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The Latest Breaking News from Inflation

Small Business Rent Costs Rise, Wage Inflation Eases

Bank of America Institute data shows small businesses facing rent inflation challenges, with some relief from easing wage inflation and positive profit ind...

Top News

Fed's Powell Says US Making 'Modest' Progress On Inflation

The US Federal Reserve is making "modest" progress in its inflation fight, the head of the US central bank told lawmakers Tuesday, on the first of two days of testimony in Congress.

International Business Times

Federal Reserve faces a cooling job market as Chairman Powell suggests move towards cutting interest rates

The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony Tuesday, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates

The Independent UK

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Rent inflation remains a pressure point for small businesses

The Independent UK

Stock Index Futures Inch Higher Ahead of Powell’s Testimony

September S&P 500 E-Mini futures (ESU24) are up +0.16%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.27% this morning as market participants awaited Federal Reserve Chair Jerome Powell’s congressional testimony for insights into the U.S. interest rate outlook.

Barchart

Dyson to cut up to 1,000 jobs as more than a quarter of UK workforce axed

Dyson relocated its headquarters to Singapore in 2019

The Independent UK

Stock Index Futures Climb Ahead of Powell’s Testimony

September S&P 500 E-Mini futures (ESU24) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.40% this morning as market participants awaited Federal Reserve Chair Jerome Powell’s congressional testimony for insights into the U.S. interest rate outlook.

Barchart

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Stock market today: Japan's Nikkei 225 index logs record close, as markets track rally on Wall St

Asian shares are trading mostly higher after Wall Street benchmarks reached more milestones

The Independent UK

Asian Markets Rise Ahead Of Fed Chief's Congress Testimony

Asian markets rose Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell's testimony to Congress which will be closely watched for any hints on the timing of rate cuts.

International Business Times

Hold expected for latest NZ central bank review

New Zealand's Reserve Bank has been tipped to hold rates at 5.5 per cent at its latest review of monetary policy this week.

AAP

Javier Milei Signs Economic Reforms Into Law

With his initial reforms now in effect, the Argentine president announced the "second phase" of his war against inflation and the deficit.

Reason

Stock Market Today: Markets Set Fresh Highs as CPI, Earnings Loom

Stocks wavered on light volume ahead of a busy week for economic news and corporate earnings.

Kiplinger

Bank of England should keep interest rates on hold, says policymaker

Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’

The Guardian - UK

Millions benefited from mortgages fixed at low prices – now many are struggling with much higher monthly payments

The impact of higher mortgage costs is now biting hard. Three million UK households face the prospect of having to renew their mortgage within the next two years as their fixed-rate periods come to an end. While nearly two-thirds of all borrowers have already remortgaged at more expensive rates, a…

The Conversation

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International Business Times UK

'Disney Is A Legit Scam': The Most Magical Place On Earth Gets Exposed For Shockingly High Prices

The rising rate of inflation in recent years has led to several cost-conscious Americans complaining that a Disney World vacation is becoming expensive.

Barchart

Stocks Set for Muted Open as Investors Await U.S. Inflation Data and Big Bank Earnings, Powell’s Testimony on Tap

September S&P 500 E-Mini futures (ESU24) are down -0.06%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.05% this morning as investors looked ahead to the release of U.S. inflation data, Federal Reserve Chair Jerome Powell’s congressional testimony, and the start of the second-quarter earnings season later in the…

Barchart

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Powell’s Testimony on Tap

Top News

Americans grapple with prolonged inflation impacting finances and mental health. Recent data shows a downward trend.

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news in one place.

100's of premium titles.
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International Business Times UK

Kevin O'Leary Says It Is Possible To Retire With $500K and No Extra Income - Here's How

Shark Tank star and investor Kevin O'Leary says it is possible to survive in retirement with $500,000 in the bank, but his approach may be unrealistic for many.

StockNews.com

3 Growth Stocks Under $10 You Should Own

With a stable global economic growth outlook and easing U.S. inflation, investing in growth stocks like Viavi Solutions (VIAV), Coursera (COUR), and MiMedx Group (MDXG) could be wise. These stocks boast solid fundamentals and significant growth potential for investors seeking opportunities under $10. Read on.

StockNews.com

Investor Alert: Should We Be Worried About Recession?

Even though the S&P 500 (SPY) is making new highs, there are signs the economy is slowing. In fact, it is possible we could slip into a recession if the Fed does not play its cards right. This creates an interesting cross roads for investors as recession typically results in…

Kiplinger

Softer June Jobs Report Raises Rate-Cut Bets

Slower hiring and a rise in the unemployment rate up the odds of the Fed easing more than once before year-end, experts say.

Top News

Black Unemployment Rate Rises, Inflation Debate Heats Up

Biden and Trump target Black voters with claims on unemployment and inflation, but data reveals discrepancies.

Top News

Federal Reserve Monitoring Labor Market For Potential Rate Cuts

Federal Reserve's cautious approach to potential rate cuts amidst rising unemployment and inflation concerns.

Top News

Fed Monitoring Job Market As Economy Slows

US job market shows signs of slowing down, but experts do not foresee a recession. Federal Reserve closely monitoring for potential impacts on inflation an...

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