Tag #Inflation

english.kyodonews.net
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Japan to Raise Tax Deduction Cap for Dependents to $9,900

Japan's ruling parties will raise the income cap for tax deductions on dependents aged 19-22 to \$9,900 from \$6,800, potentially starting next year, as part of a deal with the opposition to pass a \$277 billion supplementary budget. This addresses concerns that the previous cap discouraged part-tim...

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36% Bias Score

Reduced Inequality
dailymail.co.uk
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Currys Warns of Price Rises After Labour's National Insurance Hike

Currys predicts £32 million in extra costs from Labour's National Insurance hike and other policy changes, which will likely result in price increases for electrical goods and reduced company investment.

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40% Bias Score

Reduced Inequality
news.sky.com
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Currys Warns of Price Rises Following Labour Budget

Currys reported a 2% rise in like-for-like sales but warned of upcoming price increases due to the Labour government's budget, estimating a £32 million impact from increased employer National Insurance contributions; this comes despite a recent rise in consumer confidence.

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44% Bias Score

Reduced Inequality
cbsnews.com
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Conflicting Predictions for December 2024 Home Prices

Conflicting predictions exist about whether home prices will drop in December 2024, with some experts citing typical seasonal slowdowns, while others point to continued strong buyer demand and limited supply potentially keeping prices high, possibly even increasing them.

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40% Bias Score

Reduced Inequality
cnbc.com
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U.S. Egg Prices Surge 38% Amid Bird Flu Outbreak and Holiday Demand

The average price of a dozen Grade A large eggs in the U.S. has risen 38% since November 2023 to \$3.65, primarily due to a serious bird flu outbreak that killed 33 million egg-laying hens and increased holiday demand.

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32% Bias Score

Zero Hunger
nbcnews.com
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PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo

The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.

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44% Bias Score

Reduced Inequality
bbc.com
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Currys to Raise Prices After £32 Million Tax Increase

Currys, facing a £32 million cost increase from recent UK tax changes, will raise prices. The increase includes £12 million from National Insurance and £9 million from the National Living Wage rise, forcing the retailer to cut investment and hiring and potentially increase automation and offshoring,...

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52% Bias Score

Reduced Inequality
t24.com.tr
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TÜSİAD: Verimlilik Artışı ve Enflasyonla Mücadele

TÜSİAD, Türkiye'nin düşük verimliliğinin asgari ücret tartışmalarını sürekli kıldığını, enflasyonla mücadelede kamu kesiminin de rol alması gerektiğini ve yüksek teknolojiye dayalı ihracatın artırılması gerektiğini belirtti.

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36% Bias Score

Decent Work and Economic Growth
mk.ru
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Russian Parliament Criticizes Central Bank's Tight Monetary Policy

Russian parliamentarians are urging the Central Bank to drastically lower interest rates, arguing its tight monetary policy is stifling economic growth and increasing inflation, while the Central Bank emphasizes its independence and the government's role in inflation.

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52% Bias Score

Decent Work and Economic Growth
bbc.com
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"Alta da Selic para 12,25%: Impacto na inflação e na economia brasileira"

"O Banco Central elevou a taxa Selic para 12,25% para combater a inflação de 4,87%, impactando o custo de empréstimos e a distribuição de renda, com potenciais consequências negativas para o crescimento econômico e o emprego."

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32% Bias Score

Reduced Inequality
nbcnews.com
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"Trump Acknowledges Grocery Price Reduction Challenges Despite Campaign Promises"

"President-elect Trump, in a Time magazine interview, acknowledges the difficulty of lowering grocery prices despite campaign promises, attributing current high prices to the Biden administration. He plans to lower costs through increased energy production and supply chain improvements, although exp...

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48% Bias Score

Zero Hunger
dailymail.co.uk
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Party City Faces Potential Bankruptcy After Recent Restructuring

Party City, a national party supply retailer with 850 stores, is considering bankruptcy due to lagging sales and financial struggles following its emergence from Chapter 11 in 2023, facing increased competition and rising costs.

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44% Bias Score

Decent Work and Economic Growth