Live updates: BHP/Anglo deal off, market digests hot inflation data
It's over. The world's biggest miner BHP has walked away from a potential takeover deal for Anglo American, declining to make a firm offer after…
German inflation rises as consumer confidence hits 2-year high
Germany's annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high…
Major broadband firm announces summer price hikes for thousands of customers – will you be £36 a year worse off?
A MAJOR broadband firm has confirmed summer price hikes for thousands of customers. NOW is increasing the prices of its broadband tariffs for the second…
Private Credit Chases Japan’s Trillions as Inflation Spurs Shift
Breadcrumb Trail LinksPMN BusinessPrivate credit funds are trying to scoop up more of Japan’s ¥4.5 quadrillion ($28.7 trillion) of financial assets to lend globally, betting…
Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about…
Charting the Global Economy: Easing G-7 Inflation Will Be Uneven
Breadcrumb Trail LinksPMN BusinessInflation is set to ease across Group of Seven economies, according to those countries’ central bankers, but the progress will be uneven.Author…
These Fijian PALM workers spend weekends feeding Australians struggling with cost of living
In a warm and spice-scented kitchen, five Fijian workers lift their voices and sing a tune known widely back home.They're spending their Saturdays off cooking…
Energy bills to fall by £122 for millions in July as new Ofgem price cap confirmed – what it means for you
MILLIONS of households will soon breathe a new sigh of relief as energy bills are to fall again in July. The energy regulator Ofgem has confirmed the new price…
Poll shows inflation-focused voters in swing states favor Trump
Former President Trump narrowly leads President Biden in six of the seven states considered key in this year’s election rematch, an advantage powered by the…
Peter Dutton excoriated Labor in his budget reply while pumping up his own record. But did he stick to the facts?
Opposition Leader Peter Dutton's budget reply speech painted a stark picture of the country's direction under the Albanese government.Manufacturing insolvencies, bulk-billing rates, health spending and…
Economists to have a close eye on April inflation report as BoC rate decision nears
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian Press Nojoud Al MalleesPublished May 19, 2024 • 3 minute read You can save this article by…
Slowing Inflation Primes G-7 Central Banks for June
Breadcrumb Trail LinksPMN BusinessInflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy…
Sunak May Struggle to Turn Key Inflation Victory Into Votes
Breadcrumb Trail LinksPMN BusinessOf the five goals Rishi Sunak set for himself at the start of 2023, he met just one — halving inflation by…
Wake up and smell the coffee but where’s the best value espresso?
Coffee prices continue to rise in the continent but at a considerably slower rate than last year's double-digit price hikes. ADVERTISEMENTCoffee prices hardly increased in…
After a huge week of economic news, where did we land on the direction of interest rates?
It's been a big week for economic and business news.Treasurer Jim Chalmers handed down his third budget on Tuesday, and the Bureau of Statistics published…
Inflation improves a bit in April, but housing costs remain obstacle
WASHINGTON — Government data released Wednesday show that inflation eased a bit in April, but remains at a relatively high level. The latest report isn’t likely…
Swedish Inflation Backs Case for Abating Price Pressure
Breadcrumb Trail LinksPMN BusinessSweden’s underlying inflation held steady last month in a vindicating sign for the Riksbank, which last week became the second major developed-world…
I was a desperate single mum trying to clear £7,000 debt – how to avoid my easy mistake
SINGLE mum Marie Roberts desperately searched for help to pay off her £7,000 debt - but an easy meant it cost her hundreds of pounds…
Federal Budget 2024 live updates: Government defends cost-of-living payments as opposition urges plan to fight inflation
There are promises aplenty of free and accessible mental health services, but they’re still a way off yet, writes national health reporter Elise Worthington. You…
HECS relief but universities, students still waiting for answers as budget reality dampens promise of historic ‘accord’
In short: $1.1 billion will be spent over five years on initiatives such as HECS relief, addressing "poverty placement" and better access to courses.A "needs based"…