cost of living

California is home to eight of the 16 largest U.S. cities where families can earn $100,000 and still be broke, according to a new study by Lending Tree. San Jose, in the heart of Silicon Valley, ranked first as the most expensive city in the nation, according to the report, issued April 24. A family […]

According to a World Economic Forum (WEF) survey, the cost-of-living crisis is one of the top risks for the world population in the next two years. Now, the French government is working on a bill to limit the price hikes for basic goods. But some experts are concerned about how long this crisis might last.

Stephen Moore, the co-founder of Committee to Unleash Prosperity, says the United States is in a “cost of living recession.” He says while there’s a considerable shortage of workers—which is not consistent with a recession—Americans are losing income because wages have not kept pace with high inflation.

Diana’s death in 1997 shocked the world. Tributes were laid at her former home of Kensington Palace to mark the 25th anniversary of her death and to remember her life and legacy. We look at the reign of former Soviet leader Mikhail Gorbachev who passed away last night after a long illness. Alan Miller from the Together Association […]

The government says rail fare rises will be delayed until March and kept below inflation to help people with rising costs. But commuter numbers still aren’t back to pre-pandemic levels. The Met Office has issued a yellow warning for most of the UK as heavy rain and thunderstorms threaten flash flooding, transport disruption, and power cuts. […]

The Treasury said it is looking at all options so that the next prime minister can hit the ground running to help hard-pressed families. Boris Johnson pitched in too, suggesting that more support will be offered after he leaves office. It comes with the latest warnings that average energy bills could hit 5,300 pounds ($6,400) by spring.

LONDON—The United Kingdom’s economy shrank in the three months to June, figures released Friday showed—a smaller-than-expected contraction that nevertheless added to jitters about the rocky months ahead. The Office for National Statistics said Britain’s gross domestic product fell by 0.1 percent between April and June, down from 0.8 percent growth in the previous quarter. GDP shrank […]

Social Security recipients could see a 10.5 percent increase in their payments next year, driven by the steep rise in inflation, according to a new estimate. That would add about $175 to the average monthly retiree benefit, which is currently $1,668, according to The Senior Citizens League, an advocacy group that released the projection Wednesday. […]

Low-income households on benefits will be paid straight into their bank from Thursday, as part of the government’s response to the cost of living crisis. The supreme beef champion is announced at the Great Yorkshire Show. Plus, we’ll find out more about the oldest registered cattle breed, the shorthorn. We speak to a campaigner who […]

Chancellor Rishi Sunak hints there may be more support to tackle the cost of living crisis. But the prime minister suggests Thursday’s 21 billion pound ($26.5 billion) announcement should be enough. As parts of Beijing go into strict lockdown measures, we spoke to the co-founder of a group of analysts that continues to challenge the efficacy of lockdowns. […]

Inflation hit 9 percent as energy costs soar—the fastest increase in the cost of living for 40 years. A new study says pollution is responsible for 9 million deaths worldwide, every year. With 40 state schools set to teach Latin in September, we’ll be hearing more about the benefits of learning a language that’s said to be dead.

The prime minister faces MPs for the first time after being fined for breaking his own lockdown rules. He faces a vote on Thursday that could trigger an investigation into whether he misled Parliament. The leaders of the UK’s big energy suppliers paint a bleak picture of the cost of living crisis that grapples the nation, warning of fuel […]

After paying their lockdown party fines, the prime minister and chancellor reject calls to resign. But a Conservative peer has quit as justice minister over what he calls “repeated rule-breaking … in Downing Street.” We hear from an economist who says the UK is heading for the worst cost-of-living crisis in 70 years. As the government orders a review into […]

The squeeze on households tightened in March, as rapidly rising food and fuel prices sent inflation to another 30-year high, even before energy bills spiked. The Office for National Statistics said inflation rose 7 percent in the year to March, up from 6 percent in February. Economist and author Linda Yueh says the UK is heading for […]

Official figures released today show that prices are rising faster than wages, meaning people can buy less for their money. The Office for National Statistics says real pay is down nearly two percent, whilst the cost of living is rising at its fastest rate for 30 years.

Over the past several years, California’s population growth has been slowing down. And for the first time in the history of our state, California lost a congressional seat. My guest is Wendell Cox, an urban policy analyst. He explains why Californians are leaving the state.   Follow Epoch TV on social media: Facebook: https://www.facebook.com/EpochTVus Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV […]

An economic research institute told Chancellor Rishi Sunak he has to make a “huge judgement call” on the cost of living crisis. The government could either borrow billions of pounds to subsidise energy costs, or save public finances but leave UK residents facing higher prices.