The Latest Breaking News from Inflation

US stocks see worst day this year as Fed rate hike rattles investors

Dow falls 3.1% a day after the Fed chair announces biggest hike in two decades to combat inflation

The Guardian - US · May 5, 2022

The multiverse is huge in pop culture right now – but what is it, and does it really exist?

Whether you need a new villain or an old Spider-Man, your sci-fi movie will sound more scientifically respectable if you use the word multiverse. The Marvel multiverse puts different versions of our universe “out there”, somewhere. In these films, with the right blend of technology, magic, and imagination, travel between…

The Conversation · May 5, 2022

Abortion now front and center in some Democrats' senatorial campaigns

WASHINGTON — Democrats most at risk of losing their Senate seats in November’s U.S. election have jumped on abortion rights to shift the political narrative away from inflation and win back voters disappointed by President Joe Biden’s handling of the economy.

Tribune News Service · May 5, 2022

5 Resilient Dividend Stocks to Buy and Hold

Yesterday, the Federal Reserve implemented its first 50-basis-point interest rate hike since 2000 to tame rising inflation. The volatility in the stock market has been increasing with the Fed’s monetary policy pivot, historically high levels of inflation, and the Russia-Ukraine war. And analysts expect the S&P 500 to plunge further.…

StockNews.com · May 5, 2022

The fudging is over, as monetary policy committee predicts 10.2% inflation

The pound slides following gloomy forecasts and confusion within the Bank of England

The Guardian - UK · May 5, 2022

Watch the gap: On widening trade deficit

The widening trade deficit puts more pressure on the rupee and aids growth-retarding inflation.

The Hindu · May 5, 2022

At the Races: Roe, Roe, Roe the vote - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

Roll Call · May 5, 2022

Costly beer and cars? Consumers, and profits, fine with that

Consumers seem undaunted by higher prices of everything from luxury cars to beer, letting companies like Anheuser-Busch InBev NV and BMW AG boost profits despite economic threats ranging from inflation to war to China’s Covid flare-up.

Tribune News Service · May 5, 2022

Georgia Democrats aim to make abortion rights a unifying midterm message

ATLANTA — Georgia Democrats who struggled to counter concerns about rising fuel prices and inflation suddenly have a unifying campaign message following the leaking of a draft of a U.S. Supreme Court opinion that would overturn Roe v. Wade.

Tribune News Service · May 5, 2022

The Dow Jones tumbles over 1,100 points as fears about the economy intensify

The declines come a day after the Federal Reserve raised interest rates by the most in over two decades as it embarks on a high-stakes fight to bring down inflation.

WEKU · May 5, 2022