Inflation makes everyone spend more, but it may be the engine to save our money — and our planet

Inflation worries many Americans — a jump in the price of groceries and gas means paying more for fewer items, and potentially restricting any savings in the future. But it could also be an opportunity to rethink daily spending, and perhaps even help the environment. There is a link between consumer spending and climate change. … Read more

New Zealand distributes additional funds to combat the “inflation storm” | Health, medicine and fitness

By Nick Perry – The Associated Press Wellington, New Zealand (AFP) – The New Zealand government said Thursday it will distribute a few hundred extra dollars to more than two million low-income adults to help them navigate what it describes as the “peak of a global inflation storm”. The payments are part of a package … Read more

Explainer: Why is Wall Street so close to a bear market?

New York (AFP) – Bears are heading towards Wall Street. This year’s stock market slump has pushed the S&P 500 index close to what’s known as a bear market. High interest rates, high inflation, the war in Ukraine and a slowing Chinese economy have caused investors to reconsider the prices they are willing to pay … Read more

Biden’s burdens are increasing: the global economic slowdown increases the problems of the United States | Health, medicine and fitness

By Josh Bock – The Associated Press Washington (AFP) – As President Joe Biden sets off for Asia Thursday, he faces a new danger at home for the economy and his Democratic Party: The global slowdown caused by the Russian invasion Ukraine and Chinese lockdown pandemic Cities and factories. The global economy cannot throw the … Read more