daily information to stay fit and healthy
London is still out-pricing the rest of the country when it comes to property buying, the latest UK House Price Index has revealed. The capital’s average house prices remain the most expensive of any region in the UK, with an average price of £542,300 in November 2022. But the capital was also the English region … Read more
U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off the year’s biggest shopping event on a strong note. Initial numbers from Adobe Analytics, the data and insights arm of software company Adobe Inc, showed shoppers … Read more
The CEOs of Goldman Sachs and JPMorgan Chase have warned that the United States could be on the cusp of a recession, with inflation likely to get even worse. Speaking at a conference in Saudi Arabia on Tuesday, the financial titans painted a bleak picture of what lies ahead. David Solomon of Goldman Sachs said … Read more
Westpac has become the first big bank in Australia to explicitly forecast a larger 0.5 percentage point interest rate rise next week. Should that larger increase materialise on Melbourne Cup Day, a borrower with a typical $600,000 loan will see their monthly repayments climb by another $181. Inflation in the year to September surged by … Read more
Faced with double-digit inflation, a cost-of-living crisis and soaring mortgage bills, anyone moving home this autumn will want to count the pennies. So, is a low-cost online estate agent just the ticket or a false economy? And is the tried-and-tested traditional High Street agent the most sensible way to sell in a difficult market? Operators … Read more
Americans are increasingly relying on dollar stores to feed their families as inflation has driven grocery store prices up by as much as 12.2%. Grocery sales at discount stores spiked 71% between October 2021 and June 2022, the analytics firm InMarket found, while sales of the same items in grocery stores dropped 5%. The shift … Read more
Red alert on public finances: Interest bill for UK’s £2.4tn debt mountain more than DOUBLES in June to £19.4bn – the highest for a single month since records began in 1997 – as inflation soars Interest costs on UK’s £2.4trillion debt mountain hit £19.4billion in June It was the highest on record for a single … Read more
Andy Puzder is a former CEO of CKE Restaurants, chairman of 2ndVote Value Investments, Inc., and a senior fellow at the America First Policy Institute. Jim Talent is a former U.S. senator from Missouri and the Chairman of the Reagan Institute’s National Leadership Council The outlook for the U.S. economy is bad and potentially getting … Read more
Union boss SLAMS Reserve Bank over its ‘boomer fantasy’ that pay rises for average Aussies will push up grocery prices – as she demands huge hikes Reserve Bank governor Philip Lowe warned about 1970s style wage-price spiral He fears that if workers continue to get high wage rises, inflation will increase ACTU boss Sally McManus … Read more
Australians checking their financial statements at tax time could be in for a shock with the average superannuation savings taking an $8,000 hit. Customers’ super cash is invested by fund managers into portfolios containing a mix of shares, bonds, property and infrastructure assets – where the investments ideally grow to a healthy balance by retirement. … Read more