#inflation

#inflation

The mayor's top aides received a salary increase, with the chief of staff earning just under 160,000, though the mayor's own salary decision is pending.

Persistently high inflation and the impact of the tax increases from last year's Budget continue to weigh heavily on balance sheets and are preventing businesses from investing, particularly in the commercial and civil engineering sectors.

According to the National Federation of Independent Businesses (NFIB), the Small Business Optimism Index dropped 2.3 points in January 2025 to 102.8. While still above the long-term average of 98, it's a notable shift.

The president and CEO of Del Monte Foods, Greg Longstreet, cited challenges intensified by a dynamic macroeconomic environment among the reasons for the company's voluntary request to sell its assets via Chapter 11 bankruptcy.

Rep. Chip Roy emphasized the crucial need for spending restraint, cautioning that failure to do so would exacerbate inflation, raise interest rates, and make housing less affordable.

Starbucks’ new policy to charge for extras addresses the increasing costs associated with customizations that burden overall operations.

Inflation rates in France rose to 0.9 percent in June from 0.7 percent in May, driven by increasing service costs, healthcare, and food prices.

Switzerland's Federal Council emphasized that a diplomatic approach is necessary to resolve the financial disagreements stemming from inflation and rising costs related to the US military purchase.

Halfords has posted stronger than expected profits, with underlying pre-tax profits rising by 6.4% to £38.4 million despite external inflationary pressures.

UK growth remains disappointingly lacklustre. Second-quarter GDP is now expected to rise just 0.1 per cent, with business confidence subdued compared to a year ago.

In an unpredictable economy marked by inflation pressures, volatile markets, and the potential for shifts in tax laws, the fundamentals of smart retirement planning remain the same.

Buffalo Wild Wings is launching its Bottomless Apps, an all-day, every-day deal for $9.99, focusing on appetizers to attract dine-in customers amidst the casual dining struggle.

Women aren't being pessimistic about the economy – they're being realistic. Women are experiencing the sharp edge of inflation on essentials like groceries and childcare.

Nigerian equities remain high, with the NGX All Share Index fluctuating between 115,000 and 114,000, illustrating underlying market instability despite some sector gains.

Real average salaries have still not fully recovered from the effects of the COVID-19 pandemic and remain about 6.2 percent lower than they were in fall 2019.

South African equities started slightly lower on Tuesday, showing signs of vulnerability, following declines in global markets.

The lack of a breakthrough in the US-China trade dispute could lead to US restrictions on semiconductor exports, threatening billions in American corporate sales.

The S&P 500’s Q2 resurgence was fueled by expectations for Federal Reserve monetary easing and robust inflows into large-cap tech stocks amid easing U.S.-China trade tensions.

"The April data underscores the complex landscape our hospitality clients are navigating. While we've seen some seasonal variations, the underlying inflationary drivers remain firmly in place."

Consumer prices have risen significantly, prompting many Americans to adopt low-buy or no-buy lifestyles to manage finances amid inflation.

The U.S. beverage market volume declined 0.1% in 2024, but revenues grew 2.2%, mainly due to inflation, reflecting a complex market scenario.

The yearly payment offers help to families towards the cost of school clothing and footwear, which is deemed particularly vital during inflation.

Chancellor Rachel Reeves emphasized the government's commitment to combating economic impacts from the Iran-Israel conflict, acknowledging rising energy costs as a major concern.