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U.S. economy roars, while inflation soars

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The U.S. economy is beginning to rebound, but inflation is still crippling the American people

The U.S. economy is roaring back to life, after six months of steady declines.

While GDP is also rising, inflation continues to plague American households.

Increased exports are driving the rise. But weak global demand is limiting growth in some areas.

It comes as President Joe Biden says he will crack down on so-called ‘junk fees’ as a way of bringing down soaring inflation.

As part of this, the Financial Protection Bureau is seeking to eliminate billions in banking fees.

FILE PHOTO: U.S. economy President-elect Joe Biden’s mind as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, U.S., January 8, 2021. REUTERS/Kevin Lamarque/File Photo

They’re also removing hidden charges and extra fees on a range of services like airline and hotel bookings.

Despite this, the White House says there is still plenty of work to do on the U.S. economy.

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Nintendo’s live presentation sets the stage to end the financial year with a bang

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PlayStation 5 has received a fresh Discord update, enhancing your social gaming experience. Connect with friends, join voice chats, and stay in the loop directly from your console.

Prepare for a thrilling showcase packed with game reveals, exclusive trailers, and updates on your favourite Nintendo franchises.

Whether you’re a fan of Mario, Zelda, or new indie titles, this Direct promises to deliver something for everyone. Mark your calendars and get ready for a gaming extravaganza!

Emily Leaney joins to discuss the latest.

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U.S. advocates for tobacco-style warning labels on social media platforms

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In an attempt to safeguard adolescent mental health, the U.S. Surgeon General has advocated for the implementation of warning labels on social media platforms.

On this episode of Ticker Hot Shots – U.S. Surgeon General Vivek Murthy looks to implement warnings on social media platforms, Adobe get sued over hidden payments, a micro-EV slots into the urban market and the Pope attends G7 to warn over the use of AI.

Ticker’s Mike Loder and Veronica Dudo discuss. #featured #trending

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China & Australia are working to strengthen ties amid panda and wine diplomacy

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Australian Prime Minister Anthony Albanese and Chinese Premier Li Li Qiang engaged in discussions concerning trade relations and human rights during a recent diplomatic meeting.

The talks aimed to address key issues affecting the economic and political relationship between the two nations.

Albanese emphasised the importance of maintaining a constructive dialogue despite recent tensions, highlighting Australia’s commitment to fostering mutually beneficial trade partnerships with China.

Professor Tim Harcourt from UTS joins to discuss. #featured #trending #global view

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