The Latest Breaking News from Inflation

Stock Index Futures Tick Lower Ahead of More Fed Speak, Nvidia Earnings Awaited

June S&P 500 E-Mini futures (ESM24) are down -0.01%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.15% this morning as investors awaited further comments from Federal Reserve officials while also bracing for Nvidia earnings due later in the week.

Barchart · May 21, 2024

Stock Index Futures Mixed Ahead of More Fed Speak, Nvidia Earnings Awaited

June S&P 500 E-Mini futures (ESM24) are up +0.03%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.08% this morning as investors awaited further comments from Federal Reserve officials while also bracing for Nvidia earnings due later in the week.

Barchart · May 21, 2024

Inflation Sends Rich Consumers To Walmart, As It Is 'Turning The Tables' On Amazon

The persistence of inflation makes wealthy consumers more price-sensitive, leading them to seek bargains at Walmart, which is gaining an edge over Amazon in shopping convenience.

International Business Times · May 21, 2024

Stocks Settle Mixed on Hawkish Fed Comments

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.69%. US stock indexes Monday settled mixed, with the Nasdaq 100 posting a new record...

Barchart · May 20, 2024

Hawkish Fed Comments Boost the Dollar

The dollar index (DXY00 ) Monday rose by +0.12%. Higher T-note yields Monday supported moderate gains in the dollar. Also, hawkish comments from several Fed presidents were bullish for the dollar. However, the upside in the dollar was contained as Monday’s rally in stocks curbed liquidity demand for the dollar....

Barchart · May 20, 2024

Wall Street's biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns

Morgan Stanley’s Mike Wilson previously called the $8 trillion market drop in 2022, due to a combination of “fire and ice.”

Fortune · May 20, 2024

Income gap roars back in post pandemic recovery

Economic equality improved during the pandemic yet those gains have been unwound, with the inflation spike the final test of where equality stands post-COVID.

AAP · May 20, 2024

'Momentous' inflation data will give big clue on interest rate cut timing

Inflation is set to fall to the brink of the Bank of England’s official 2% target

Evening Standard · May 20, 2024

US Inflation Fight Will Take 'Further Time': Senior Fed Official

The US Federal Reserve should keep interest rates at their current elevated levels for longer than previously expected due to disappointing recent inflation data, a senior bank official said Monday.

International Business Times · May 20, 2024

Target starts price war with big box stores as it lowers prices on 5,000 ‘essential goods’

Target plans on cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets

The Independent UK · May 20, 2024