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Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource: thedailyguardian thedailyguardianJan 27th, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Daily Guardian: Asian Stocks Rise Before Key US Inflation Data

Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

Market dips as traders tracked Wall St losses

Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

North Korea’s rejection of the South is both a shock, and inevitable

North Korea’s rejection of the South is both a shock, and inevitable.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Alfred na-shock sa biglang pagkamatay ni Jaclyn: Tumindig ang balahibo ko!

NA-SHOCK din ang actor-public servant na si Alfred Vargas nang mabalitaang pumanaw na ang premyadong aktres na si Jaclyn Jose. Hindi niya akalain na ang shooting nila para sa pelikula nilang “Pieta” kasama ang Superstar na si Nora Aunor at ang actress-director na si Gina Alajar, ang huling pagkakataon na makakasama at makikita niya ang.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

The Public Health Rationale behind the CDCs New Covid Guidance – The Daily Guardian

The Daily Guardian- Public Health Guidance Should Consider Balancing Burdens and Benefits As public health officials continue to provide guidance to the public during the.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 7th, 2024

Inflation: A Beginner’s Guide

Inflation is a concept that greatly affects everyone’s daily lives, yet many still find it somewhat confusing to understand. Simply put, you can think of inflation as this: As prices rise over time, the purchasing power of money decreases. This will greatly impact your savings plans, investments, and your overall financial stability. However, there is […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

U.S. Measles Cases Surpass 2023 Levels, C.D.C. Says – The Daily Guardian

The Daily Guardian – Measles Cases on the Rise in the United States Measles cases in the United States have been steadily increasing this year,.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 23rd, 2024

The Daily Guardian: Apple unveils the Vision Pro, Taylor Swift fans react, and Palworld faces controversy

Title: Tech Layoffs Surge, Apple Preps for Revolutionary Update, and Swifties Combat Deepfakes: The Daily Guardian Tech News Recap In the ever-evolving tech world, layoffs.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Review: The continuing influence of Persona 5 on Persona 3 Reload – The Daily Guardian

Title: Persona 3 Reload: A Captivating Remake Overshadowed by Persona 5 Subtitle: The Daily Guardian’s Review of the Revisited Dark World of Persona 3 Reload.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 30th, 2024

Israel Presents Defense in ICJ Genocide Case – The Daily Guardian

Title: Israel Defends Actions in Gaza at ICJ as South Africa Accuses of Genocide Date: [Insert Date] The Daily Guardian – Israel appeared before the.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 13th, 2024

Live Updates: The Daily Guardian – Stock Market Today

Title: Stock Futures Dip, Yet Disney and Arm Shine in After-Hours Trading: Tech Sector Leads S&P 500 Surge The Daily Guardian In a mixed trading.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 8th, 2024

The Daily Guardian: S& P 500 slips to start the week as Wall Street takes a breather from record highs

The stock market saw a slight dip on Monday as major indexes retreated from record highs reached last week. The S&P 500 closed at 5,069.53,.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 27th, 2024

Sinulog performer injured after LED wall collapses in CCSC

CEBU CITY, Philippines — A Sinulog performer was rushed to a hospital after a light-emitting diode (LED) wall collapsed while they were rehearsing for the Sinulog sa Kabataan sa Dakbayan at the Cebu City Sports Center (CCSC) on Thursday, January 11. The contingent from Brgy. Banilad, Cebu City was doing the group’s blocking on stage.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

NEWS BRIEFS | 26 March 2024

P101-M sea wall to rise in Surigao Sur town A P101.3 million sea wall will be constructed in Marihatag, Surigao del Sur to protect lives and properties from storm surges there. Rep. Romeo Momo (1st District, Surigao del Sur) led the ground breaking of the Marihatag Seawall Project last Sunday, March 24. “The project is a […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

Catch wall built in Brgy. Nabang to protect motorists

Samar First District Engineering Office has completed the construction of a concrete catch wall in Brgy. Nabang, Calbayog City, Samar with a total revised contract amount of P38.40 million funded under the General Appropriations Act (GAA) 2023......»»

Category: sportsSource:  abscbnRelated NewsMar 15th, 2024

Philippine stocks advance following Wall Street rally

Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

BM Mylyn pushes for Moka Wall of Honor

BM Mylyn pushes for Moka Wall of Honor.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024