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BIZARRE: 9 - What They Never Told You

Thailand sees 2% growth and 3% inflation in 2026: central bank chief

The Thai economy is expected to grow 2% this year, Bank of Thailand (BoT) governor Vitai Ratanakorn told a news briefing on Tuesday.

Bangkok Post

India to unveil broader gauge for inflation in data revamp

India is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and services. It aims to provide a more comprehensive view of inflation. The index will help policymakers better understand and manage price pressures. This move aligns India with…

The Economic Times

PlayStation 6 Faces Shocking $899 Price Tag Due to Inflation, AI Chip Shortage

Sony's PlayStation 6 may launch in 2027 with a price of $899, driven by AI chip shortages and rising component costs, challenging traditional console pricing strategies.

International Business Times UK

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Global Markets: European stocks rise as STMicroelectronics' forecasts lift tech stocks

European shares climbed Tuesday, led by technology stocks boosted by strong forecasts from STMicroelectronics amid AI demand. Investors await key inflation data for insights into the Mideast conflict's economic impact. A partial ceasefire in Lebanon and easing crude prices also supported market sentiment.

The Economic Times

Global Markets: South Korean shares post record-high close as Nvidia hopes lift tech stocks

South Korean stocks hit a record high Tuesday, driven by tech giants like Samsung Electronics and Naver, fueled by hopes of AI collaboration with Nvidia. Despite a volatile trading session, the KOSPI closed higher. Meanwhile, consumer inflation surged to a two-year peak, potentially prompting monetary tightening. Foreign investors continued their…

The Economic Times

It's not a recession. But Goldman says your paycheck is acting like it

Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.

Fortune

A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine print

India’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route for imports. The crisis comes just as India faces a below-normal monsoon forecast, with the IMD projecting rainfall at 90% of the long-term average and a 92% probability…

The Economic Times

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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

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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The Economic Times

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 Guardian - AU

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

Bangkok Post

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.

The Economic Times

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…

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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…

Saving Advice

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...

The Free Financial Advisor

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…

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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