PPI: Wholesale inflation rises 0.2% for March, below expectations
Wholesale inflation measured by a Producer Price Index report Thursday rose 0.2% for March - less than Dow Jones economists expected. Services drove the increase.…
Stock market today: Asian shares are mixed, taking hot US inflation data in stride
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Elaine KurtenbachPublished Apr 11, 2024 • 3 minute read You can save this article by registering…
March Inflation Data to Prolong Drama Around Fed Rate-Cut Timing
Breadcrumb Trail LinksPMN BusinessA monthly report on consumer prices due Wednesday is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts,…
How much is the state pension in 2024 and will it increase?
BRITS can start claiming a state pension when they reach a certain age to cover essential costs. The amount people get rises each year in…
What I learned from covering California’s homeless since 1980
In 1980, I reported on Sacramento’s “public inebriates.” Most of them, a few hundred in all, lived in flophouse hotels. But some slept “in the…
Glacial Inflation Slowdown Set to Back Fed Rate-Cut Caution
Breadcrumb Trail LinksPMN BusinessUS consumer-price data in the coming week, arriving on the heels of surprisingly strong jobs numbers, is projected to show a glacial…
Zimbabwe introduces new gold-backed currency to tackle inflation | Business and Economy News
Zimbabweans have 21 days to convert their old cash into new money, according to the central bank. Zimbabwe’s central bank has launched a new “structured…
Will the US unemployment rate continue at historic lows? | Business and Economy News
All eyes will be on Friday’s US unemployment numbers to see how many jobs were added in March and whether the unemployment rate continues to…
Ryan Thomas ‘holiday shamed’ for freebie Dubai trip amid cost of living crisis while others ‘could never even afford’ it
RYAN Thomas was holiday shamed for a freebie Dubai trip amid the cost of living crisis, with fans insisting that others "could never even afford"…
Cost of Living updates — Minimum wage increases as millions hit by FOUR major bill hikes including council tax
11 income tax tips and tricks Martin Lewis has revealed an income tax calculator from moneysavingexpert.com that Brits can use to see how National Insurance will affect them this…
The UK’s new minimum wage ‘badly needed’ but many calling for more | Business and Economy News
Keerthi Subramanian, a shop clerk in South London, earns 10.42 pounds ($13.15) an hour. From Monday that will go up by 1.02 pounds ($1.29) to…
Think your $5 flat white costs too much? It’s actually too cheap
Even in a stubborn cost of living crisis, it seems there's one luxury most Australians won't sacrifice — their daily cup of coffee.Coffee sales have largely remained stable,…
Cost of Easter Sunday lunch at home soars by 17 per cent — despite food inflation easing
THE cost of an Easter Sunday lunch at home has soared by 17 per cent — despite food inflation easing. Families will pay an average…
Fed’s Preferred Inflation Metric Cools While Spending Rebounds
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s preferred gauge of underlying inflation cooled last month while household spending rebounded.Author of the article:Bloomberg News Augusta SaraivaPublished Mar…
Japan’s Scrapping of Utility Subsidies to Push Inflation Higher
Breadcrumb Trail LinksPMN BusinessJapan’s plan to phase out utility subsidies is likely to push inflation toward 3% over the summer, potentially complicating the Bank of…
Millions of drivers across UK to be hit by price hikes of up to £600 in DAYS – check if you’ll be exempt
MILLIONS of people across the UK are set to be hit with a huge price hike over their motors in just days. Starting from Monday,…
Bank of England set to kick off cyber ‘stress test’ of UK’s financial system within days
THE Bank of England is set to kick off a cyber “stress test” of the UK’s financial system within days. It comes after the Government…
Trader Joe’s raises banana prices for first time in 20 years
Inflation has hit Trader Joe’s famously affordable bananas. The Monrovia-based grocery chain confirmed Monday it had raised the individual cost of bananas for the first…
Can Australia pull off the once-impossible with jobs and inflation?
It's a miracle.At least, that's the thinking of a growing number of the world's greatest minds as they ponder the thorny subject of chucking people…
Petrol and diesel drivers with older motors warned of tax increase within weeks – check if you’re affected
PETROL and diesel drivers with older motors have been warned of tax increases within weeks. The hike comes during a cost of living crisis and…