Like many countries, Australia is battling record-high cost-of-living. Annual inflation in August surged to 6.8% from just under 2% before the pandemic.
Wednesday October 05 2022 |
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Lettuce at $8? Inflation in Australia is hurting everyone from restaurant owners to diners |
Like many countries, Australia is battling record-high cost-of-living. Annual inflation in August surged to 6.8% from just under 2% before the pandemic. More » |
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| Asia-Pacific markets trade mixed after U.S. stocks slip |
Shares in the Asia-Pacific were mixed on Thursday after Wall Street's two-day rally fizzled. |
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| Oil prices have fallen to roughly $80 a barrel from more than $120 in early June amid growing fears about the prospect of a global economic recession. |
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| So far this year, North Korea has fired 39 ballistic missile tests. |
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| Fund manager expects these two Chinese companies expanding into Europe and North America to outperform their global peers over the next five to 20 years. |
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TODAY'S GUEST HIGHLIGHTS ON CNBC |
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| | Fmr. Congressional Staffer Author of 'Atomic Friends: How America Deals With Nuclear-Armed Allies' Nuclear; North Korea; Geopol |
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| | CEO and Head Trader, Skylar Capital Management Energy stocks, OPEC |
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| | Vice Chairman, S&P Global ENERGY |
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