The Latest Breaking News from Inflation

The bank crisis could spark a credit crunch that will rock the economy. It'll be a major test for small businesses.

OTTAWA, Canada — Prime Minister Justin Trudeau is staring down one of the biggest strikes in Canadian history as his government’s workers push for higher wages even as inflation eases.

WASHINGTON — It will soon become harder to get a full $7,500 tax credit for a new electric vehicle under proposed rules released Friday by the U.S. Treasury Department — and interested buyers should move fast.

High inflation has pushed up the projected revenue take from the Government’s personal tax threshold freeze, the Resolution Foundation said.

Though the volume of visitors this year is projected to return to 2019 levels, Informa Markets believes global inflation and volatile economies in Europe and the US might affect the transaction value during its two international events targeting the food industry.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.68%. Stock indexes Friday added to this week’s gains, with...

A solid showing for tech and communication services stocks pushed the Nasdaq to its best quarter since 2020.

We haven’t learned anything “particularly reassuring in the last three and a half weeks” about inflation even amid the banking crisis, Furman told CNBC.

Thirty days ago, few Americans knew what Silicon Valley Bank was or worried about their own bank accounts. Thirty days ago, the Federal Reserve had one fight on its hands: inflation. Thirty days ago, investors were buoyed by decent economic data — but not too strong — supporting confidence the…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.72%. U.S. stock indexes this morning are moderately higher, with...

The restaurant industry is struggling amid the high inflation and labor shortage. As these challenges are expected to persist in the near term, fundamentally weak restaurant stocks Sweetgreen (SG), Kura Sushi (KRUS), and Yoshiharu (YOSH) might be best avoided. Keep reading.