The Latest Breaking News from Inflation

Retail sales across the UK plunged by 2.3 per cent in April, following a 0.2 per fall in March, figures revealed

Challenges faced by California fast-food industry due to inflation and minimum wage laws. Franchise owners seek solutions amidst rising costs.

June S&P 500 E-Mini futures (ESM24) are up +0.28%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.30% this morning, rebounding from yesterday’s slump prompted by strong U.S. economic data, which heightened speculation that the Federal Reserve might keep rates on hold for most of this year.

EU fined Mondelez €337.5 million for limiting chocolate sales across borders, potentially raising prices for consumers struggling with inflation.

The pace of Japanese inflation slowed in April to 2.2 percent as gas bills fell, government data showed Friday, with the figure remaining above the Bank of Japan's two percent target.

Public ignorance has a big impact on voter atttudes on a major issue in the 2024 election.

“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation versus actually contributes to it,” Rick Rieder told Fortune.

Weekly mortgage rates just fell below 7%, a “milestone” in the housing world, according to Redfin’s Glenn Kelman.

Experts and campaigners sound the alarm over runaway rental inflation

Persistent inflation and high interest rates are significantly affecting consumer spending. Despite this, the retail industry is set for long-term profitability, driven by shifting consumer tastes, technological innovations, and e-commerce growth. Amid this, retail stocks Grocery Outlet (GO), Dollar Tree (DLTR), and Dollar General (DG) are best avoided now. Read…

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