The Latest Breaking News from Inflation

The Reserve Bank has kept interest rates on hold, but governor Philip Lowe says there's a good chance more interest rate hikes will be needed.

The stock market rollercoaster continues with most investors wanting off the ride. That is true even after a nice run higher above 4,100 for the S&P 500 (SPY) because there are fresh signs that a recession could be in our midst that will reawaken the bear market from its recent…

Rising rents and energy prices, as well as stagnant wages, lead many economists to predict the rate is yet to peak

It usually comes back to inflation. Study any period of British history from 1945 onwards, and there’s a good chance you’ll spot ministers making strange and sometimes desperate decisions in the name of taming – or often to avoid taming – rapidly rising prices.

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is down -0.15%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.3%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down - 0.06%. This morning the US Census...

U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve

The entertainment industry has been affected by consumers’ discretionary spending cuts amid sky-high inflation. However, the industry seems well-positioned to witness significant growth in the near future due to resilient demand. Therefore, it would be wise to invest in quality entertainment stocks Endeavor Group Holdings (EDR), Cedar Fair (FUN), and…

The upcoming earnings season could be highly volatile in the face of uncertain macroeconomic conditions, including high inflation, rising interest rates, recent bank failures, and growing recessionary risks. Amid this backdrop, it could be wise to avoid fundamentally weak stocks TuSimple Holdings (TSP), Ra Medical (RMED), and Agrify (AGFY), which…

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.31% at a 1-1/2 month high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.37% at a 7-1/2 month high. U.S. stock index futures this morning are moderately higher on reduced interest rate concerns. Monday’s economic...