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EDITORIAL: Is it Justinflation? Or just inflation?: A brouhaha has erupted in the House of Commons where parliamentarians have been told to watch their language ...
torontosun.com/opinion/editorials/editorial-is-it-justinflation-or-just-inflation
'Justinflation' can't be said in the House of Commons, but MPs are trying anyway: Decorum dictates that MPs must use each other's titles during debate ...
nationalpost.com/news/politics/justinflation-cant-be-said-in-the-house-of-commons-but-mps-are-trying-anyway
Jack Mintz: Trudeau vs. Poilievre: Handouts vs. tax cuts: Both income support and tax cuts will increase the deficit. Read more.
financialpost.com/opinion/jack-mintz-trudeau-vs-poilievre-handouts-vs-tax-cuts
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EDITORIAL: Is it Justinflation? Or just inflation?: A brouhaha has erupted in the House of Commons where parliamentarians have been told to watch their language ...
torontosun.com/opinion/editorials/editorial-is-it-justinflation-or-just-inflation
'Justinflation' can't be said in the House of Commons, but MPs are trying anyway: Decorum dictates that MPs must use each other's titles during debate ...
nationalpost.com/news/politics/justinflation-cant-be-said-in-the-house-of-commons-but-mps-are-trying-anyway
Jack Mintz: Trudeau vs. Poilievre: Handouts vs. tax cuts: Both income support and tax cuts will increase the deficit. Read more.
financialpost.com/opinion/jack-mintz-trudeau-vs-poilievre-handouts-vs-tax-cuts
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LILLEY: Actually, MPs can say 'Justinflation,' as long as they pronounce it properly
torontosun.com/opinion/columnists/lilley-actually-mps-can-say-justinflation-as-long-as-they-pronounce-it-properly
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‘Justinflation’: How MPs are getting around rules against the phrase in parliament
globalnews.ca/news/9167348/justinflation-justin-trudeau-pierre-poilievre/
‘Justinflation’ can’t be said in the House of Commons, but MPs are trying anyway: Tories, who have been working ‘Justinflation’ into their speeches differently ...
theglobeandmail.com/politics/article-justinflation-cant-be-said-in-the-house-of-commons-but-mps-are-trying/
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
PHOTOS: Studio 54: Inside the world’s most famous celebrity nightclub: What really happened inside the world's most famous nightclub, Studio 54 ...
nydailynews.com/2023/04/25/studio-54-inside-the-worlds-most-famous-celebrity-nightclub/
Sophie Gregoire Trudeau on navigating post-political life, co-parenting and freedom
ctvnews.ca/politics/sophie-gregoire-trudeau-on-navigating-post-political-life-co-parenting-and-freedom-1.6863065
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Trudeau questions Poilievre’s judgment, says the Conservative Leader ‘will do anything to win’
theglobeandmail.com/politics/article-trudeau-questions-poilievres-judgment-says-the-conservative-leader/
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Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Canada's auto sector faces an EV renaissance, but local job protection is a concern
ctvnews.ca/politics/canada-s-auto-sector-faces-an-ev-renaissance-but-local-job-protection-is-a-concern-1.6861909
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
'Unacceptable': Trudeau reacts after AFN chief says headdress taken from plane cabin
ctvnews.ca/politics/unacceptable-trudeau-reacts-after-afn-chief-says-headdress-taken-from-plane-cabin-1.6863175
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Trudeau says Saskatchewan’s premier shouldn’t pick fight with CRA: Scott Moe has pledged the province will not send Ottawa the money it collects from the federal ...
theglobeandmail.com/politics/article-trudeau-says-saskatchewan-premier-shouldnt-pick-fight-with-cra/
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Trudeau won't comment on future of TikTok in U.S., says Canadian safety a priority
ctvnews.ca/politics/trudeau-won-t-comment-on-future-of-tiktok-in-u-s-says-canadian-safety-a-priority-1.6860236
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
TD Courts Foreign Students Amid Canada’s Cap on Study Permits: Toronto-Dominion Bank still sees foreign students as an important source of growth even as Prime ...
bloomberg.com/news/articles/2024-04-24/td-courts-foreign-students-amid-canada-s-cap-on-study-permits
When will Mark Carney run?: Some Liberals want the former central banker to bolster Justin Trudeau’s government this summer
theglobeandmail.com/politics/opinion/article-when-will-mark-carney-run/
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Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Politics Briefing: Younger demographics not swayed by federal budget benefits targeted at them, poll indicates
theglobeandmail.com/politics/article-politics-briefing-younger-demographics-not-swayed-by-federal-budget/
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Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Saskatchewan isn't remitting the carbon tax on home heating. Why isn't my province following suit?
ctvnews.ca/politics/saskatchewan-isn-t-remitting-the-carbon-tax-on-home-heating-why-isn-t-my-province-following-suit-1.6862444
Populist buzzsaw puts Democrats on the defensive on climate: Conservatives are aggressively targeting efforts to reduce carbon emissions across the continent.
politico.com/news/2024/04/24/democrat-climate-policies-populist-backlash-00153601
New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
Amid concerns over 'collateral damage' Trudeau, Freeland defend capital gains tax change
ctvnews.ca/politics/amid-concerns-over-collateral-damage-trudeau-freeland-defend-capital-gains-tax-change-1.6858925
Nearly half of Canadians have negative opinion of latest Liberal budget, poll suggests
theglobeandmail.com/politics/article-nearly-half-of-canadians-have-negative-opinion-of-latest-liberal/
Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Cost of preparing Jollof rice up 29.3% – Report: The SBM Jollof Index tracks how much it costs to make a pot of jollof rice for a family of five
premiumtimesng.com/agriculture/689379-cost-of-preparing-jollof-rice-up-29-3-report.html
Biden and Trump Showing Their 2024 Campaign Vulnerabilities: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-26/biden-and-trump-showing-their-2024-campaign-vulnerabilities
Staff at Kent school face redundancies due to rising 'costs and inflation': The Duke of York's Royal Military School said it was consulting on a ...
kentlive.news/news/kent-news/staff-dover-school-face-redundancies-9248991
Quick Glance: Arrest and Three Injured in Wales School Attack
- Police urge removal of social media footage to prevent contempt of court and distressing those affected.
- A parent expresses concern over the injured and highlights the rarity of such incidents in Ammanford.
- Three injured and one arrested after an incident at Ysgol Dyffryn Aman in Ammanford, South-west Wales.
- Recap of the ongoing investigation at the school as parents anxiously wait for updates on their children's safety.
Saskatchewan households will continue to receive carbon tax rebate: Trudeau : Households in Saskatchewan will continue to receive Canada Carbon Rebate payments ...
ctvnews.ca/politics/saskatchewan-households-will-continue-to-receive-carbon-tax-rebate-trudeau-1.6858864
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline: Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s ...
dailymaverick.co.za/article/2024-04-26-copper-hits-10000-a-ton-as-bhp-bid-shows-tight-supply-pipeline/
Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
Higher Inflation, Price Tolerance in Japan Boosts Case for BOJ Rate Hikes: Higher inflationary expectations and price tolerance are taking root in Japan ...
bloomberg.com/news/articles/2024-04-22/inflation-mindset-taking-root-in-japan-boosts-case-for-boj-hikes
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JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
apnews.com/article/jpmorgan-chase-jamie-dimon-economy-stagflation-76b6dbb8c87580a709c50dd3d00d751d
Wall St rises as Big Tech charges higher: Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from ...
reuters.com/markets/us/futures-climb-alphabet-microsoft-results-lift-megacaps-2024-04-26/
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
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Does fighting inflation always lead to recession? What NZ data tells: Here is what 60 years of New Zealand data shows us.
rnz.co.nz/news/business/515288/does-fighting-inflation-always-lead-to-recession-what-nz-data-tells
Stock market today: Indexes rise to close best week since November: US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite ...
markets.businessinsider.com/news/stocks/stock-market-news-today-earnings-pce-tech-rally-nasdaq-alphabet-microsoft-2024-4
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
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‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
cointelegraph.com/news/persistent-inflation-will-be-key-in-bitcoin-s-run-to-200k-crypto-fund-manager
Lok Sabha Elections 2024: Water shortages, traffic aggravate Bengaluru as it votes
deccanherald.com/elections/india/lok-sabha-elections-2024-water-shortages-traffic-aggravate-indias-bengaluru-as-it-votes-2996106
SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
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US Inflation Actually Picked Up When Drawn Out to Two Decimal Places: To the naked eye, a key US inflation metric held steady in March. But look a little closer ...
bloomberg.com/news/articles/2024-04-26/us-inflation-actually-picked-up-when-drawn-out-to-two-decimal-places
Zimbabwe’s new ZiG Currency: How Does It Work and Can It Last?: In the latest effort to devise a credible national currency, Zimbabwe has replaced its dollar ...
bloomberg.com/news/articles/2024-04-26/zimbabwe-s-new-zig-currency-how-does-it-work-and-can-it-last
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Retirees feel good about money now, but worry about inflation and Social Security
marketwatch.com/story/retirees-feel-good-about-money-and-life-but-worry-about-inflation-and-social-security-e81d453e
Quick Glance: The Illusion of the Optimal Retirement Age
- During the Great Depression, the retirement age was set at 65, despite lower life expectancies at the time.
- Due to increased life expectancy and a growing retiree population, the social security system is facing financial challenges.
- The debate around raising the retirement age is controversial, considering the impact on the health and social status of older workers.
- The discussion on the ideal retirement age also addresses social inequalities, health factors, and the diversity of individual working conditions.
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Euro-Zone Inflation Set to Hit First Bump in ECB’s Road to 2%
bloomberg.com/news/articles/2024-04-26/euro-zone-inflation-set-to-hit-first-bump-in-ecb-s-road-to-2
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Lending and consumer data cements case for ECB rate cuts: Euro zone lending continued to stagnate in March and consumers trimmed their inflation expectations as ...
reuters.com/markets/europe/lending-consumer-data-cements-case-ecb-rate-cuts-2024-04-26/
Turkey’s Central Bank keeps interest rates unchanged in first meeting after local elections
duvarenglish.com/turkeys-central-bank-keeps-interest-rates-unchanged-in-first-meeting-after-local-elections-news-64263
TSX adds to weekly gain as investors favor inflation hedges: Canada's resource-heavy main stock index rose on Friday, adding to its weekly gain ...
reuters.com/markets/tsx-futures-rise-commodity-prices-jump-2024-04-26/
Quick Glance: TSX rise and investor preference for inflation protection
- Canada's primary stock index saw an increase on Friday, expanding its weekly gains, driven by the indication of ongoing inflation in the US, which heightened interest in commodity-related stocks.
- The Toronto Stock Exchange's S&P/TSX composite index rose by 83.86 points or 0.4% to 21,969.24.
- The materials and energy sectors, comprising approximately one-third of the Toronto market's weightage, experienced gains, fueled by companies like First Quantum Minerals Ltd and the surge in oil prices.
- The financial sector, the most heavily weighted sector on the TSX, closed 0.4% higher, while companies such as TFI International Inc incurred losses following their quarterly results falling short of expectations.
Ibovespa Rallies on Positive Inflation Signals: On Friday, the Ibovespa, Brazil's main stock index, soared, marking a significant upturn in its trajectory
riotimesonline.com/ibovespa-rallies-on-positive-inflation-signals/
Oil Prices Rise Amid U.S. Inflation Data and Tensions in Rafah: This week, oil markets showed resilience as futures closed higher despite a strong dollar ...
riotimesonline.com/oil-prices-rise-amid-u-s-inflation-data-and-tensions-in-rafah/
Morning Bid: Big Tech see-saw flips positive, yen swings wildly: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-26/
Inflation Remains a Stubborn Problem for the Fed as March Data Confirms a Stall in Efforts to Bring Prices Down
usnews.com/news/economy/articles/2024-04-26/inflation-remains-a-stubborn-problem-for-the-fed-as-march-data-confirms-a-stall-in-efforts-to-bring-prices-down
Microsoft, Amazon, Nvidia And Alphabet Lead Tech Stock Surge To Two-Month High: The rally from Microsoft, Amazon, Nvidia and Alphabet eased anxiety over ...
forbes.com/sites/segunolakoyenikan/2024/04/26/microsoft-amazon-nvidia-and-alphabet-lead-tech-stock-surge-to-two-month-high/
View from Pakistan: Islamabad must be proactive and normalise trade relations with New Delhi
scroll.in/article/1066933/view-from-pakistan-islamabad-must-be-proactive-and-normalise-trade-relations-with-new-delhi
Yen tumbles past 158 against dollar on stubborn U.S. inflation : TOKYO/NEW YORK -- Japan's currency fell past 158 yen to the dollar on Friday in a ...
asia.nikkei.com/Business/Markets/Currencies/Yen-tumbles-past-158-against-dollar-on-stubborn-U.S.-inflation
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Politics Briefing: Conservatives calling for Mark Carney to answer questions on his policy positions
theglobeandmail.com/politics/article-politics-briefing-conservatives-calling-for-mark-carney-to-answer/
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Hot in Here: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-26/hot-in-here-the-bloomberg-close-americas-edition
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Sterling steadies against dollar, jumps to 16-year high vs yen: Sterling steadied on Friday after rising to a two-week high against the dollar as markets awaited ...
reuters.com/markets/currencies/sterling-steadies-against-dollar-jumps-16-year-high-vs-yen-2024-04-26/
Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Argentina's inflation fight makes peso world's strongest currency: Javier Milei's measures to tame Argentina's inflation have boosted the peso to the top ...
markets.businessinsider.com/news/currencies/argentina-peso-us-dollar-dollarization-recession-inflation-milei-foreign-currency-2024-4
US data blurs the picture for bond investors: The combination of slower growth and nagging inflation is an unsettling mix
ft.com/content/202c4e5a-15f0-425b-b688-c00a1b0ce39c
Brazil Inflation Slows More Than Expected Before Rate Decision: Brazil’s inflation cooled more than expected, giving the central bank room to maintain its ...
bloomberg.com/news/articles/2024-04-26/brazil-inflation-slows-more-than-expected-before-rate-decision
Singapore’s private home price growth slows to 1.4% amid lower sales: In the first quarter of 2024, the total stock of unsold new homes rose to 20,204 units.
straitstimes.com/business/singapore-s-private-home-price-growth-slows-to-14-amid-lower-sales
Trudeau airport expansion stokes plane-noise fears in east-end Montreal: Residents living under flight corridors worry about greater disturbances as ADM plans to ...
montrealgazette.com/news/local-news/trudeau-airport-expansion-stokes-plane-noise-fears-in-east-end-montreal
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
coindesk.com/markets/2024/04/26/bitcoin-chops-around-64k-with-japanese-yens-tumble-maybe-signaling-currency-turmoil-analyst-says/
Jamie Dimon says US has less than 50% odds of nailing a soft landing: "It looks a little bit more like the '70s to me, and I point out to a lot of people ...
businessinsider.com/jamie-dimon-soft-landing-outlook-recession-inflation-jpmorgan-geopolitics-2024-4
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