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August 19, 2022

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Tag: inflation

Business

Inflation peaking? 10 common consumer items where prices are falling

August 19, 2022 - by adminaws - Leave a Comment

A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images July’s consumer price index report finally showed a …

Inflation peaking? 10 common consumer items where prices are falling Read More
Business

Norway’s sovereign wealth fund loses $174 billion in the first half

August 17, 2022 - by adminaws - Leave a Comment

Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Kristian Helgesen/Bloomberg | Bloomberg | Getty Images Norway’s sovereign wealth fund, the largest in the world, had a loss …

Norway’s sovereign wealth fund loses $174 billion in the first half Read More
Business

Britain’s bond yields rocket higher after double-digit inflation print

August 17, 2022 - by adminaws - Leave a Comment

Customers inside an Asda supermarket in London. Simon Dawson In Bloomberg via Getty Images LONDON — British 2-year Gilt yields soared to their highest point since November 2008 on Wednesday …

Britain’s bond yields rocket higher after double-digit inflation print Read More
Business

UK inflation hits new 40-year high of 10.1%

August 17, 2022 - by adminaws - Leave a Comment

Liz Truss and Rushi Sunak during The Sun’s Showdown: The Fight for No10, the latest head-to-head debate for the Conservative Party leader candidates. The next prime minister will be forced …

UK inflation hits new 40-year high of 10.1% Read More
Local News

Joe Biden Gifts Joe Manchin the Pen He Used to Sign the Massive Inflation Reduction Act

August 17, 2022 - by adminaws - Leave a Comment

President Joe Biden formally signed the biggest climate package in US history Tuesday night, cementing the $430 billion Inflation Reduction Act into law. The legislation, hailed by former President Barack …

Joe Biden Gifts Joe Manchin the Pen He Used to Sign the Massive Inflation Reduction Act Read More
Local News

Biden signs massive climate and health care legislation

August 16, 2022 - by adminaws - Leave a Comment

WASHINGTON (AP) — President Joe Biden signed the Democrats’ landmark climate change and health care bill into law on Tuesday, delivering what he has called the “final piece” of his …

Biden signs massive climate and health care legislation Read More
Local News

Hopeful Signs for Democrats in the 2022 Midterms – The Wall Street Journal

August 16, 2022 - by adminaws - Leave a Comment

Hopeful Signs for Democrats in the 2022 MidtermsThe Wall Street Journal Democrats Are Pulling Ahead of Republicans, Just in Time for MidtermsBloomberg Analysis | Democrats Are Pulling Ahead of Republicans, …

Hopeful Signs for Democrats in the 2022 Midterms – The Wall Street Journal Read More
Business

UK real wages decline at record rate as inflation soars

August 16, 2022 - by adminaws - Leave a Comment

Data from the UK Office for National Statistics released on Tuesday showed that real wages declined at a record pace in June, while unemployment remained level. Jason Alden/Bloomberg via Getty …

UK real wages decline at record rate as inflation soars Read More
Local News

Kemp will hand out up to $1.2B in cash to poorer Georgians

August 16, 2022 - by adminaws - Leave a Comment

ATLANTA (AP) — Gov. Brian Kemp said Monday he will spend up to $1.2 billion in federal COVID-19 aid on payments of $350 apiece to more than 3 million Georgians …

Kemp will hand out up to $1.2B in cash to poorer Georgians Read More
Business

Recession is spreading, warns Peter Boockvar

August 16, 2022 - by adminaws - Leave a Comment

There may be no escape from recession. The latest reports on housing and manufacturing, according to investor Peter Boockvar, suggest it’s rapidly spreading to other parts of the economy. “People …

Recession is spreading, warns Peter Boockvar Read More

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