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The Latest Breaking News from Inflation

Nobel prize economists warn a Trump win will lead to even higher inflation

The former president’s potential economic policies could have the reverse effect many Americans hope for in a presidency

The Independent UK

'Painful squeeze': inflation spike renews heat on rates

Surprisingly strong inflation has resurrected the possibility of another interest rate hike in an unsettling development for squeezed borrowers.

AAP

Hooters closing dozens of underperforming restaurants as inflation wreaks havoc on industry

The company did not say how many locations are closing

The Independent UK

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Strength in Mega-Cap Tech Stocks Lifts the Broader Market

The S&P 500 Index ($SPX ) (SPY ) today is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.63%. Stock indexes today are mixed. A rally in mega-cap tech stocks is boosting the...

Barchart

Dollar Gains as Bond Yields Climb on Hawkish Fed Governor Bowman

The dollar index (DXY00 ) today is up by +0.24%. Hawkish comments today from Fed Governor Bowman boosted the dollar when she said she sees a number of upside risks to the inflation outlook, and "we are still not yet at the point where it is appropriate to lower the...

Barchart

Stocks See Support from a Rebound in Nvidia

The S&P 500 Index ($SPX ) (SPY ) today is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.53%. Stock indexes today are mixed. A rebound in Nvidia today from Monday’s sharp losses...

Barchart

The good news is the Australian economy is about to turn up. Here’s why

Right now things feel awful.

The Conversation

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Mongolians To Vote In Poll Dominated By Corruption Worries

Mongolians go to the polls Friday in parliamentary elections, with the ruling party expected to hold its majority despite voter fatigue over corruption and concern about inflation and the state of the economy.

International Business Times

Stocks Settle Mixed on Weakness in Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.15%. Stock indexes Monday settled mixed, with the Dow Jones Industrials climbing to a 1-month...

Barchart

Jitters from Reserve Bank dent consumer confidence

An unsettled economic narrative has consumers on edge and worried about another interest rate hike.

AAP

Stocks Set to Open Mixed as Investors Await Key U.S. Inflation Data and Fed Speak

September S&P 500 E-Mini futures (ESU24) are up +0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.11% this morning as market participants looked ahead to comments from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the…

Barchart

Stocks Set to Open Higher as Investors Await Key U.S. Inflation Data and Fed Speak

September S&P 500 E-Mini futures (ESU24) are up +0.15%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.03% this morning as market participants looked ahead to comments from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the…

Barchart

When Deciding Where to Put Idle Cash, Consider These Three Factors

While interest rates remain high, you can put idle cash to work, but be sure to look at the rate of return, security and liquidity of your options.

Kiplinger

Typical first-time buyer mortgage payment in London is now £2,393 a month

First-time buyers now face paying £227,757 for a home, rising to more than half a million pounds in London, Rightmove said

Evening Standard

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The Guardian - UK

Brussels accuses Apple of breaking EU rules; Badenoch and Reynolds clash over business – as it happened

Business secretary Kemi Badenoch and Labour opposite number, Jonathan Reynolds, debate key issues

The Independent UK

Stock market today: Asian shares lower after Wall Street closes another winning week

Asian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run

Barchart

GDP, Fed Speakers and Other Key Things to Watch this Week

This coming week is pretty news-heavy with PCE and GDP all due out. In addition, there are several fed speakers at some odd times which can cause some volatility in the market.

Barchart

Stock Market: Will New Quarter Bring New Money?

As a new quarter approaches, investors are eager to see if fresh capital will flow into the stock market. With economic indicators showing mixed signals and the Federal Reserve pausing, market participants closely watch for signs of renewed investment. Will the promise of cooling inflation and a potential easing cycle…

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news in one place.

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AAP

Inflation gauge to offer cold comfort for borrowers

May consumer price data gives the Reserve Bank another glimpse of how interest rate levels are working to bring inflation to heel.

Fortune

Will Trump's economic policies really cause 'the mother of all stagflations'? Here’s what experts say

Unlimited Funds' Bob Elliott argues only part of Summers’ forecast seems valid: “Tariffs, at their core, are a regressive tax that is inflationary...But they're also a modest support to U.S. economic conditions.”

Kiplinger

Stock Market Today: Another Down Day for Nvidia Drags on Stocks

The mega-cap chipmaker shed more than 4% this week, creating headwinds for the S&P 500 and Nasdaq.

The Independent UK

Perk up: Starbucks woos inflation-weary customers with major deals for the first time in years

The Seattle-based chain is currently operating several promotions, including discounts, buy-one-get-one-free deals and supersize perks for loyalty customers.

Fortune

Compare current mortgage rates

Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.

StockNews.com

3 Growth Stocks with Strong Earnings Potential

Growth stocks offer significant returns and capital appreciation over time because they tend to outperform during periods of economic expansion. Thus, it could be wise to invest in fundamentally sound growth stocks Workday (WDAY), Veeva Systems (VEEV), and DocuSign (DOCU), which have robust earnings potential. Read on….

International Business Times

Japan Inflation Ticks Up In May To 2.5%

The pace of Japanese inflation accelerated in May partly due to higher energy bills, government data showed Friday, as analysts speculate on the timing of the Bank of Japan's next rate hike.

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