@latimes – Gov.Jerry Brown Reaches Deal on State Budget – @AceFinanceNews

#AceFinanceNews – CALIFORNIA:June.16: California Gov. Jerry Brown and top Democratic lawmakers have reached a deal on the state budget, two sources in the Capitol said today.

The agreement would modify the $117.5-billion spending plan approved by the Legislature on Monday.

The final deal must still be approved by the Legislature and signed by the governor before it can take effect on July 1, the start of the new fiscal year.

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@BBCBreaking UK inflation rate rises to 0.1% @AceFinanceNews

#BREAKING144 The UK’s inflation rate, as measured by Consumer Prices Index (CPI), rose to 0.1% in May, up from -0.1% in April, official figures have shown.

The biggest contribution to the rise came from transport, notably air fares, the Office for National Statistics said.

Rises in food and petrol prices also helped inflation to turn positive, it said.

In April, CPI inflation turned negative for the first time since 1960.

UK inflation rate rises to 0.1%_80201000_breaking_image_large-3.pngThe UK’s inflation rate, as measured by Consumer Prices Index, rose to 0.1% in May, up from -0.1% in April, figures show.

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