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SHOCKING: 72 - What They Never Told You

Trump’s approval rating on economy drops amid inflation and Iran conflict

Even within his own party, confidence in his leadership appears to be waning

The Independent UK

Stocks Fall as Iran Refuses to Attend Peace Talks

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.63%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.42%. June E-mini S&P futures (ESM26 ) fell -0.62%, and June E-mini Nasdaq futures...

Barchart

Tinkering with the capital gains tax discount isn’t enough. Here’s why it needs to go

It looks increasingly likely Treasurer Jim Chalmers will make changes to the capital gains tax (CGT) discount in the federal budget in May.

The Conversation

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'I thought the oil would be much higher': Trump's rosy Iran war spin risks sending traders the wrong message

Goldman says the stock market rally is real, but built on hope. Citadel says Trump’s own words drive volatility. Trump thinks oil could be $200 a barrel.

Fortune

Dollar Climbs on Strong US Economic Reports

The dollar index (DXY00 ) today is up by +0.09%. The dollar is climbing today on a stronger-than-expected US Mar retail sales and Mar pending home sales reports. The dollar also has support on signs that Fed Chair nominee Kevin Warsh will support an independent Fed and prioritize low inflation....

Barchart

Trump claims credit for inflation coming down during Biden presidency

Donald Trump has taken credit for inflation coming down while Joe Biden was still in office as president.

The Independent UK

UK inflation set to rise after Middle East conflict pushed up fuel prices

Consumer Price Index (CPI) inflation is expected to have risen to 3.3% in March, according to a consensus of experts.

Evening Standard

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Inside Kevin Warsh's opening statement: Inflation is a choice, independence is essential, and a couple of notable name drops

“I do not believe the operational independence of monetary policy is particularly threatened when elected officials state their views on interest rates.”

Fortune

Russia faked economic data to appear more resilient to its war and sanctions, intel report says

Swedish intelligence said Russia has been covering up a weak, debt-driven economy hit by war costs and sanctions, warning of rising inflation and banking risks.

Euronews

The $100 oil shock is hitting the middle class like a margin call

As gas tops $4 a gallon, Wall Street debates inflation. But middle-class families and female breadwinners are absorbing the shock with little margin left.

Fortune

Politics with Michelle Grattan: former minister Ed Husic on why Labor must ‘stare down’ gas companies over tax

Next month’s federal budget is an even tighter balancing act than usual, with Treasurer Jim Chalmers facing global economic uncertainty, a fuel crisis and the need to juggle cost-of-living relief with combating inflation.

The Conversation

Economist highlights controversial way Bank of England can ease inflation

IN FULL

The Independent UK

Bank of England should increase interest rates to head off inflation, warns top economist

Expert warns that rising energy costs could take inflation to 4.5 per cent this year

The Independent UK

UK jobs market was in a fragile state – even before Iran war threatened recovery

Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers

The Guardian - UK

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The Guardian - UK

Wage growth hits lowest level since November 2020; Rachel Reeves will not take ‘knee jerk’ action on Iran war – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

CNN polling guru quotes Happy Gilmore to show how badly Trump is faring with the public on affordability

Americans now believe ‘the price is wrong’ when it comes to Donald Trump and his policies, says CNN data analyst Harry Enten

The Guardian - US

My family tried to eat fewer ultra-processed foods for five years. Here’s what we learned

Cutting UPFs from our grocery list was expensive, laborious and time-consuming

The Independent UK

Florida’s middle class is fleeing the state as its become too expensive to raise a family

Housing prices and inflation are on the rise in Florida

Get all your
news in one place.

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The Independent UK

Nearly half of consumers are living paycheck to paycheck and fear they couldn’t handle $1K surprise expense, survey finds

The majority of consumers are not confident they can cover a $1K emergency expense

MarketBeat

3 Agriculture Stocks to Buy as Food Inflation Stays Elevated in 2026

Food inflation is expected to stay elevated in 2026, creating opportunities in agriculture stocks benefiting from higher commodity prices and demand

Evening Standard

‘Record’ choice of cash Isa products as rates expected to be ‘higher for longer’

Spikes to household bills and inflation could eat into savers’ returns, Moneyfacts warned.

Barchart

Stocks Set to Open Lower as Oil Jumps After U.S.-Iran Tensions Flare Up; Economic Data and Earnings Awaited

June S&P 500 E-Mini futures (ESM26) are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.43% this morning, pointing to a lower open on Wall Street as oil prices surged following a weekend flare-up in U.S.-Iran tensions.

The Guardian - AU

Afternoon Update: Chalmers’ ‘severe’ economic warning; blood donation rules change; and the female gaze revolution

End of war ‘can’t come soon enough’, treasurer says, as inflation expected to rise above 5% in Australia with global supply chains buffeted

The Guardian - AU

Chalmers says Iran war will raise inflation and unemployment, warning fallout of conflict could be ‘severe’

End of war ‘can’t come soon enough’, treasurer says, as inflation expected to rise above 5% in Australia with global supply chains buffeted

Evening Standard

UK to narrowly avoid recession and jobless rate to surge, Item Club warns

The independent forecasting group said interest rates will remain on hold in 2026 despite soaring inflation caused by the Iran war.

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