People in the EU unable to afford a proper meal on the rise – Eurostat
In 2022, 8.3% of people in the EU were unable to afford a meal containing meat, fish or a vegetarian equivalent every second day, according to new Eurostat data. The … Read More
Tag: Inflation
US Postal Service to increase stamp price on Sunday
Anyone who needs stamps might want to head out and grab them before the United States Postal Service’s latest price hikes go into effect this weekend. The cost of a … Read More
Corporate windfall profits surge to $1 trillion amid cost-of-living crisis, NGOs’ study finds
New data on the profits of the world’s largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy. A study published on Thursday by Oxfam … Read More
Biden makes ‘Bidenomics’ re-election pitch despite falling real income, poll pessimism
WASHINGTON — President Biden hailed his economic plan as a smashing success Wednesday as he laid out his case for a second term — despite American incomes falling due to … Read More
Video: Powell Expects High Inflation to Remain ‘Persistent’
new video loaded: Powell Expects High Inflation to Remain ‘Persistent’ transcript Back transcript Powell Expects High Inflation to Remain ‘Persistent’ Jerome H. Powell, the Fed chair, told House lawmakers that … Read More
Georgieva: IMF supports imposition of restrictive economic measures in the EU
In an interview with Euronews, the IMF’s Managing Director says that more stringent measures could become the norm given the current economic situation in Europe. The head of the International … Read More
Beyoncé is to blame for inflation in Sweden: ‘Not normal’
Beyoncé is causing higher “bills, bills, bills” in Sweden. The 41-year-old music icon’s Renaissance World Tour kicked off in Stockholm, Sweden, on May 10 — and it’s somewhat to blame for the … Read More
Micro weddings grew during COVID. With inflation, are they here to stay?
Homemade pizzas, 15 guests and a small intimate ceremony in their backyard in -35 C weather. That’s how Kay and Curtis Ballance celebrated their “perfect” wedding day. The couple got … Read More
Miami parking garage shocks with $100 charge for vehicles
It takes a lot to shock the Florida filmmaker behind “Cocaine Cowboys.” But the eye-watering cost to park in a Miami garage was enough to send Billy Corben scrambling for … Read More
Falling energy prices boost EU’s growth outlook, Commission says
GDP in the EU is now forecast to reach 1.0% in 2023 and 1.7% in 2024, up from a previous forecast of 0.8% and 1.6%. The European economy continues to … Read More
