Opinion | The Corporate Narrative on Inflation Is Bogus
Synopsis by Common Dreams Jul 28 22
Progressive economists understand there is a more accurate narrative on higher prices and it's time for ...Read full article 
Common Dreams: Opinion | The Corporate Narrative on Inflation Is Bogus
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| Last Updated | Jul 28 22 |
| Total Articles | 2 |
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Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
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How immigration is helping the economy defy expectations: Policymakers are increasingly pointing to an immigration influx and a bolstered U.S ...
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Inflation report March 2024: Consumer prices accelerated in March to 3.5%: Inflation remained elevated once again in March, adding another round of price ...
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California franchisee warns fast food 'has become a luxury': The California franchisee warned that customers have to "think twice" about whether they can afford ...
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Moody's April projection says India's GDP set to expand 6.1% in 2024: New Delhi, Apr 12 (PTI) Moody's Analytics on Friday projected India's economy to ...
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How has the Bank of England dealt with four years of shocks?: Its credibility is battered but intact. It can do better
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World Bank sees Western Balkan economies growing but reforms needed: Economic growth in the six Western Balkan countries is projected to rise 3 ...
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Focus: Soaring insurance costs hit as US buyers finally get a break on car prices
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SBA chief says business applications record reflects pandemic recovery: New business applications have reached their highest-ever level under any presidential ...
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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 ...
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- 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.
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- Cash and bank deposits remain the largest component of wealth.
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Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
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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 ...
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Quick Glance: Escalating Middle East Tensions Shake World Markets
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- Stocks fell, oil briefly rose over $3 per barrel, and safe-haven government bonds rallied.
- The heightened tensions bring fresh uncertainty and fuel concerns that high oil prices and potential supply disruptions will keep inflation high.
- Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
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Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
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- 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.
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
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Quick Glance: Powell Warns of Lack of Progress on Inflation
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- 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.
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- However, recent survey data from the US Census Bureau suggests that the majority of renters in the Seattle area may not agree with these reports.
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- Established in 2020 as a response to the pandemic, the initiative aimed to inform authorities and policymakers about the pandemic's effects on communities nationwide and offer data to support recovery post-pandemic.
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 ...
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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 ...
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COVID Patient’s Infection Lasts Record 613 Days—and Accumulated Over 50 Mutations
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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 ...
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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
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After COVID, WHO defines disease spread 'through air': The World Health Organization and around 500 experts have agreed for the first time what it means for a ...
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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.
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Why is the economy so strong? New hires are spending more and upgrading their lifestyles
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Popular national restaurant chain explores Chapter 11 bankruptcy: The chain has suffered since the Covid pandemic and it may need financial help to have a chance ...
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Quick Glance: Red Lobster Considers Bankruptcy
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- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Debt Mountains of Italy and France Are Rising Again, IMF Says: The euro zone’s second and third-biggest economies are about to pile on debt again after three ...
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The push to decriminalise abortion in Britain heats up: But campaigners should be careful what they wish for
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According to economists: Careers in big cities have this advantage: According to economists, there is more “knowledge spillover” in large cities, i.e ...
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Retail parks outpace high street in post-pandemic rebound : Investment and growing consumer confidence has led to a robust retail sector in general ...
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MP says 'mental health problems in area' have grown since Covid: COLUMN BY STROUD MP Siobhan Baillie
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Dresden District Court: Corona deniers are said to have attacked reporters: In February 2022, a walk by Corona opponents in Laubegast got out of hand and ...
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Hong Kong children at greater risk of flu due to low vaccination rate, expert warns as world pays ‘immunity debt’
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Lake County schools see increased absenteeism since pandemic; ‘When you change the dynamic, it changes a mindset’
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UN Tourism ranks East Africa among most open regions for travellers: East Africa has been ranked among the most open sub-regions in the world in terms visa ...
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America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
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Netflix adds 9.33 million customers in Q1 2024, crushing street forecasts: The company attracted new customers worldwide, showing strength in US and Canada
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Quick Glance: Netflix to Cease Reporting Subscriber Numbers from 2025
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- Despite the success in the first quarter, Netflix shares dropped over 4.5% after-hours upon revealing the decision to stop reporting quarterly subscriber totals.
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DWP crackdown could see millions of people lose benefit payments: Rishi Sunak wants to end "sick note culture"
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Korea to fully shift to 'endemic' from COVID-19 pandemic starting next month
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Caloocan court acquits jeepney drivers sued for protesting during lockdown: The drivers, known as 'Piston 6,' were arrested in 2020 for holding a ...
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Competition, debt punch holes in Fabindia sales: A look at the financial numbers from the registrar of companies (RoC) sourced from PrivateCircle Research ...
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XL Bully ban and abandoned lockdown dogs prompts need for more stray kennels: Hull City Council stated it needed more kennels to cope with a significant rise in ...
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Millennials Are Coming for Your Golf Communities: Living on golf courses has surged in popularity since the pandemic. Many courses have upgraded facilities and ...
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Council told to ensure its spending can be trusted after influencer payments : The council has been asked to show its procurement system can be trusted by its ...
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MLB Valuations 2024: The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 ...
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Jet fuel demand growth lags as air traffic exceeds pre-pandemic level: Global flight activity passed pre-pandemic levels for the first time in four years last ...
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This is how the 2023/24 flu season went in the Heidenheim district: This winter, too, many people lay in bed with fever, runny nose and cough. For some ...
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With ‘Stress Positions,’ John Early Explores a New Side of Himself: “I want to offer up something to the culture that’s more than just a nasty little tweet ...
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NYC to restore $500 million to save 3-K, other education programs on the chopping block
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The news overview in the Heidenheim district on Friday, April 19, 2024: What is the health situation in the Heidenheim district after the pandemic? What does the ...
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Mayar Capital Q1 2024 Letter To Partners: For the three months ending March 31, 2024, the Mayar Responsible Global Equity Fund (Class A) was up 4.31% net ...
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Balinger club history: How the Sonnenkeller became a stronghold of rock music: There is hardly anyone in Balingen who doesn't know the “Sonnenkeller”, after all ...
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Slow growth, high debt - troubled UK economy awaits election winners: Britain's national election, expected later this year, will take place against a backdrop ...
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Fresh millions for Flink: delivery startup between purchase and financing: Flink was once worth 3 billion - there is little left of it. There is talk of a ...
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The WHO's new AI health chatbot is already making some mistakes: The World Health Organization introduced a new AI chatbot that provides information on ...
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Dentists had these fears during lockdown: During the lockdown, dentists also canceled treatment appointments - for fear of infection. The resulting losses in ...
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The FPÖ wants to come to terms with the pandemic period in Burgenland: As in the federal government, the Freedom Party in this country is also calling for a ...
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These births have decreased the most in Switzerland - Zofinger Tagblatt: Births of third children in Switzerland are declining sharply
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This is how the Rotter Markt Sunday should become a crowd magnet again: A new concept is intended to give the Rotter Markt, which has lost its appeal due to the ...
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Lufthansa evaluates new China routes amid slow recovery in capacity: Lufthansa Airlines' capacity on routes to and from China has returned to 70% of the levels ...
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‘Stress Positions’ Review: An Antic Covid-19 Comedy: Set during the early months of the pandemic, writer-director Theda Hammel’s feature debut stars John Early ...
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New restaurant for Ueckermünde: Haff restaurateurs transform steakhouse into Pommernstuv
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Citizens' council could deal with the corona pandemic: Randomly selected people debate and give recommendations for action - what already existed in terms of ...
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WHO Warns Threat Of Bird Flu Spreading To Humans Is ‘Great Concern’: The World Health Organization’s chief scientist warned bird flu may evolve and transmit from ...
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