The Latest Breaking News from Inflation

Why NFI Group Shares Are Falling Today

NFI Group Inc (TSX:NFI) (OTC:NFYEF) has been downgraded to Market Perform from Outperform by BMO Capital analyst Jonathan Lamers. The analyst also lowered the price target to C$15.50, from C$21. Lamers stated that he is concerned with downside risk to the company's 2022 guidance as supply chain challenges are unlikely to improve in the near…

Benzinga · Apr 26, 2022

As cost of groceries rises, food pantries see increased demand. ‘It has just not stopped’

On a blustery afternoon on Chicago's West Side, Beverly Harris waited in line outside Harmony Community Church for her turn to select from bags of apples and cartons of eggs, romaine lettuce and puff pastries from the food pantry in the church’s basement.

Chicago Tribune · Apr 26, 2022

Labor unveil budget plan, PM touts regions

As Labor outlined its economic strategy, Prime Minister Scott Morrison has made a direct pitch to regional voters as climate divisions loom.

AAP · Apr 26, 2022

Sherwin-Williams Posts Q1 Earnings Above Street View

Sherwin-Williams Co (NYSE:SHW) reported first-quarter FY22 sales growth of 7.4% year-on-year to $4.99 billion, beating the consensus of $4.91 billion. The increase in sales was driven by selling price increases in all segments and higher product sales volume in the Performance Coatings Group. Sales from stores in the U.S. and Canada rose 3.8%…

Benzinga · Apr 26, 2022

How to protect workers from inflation

Union contracts could ensure economic stability among the working class amid inflation

Salon · Apr 26, 2022

Defense contractors expected to struggle to meet weapons demand - Roll Call

Defense manufacturers will struggle to quickly replace the weapons the U.S. and others are providing Ukraine, witnesses told a Senate panel.

Roll Call · Apr 26, 2022

US consumers still confident in April, but slightly less so

U.S. consumer confidence dampened slightly in April but remains high and inflation concerns continue to weigh on their short-term outlook

The Independent UK · Apr 26, 2022

GE Stock Slides After Q1 Earnings, Warns On Inflation Pressure

General Electric Co (NYSE:GE) reported first-quarter FY22 adjusted revenue of $16.3 billion flat year-over-year and organic revenues of $16.43 billion, up 1% Y/Y. Total GAAP revenues were flat at $17.04 billion. Total orders increased by 11% Y/Y to $18.9 billion and +13% on an organic basis. Adjusted EPS was $0.24, an increase of…

Benzinga · Apr 26, 2022

Coca-Cola delivers ‘master class’ as sales soar despite inflation

Soft drinks manufacturer also admits to ‘accelerated cost pressures and ongoing supply challenges’

Evening Standard · Apr 26, 2022

5 cost of living announcements scrambling Boris Johnson could make - with NO new money

Boris Johnson has asked his Cabinet to come up with urgent ideas to solve the cost of living crisis... weeks after hitting Brits with a tax hike, and being accused of too little action in his Spring Statement

Daily Mirror · Apr 26, 2022