Tag #Inflation

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cbsnews.com
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Inflation Data to Impact HELOC Interest Rates

The upcoming April inflation data release on May 13th will likely influence Federal Reserve decisions on interest rates, potentially affecting HELOC rates, currently at 7.99% for eligible borrowers, which have been decreasing since September 2024.

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44% Bias Score

Reduced Inequality
cbsnews.com
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Slight Gold Dip Presents Investment Decision

Gold prices dipped slightly this week to \$3,237.75 per ounce from \$3,324.59 on May 9th, representing a less than 3% decline, despite still being up over 56% since early 2024; this creates a decision point for investors weighing potential profit against long-term portfolio diversification.

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52% Bias Score

Reduced Inequality
cbsnews.com
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Gold's 61% Price Surge: Investment Options Amidst High Prices

Gold prices have soared 61% since early 2024, reaching \$3,338.04 per ounce; however, 1-gram gold bars, gold ETFs, and fractional gold coins offer accessible entry points for investors despite the high price.

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52% Bias Score

Reduced Inequality
euronews.com
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UK Wage Growth Slows, Unemployment Rises Amidst Economic Uncertainty

UK wage growth slowed to 5.6% in the three months to March 2025, the lowest since November 2024, while unemployment rose to 4.5%, the highest since August 2021, as businesses grapple with increased costs and global uncertainty.

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Australia's Super Tax: Inflation Indexing Crucial to Mitigate Future Impact

Australia's Labor government plans to introduce new superannuation taxes on balances above \$3 million and a 15% tax on unrealised gains; however, the lack of inflation indexing will significantly broaden the impact over time, affecting more people than initially projected.

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56% Bias Score

Reduced Inequality
mk.ru
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Russia's Economic Growth Slows Sharply in Q1 2025

Russia's Q1 2025 economic growth slowed to 1.7% year-on-year, down from 4.3% in 2024, driven by negative industrial demand, high interest rates, and personnel shortages; a technical recession is increasingly likely.

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44% Bias Score

Decent Work and Economic Growth
forbes.com
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Side Gigs Surge Amid Economic Uncertainty

Amid economic uncertainty and inflation, 71% of Americans are actively seeking secondary income through side gigs, such as freelancing and online tutoring, to combat rising costs and job insecurity, with the average gig earning $891 per month.

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60% Bias Score

No Poverty
bbc.com
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UK Job Market Weakens Amidst Falling Payrolls and Vacancies

The UK job market weakened in early 2025, with payrolls falling by 47,000 in March and an estimated 33,000 in April, and job vacancies dropping by 42,000 to 761,000 (Feb-Apr). Unemployment rose to 4.5%, while wage growth, at 5.6%, remains a concern for the Bank of England.

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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UK Job Market Slowdown: April Figures Reveal 33,000 Payroll Drop

UK payroll employment fell by 33,000 in April, with vacancies down 42,000, pushing unemployment to 4.5 percent; this slowdown is attributed to increased National Insurance and the National Living Wage, alongside global uncertainty.

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48% Bias Score

Decent Work and Economic Growth
dw.com
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Venezuela: Mass Protests Erupt Amidst Crushing Poverty and Economic Crisis

On May 1, 2025, massive protests erupted in Venezuela against a \$1.48 minimum wage, insufficient bonuses, and low pensions amid a projected 2-2.5% GDP contraction and 220% inflation in 2025 (OVF), reflecting the failure of government policies to address a deep structural crisis.

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60% Bias Score

No Poverty
theglobeandmail.com
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Fed Holds Rates Amidst Global Trade War Uncertainty

The Federal Reserve is holding interest rates steady despite rising inflation and a global trend of rate cuts due to the trade war, creating a significant policy divergence; this decision is based on positive current U.S. economic data but risks falling behind if a slowdown is sharper than predicted...

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48% Bias Score

Decent Work and Economic Growth
smh.com.au
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Woolworths Launches $100 Million Price-Cut Campaign

Woolworths initiated a $100 million price reduction on 400 essential items, averaging a 10% decrease, in response to cost-of-living concerns, government pressure, and competitive pressures from Coles; the campaign's success hinges on Coles' response and the duration of the price cuts.

Progress

64% Bias Score

No Poverty

Showing 889 to 900 of 2,780 results