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'Strong argument' interest rates should have been hiked sooner, business secretary says
news.sky.com/story/strong-argument-interest-rates-should-have-been-hiked-sooner-business-secretary-says-12666008
'Strong argument' interest rates should have been hiked sooner ...
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Profile picture of Sky News
'Strong argument' interest rates should have been hiked sooner, business secretary says
news.sky.com/story/strong-argument-interest-rates-should-have-been-hiked-sooner-business-secretary-says-12666008
'Strong argument' interest rates should have been hiked sooner ...
Profile picture of Sky News
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
Concern for Bank of England as real earnings growth at highest rate since ...
Profile picture of inews.co.uk
Inflation set to fall again – what it means for you and your money: Experts predict Wednesday's figures will show inflation sitting at about 3.1 per cent
inews.co.uk/inews-lifestyle/money/saving-and-banking/inflation-fall-means-you-money-3003802
Inflation set to fall again – what it means for you and your money
Profile picture of Bloomberg
UK Is Beating US on Inflation Fight And May Cut Rates Sooner: Britain is starting to rein in inflation at a quicker pace than the US, underscoring a divergence ...
bloomberg.com/news/articles/2024-04-15/uk-is-beating-us-on-inflation-fight-and-may-cut-rates-sooner
UK Is Beating US on Inflation Fight And May Cut Rates Sooner
Profile picture of The Herald (Glasgow)
Others paying too dearly for Bank of England shortcomings: The Ben Bernanke review has reignited the debate over the extent to which the BoE’s failings have ...
heraldscotland.com/opinion/24255225.others-paying-dearly-bank-england-shortcomings/
Others paying too dearly for Bank of England shortcomings
Profile picture of otz.de
Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...
thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html
Inflation rate falls to lowest level in three years in Thuringia
Profile picture of Axios (website)
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
Biden's new take on inflation: Trump would be worse
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.
Profile picture of The Wall Street Journal
Consumer Prices Rose 3.5% in March From Year Earlier: Annual inflation ticked up and underlying price pressures remained strong last month. .
on.wsj.com/3VVaIeY
Consumer Prices Rose 3.5% in March From Year Earlier
Profile picture of Focus (Polish magazine)
Inflation : les nouvelles données sont un bon signal pour les consommateurs: Plus que 2,2 % ! Selon une première estimation, l'inflation a de nouveau ...
focus.de/finanzen/news/gespenst-der-inflation-verliert-an-schrecken-endlich-erloesung-neue-inflationsdaten-sind-ein-gutes-signal-fuer-verbraucher_id_259817068.html
Inflation : les nouvelles données sont un bon signal pour les ...
Quick Glance: Inflation down in German states, signaling national decline
  • Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.

  • Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.

  • German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.

  • An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
Profile picture of Fox Business
Small business optimism hits lowest level since 2012: NFIB: The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid ...
foxbusiness.com/economy/small-business-optimism-hits-lowest-level-since-2012-nfib
Small business optimism hits lowest level since 2012: NFIB
Profile picture of BBC News
King Charles comes face to face with new banknotes: The King is presented with the new banknotes of his reign which will enter circulation this summer.
bbc.com/news/uk-68769481
King Charles comes face to face with new banknotes
Profile picture of ZDF
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
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes
Profile picture of The Hill (newspaper)
Biden administration raises costs to drill on public lands: The Interior Department finalized a rule Friday making it more expensive for oil and gas producers to ...
thehill.com/policy/energy-environment/4590251-biden-administation-raises-costs-drill-public-lands/
Biden administration raises costs to drill on public lands
Quick Glance: Biden Raises Drilling Costs on Federal Lands, Trump Courts Oil Donors
  • The Biden administration has finalized a new rule requiring oil companies to pay at least ten times more for drilling on federal lands to generate more revenue for taxpayers.

  • While Trump discusses easing drilling regulations with energy executives, the US is historically pumping a lot of crude oil, complicating regulations for Trump and Biden's climate agenda.

  • The rule mandates higher bonds and royalties for fossil fuels on federal lands to better compensate taxpayers and cover the costs of cleaning up abandoned wells.

  • In addition to reshaping fossil fuel production on federal lands, the administration has advanced renewable energy development on these tracts and significantly reduced rents and fees for clean energy projects.
Profile picture of NPR
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
The Forever Stamp is forever rising in price. How does the U.S ...
Profile picture of The Hill (newspaper)
Mortgage rates hit highest level since November after hot inflation report: Mortgage rates jumped to their highest reading since November as the timeline for ...
thehill.com/business/housing/4585910-mortgage-rates-hit-highest-level-since-november-after-hot-inflation-report/
Mortgage rates hit highest level since November after hot inflation report
Profile picture of Insider (news website)
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
California restaurant will up wages to compete with $20 fast-food pay
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.
Profile picture of Daily Sabah
UK unemployment rises more than expected as job market cools: The unemployment rate in Britain has risen by more than expected and wage growth has eased back ...
dailysabah.com/business/economy/uk-unemployment-rises-more-than-expected-as-job-market-cools
UK unemployment rises more than expected as job market cools
Profile picture of Richmond Times-Dispatch
What to know about Biden's latest attempt at student loan cancellation: President Biden is taking another shot at student loan cancellation, hoping to deliver on ...
richmond.com/news/nation-world/government-politics/student-loan-cancellation-biden-plan-explained/article_76583957-379d-5485-96a7-79d1316b242b.html
What to know about Biden's latest attempt at student loan cancellation
Profile picture of Handelsblatt
Markets Insight: The myth of long-term high prices: High inflation will soon be history. Longer-term factors should ensure a moderate price trend in the future ...
handelsblatt.com/finanzen/anlagestrategie/kolumnen/maerkte-insight-der-mythos-langfristig-hoher-preise/100026419.html
Markets Insight: The myth of long-term high prices
Profile picture of Reuters
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/
Wall St Week Ahead Surging US energy shares reflect robust growth ...
Profile picture of Reuters
Sterling dips as weak UK pay data adds to signs of jobs slowdown: Sterling dipped against the dollar on Monday, as weak pay figures from recruiters added to ...
reuters.com/markets/currencies/sterling-dips-weak-uk-pay-data-adds-signs-jobs-slowdown-2024-04-08/
Sterling dips as weak UK pay data adds to signs of jobs slowdown
Profile picture of NBC News
Why are auto insurance premiums so high? Blame inflation and a few other factors: Wednesday's inflation report showed consumer price growth continues to drift ...
nbcnews.com/business/consumer/auto-insurance-premiums-costs-high-prices-inflation-explainer-rcna147204
Why are auto insurance premiums so high? Blame inflation and a few other ...
Profile picture of Fox Business
Auto insurance premiums are skyrocketing. What's to blame?: Inflation accelerated more than expected in March, and an unsuspecting culprit may be to blame: auto ...
foxbusiness.com/economy/auto-insurance-premiums-are-skyrocketing-whats-blame
Auto insurance premiums are skyrocketing. What's to blame?
Profile picture of CNN.com
Did your car insurance rate go up a lot even though you don’t drive much?: Drivers nationwide are facing the biggest car insurance rate increases since 1976.
cnn.com/2024/04/12/business/car-insurance-rate-go-up/
Did your car insurance rate go up a lot even though you don’t drive much?
Profile picture of ZDF
What the key interest rates mean for savers: Inflation is falling - The ECB is heading towards a possible first interest rate cut. Consumers could already feel ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
What the key interest rates mean for savers
Profile picture of tagesschau.de
Faeser on crime statistics: “Start with social causes”: Even before the statistics were presented, the numbers caused discussion: more crimes were registered in ...
tagesschau.de/inland/innenpolitik/polizeiliche-kriminalstatistik-2023-100.html
Faeser on crime statistics: “Start with social causes”
Profile picture of Insider (news website)
Inflation report: Dow plunges 470 points, stocks tumble on hot CPI: The odds of a June Fed rate cut have been completely wiped off of the table ...
markets.businessinsider.com/news/stocks/inflation-report-stock-market-today-fed-rate-cuts-outlook-economy-2024-4
Inflation report: Dow plunges 470 points, stocks tumble on hot CPI
Profile picture of The Hill (newspaper)
Producer prices come in softer than consumer prices in March: Producer prices rose less than economists expected in March after consumer prices came in hot ...
thehill.com/business/4588023-producer-prices-come-in-softer-than-consumer-prices-in-march/
Producer prices come in softer than consumer prices in March
Profile picture of inews.co.uk
The most shocking lines from Liz Truss’ memoir ‘Ten Years to Save the West’: Britain's shortest-serving Prime Minister defends her economic policies ...
inews.co.uk/news/liz-truss-memoir-book-ten-years-to-save-west-3005466
The most shocking lines from Liz Truss’ memoir ‘Ten Years to Save the ...
Quick Glance: Liz Truss: From Premiership to Resignation in 49 Days
  • Liz Truss became Prime Minister and resigned after just 49 days, despite her husband's prediction that 'it would all end in tears'.

  • Truss assumed office on September 6, 2022, succeeding Boris Johnson, but faced early challenges and personal struggles.

  • Despite implementing economic measures and facing political turbulence, Truss resigned after a mini-budget led to a pensions crisis.

  • She reflects on her failed tenure, attributing blame to structural issues and drawing parallels to the controversial football manager Brian Clough.
Profile picture of Reuters
Hot inflation may put Fed rate cut in thick of election season: Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a ...
reuters.com/world/us/hot-inflation-may-put-fed-rate-cut-thick-election-season-2024-04-11/
Hot inflation may put Fed rate cut in thick of election season
Profile picture of The Hill (newspaper)
JPMorgan CEO warns interest rates could rise to 8 percent ‘or even more’: JPMorgan Chase CEO Jamie Dimon warned that interest rates could rise to 8 percent or ...
thehill.com/business/4585341-jpmorgan-ceo-dimon-warns-interest-rates-8-percent/
JPMorgan CEO warns interest rates could rise to 8 percent ‘or even more’
Profile picture of CNN.com
‘I cannot afford to live’: Gen Z is full of financial angst despite inheriting a golden job market
cnn.com/2024/04/10/business/gen-zs-financial-angst/
‘I cannot afford to live’: Gen Z is full of financial angst despite ...
Profile picture of Reuters
Biden, Senator Bernie Sanders push companies to cut cost of asthma inhalers, prescription drugs
reuters.com/world/us/biden-senator-sanders-highlight-efforts-lower-cost-asthma-inhalers-2024-04-03/
Biden, Senator Bernie Sanders push companies to cut cost of asthma ...
Profile picture of The Standard (Kenya)
CBK spares borrowers hike in loan costs: CBK held the benchmark rate at 13 per cent, citing a reduction in money-driven inflation. Banks have cut lending to ...
standardmedia.co.ke/business/business/article/2001492641/cbk-spares-borrowers-hike-in-loan-costs
CBK spares borrowers hike in loan costs
Profile picture of Politico
Sack Andrew Bailey as Bank of England boss, says Liz Truss: Ex-PM describes the Treasury, the Bank of England and the Office for Budget Responsibility as a ...
politico.eu/article/chief-bank-england-andrew-bailey-should-be-sacked-liz-truss-says/
Sack Andrew Bailey as Bank of England boss, says Liz Truss
Profile picture of The Hill (newspaper)
Republicans more likely to say cost of living has gone up since 2020: survey: Pandemic-era inflation has placed a financial burden on many Americans ...
thehill.com/business/personal-finance/4581240-most-americans-cost-of-living-up-survey/
Republicans more likely to say cost of living has gone up since 2020: ...
Profile picture of CNN.com
How Trump’s tariff plans could kill jobs and worsen inflation: Tariff Man could be back in the White House next year – and he’s promising the sequel will be even ...
cnn.com/2024/04/11/economy/trump-tariffs-trade-jobs-inflation/
How Trump’s tariff plans could kill jobs and worsen inflation
Profile picture of The Sydney Morning Herald
Why is beer so expensive?: Inflation for most goods and services has been falling since late 2022, but the price of beer has risen at its fastest rate in decades ...
smh.com.au/politics/federal/why-is-beer-so-expensive-20240411-p5fj5n.html
Why is beer so expensive?
Profile picture of The Guardian
UK house prices fall for first time in three months amid ‘subdued’ market: Average price of home down 0.2% from February to March, to £261,142, says Nationwide
theguardian.com/business/2024/apr/02/uk-house-prices-fall-average-price-home-nationwide-subdued-market
UK house prices fall for first time in three months amid ‘subdued’ market
Profile picture of tagesschau.de
VAT back at 19 percent: fewer guests, less turnover: Complaints were loud when the VAT rate in the hospitality industry was raised back to 19 percent three ...
tagesschau.de/wirtschaft/unternehmen/gastgewerbe-mehrwertsteuer-102.html
VAT back at 19 percent: fewer guests, less turnover
Profile picture of Reuters
Zimbabwe's new ZiG currency starts trading, credibility doubts linger: Zimbabwe's new gold-backed currency started trading on Monday amid doubts that the ...
reuters.com/markets/currencies/zimbabwes-new-zig-currency-starts-trading-credibility-doubts-linger-2024-04-08/
Zimbabwe's new ZiG currency starts trading, credibility doubts linger
Profile picture of Newsroom (website)
Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
Reserve Bank set to update interest rate outlook as oil prices spike
Profile picture of Reuters
Gold slips from record levels after hot US inflation data: Gold prices slipped from record-high levels on Wednesday as the U.S. dollar and Treasury yields firmed ...
reuters.com/markets/commodities/gold-near-record-high-inflation-risk-lifts-safe-haven-appeal-2024-04-10/
Gold slips from record levels after hot US inflation data
Profile picture of The Independent
State pension increase: How much will payments go up in April with the triple lock?
independent.co.uk/news/uk/home-news/state-pension-age-2024-how-much-increase-b2524958.html
State pension increase: How much will payments go up in April with the ...
Profile picture of Der Spiegel (online)
Police crime statistics 2023: Federal Criminal Police Office explains increase in crimes involving Corona, inflation and immigration
spiegel.de/panorama/justiz/kriminalstatistik-anstieg-der-straftaten-2023-bka-nennt-corona-inflation-und-zuwanderung-als-gruende-a-2d24a9e1-2891-40cc-871e-4b53ec3a14d9
Police crime statistics 2023: Federal Criminal Police Office explains ...
Quick Glance: Crime Statistics in Germany: Reliability and Interpretations
  • The 'Polizeiliche Kriminalstatistik' (PKS) has been published since 1953 with varying reliability of data.

  • PKS provides data on processed crimes, but not on legal outcomes.

  • PKS can only capture reported cases, not all crimes - dark field remains unaccounted for.

  • Foreigner crime: term used as fear-mongering, no clear correlation between origin and criminality.
Profile picture of Axios (website)
Getting over high inflation is going to take some time: More time than a tough breakup, perhaps.
axios.com/2024/03/29/inflation-prices-us-economy
Getting over high inflation is going to take some time
Quick Glance: US February Inflation Data Aligns with Fed's Expectations, Powell States
  • The latest U.S. inflation data aligns with what the Federal Reserve wants to see, according to Federal Reserve Chair Jerome Powell. The personal consumption expenditures (PCE) price index data released on Friday matched expectations and showed less of a slowdown than last year. However, Powell emphasized that the February report did not undermine the Fed's baseline outlook.

  • Some details of the PCE data showed improvements in inflation aspects considered important by the Fed, even though the overall numbers showed little progress in the first two months of the year. Last week, the Fed kept its benchmark overnight interest rate steady at 5.25%-5.50% and narrowly confirmed the baseline projection of a 0.75 percentage point rate decrease by the end of this year.

  • Powell has had to reconcile expectations for rate cuts with data indicating a slowdown, if not a halt, in the improvement of inflation numbers in recent weeks. He stated that recent high inflation does not alter the overall narrative of easing price pressures, but acknowledged that the recent data cannot be completely dismissed as a sign of slowed progress.
Profile picture of Axios (website)
Wall Street traders keep underestimating America’s economic strength: It's the exact opposite of what happened in the 2010s
axios.com/2024/04/14/stock-market-bonds-interest-rates-us-economy
Wall Street traders keep underestimating America’s economic strength
Profile picture of Fox Business
Biden claims inflation was 'skyrocketing' when he took office, despite data showing opposite
foxbusiness.com/politics/biden-claims-inflation-skyrocketing-took-office-despite-data-showing-opposite
Biden claims inflation was 'skyrocketing' when he took office ...
Profile picture of The Hill (newspaper)
Mulvaney: How Biden’s regulations are driving up inflation: Every time Biden’s administration adds another regulation making it harder or more expensive ...
thehill.com/opinion/4571477-mulvaney-how-bidens-regulations-are-driving-up-inflation/
Mulvaney: How Biden’s regulations are driving up inflation
Profile picture of CNN.com
Why gold prices are at record highs: From central banks to Costco customers, it seems everyone is buying gold these days.
cnn.com/2024/04/09/economy/gold-prices-record-highs/
Why gold prices are at record highs
Profile picture of Reuters
Focus: Soaring insurance costs hit as US buyers finally get a break on car prices
reuters.com/markets/us/soaring-insurance-costs-hit-us-buyers-finally-get-break-car-prices-2024-04-11/
Focus: Soaring insurance costs hit as US buyers finally get a break on car ...
Profile picture of Politico
Bank of England’s forecasting needs urgent revamp, says ex-US Fed chief Bernanke: The BoE’s systems are out of date in a changing world, review said.
politico.eu/article/bernanke-boe-needs-to-open-its-mind-and-its-wallet-to-get-forecasting-right/
Bank of England’s forecasting needs urgent revamp, says ex-US Fed chief ...
Profile picture of The Hill (newspaper)
How immigration is helping the economy defy expectations: Policymakers are increasingly pointing to an immigration influx and a bolstered U.S ...
thehill.com/homenews/4581122-how-immigration-is-helping-the-economy-defy-expectations/
How immigration is helping the economy defy expectations
Profile picture of The Hill (newspaper)
Here are the tax brackets to file your 2023 taxes: The tax brackets for Americans will shift upward for tax year 2023, following a series of rule adjustments to ...
thehill.com/business/4595268-here-are-the-tax-brackets-to-file-your-2023-taxes/
Here are the tax brackets to file your 2023 taxes
Profile picture of Reuters
Nearly half of UK companies still plan price increases, survey shows: Almost half British firms plan to raise their prices over the coming year as they struggle ...
reuters.com/markets/europe/nearly-half-uk-companies-still-plan-price-increases-survey-shows-2024-04-10/
Nearly half of UK companies still plan price increases, survey shows
Profile picture of Die Welt
Christian Lindner announces tax relief for working people: Because of the high inflation expectations on January 1st, the citizens' allowance was increased ...
welt.de/wirtschaft/article250814746/Christian-Lindner-kuendigt-Steuerentlastung-fuer-arbeitende-Bevoelkerung-an.html
Christian Lindner announces tax relief for working people