UK inflation rises to 0.1% – live updates

The cost of living is on the rise again, despite another drop in British food prices and transport costsUK inflation turns positive - coverage start herePound jumps as core inflation spikesJeremy Cook: Rates may rise in February 2016Elsewhere:Eurozone parliaments vote on Greece Schäuble urges German MPs not to rebelChinese stock market tanks 6% 11.28am BST Inflation could easily turn negative again this month, predicts Martin Beck, senior economic advisor to the EY ITEM Club:“July’s uptick in Read more [...]

Review: Housing Drama Show Me a Hero Hits Us Where We Live

I’m going to tell you about David Simon’s absorbing new HBO miniseries, Show Me a Hero (premieres Aug. 16), but first I need you to work with me. Suspend, if you can, the belief that a period TV drama about a battle over housing policy is going to be boring. As countless HGTV shows know, there are few things in the average life more fraught with stress, emotion and psychic investment than obtaining and keeping shelter. A home is not just four walls. It’s physical and financial security, Read more [...]

Greek minister hints at confidence vote after bailout agreement – business live

Financial investors are watching the political fallout in Athens after its third aid programme was agreedEnergy minister: Confidence vote unavoidableIntroduction: Merkel tries to calm dissent 11.21am BST German finance ministry insists again that the involvement of the IMF in the third Greek bailout remains 'indispensable'#Greece 11.19am BST Finally, some economic data. And the latest survey of eurozone trade suggests that the weaker euro is helping exporters.The eurozone’s trade surplus hit a Read more [...]

George Osborne sounds alarm over Greek crisis – live updates

UK chancellor has warned that one misstep in the Greek debt negotiations could return Europe to the ‘perilous state’ of 2011 and 2012Osborne: Mood at IMF is ‘notably’ more gloomyEuropean stock markets fallingCity hit by Bloomberg outageUK jobless rate drops to 5.6% 2.16pm BST More gloom on Greece. Germany’s finance minister, Wolfgang Schäuble, has just warned that there is “no expectation” of a solution to the Greek situation soon. Schaeuble says all quiet on the Greek frontNice Read more [...]

ECB meets as Greek crisis looms over eurozone – live updates

All the latest economic and financial news, including the European Central Bank’s monetary policy meeting and press conference this afternoonThe Agenda: Draghi’s press conferenceGreek bond yields on the rise Continue reading... Business | The Guardian Read more [...]

Why Our Kids Don’t Have The Money Smarts To Live In The Real World

Financial illiteracy is an epidemic in the United States. Fortunately, after 30+ years of work to create content for children, parents and grandparents that teaches how to raise financially responsible children, we're finally getting there. As a pioneer of the "kids and money" topic in the 1980s, I saw the issue from 30,000 feet, when I searched for materials to teach my own children about money. It's time we all take an active part in teaching our children the money smarts they need for the real Read more [...]