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The Latest Breaking News from Inflation

Save More with Tax Credits for Energy-Efficient Home Improvements While You Still Can

Trump's new GOP tax bill ends many key energy tax credits for home improvements. Here's what you need to know.

Kiplinger

Shocktober: 10 reasons October will be worst month for Brits in 40 years

The cost of living crisis is getting worse and October is set to be a tough month for millions of families. We explain all the key dates and events to be aware of, including when energy bills will rise.

Daily Mirror

House Dems set to overcome GOP for climate, health care win

A flagship Democratic economic bill is perched on the edge of House passage

The Independent UK

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

Can Medicare negotiate the price of prescription drugs?

The ten most expensive drugs covered by Medicare are responsible for about a fifth of total Medicare drug spending.

USAFacts

Explainer: Why gas prices are falling

Gas prices hit record highs just two months ago, but now they're sinking below $4 a gallon

The Independent UK

Domino's stock falls on ASX, while local share market won't drink 'Kool Aid' on inflation

The Australian franchisee of Domino's is being impacted by the global brand's exit from the country that made pizza famous.

ABC News

Mexico raises key interest rate to 8.5%, highest in 16 years

Mexico's central bank has raised its interbank interest rate by 0.75% to 8.5% — the highest level in at least 16 years

The Independent UK

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5 Struggling Stocks That Could Fall Even More

Inflation declined slightly from the 40-year high in July. However, it remained elevated, which could encourage the Fed Reserve to maintain its hawkish stance on tightening monetary policy, driving the market volatility further. Amid this scenario, we think it could be wise to avoid struggling stocks Carnival Corporation & plc…

StockNews.com

How to ask for an inflation pay rise — and how much to ask for

When it comes to negotiating inflation pay rises, the rule has been: don't mention inflation. But with prices rising fast, and most workers significantly worse off, some experts are tweaking their advice.

ABC News

3 Retail Stocks Doing Well Despite Recession Fears

July inflation came lower than expected, providing some relief to the investors’ concerns. However, the Fed intends to continue with its rate hikes, and the chances of a potential recession cannot be ruled out. The retail industry has outperformed the broader market over the past month, and we think investors…

StockNews.com

3 Under-the-Radar Oil Stocks Investors Should Consider

Oil prices rebounded yesterday, boosted by the slowdown of inflation. Moreover, oil demand is expected to rise this year amid an already tight market which might increase oil prices further. Amid this, Adams Resources & Energy (AE), TotalEnergies (TTE), and Cenovus Energy (CVE) are flying under the radar, offering good…

StockNews.com

Bartering increases in Argentina as inflation keeps soaring

With a monthly inflation rate of 7.4% in July, the highest number in two decades, Argentina is cementing its position among the countries with the world's highest inflation rates

The Independent UK

US petrol prices below $4 a gallon for first time since March

Prices at the pump peaked at a record $5.02 per gallon in June, causing drivers to buy less petrol.

Al Jazeera

Editorial: In the Inflation Reduction Act, a much-needed step toward lowering prescription drug costs

It's become tiresome to see progressive politicians act like a pouting teenager who seems to think it's a sin to ever admit satisfaction with anything. Their lukewarm reaction to Senate passage of the admittedly ill-named Inflation Reduction Act won't help energize the voters Democrats need to avoid conservatives regaining Congress…

The Philadelphia Inquirer

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Roll Call

At the Races: Surf’s down? - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

StockNews.com

2 Stock to Buy When There’s Economic Turmoil

Although inflation eased off from the 40-year high in July, it is far from the Fed’s target level. Moreover, the soaring tensions on the geopolitical front could keep the market under pressure. Amid the challenging macroeconomic environment, it could be best to invest in well-established stocks, Coca-Cola (KO) and Walmart…

The Guardian - UK

Energy crisis has pushed families to the brink

Letters: Prof Mike Stein and Peter Riddle on Labour’s policy void as Britain grapples with rising costs and inflation. Plus a stark warning by Dr Thomas Richardson on the heavy price people will pay in terms of mental health problems

USAFacts

How do tax credits for electric cars work?

The Inflation Reduction Act expands eligibility for federal tax credits for electric vehicle owners

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news in one place.

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StockNews.com

Want Passive Income? Try These 3 Dividend Stocks

Despite a decline in inflation in July, persistent concerns over a potential recession could keep the market volatile in the upcoming months. Therefore, it could be wise to invest in dividend stocks AbbVie (ABBV), Emerson Electric (EMR), and Becton Dickinson (BDX) to navigate the market volatility with solid passive income.…

The Times of India

India to be fastest growing economy this year: Government source

NEW DELHI: Rising inflation rates notwithstanding, India will be the fastest growing economy in the world this year, a top government source said on Thursday.

Tribune News Service

US gasoline prices fall below $4, soothing inflation pressure

U.S. average retail gasoline prices fell below $4 a gallon to the lowest level since early March, according to data from AAA.

Irish Mirror

Michael O’Leary has said the era of Ryanair’s €10 fares is over

The CEO said he thought people were going to be more conscious about their spending due to the rising inflation rate and cost of living crisis

The Guardian - UK

Biggest UK fall in real wages for 100 years looms, warns TUC

Study shows pay rises could fall behind inflation by 8% later this year, an unprecedented drop in living standards

Evening Standard

How to invest in gold

Especially when stock markets are volatile, investors may consider an alternative asset class to diversify their portfolio. Gold could be one such asset, being seen as a safe haven during times of economic turbulence as well as a hedge against high inflation.

Evening Standard

How to buy Microsoft stock (MSFT)

Microsoft Corporation is a technology company that generates revenue by developing, licensing and supporting a range of software products and services, by designing and selling hardware, and by delivering online advertising.

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