceeds the Fed’s 2% goal. Given the possibility of additional rate hikes and an economic slowdown, it could be wise to seek refuge in relatively stable stocks to help weather the economic uncertainty. So, let’s find out if Ingredion (INGR), PC Connection…

StockNews.com

3 Growth Stocks Investors Love

Despite high inflation, the economy grew faster than initially estimated in the first three months of 2023. Although recession fears still linger, investors could buy fundamentally solid growth stocks Ziff Davis (ZD), Xerox Holdings (XRX), and Yext (YEXT). Keep reading.

StockNews.com

Fed's Powell reinforces likelihood of more rate hikes because of persistently high inflation

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market

The Independent UK

Who hires (and fires) the Bank of England governor?

PM says he still backs Andrew Bailey despite criticism he has failed to take the right measures to curb inflation

The Guardian - UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Conversation

Why the Bank of England's interest rate hikes aren't slowing inflation enough and what that means for mortgages

Consumer price inflation stuck at 8.7% in May, defying expectations of a slowdown and making a further rise in UK interest rates inevitable.

StockNews.com

3 Stocks With Major Momentum to Buy

The Fed’s multiple rate hikes to curb the stubbornly high inflation have triggered a fresh bout of anxiety among investors. However, with a slowdown in inflation and a rate hike pause for this month, Loews Corporation (L), Liberty Energy (LBRT), and Key Tronic (KTCC), which have gained momentum, could be…

The Week

Will interest rates come down again?

The Bank of England has increased its base interest rate from 4.5% to 5% in a bid to tame inflation. It is the 13th hike in row and the highest the rate has been for 15 years.

France 24

Paris 'Recovery' Air Show: Boeing forecasts doubling of global fleet by 2042

As the aviation industry gathers at the Paris Air Show, aircraft manufacturers are cautiously optimistic. Demand for international travel is growing, although inflation and supply chain issues still dampen the mood. In this special edition of People & Profit from Le Bourget, FRANCE 24's Charles Pellegrin talks to Boeing's senior…

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

Gen X thinks they need $1.5 million to retire

That's more than other generations—but Americans everywhere think they need to save more and work longer to retire comfortably thanks to inflation.

Evening Standard

OPINION - The Bank of England vs inflation: over-reacting or under-reacting?

My toxic character trait is that, whenever I find myself in a non-English speaking country (as I believe locals call their mother tongue) and I’m asked a question, I panic and reflexively default to French. This has gone on to cause a scene in Germany, Brazil and one time in…

The Independent UK

Interest rates blame game erupts between Tories and Bank of England, as recession warnings grow

Bank governor Andrew Bailey fights for future – and blames company bosses for fuelling inflation with pay rises

Bangkok Post

Bank of England delivers big rate hike

LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.

The Guardian - UK

Turkish central bank raises interest rates to 15% after two-year freeze

Experts say increase from 8.5% may be insufficient to tackle surging inflation some estimate to be 110%

The Guardian - UK

Bank of England faces flak as economic history fails to repeat itself

Critics say Bank should pay less attention to economic models and more to what is happening on the ground

Daily Record

Mortgage crisis set to escalate as Bank of England hikes interest rates to 5%

More than 1.4 million mortgage holders could lose at least a fifth of their disposable income in additional repayments.

1 … 465 466 467 468

People

Sristi Suman JayaswalThe

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

Organisations

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.