Tag: Inflation
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Treasury Defends Steady Shilling as Indicator of Economic Strength
Introduction: Treasury Stands Behind the Shilling The Kenyan National Treasury has publicly defended the local currency, insisting that the shilling remains steady and that recent volatility concerns do not reflect a weakening economy. In response to media reports about potential strains flagged by the International Monetary Fund (IMF), Treasury officials emphasized that the current exchange…
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Why Is Car Insurance So Pricey? NPR Analysis on Costs
Why Car Insurance Costs Have Gone Up (And Why It Matters Car insurance has become a frequent concern for many households as premiums rise faster than wages for some and linger stubbornly for others. NPR’s ongoing Cost of Living series shines a light on the factors driving higher prices and what families can do to…
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Why Car Insurance Prices Are Rising: A Look at the Cost Drivers
Introduction: Why car insurance costs have become a common concern The NPR series Cost of Living is highlighting how everyday expenses are shifting under persistent inflation. Car insurance is one of the fastest-moving costs for many households. When premiums climb, it isn’t just a number on a bill — it changes budgeting, commuting choices, and…
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Wall Street Extends Rally as Markets Brace for Key Data and AI Sector Bets
Wall Street Builds on Record Lifts Ahead of a Packed Market Week Stocks are marching toward fresh records as investors brace for a week packed with potentially market-moving events. The S&P 500 is up around 1% in midday trading, the Dow Jones Industrial Average has gained about 0.5%, and the Nasdaq Composite has risen more…
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Wall Street Rallies Toward New Records as Gold Slumps Again
Wall Street Advances Toward Fresh Records Amid Broad Rally U.S. stock markets extended their ascent on Monday, pushing major indices toward new record highs as investors weighed a slate of potential market-moving events. The S&P 500 rose about 1%, the Dow Jones Industrial Average gained roughly 0.5%, and the Nasdaq climbed around 1.7% as trading…
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Pocket Relief: Why Australian Insurance Premiums Could Fall and Help Households
Australian insurers face a turning point as markets reassess growth Australian insurance companies had a rough ride on the share market on Friday as investors re priced the sector in the wake of a Wall Street downgrade wave. The sell-off followed a global pattern: analysts trimmed expectations for growth, particularly in net written premiums (NWP).…
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Pocket relief for Australians as insurance premium cycle slows amid global sell-off
Australian insurers face a shifting premium landscape Australian investors woke on Friday to a sharp sell-off in the country’s biggest insurance companies, driven by a global reassessment of revenue growth. Analysts say the recent downturn mirrors a broader shift in the insurance sector as inflation cools and growth in net written premiums (NWP) slows. While…
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Tax Fairness: Reeves Says Those With Broad Shoulders Pay More
Reeves signals a broader tax take from the wealthiest British chancellor Rachel Reeves used a high-profile appearance in Washington to outline a core principle guiding an autumn budget shaped by rising inflation and uncertain forecasts: those with the broadest shoulders should pay their fair share. As she prepares to present a package of tax rises…
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UK GDP August 2025: Modest Growth Keeps Economy on a Tight Path
UK GDP August 2025: A Slow but Positive Nudge The UK economy expanded by a modest 0.1% in August 2025, according to the latest release from the Office for National Statistics (ONS). This aligns with economists’ expectations for a subdued month of growth after a stronger first half of the year. The data underline a…
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UK GDP August 2025: Slow Growth Takes Hold as Services Stagnate
UK GDP August 2025: A Modest Increase in a Slower Quarter Britain’s economy expanded by a modest 0.1% in August 2025, according to the Office for National Statistics (ONS). The data underline a consolidating pattern in which production rose while services stalled and construction contracted, painting a picture of a diverging economy that is struggling…