The Latest Breaking News from Inflation

Manufacturing expands for 5th month in a row

Thai manufacturing grew for the fifth consecutive month in May despite a fall in demand, with safety stock building one of the key factors driving the expansion.

Bangkok Post · Jun 2, 2022

Biden's Plan for Reducing Inflation Will Actually Make It Worse

The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.

Reason · Jun 2, 2022

A critical juncture: On GST reforms

Distilling inflation’s impact on GST revenues is critical before structural reforms are put on hold

The Hindu · Jun 2, 2022

Is This Inflation ETF Breaking Out?

As long as inflation continues to surge, so should the Invesco DB Commodity Index Tracking Fund ETF (NYSE: DBC). It had gained about 40% this year and appears to be breaking out.

Benzinga · Jun 2, 2022

There's A Looming Economic Recession – What's Your Plan Of Action?

Record inflation? Check. Interest rate hikes? Check.  Inverted yield curves? Check. Consumer confidence index drop? Check. I believe this signals a brewing recession and some top economists think so, too.  Other experts disagree. 

Benzinga · Jun 2, 2022

Wedbush Cuts Price Target On This Fast-Casual Restaurant Chain - Read Why

Wedbush analyst Nick Setyan lowered the price target on Chipotle Mexican Grill Inc (NYSE:CMG) to $1,800 (30% upside) from $2,000 and maintained an Outperform rating on the shares. The analyst noted CMG is poised to see accelerated market share gains in a post-COVID environment, resulting in sustained growth above pre-COVID levels. Setyan said the recent…

Benzinga · Jun 2, 2022

Nontraded REITs Growing By Record Rates - Projected To Raise $45 Billion In 2022

Ukraine, rising interest rates, plummeting markets and rampant inflation. These are few of the main topics that the mainstream media is always covering. With everything going on in the world, more investors are deciding to invest in alternative investments like nontraded real estate investment trusts (REITs).

Benzinga · Jun 2, 2022

Better Buy: Walmart vs. Target

Consumers are rushing to discount stores to buy household goods at comparatively lower prices amid multi-decade high inflation rates. This growing demand and enhanced service offering should allow popular discount store retailers Walmart (WMT) and Target (TGT) to benefit. But which of these stocks is a better buy now? Read…

StockNews.com · Jun 2, 2022

OPEC+ Brings Forward Oil Output Rises

OPEC+, an alliance of the Organization of the Petroleum Exporting Countries and other producing nations, agreed on Thursday to bring forward oil production rises to offset Russian output losses to ease surging oil prices and inflation. OPEC+ said it had agreed to boost output by 648,000 barrels per day (bpd)…

Asharq Al-Awsat · Jun 2, 2022

White House says US prepared to handle economic storms as JPMorgan boss predicts ‘hurricane’ ahead

JPMorgan Chase CEO Jamie Dimon is predicting an economic ‘hurricane’ ahead even as the White House says the US economy remains strong

The Independent UK · Jun 2, 2022