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THE TRUTH ABOUT: 7 | History Defined

Seasonal Eating Gains Attention as Health Benefits and Lower Food Costs Drive Consumer Shift

Average grocery bills for family households are approaching $1,000 a month, and consumers are shifting to seasonal eating both to combat the impact of high inflation and improve physical health.

inkl

Almost 3 million workers will get a 4.75% pay rise in July. But wages can’t catch up with inflation

Around 2.8 million of Australia’s lowest-paid workers will get a 4.75% pay rise from July 1 this year, after the latest Fair Work Commission annual decision on award wages.

The Conversation

Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab Das

Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving issues with Iran, and markets may not have fully priced in potential disruptions, particularly around the Strait of Hormuz.

The Economic Times

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US Stock Market: Treasury yields rise after strong US data, geopolitical risks fuel inflation fears

US Treasury yields closed higher on Monday as stronger-than-expected manufacturing and construction data reinforced economic resilience, while uncertainty over US-Iran diplomacy and rising oil prices fueled inflation concerns. Investors reassessed Federal Reserve rate expectations amid geopolitical risks, pushing benchmark yields higher and lifting market-based inflation forecasts.

The Economic Times

FED:Minimum wage tops $1000 a week, stoking inflation fears

Millions of workers on industry awards will get an annual pay rise and minimum wage earners even more, but economists warn the raises could fuel inflation.

AAP

Property investors are angry, but are the new tax rules all bad news?

'We've seen some buyers wanting to purchase quickly, and others have paused, waiting for certainty.'

The Canberra Times

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

Forecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such as the ongoing conflict in West Asia and a less favorable monsoon outlook are pivotal. Economic growth might taper to 6.3%, with both fiscal and current account…

The Economic Times

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Gold steady amid uncertainty over US-Iran peace negotiations

Gold prices held steady as investors weighed a partial ceasefire between Hezbollah and Israel against ongoing U.S.-Iran negotiations. Concerns over inflation and potential interest rate hikes also influenced the market. Investors await U.S. employment data and Federal Reserve remarks for further policy direction.

The Economic Times

About 3 million workers on minimum wage to receive 4.75% pay rise in Fair Work Commission ruling

Unions had demanded 6% pay increase for lowest paid after war in Middle East pushed inflation higher

The Guardian - AU

Interest rates static as inflation deemed brief

While elevated oil prices have caused inflation to rise, economists expect the Bank of Thailand to maintain its policy interest rate for the rest of 2026, assuming the higher costs will be temporary.

Bangkok Post

Why is gold price down today, and will precious metals continue to drop or rise again? Gold falls as inflation concerns grow amid Middle East conflict

Why is gold price down today, and will precious metals continue to drop or rise again? Gold prices declined after rising inflation concerns linked to the Middle East conflict increased expectations that interest rates could remain higher for longer. A stronger U.S. dollar also weighed on bullion prices. Investors are…

The Economic Times

Why are oil prices up today and will Brent and US WTI crude futures continue to drop or rise again? Oil prices surge as Iran talks stall and supply concerns return

Why are oil prices up today and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved higher after Iran suspended negotiations with the United States and concerns returned over crude supplies through the Strait of Hormuz. Brent crude and US WTI futures gained…

The Economic Times

Why New Retirees Need to Be Prepared For a Lost Decade

Many people spend decades saving for retirement with the expectation that their investments will continue growing once they stop working. Unfortunately, history shows that markets...

Saving Advice

The 2027 Social Security COLA Is Surging—But Seniors May Not Be Better Off

The 2027 Social Security COLA grabs attention because it signals a bigger boost in monthly benefits for millions of retirees. On paper, a higher COLA sounds like good news because it reflects rising wages and prices across the economy. Many seniors expect that increase to ease financial pressure, especially with…

The Free Financial Advisor

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AAP

Minimum wage tops $1000 a week, stoking inflation fears

Millions of workers on industry awards will get an annual pay rise and minimum wage earners even more, but economists warn the raises could fuel inflation.

International Business Times UK

Are You Ready for Britain's Next Big Crisis? Experts Warn a Food Emergency May Be Closer Than You Think

Experts warn Britain could face a food crisis driven by climate change, inflation and fragile supply chains, urging reforms to prevent shortages.

Everybody Loves Your Money

5 Everyday Expenses Americans Say Feel Noticeably Higher Than They Did a Year Ago

A trip to the grocery store, a glance at an insurance bill, or a quick stop at a gas station can spark the same reaction these days: “Didn’t this cost less last year?” While inflation has cooled from its peak, many Americans still feel pressure every time they spend money…

International Business Times UK

Inflation Spreads Beyond the Pump: Core PCE Hits Fastest Pace Since 2021 as US Economy Slows

Inflation is impacting more than just gasoline prices, affecting housing, utilities, and more, with the Federal Reserve noting challenges on how energy costs ripple through the economy.

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Golf Monthly

I’ve Been A Golf Club Member For Nearly 40 Years – These Are The 5 Biggest Changes I’ve Seen

Fergus Bisset reflects on four decades as a Banchory Golf Club member and considers how things have changed in that time

International Business Times UK

Robert Kiyosaki Has A Surprise Warning For Bitcoin And Gold Investors: 'There Is Nothing Safe From Stupidity'

'Rich Dad Poor Dad' author Robert Kiyosaki warns against market hype in gold, silver, and Bitcoin investments, while advocating for strategic financial planning amidst economic uncertainty.

International Business Times UK

Having $1 Million Is 'As Close To Broke As You Can Get': Grant Cardone Gives Retirees A Harsh Reality Check

Grant Cardone argues that $1 million isn't financial freedom due to inflation and living costs. He stresses the importance of continuous income for long-term financial security.

Barchart

Stocks Set to Open Higher as AI Optimism Overshadows Fresh U.S.-Iran Hostilities, Jobs Data Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.23% this morning as optimism surrounding artificial intelligence helped offset concerns about renewed U.S.-Iran tensions.

The Economic Times

Will DA hike for central government employees be 3% in June 2026? Here's what latest consumer inflation data suggests

The April 2026 AICPI-IW data has raised expectations of a possible 3% dearness allowance (DA) hike for central government employees, though the final rate will depend on May and June inflation data. The 12-month average AICPI-IW from May 2025 to April 2026 stands at 147.51, translating to an estimated DA…

Salon

Inflation is spreading through economy

Fresh inflation data now suggests the challenge may be deeper and longer lasting than many expected

Evening Standard

UK manufacturing growth strikes four-year high despite rising inflation

It was higher than expected by analysts and the initial flash estimate of 53.7 reported late last month.

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