The Latest Breaking News from Inflation

Businesses add fees, fuel surcharges to counter inflation and high gas prices

The next time you get a receipt, take a closer look.

Axios · Jun 6, 2022

2 Downgraded Social Media Stocks to Avoid

Investor sentiment around social media stocks has been plummeting amid cutbacks in digital ad spending in the face of the rising inflation. So, given the deteriorating macroeconomic environment, we think it could be wise to avoid recently downgraded social media stocks Pinterest (PINS) and Snap (SNAP). These stocks might witness…

StockNews.com · Jun 6, 2022

5 Energy Stocks to Buy This Summer to Combat Scorching Inflation

The inflation report expected this week is expected to be on par with the previous month, reporting near 40-year-high inflation. Historically, the energy sector has outperformed inflation, and so might be an ideal investment option to hedge against current inflationary pressures. Hence, we think the stocks of energy companies Energy…

StockNews.com · Jun 6, 2022

Down More Than 60% in 2022, is Etsy Stock a Buy?

Arts-and-crafts marketplace Etsy (ETSY) has been making operational headway, but the company is expected to suffer from the inflationary environment and supply chain issues. So, let’s find out if it is wise to bet on the stock now. Read on.

StockNews.com · Jun 6, 2022

Tariffs Are Adding to Inflation. Biden's Commerce Secretary Says Repealing Some 'May Make Sense.'

Tariffs imposed by President Donald Trump and kept in place by President Joe Biden are costing consumers $51 billion annually.

Reason · Jun 6, 2022

Stocks climb on Wall Street, led by more gains in tech

Stocks rose broadly in morning trading on Wall Street Monday, led by more gains in big tech companies

The Independent UK · Jun 6, 2022

4 Dirt-Cheap High-Yield Stocks Flying Under-the-Radar

The Federal Reserve’s hawkish stance to fight high inflation is signaling a recession in the offing in the near term, which will likely sustain the stock market’s heightened volatile. Therefore, it could be wise to bet on high-yield dividend stocks to generate a steady portfolio income stream. High-yield stocks from…

StockNews.com · Jun 6, 2022

Market Wrap: Volatile inflation and a deluge of data as China emerges from lockdowns

A deluge of data in China will provide fresh insights into the economic impact of the COVID lockdowns, including trade, consumer and producer inflation.

The New Daily · Jun 6, 2022

UK new car sales slide to second worst May in 30 years

Global supply chain crisis, including computer chip shortage, and inflation hit business

The Guardian - UK · Jun 6, 2022

Our Elizabethan age has been golden and the next 70 years look bright too

The second Elizabethan age has delivered a remarkable increase in living standards. Average incomes in 2022 — adjusted for the effects of inflation — are almost four times higher than they were when the 25-year-old Elizabeth became our sovereign in 1952. I doubt we will see quite the same gains…

Evening Standard · Jun 6, 2022