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Australia to recommend minimum wage rise in line with inflation: Australia's government will support a minimum wage increase in line with inflation this year as ...
reut.rs/3VxUw2W
Federal parliament live updates: Government considering religious discrimination laws, pushes for minimum wage increase
abc.net.au/news/2024-03-25/federal-parliament-live-updates-march-25/103626402
Government pushes for minimum wage increase to keep pace with inflation: The government will advocate that the wages of Australia's lowest-paid workers do not go ...
abc.net.au/news/2024-03-25/government-pushes-for-minimum-wage-rise-in-line-with-inflation/102802622
The push against wage rises has begun again – it’s an argument for Australia’s poorest workers to become poorer
theguardian.com/business/grogonomics/2024/mar/28/the-push-against-wage-rises-has-begun-again-its-an-argument-for-australias-poorest-workers-to-become-poorer
Climate change driving up inflation in food prices: Study: Rising global temperatures are associated with inflation in food prices, both in regions that are ...
thehill.com/policy/energy-environment/4554700-climate-change-driving-up-inflation-in-food-prices-study/
UK inflation falls to 3.4% - BBC News: The latest figures are due to be published at 07:00 by the Office for National Statistics.
bbc.co.uk/news/live/business-68581526
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Man killed in New York after being pushed on to subway track: A man was killed on Monday when a stranger pushed him on to a New York City subway track in front ...
reuters.com/world/us/man-killed-new-york-after-being-pushed-subway-track-2024-03-26/
Japan Set to Decide on Ending the World’s Last Negative Rates
bloomberg.com/news/live-blog/2024-03-19/bank-of-japan-monetary-policy-decision
Quick Glance: Fate of BOJ's Stimulus Tools Revealed
- The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.
- The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.
- Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.
- The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong
apnews.com/article/unemployment-claims-benefits-layoffs-jobs-economy-e57c4a244554722ef4b5707156c096dd
Quick Glance: RBA's Stance on Interest Rates Amid Rising Unemployment Risks
- The Reserve Bank considers both interest rate cuts and rises as unemployment risks increase.
- Contrary to expectations, the US Federal Reserve is not likely to cut rates, shifting focus to Australian rate cuts.
- Economic performance and job data are crucial factors influencing future monetary policy decisions.
- Investors and policymakers are adjusting strategies in anticipation of potential rate cuts and economic slowdown.
3 ways to save money for people on a fixed income: These tips might help you make the most of your fixed budget well into your golden years
ajc.com/things-to-do/aging-in-atlanta/3-ways-to-save-money-for-people-on-a-fixed-income/HGGEHJ4PHZD33CMT3PGEZTEVQA/
Campaign looks to connect Latinos with Climate Action Plan funds: A new campaign is underway to help Hispanics in battleground states access federal climate ...
thehill.com/latino/4546933-campaign-latinos-climate-action-plan/
Nsave gets $4M to enable people from unstable economies open offshore accounts: Nsave, a fintech based in Geneva making banking in Switzerland accessible to ...
techcrunch.com/2024/03/22/nsave-gets-4m-seed-funding/
Contraceptives will be available without a prescription in New York following a statewide order
pbs.org/newshour/politics/contraceptives-will-be-available-without-a-prescription-in-new-york-following-a-statewide-order
Higher olive oil prices due to shortage - Foodstuffs: Supermarket giant Foodstuffs is warning of a olive oil shortage and in turn higher prices at the checkout.
rnz.co.nz/news/country/512615/higher-olive-oil-prices-due-to-shortage-foodstuffs
Toyota confirms UK pricing for new GR Yaris: £10k price rise for Toyota's hot hatch hero - and the special editions are £60k...
pistonheads.com/news/ph-japanesecars/toyota-confirms-uk-pricing-for-new-gr-yaris/48353
‘Distinction the new credit’: Grade inflation puts uni integrity at risk: An investigation into grade inflation by Sydney University found a 234 per cent ...
smh.com.au/national/nsw/distinction-the-new-credit-grade-inflation-puts-uni-integrity-at-risk-20240321-p5fe7i.html
Annual inflation rose to 3.2 percent in February, hotter than expected: Consumer prices rose at faster monthly and annual rates in February, according to ...
thehill.com/business/4525863-annual-inflation-rose-to-3-2-percent-in-february/
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
State board approves 114 new licenses for New York's embattled cannabis industry: Gov. Kathy Hochul this week announced the approval of more than 100 new state ...
nypost.com/2024/03/23/us-news/114-new-licenses-approved-for-new-yorks-troubled-pot-program-2/
Ready for spring break travel? L.A. County gas prices top $5 a gallon: Higher crude oil prices and increased demand for fuel from spring break road trips have ...
latimes.com/california/story/2024-03-24/gas-prices-in-la-over-5-a-gallon
Quick Glance: Rising Gas Prices in California during Spring Break
- The surge in crude oil prices and the increased demand for fuel due to spring break have led to rising gas prices in California.
- Drivers in Los Angeles County are even experiencing higher prices, averaging $5.035.
- Moreover, California is set to transition to its summer gas blend, potentially costing 15 cents more per gallon than the current winter blend, as mentioned by Shupe.
- The national average for a gallon of gas stands at $3.533, as reported by AAA.
42% of under 25 grads unemployed
300 mln workers earn below minimum wage1 in 3 households struggle to make ends meet
9.79 lakh vacant govt jobs
New report ... Show more
Biden and Trump ask voters if they're 'better off' than they were 4 years ago. It's complicated
apnews.com/article/biden-trump-voters-pandemic-era-economy-inflation-597f4f2f2b2e32d8933802e37ef66913
Quick Glance: Biden Contrasts Himself with Trump Through 'Are You Better Off Today' Question
- President Joe Biden used the 'are you better off today than you were four years ago' question as a new line of attack against former President Donald Trump, reminding voters of the challenges during Trump's term.
- Biden also criticized Trump for his 'bloodbath' comment, emphasizing the need to reject political violence. He redirected the narrative by focusing on the 'better off' theme and highlighted the early days of the COVID-19 pandemic in the U.S.
- Furthermore, Biden underscored the progress made since Trump's presidency, including COVID-19 control, the return of 15 million jobs, and stock market recovery. Biden's campaign sees a resurgence of interest in a Biden-Trump rematch among voters.
- The article also mentions Biden's comments on U.S. Sen. Ted Cruz and his support for Rep. Colin Allred, positioning Cruz as an ally of Trump. Biden conveyed the message that the focus should be on Trump's intentions and actions, rather than on himself.
Retail theft, migrant crisis: NY budget tests Hochul, Democrats: Migrant crisis and housing woes being considered.
politico.com/news/2024/03/25/new-york-budget-hochul-00148731
Lyft and Uber say they will leave Minneapolis after city council forces them to pay drivers more
apnews.com/article/minneapolis-uber-lyft-ridehailing-minimum-wage-d60db6a2e2580dc1d93c438a8cffa5ee
Quick Glance: Uber and Lyft's Potential Departure from Minneapolis Over Driver Earnings
- The conversation around ride-hailing driver pay has been intensifying in Minneapolis over the past year.
- The Minneapolis City Council passed an ordinance requiring ride-hailing companies to pay drivers $1.40 per mile and $0.51 per minute.
- Uber and Lyft have threatened to shut down operations in Minneapolis if the ordinance takes effect.
- The debate over minimum pay for ride-hailing drivers has been escalating in Minneapolis, with differing perspectives between companies and drivers.
New York Must Figure Out How to Fix Cannabis Mess, Hochul Orders: Gov. Kathy Hochul ordered a review of the way New York State licenses cannabis businesses after ...
nyti.ms/3PlqPhO
Economic institutes lower growth forecast to 0.1 percent: The leading economic institutes in Germany have drastically revised their forecast downwards ...
tagesschau.de/wirtschaft/fruehjahrsprognose-institute-100.html
Federal Reserve expected to cut rates, lift Biden's prospects: The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season ...
reuters.com/markets/us/federal-reserve-expected-cut-rates-lift-bidens-prospects-2024-03-25/
Dow, S&P fall for third straight session with inflation data eyed: U.S. stocks slipped on Tuesday, giving up modest gains late in the session to send the Dow and ...
reuters.com/business/futures-rise-megacap-chip-stocks-bounce-2024-03-26/
Birth Control to Be Sold Over the Counter in New York Pharmacies: Officials said the move was intended to remove barriers to contraceptive care ...
nytimes.com/2024/03/19/nyregion/new-york-birth-control-over-the-counter.html
Weak demand: Residential property prices are falling more sharply than they have been since 2000
faz.net/aktuell/finanzen/preise-fuer-wohnimmobilien-sinken-im-rekordtempo-staerkster-rueckgang-seit-2000-19604413.html
Birth Control to Be Sold Over the Counter in New York Pharmacies: Officials said the move was intended to remove barriers to contraceptive care ...
nytimes.com/2024/03/19/nyregion/new-york-birth-control-over-the-counter.html
Oil's Red Sea problem is getting harder to ignore: Oil shipments and prices are being disrupted by turmoil on the high seas.
axios.com/2024/03/26/crude-oil-markets-red-sea
Poverty situation in Germany remains mixed: 2022 was the year of rapid inflation. However, according to the poverty report by the Paritätischer Gesamtverband ...
tagesschau.de/inland/gesellschaft/armut-inflation-100.html
As Inflation Skyrockets, Argentines Rely on Time-Tested Strategies: Between December and February, Argentina’s accumulated inflation topped 70% ...
globalpressjournal.com/americas/argentina/inflation-skyrockets-argentines-rely-time-tested-strategies/
After Another Subway Shooting, NYC Wrestles With Question of Safety: Even with the National Guard patrolling the system, some New Yorkers say they don’t feel ...
nytimes.com/2024/03/16/nyregion/subway-shooting-national-guard-safety.html
Fast food workers are losing their jobs in California as new minimum wage law takes effect
usatoday.com/story/money/food/2024/03/26/california-minimum-wage-jobs/73107149007/
How a Trump presidency could threaten Biden’s signature climate achievement: Democrats’ sweeping Inflation Reduction Act (IRA) has fueled significant progress in ...
thehill.com/policy/energy-environment/4543117-trump-biden-inflation-reduction-act-hamper-climate-gains/
I earn £1,568 a month but rely on benefits - even they're not enough: A single parent explains how working full time still isn't enough to make ends meet – ...
metro.co.uk/2024/03/28/earn-1-568-a-month-rely-benefits-even-not-enough-20524186/
Stock market today: Indexes slip again ahead of inflation data: Stocks logged another losing session on Tuesday, after closing lower in the prior two sessions ...
markets.businessinsider.com/news/stocks/stock-news-today-rally-fed-comments-pce-inflation-data-powell-2024-3
UK interest rates: Bank boss says cuts 'on the way': The Bank of England has kept the cost of borrowing at 5.25% for the fifth time in a row.
bbc.com/news/business-68618436
National Guard Can’t Carry Long Guns While Checking Bags in Subway: Gov. Kathy Hochul issued an order forbidding the weapons at bag-check stations on Wednesday ...
nytimes.com/2024/03/09/nyregion/long-guns-subway.html
Gold hits fifth record high in March on Fed rate-cut view: Gold prices on Thursday hit record highs for the fifth time this month after the U.S ...
reuters.com/markets/commodities/gold-sprints-record-high-fed-sticks-2024-rate-cut-view-2024-03-21/
Dollar weakens after Fed meeting, yen strengthens: The dollar weakened and the yen rebounded from near multi-decade lows on Wednesday after the Federal Reserve ...
reuters.com/markets/currencies/yen-flounders-near-four-month-low-fed-spotlight-2024-03-20/
New figures: Inflation at lowest level for years - also in Berlin: Thanks to cheaper energy, the inflation rate in Germany fell in March to its lowest level ...
berliner-zeitung.de/news/inflation-auf-tiefstem-stand-seit-2021-auch-in-berlin-li.2195624
Hochul's going into overdrive to avoid another down-ballot disaster in New York: The New York governor is also adding staff, money and technology to state party ...
politico.com/news/2024/03/13/kathy-hochul-spotlight-new-york-elections-00146589
N.Y. pharmacists can now offer birth control without prescriptions, Hochul says: The directive covers oral hormonal contraceptives, vaginal rings and ...
nydailynews.com/2024/03/19/n-y-pharmacists-can-now-offer-birth-control-with-prescriptions-hochul-says/
What to know as New York approaches state budget deadline: When the state Senate and Assembly released budget proposals this month in response to the blueprint ...
nydailynews.com/2024/03/23/what-to-know-as-new-york-approaches-state-budget-deadline/
Whoopi Goldberg rips NY’s $15 congestion pricing toll to Kathy Hochul’s face on ‘The View’: ‘This is a huge deal’
nypost.com/2024/03/13/us-news/whoopi-goldberg-rips-nys-congestion-pricing-toll-on-the-view/
Switzerland becomes first major economy to cut interest rates in surprise move: The Swiss National Bank surprised the market with a decision to lower its main ...
cnbc.com/2024/03/21/switzerland-becomes-first-major-economy-to-cut-interest-rates-in-surprise-move.html
Quick Glance: Swiss National Bank Surprises with Rate Cut
- The Swiss National Bank cut its main interest rate by 25 basis points to 1.50%, becoming the first major central bank to ease tighter monetary policy aimed at tackling inflation.
- The franc dropped following the decision, boosting the euro to its highest level against the Swiss currency since mid-July last year, with Swiss government bond yields also falling.
- Experts like Karsten Junius and Alexander Koch highlighted the significance of the rate cut due to low inflation rates and the strong franc, with expectations for more rate cuts.
- The decision was widely perceived as a surprise, leading to speculation about further rate cuts in June and September, as inflation forecasts were substantially revised downwards.
Association warns: Is there a risk of a coffee shortage from 2025?: The coffee industry is warning of coffee shortages and higher prices. The reason: an EU law ...
zdf.de/nachrichten/wirtschaft/kaffeemangel-2025-eu-verband-warnt-100.html
Rentals costing landlords up to $450 a week in top-ups: The five things you need to know about the housing market this week.
oneroof.co.nz/news/rentals-costing-landlords-up-to-450-a-week-in-top-ups-45221
These viral $2.99 Trader Joe’s tote bags are being resold for as much as $500 on eBay
richmond.com/news/nation-world/business/trader-joes-mini-totes-tiktok-resale/article_df90e822-980a-5b47-98b9-0428e82e8d59.html
Hochul bans 'long guns' for National Guard troops deployed to NYC subway bag checkpoints
nypost.com/2024/03/10/us-news/hochul-bans-long-guns-for-national-guard-troops-deployed-to-nyc-subway-checkpoints/
Wall Street hits record closing highs on rate-cut optimism; chipmakers rally: Wall Street's three major stock indexes on Thursday registered record closing highs ...
reuters.com/markets/us/futures-gain-fed-sticks-rate-cut-projections-micron-rally-lifts-chipmakers-2024-03-21/
Senate Democrats release ad targeting Ohio GOP candidate Moreno: ‘Even Republicans don’t trust him’
thehill.com/homenews/campaign/4544846-ohio-senate-race-2024-election-moreno-senate-democrats-ad/
Germany's economy: Institutes drastically reduce growth forecast: Germany's leading economic institutes have reduced their growth expectations for the current ...
stern.de/wirtschaft/news/deutschlands-wirtschaft--institute-senken-wachstumsprognose-drastisch-34580142.html
Yen hits 34-yr low ahead of key US inflation data: The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan's top ...
reuters.com/markets/currencies/dollar-steadies-yen-teeters-ahead-key-us-inflation-data-2024-03-27/
The Bank of Japan ends its negative interest rate policy, opting for its first hike in 17 years
apnews.com/article/japan-economy-interest-rate-boj-b650a9b8a517bcf3a31c32ffdcf651c9
Australia survives sold out Taylor Swift shows without spike in inflation: Australia survived sold out Taylor Swift concerts in Sydney and Melbourne without a ...
reuters.com/world/asia-pacific/australia-inflation-holds-two-year-low-34-feb-2024-03-27/
Hochul says on ‘The View’ that Cuomo did not warn her before resignation; his team disputes account
nydailynews.com/2024/03/13/hochul-the-view-cuomo-resignation/
Big change for Centrelink payments in 7 days: Welfare payments for pensioners, jobseekers and students are set to increase next week when indexation on payments ...
news.com.au/finance/money/budgeting/how-much-pension-jobseeker-payments-are-set-to-rise/news-story/111fa966ab123b45c467daaf6a44573d
Biden starts making his affordable housing pitch on the trail: A trip to Nevada will be centered around increasing housing supply.
politico.com/news/2024/03/19/biden-campaign-affordable-housing-nevada-00147691
Hochul’s smart subway deployment: Let’s say you have a problem. It’s getting worse and no one is doing much about it. Then someone with authority steps in and ...
nydailynews.com/2024/03/13/hochuls-smart-subway-deployment/
Your 401(k) has 'room to run.' And it's not all about Fed rate cuts.: The Fed's plans to cut interest rates seems to be driving up stocks and your 401(k) ...
usatoday.com/story/money/2024/03/24/fed-rate-cuts-stocks-economy/73074366007/
Is deploying soldiers on New York’s subway as mad as it seems? : Governor Kathy Hochul’s move may have as much to do with a labour dispute as with crime fighting
economist.com/united-states/2024/03/14/is-deploying-soldiers-on-new-yorks-subway-as-mad-as-it-seems
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‘Strike Madness’ Hits Germany While Its Economy Stumbles: A wave of strikes by German workers, feeling the sting of inflation and stagnant growth ...
nytimes.com/2024/03/22/world/europe/germany-strikes-economy.html
Why Japan’s economy remains a warning to others: Low real rates, low growth and high debts are not going away
economist.com/leaders/2024/03/19/why-japans-economy-remains-a-warning-to-others
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Central Bank: Pay for Irish workers to outpace inflation: Workers' spending power in the republic is likely to go up over the next three years up until 2026.
bbc.com/news/articles/cv2yn74dz4ro
Why America can’t escape inflation worries: The Federal Reserve sticks to its plans, despite an uncertain situation
economist.com/finance-and-economics/2024/03/20/why-america-cant-escape-inflation-worries
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Lowest inflation rate in almost three years: Energy and food cheaper than they have been for a long time
hna.de/leben/geld/niedrigster-inflationswert-drei-jahren-energie-billiger-lebensmittel-geld-kaufkraft-inflation-zr-92886544.html
Bakery charges higher prices on Sundays and public holidays - "For being open": To compensate for the wage increase: a Dresden master baker raises the prices of ...
schwaebische-post.de/welt/verbraucher/aenderung-baeckerei-presierhoehung-sonntage-feiertage-brot-semmeln-preise-zr-92909735.html
Taxing the Rich, School Funding, Housing: N.Y. Budget Battle Begins: Both of New York’s legislative chambers have announced their budget proposals ...
nytimes.com/2024/03/12/nyregion/ny-budget-taxes-housing.html
Hochul and Adams launch task force cracking down on ‘ghost cars’: Ghost cars have been a growing problem in the post-COVID years, and the New York City Police ...
nydailynews.com/2024/03/12/hochul-and-adams-to-launch-task-force-cracking-down-on-ghost-cars/
Singapore Feb core inflation accelerates to 7-month high amid Lunar New Year: Singapore's February core inflation accelerated to its fastest pace in seven months ...
reuters.com/world/asia-pacific/singapore-february-core-inflation-rises-36-yy-2024-03-25/
New Yorkers react to National Guard subway deployment with memes, jokes, anger, and confusion
mashable.com/article/national-guard-nyc-memes
Burrito price hike in San Francisco restaurant aims to break even with inflation: A Mexican restaurant in San Francisco’s Mission District, La Vaca Birria is ...
nbcbayarea.com/news/local/san-francisco/22-dollar-burrito-la-vaca-birria-san-francisco/3479820
Fact check: Trump won’t stop inflating inflation numbers: Americans have experienced significant price increases during the tenure of President Joe Biden – but ...
cnn.com/2024/03/19/politics/fact-check-donald-trump-inflation/
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NY to probe sputtering legal marijuana program as storefronts lag, black market booms
abcnews.go.com/US/wireStory/new-york-probe-sputtering-legal-marijuana-program-storefronts-108249209
Why Costco’s hot dog is still $1.50 when everything has gotten so expensive: Inflation has touched nearly everything these last few years — even Trader Joe’s ...
cnn.com/2024/03/27/economy/costco-hot-dog-inflation/
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The right weapons for subway crime: Transit cops, not soldiers: Gov. Hochul's deployment of the National Guard into the subway with their M4 machine guns ...
nydailynews.com/2024/03/12/the-right-weapons-for-subway-crime-transit-cops-not-soldiers/
Black New Yorkers already clashing over who should get reparations as state panel starts
nypost.com/2024/03/10/us-news/black-new-yorkers-clash-over-who-should-get-reparations/
Argentina's child poverty rate on track to hit 70%, UNICEF warns: Argentina's child poverty rate could hit 70% in the first quarter of the year unless there is a ...
reuters.com/world/americas/argentinas-child-poverty-rate-track-hit-70-unicef-warns-2024-03-12/
Japan raises interest rates for first time in 17 years: The central bank had previously cut the rate below zero to try and stimulate Japan's stagnating economy.
bbc.com/news/business-68594141
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