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The Latest Breaking News from Inflation

Breaking 5 publishers covering this story in the last 6 hours

3h ago Stocks Climb as Traders Watch Past Treasury Yields. Nasdaq Composite Hits New High.
4h ago The Bond Market Doesn't Trust the Treasury
4h ago Euro hits 17-month low as French debt fears, US inflation lift dollar
4h ago MAGAnomics is starting to look uncomfortably like Bidenomics
5h ago GOP Sen John Kennedy Says Republicans Must Admit Trump-Era Inflation Is Hurting Americans: 'Tell Them the Truth'

Why Applied Materials Shares Are Falling Today

Applied Materials, Inc. (NASDAQ: AMAT) shares are trading lower by 3.89% to $103.06. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Benzinga · Jun 10, 2022

Why Apple Shares Are Getting Hammered Today

Apple Inc (NASDAQ: AAPL) shares are trading lower by 3.49% to $137.65. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Benzinga · Jun 10, 2022

Biden calls for ocean shipping overhaul as part of inflation response - Roll Call

President Joe Biden said he got ‘viscerally angry’ over price hikes by shipping companies that have limited competition.

Roll Call · Jun 10, 2022

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Why Amazon Shares Are Falling Today

Amazon.com, Inc (NASDAQ: AMZN) shares are trading lower by 5.60% to $109.67. Amazon shares are trading lower amid overall market weakness following worse-than-expected May inflation data, which has added to economic concerns and pressured consumer discretionary stocks.

Benzinga · Jun 10, 2022

Why Nvidia Shares Are Getting Hammered Today

NVIDIA Corporation (NASDAQ: NVDA) shares are trading lower by 6.07% to $169.55. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Benzinga · Jun 10, 2022

What's Going On With AMD Shares Today?

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading lower by 2.89% to $95.94. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Benzinga · Jun 10, 2022

Why Microsoft Shares Are Diving Today

Microsoft Corporation (NASDAQ: MSFT) shares are trading lower by 3.78% to $254.78. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Benzinga · Jun 10, 2022

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Why PayPal Shares Are Getting Hammered Today

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower by 6.41% to $78.72. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Benzinga · Jun 10, 2022

Fears steak could be taken off menus and supermarket shelves as production costs soar

Farmers, unable to deal with ever-rising costs, are having to slaughter animals when they are smaller, leading to lower-quality meat. Costs have soared due to the inflation and the Ukraine war

Daily Mirror · Jun 10, 2022

US inflation hits 40-year high of 8.6% as food, gas and shelter costs rise

Inflation rate sends stock markets into tailspin as S&P 500 falls over 2.6% and Nasdaq down over 3.4%

The Guardian - US · Jun 10, 2022

Mid-Morning Market Update: Markets Open Lower; US Inflation Rate Accelerates to 8.6%

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 600 points on Friday.

Benzinga · Jun 10, 2022

Small businesses are facing ‘summer of uncertainty’

Small businesses that depend on outdoor crowds and free-spending tourists aren’t sure what to expect this summer

The Independent UK · Jun 10, 2022

'Stunningly High': Experts React To 8.6% CPI Inflation, Highest In 40 Years

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 2% on Friday morning after the Labor Department reported an 8.6% increase in the consumer price index in the month, the highest inflation reading in any month since 1981.

Benzinga · Jun 10, 2022

US inflation quickens to 40-year high, pressuring Fed and Biden

U.S. inflation hit a fresh 40-year high in May, unexpectedly accelerating in a broad advance that pressures the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats.

Tribune News Service · Jun 10, 2022

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The Independent UK · Jun 10, 2022

US inflation hits highest rate in four decades at 8.6 per cent over the past year

Consumer price index increase for May surpassed record set in 1981

Axios · Jun 10, 2022

Inflation rises 8.6%, the fastest pace in over 40 years

Food and gasoline costs continued to surge last month.

StockNews.com · Jun 10, 2022

Sideways Range with Little Change Awaiting CPI Report

The S&P 500 (SPY) has had a strong thrust higher from very oversold levels in late May, and we've enjoyed some nice gains. Since then, we've trended sideways in a relatively tight range. This makes sense as the CPI report is coming on Friday and is expected to reveal whether…

Miami Herald · Jun 10, 2022

The Week Ahead: Another step toward the economy standing on its own

The Federal Reserve will be one step closer in the week ahead to ending its current cycle of raising interest rates.

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Tribune News Service · Jun 10, 2022

June Fed meeting preview: Brace for fastest rate hikes since 1994 to battle too-high inflation

Economists like to say interest rates take the elevator down and the staircase back up. The metaphor highlights just how swiftly the Federal Reserve slashes borrowing costs during economic crises — and how gradually the Fed lifts rates when the economy is healing.

Radio France Internationale · Jun 10, 2022

Eurozone interest rates to rise for first time in a decade

The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.

StockNews.com · Jun 10, 2022

Bargain Hunting? Check Out These 3 Stocks Rated 'Strong-Buy'

The current market sell-off due to the rising inflation and tightening monetary conditions has led some quality stocks to trade at a discount to their peers. Thus, we think cheap stocks EMCOR Group (EME), Korn Ferry (KFY), and Acuity Brands (AYI) could be valuable investments now. These stocks are rated…

Benzinga · Jun 10, 2022

Fear Of Recession Is Creating A Recession: Apple Analyst Puts Out Theory

The economy has given enough reasons for investors to fret. With higher inflation and slower growth portending further trouble ahead, noted Apple, Inc. (NASDAQ: AAPL) analyst Gene Munster delved into how the economic picture will shape up in the near term.

Liverpool Echo · Jun 10, 2022

Knowsley kids may be more likely to be at risk of shrinking food portions if schools downgrade meals

Knowsley Council stressed they have "no plans" to reduce the quality of meals they provide

Birmingham Post · Jun 10, 2022

Danske cuts Northern Ireland growth outlook on persistent inflationary cloud

The bank expects economic growth in 2023 of just 1%, down from 1.7% previously

The Independent UK · Jun 10, 2022

Biden visiting LA port as high prices persist as threat

President Joe Biden is set to speak at America’s busiest port without having vanquished high inflation

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