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The Latest Breaking News from Inflation

The jostling winners in a dog-eats-dog high inflation world

The cost of living is increasing at its fastest rate since 1990. Inequality means more status competition, as people jostle in a high-stakes economy.

Newsroom.co.nz

The global economy may have entered a new era: "The Great Volatility"

Pandemic, war and climate change have created rolling crises

Axios

The forgotten Edinburgh supermarket chain that gave us frozen food in the 1980s

Frozen foods specialist Capital Foods emerged as an Edinburgh success story in an era when inflation was soaring and consumers were keen to cut down on spending.

Edinburgh Live

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Try These 3 Stocks Ideas for a Golden Retirement

The U.S. market came back in July and early August owing to a robust job market, strong corporate earnings, and a slight decline in inflation. However, the Fed’s hawkish stance to hike the interest rates aggressively until inflation comes down to the target level is expected to keep the market…

StockNews.com

What are green jobs and how can I get one? 5 questions answered about clean energy careers

When President Joe Biden signed the Inflation Reduction Act in August 2022, he called it the “largest investment ever” to fight climate change. He also said it would lead to the creation of well-paying union jobs to help “reduce emissions across every sector of our economy.” These jobs are also…

The Conversation

Dried-out farms from China to Iowa will pressure food prices

Drought is shrinking crops from the U.S. Farm Belt to China’s Yangtze River basin, ratcheting up fears of global hunger and weighing on the outlook for inflation.

Tribune News Service

Cost of living rises hitting people wanting to rent and buy homes, survey finds

MyHome.ie data suggests the impact of property price inflation and the rising cost of living may have tempered people’s expectations on price rises in the next year

Irish Mirror

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8 best short-term investments in August 2022

If you’re looking to invest money for the short term, you’re probably searching for a safe place to stash cash before you need to access it in the not-so-distant future. The volatile markets and slumping economy led many investors to hold cash as the coronavirus crisis dragged on — and…

Tribune News Service

Congress slams Centre over inflation; says BJP trying to divert attention from real issues

The Congress will hold a rally against inflation at the Ramlila Maidan in Delhi on September 4, Congress spokesperson Pawan Khera said at a press conference in Mumbai.

The Hindu

Cost of living: 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

The Independent UK

Congress Protest: Modi govt misusing CBI, ED to silence opposition, says AICC spokesperson Gourav Vallabh

The Centre has been misusing the CBI and ED to silence the opposition but the Congress will continue to raise its voice against the rising inflation and imposition of GST on essential food grains, AICC spokesperson Gourav Vallabh said. Read more on Dynamite News:

Dynamite News

India seeks to avoid panic with targeted rice export curb

NEW DELHI: India’s potential clampdown on exports of broken rice shows the world’s top shipper trying to thread the needle of cooling domestic inflation without causing global panic.

The Times of India

How to understand the risk in your investments

"The greater the risk, the greater the potential for a return over inflation, and the greater the potential for loss"

Birmingham Post

How to travel more without spending more? Podcast host has answers

With rising inflation rates and less disposable income, travelers are looking for every way imaginable to stretch their dollars and travel on a budget. Sometimes, credit card rewards and airline miles can turn a standard trip into a dream adventure.

Tribune News Service

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Manchester Evening News

Help IS on the way for households preparing for huge winter energy bills, Tory minister insists - as warning is issued on 'lethal cocktail' of recession and high inflation

'The government is making plans to help people as they will need it with energy bills this winter'

Dynamite News

Congress to hold 22 pressers on price rise

Cornering the government over the issue of inflation Congress will hold press conferences at 22 places across the country on Monday. Read more on Dynamite News:

The Conversation

A witty memoir of taking on the family farm reckons with Indigenous dispossession and climate change

It’s been a tough couple of years for Australian farmers. Just months after Black Summer’s devastation, the pandemic struck. Catastrophic floods soon followed. African Swine Fever and foot and mouth on our doorstep pose an enormous threat, as do the more banal issues of inflation and labour shortages.

The Independent UK

Asian shares slide on Wall Street drop that ended last week

Asian shares have declined after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation

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Tribune News Service

Central Bankers in Jackson Hole embrace tightening mission ahead

Top officials from the world’s biggest central banks coalesced around a simple message in Jackson Hole this weekend: They are ready to follow through with higher interest rates, even if it does some damage.

ABC News

ASX plunges on Powell comments, Fortescue drags on subdued earnings, A2 Milk soars nearly 10pc

Australian shares have plunged, tracking Wall Street losses last week after US Federal Reserve Chair Jerome Powell reiterated a hawkish tone to battling inflation, while miner Fortescue Metals skidded after posting a lower annual profit.

The Conversation

Summits old and new: what was Bob Hawke's 1983 National Economic Summit about?

This article is part of The Conversation’s series looking at Labor’s jobs summit. Read the other articles in the series here.

Tribune News Service

Warren says Fed policies could tip US economy into recession

WASHINGTON — Sen. Elizabeth Warren took aim at the Federal Reserve’s inflation-fighting game plan on Sunday, saying she was worried the central bank will tip the U.S. economy into a recession.

Evening Standard

People will die this winter if absent Government doesn’t step in, warns Sadiq Khan

‘With bills going up this autumn and winter and wages not meeting the increase in inflation, I really worry,’ Sadiq Khan said

Irish Mirror

Budget 2023 update: Social welfare changes, Child Benefit boost, housing tax break and more to be considered

The Government is considering a range of new measures aimed at tackling rising inflation in the hopes of bringing some relief to those currently struggling

Salon

Warren "very worried" about inflation

Senator Warren talked inflation and Biden's student debt forgiveness with “State of the Union” host Dana Bash

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