Latest in Deficit spending, not 'price gouging,' is driving inflation
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15 attorneys general call for national ban on price gouging
Fifteen attorneys general called on congressional leaders to support a national ban on price gouging in a letter sent Wednesday. The letter — addressed to Senate Majority Leader Chuck Schumer ...Politics - The Hill - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...Politics - The Hill - October 14 -
Treasury market under Trump at risk from inflation, not larger fiscal deficit, says analyst
The danger to the Treasury market from a second Donald Trump presidency comes not from a sharp increase in bond issuance but revived price pressuresBusiness - MarketWatch - October 25 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Worries about deficit spending after election bog down U.S. government debt
With about two weeks left before the Nov. 5 election, Treasury yields extending their climb from September’s lows on Monday — spurred in part by growing concern about the path of the U.S. deficit ...Business - MarketWatch - October 21 -
The Papers: 'Reeves is driving up prices' and William's 'hardest year'
New inflation fears and poignant remarks by the Prince of Wales make Friday's front pages.Top stories - BBC News - Yesterday -
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Business - MarketWatch - October 16 -
'Higher prices, larger deficits': 23 Nobel Prize-winning economists slam Trump agenda, endorse Harris
Experts estimate that Donald Trump's budget plan would expand federal deficits by five times more than Vice President Kamala Harris' proposals.Business - CNBC - October 23 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - 2 days ago -
Dan Loeb’s Third Point says a Trump win would boost markets, drive up infrastructure spending
Third Point said it believes the Republicans will take control of both the White House and the Senate, leading to deregulation, an increase in U.S. manufacturing, and higher infrastructure spendingBusiness - MarketWatch - October 18 -
Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflationWorld - ABC News - October 25 -
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spendingWorld - ABC News - October 25 -
'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year
If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.Business - CNBC - October 30 -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
Gas price fears drive pushback against California plan to overhaul climate program
California's Republican representatives in Congress are pushing back against state plans to tighten carbon reduction policies, arguing that doing so would cause a sharp rise in gasoline prices. All ...Politics - The Hill - October 29 -
Democratic senators slam McDonald's for menu price hikes they say have outpaced inflation
Three senators are asking McDonald’s about its menu price hikes in recent years, arguing the increases are higher than they should be — even with inflation.Top stories - NBC News - October 22 -
Inflation pain helped secure Trump win but his policies mean higher prices
Markets expect his policy package to harm trade and growth but reduce business taxes. Dollar and bitcoin soar as Trump wins US election Business live – latest updates US election 2024 – ...World - The Guardian - 3 days ago -
Deficits, Donald Trump and the dollar
How fiscal excess strengthens the currencyWorld - Financial Times - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
The inflation risk for emerging markets
Fiscal indiscipline looms as the biggest threat after central bank battles to slow rising pricesWorld - Financial Times - October 15 -
How Inflation Shaped Voting
We explain inflation’s role in the election.Top stories - The New York Times - Yesterday -
America’s trade deficit isn’t about Trump or Biden — it’s about the WTO
The World Trade Organization has become an obstacle to improving the U.S. trade balance, as it grants "developing country" status to nations like China, allowing them to receive trade concessions, ...Politics - The Hill - October 14 -
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France's budget battle: Why the government's plan to plug the deficit is sparking an outcry
France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficitWorld - ABC News - October 15 -
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficitWorld - ABC News - October 18 -
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.Business - MarketWatch - October 19 -
English councils forecast £9.3bn deficit in three years, analysis shows
Bennett Institute research underlines scale of strains social care placing on local government financingBusiness - Financial Times - October 25 -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25
