Rampant inflation means Bank of Canada must raise rates above 3%: economist: Predictions by two major Canadian banks ahead of the May update in the coming days ...
globalnews.ca/news/8929672/rampant-inflation-bank-of-canada-rates-three-per-cent/
Quick Glance: Janet Yellen: Federal gas tax holiday is "certainly worth considering"
- During an interview on ABC's "This Week," former Federal Reserve Chair Janet Yellen told host George Stephanopoulos that the suggestion is worth examining by the Biden administration, especially given her comments about inflation in the United States being "unacceptably high."
- ""President Biden wants to help customers in every way he can," she said.
- Earl Blumenauer of Oregon wrote to Biden, requesting that he reject the suspension of the gas tax, claiming that it "would blow a massive hole in the federal transportation and infrastructure budget."
Speaking in Toronto on Thursday, Deputy Prime Minister Chrystia Freeland shared the Canadian government's $8.9-billion plan to combat with the challenges of ... Show more globalnews.ca/news/8925417/chrystia-freeland-economic-update-inflation-june-2022/
Bank of England won't let inflation get out of control, Ramsden says: Bank of England Deputy Governor Dave Ramsden said interest rates were very likely to have ...
reuters.com/markets/rates-bonds/bank-england-wont-let-inflation-get-out-control-ramsden-says-2022-07-14/
Bank of Mexico deputy governor sees 75 bps rate hike at next meeting: Bank of Mexico Deputy Governor Jonathan Heath said on Friday that the central bank is ...
reuters.com/markets/mexican-central-banker-high-inflation-is-not-leaving-anytime-soon-2022-05-25/
Bank of England vows to act ‘forcefully’ to prevent lasting inflation: Deputy governor Jon Cunliffe says Bank will ‘do whatever is necessary’ in hint at more ...
theguardian.com/business/2022/jul/06/bank-of-england-vows-to-act-forcefully-to-prevent-lasting-inflation
IMF's Gopinath sees risk of de-anchoring U.S. inflation expectations: U.S. inflation could remain above the Federal Reserve's targets for a long time based on ...
reuters.com/markets/us/imfs-gopinath-sees-risk-de-anchoring-us-inflation-expectations-2022-06-08/
Russia-Ukraine War Threatens India's Economic Recovery: RBI Deputy Governor: The ongoing geopolitical developments in Ukraine have challenged India's ...
ndtv.com/india-news/russia-ukraine-war-threatens-indias-economic-recovery-rbi-deputy-governor-3096503
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
How Risky Is Japan’s Monetary-Policy Normalization? | by Takatoshi Ito - Project Syndicate
project-syndicate.org/commentary/bank-of-japan-monetary-policy-normalization-risks-by-takatoshi-ito-2024-04
Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
Hundreds of young supporters of Donald Trump lined up for his recent Green Bay, Wisconsin, campaign rally. The most common reason many are backing the former ...
reut.rs/49HtDgh
US bond bulls lean into latest selloff despite inflation scare: A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating ...
reuters.com/markets/us/us-bond-bulls-lean-into-latest-selloff-despite-inflation-scare-2024-04-22/
Brent hovers above $86 as traders unfazed by MidEast conflict: Global benchmark Brent slipped on Monday though it remained above $86 a barrel as traders turned ...
reuters.com/markets/commodities/oil-prices-retreat-us-crude-build-rate-cut-concerns-come-fore-2024-04-22/
Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
- The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.
- The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.
- Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.
- The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
Loss of purchasing power for citizens' allowance recipients: 25% more from the state - and less in their pockets in the end
spiegel.de/wirtschaft/soziales/buergergeld-erhoehungen-gleichen-kaufkraftverluste-nicht-aus-a-2a9616cd-3316-4755-a73b-8ee9de3f761e
Paid articlePaid
What the cost of insulin may mean for Biden's campaign: President Joe Biden frequently cites insulin prices as he promotes a $35 price cap for Americans with ...
apnews.com/article/biden-insulin-prices-cap-campaign-impact-f969191c3c5178c91cc973a1b89c2200
Trump campaign blasts Biden for ‘largest tax hike ever' as Americans face 'record-high inflation'
foxbusiness.com/politics/trump-campaign-blasts-biden-largest-tax-hike-americans-face-record-high-inflation
2025 Porsche Cayenne GTS Joins the Party with 493 HP and $127K Base Price: Along with more horsepower and higher prices, the sporty GTS SUV and Coupe benefit ...
caranddriver.com/news/a60551600/2025-porsche-cayenne-gts-new-details-price/
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
'Perfect storm' brings €2 per litre fuel back in prospect: €2 per litre fuel prices are firmly back in sight following the recent restoration of excise ...
rte.ie/news/business/2024/0421/1444470-perfect-storm-as-2-per-litre-fuel-back-in-prospect/
Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Trump campaign blasts Biden for ‘largest tax hike ever' as Americans face 'record-high inflation'
foxbusiness.com/politics/trump-campaign-blasts-biden-largest-tax-hike-americans-face-record-high-inflation
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
5 worries keeping Biden, Democrats up at night: President Biden’s campaign is feeling good about where it is in its battle for reelection ...
thehill.com/homenews/campaign/4605899-five-worries-keeping-biden-democrats-up-at-night/
Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...
dw.com/en/iran-israel-tensions-can-irans-economy-handle-a-war/a-68862368
South Africa faces upside risk to inflation, financial conditions, central bank governor says
reuters.com/world/africa/safrica-faces-upside-risk-inflation-financial-conditions-cenbank-governor-2024-04-20/
Quick Glance: Challenges for South Africa in Inflation and Financial Conditions, According to Central Bank Governor
- Lesetja Kganyago, the Governor of the South African Reserve Bank, warned of upside risks to the country's inflation outlook.
- Despite the chaotic impact of adverse El Nino weather in Africa, the latest data does not show indications of price hikes in food.
- The South African Reserve Bank noted that the inflation rate is expected to reach the target range of 4.5% only by the end of 2025.
- Kganyago highlighted potential risks from higher oil prices due to tensions in the Middle East and tight global financial conditions resulting from prolonged high interest rates at the U.S. Federal Reserve.
Riester pension disappoints: many only receive measly returns: Disappointing Riester pension: New figures from the Federal Ministry of Finance reveal low payout ...
t-online.de/finanzen/ratgeber/altersvorsorge/privatevorsorge/riester-rente/id_100390008/riester-rente-enttaeuscht-viele-bekommen-nur-mickrige-ertraege.html
Iran-Israel escalation unsettles oil market: If the Middle East conflict spreads to Iran, it could restrict global oil supplies. The oil market therefore reacts ...
zdf.de/nachrichten/wirtschaft/iran-israel-eskalation-oelmarkt-100.html
America’s debt problem is storing up trouble for the rest of the world: The high and rising level of US government debt risks driving up borrowing costs around ...
cnn.com/2024/04/17/economy/america-debt-interest-rates/
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years: As the economy cools, pressure is building on the Bank of England to cut interest rates.
nytimes.com/2024/04/17/business/uk-inflation-economy-interest-rates.html
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Are you a customer of the Big Four – EE, O2, Three UK and Vodafone UK??
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Three finished bottom of our latest ... Show more www.which.co.uk/news/article/best-and-worst-mobile-providers-revealed-big-four-fall-further-behind-smaller-rivals-ar0Zg6A57jbd
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
Money latest: Should you pay your kids for good grades? Here's what psychologists think
news.sky.com/story/money-blog-news-latest-consumer-financial-inflation-employment-rights-maternity-leave-cost-of-living-13040934
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
smh.com.au/property/news/should-you-wait-for-interest-rate-cuts-to-buy-a-house-20240418-p5fkv8.html
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
More Americans worried about climate change, but few think Biden's climate law will help, AP-NORC poll says
pbs.org/newshour/politics/more-americans-worried-about-climate-change-but-few-think-bidens-climate-law-will-help-ap-norc-poll-says
Wall Street retreated on Friday as dimming hopes for a coming interest rate cut and geopolitical uncertainty intensified a sell off in Big Tech ... Show more finance.yahoo.com/news/stock-market-today-tech-stocks-smoked-nvidia-tumbles-10-to-cap-worst-week-of-the-year-200313365.html
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/konjunktur-deutschland-auf-dem-letzten-platz-der-industrienationen-schon-wieder-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Is It Time To Buy Gold Stocks And ETFs As Gold Futures Hit A High? Here's What Charts Show
investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/
Trump's plan to fix inflation is to drill more oil, but Biden's already doing that, so what now? John Leguizamo
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
The shadow of war darkens on the global economy: Short-term performance has been surprisingly good but policymakers are walking on eggshells
ft.com/content/31158ec7-433b-4c0e-9f2e-8a13e8dd4750
What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
Five things to know as the tax deadline looms: April 15th, the deadline to file your income taxes, is just around the corner. Filings so far this year are on ...
npr.org/2024/04/11/1242535266/taxes-irs-filing-money
You might get more money in your Social Security check than expected next year: Here's why
foxbusiness.com/personal-finance/your-social-security-cola-increase-could-be-bigger-expected-next-year
More Malaysians seeking jobs in Singapore amid weakening ringgit, inflation: Recruiters
channelnewsasia.com/singapore/malaysians-working-jobs-ringgit-inflation-manpower-employment-4265736
UK facing food shortages and price rises after extreme weather: Heavy rain likely to cause low yields in Britain and other parts of Europe ...
theguardian.com/environment/2024/apr/16/uk-facing-food-shortages-and-price-rises-after-extreme-weather
Some young people see Trump as an answer to their economic woes: Concerns about Biden's age and his support of Israel in its war against Hamas in Gaza have ...
reut.rs/4a3QOSt
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years: As the economy cools, pressure is building on the Bank of England to cut interest rates.
nytimes.com/2024/04/17/business/uk-inflation-economy-interest-rates.html
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
China's less-than-meets-the-eye GDP report: After factoring in deflation, China's Q1 growth was likely lower than that of the U.S.
axios.com/2024/04/17/china-us-gdp
Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year
ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...
businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay
- A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.
- Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.
- The increased minimum wages worsen the existing challenges faced by independent restaurants in California.
- Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.
Gold is back — and it has a message for us: The precious metal’s surge may herald a whole new world
ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503
The Forever Stamp is forever rising in price. How does the U.S. cost compare globally?
npr.org/2024/04/12/1244273973/forever-stamp-cost-price-going-up-usps-postage
Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries
reuters.com/markets/us/wall-st-week-ahead-surging-us-energy-shares-reflect-robust-growth-inflation-2024-04-12/
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