The Latest Breaking News from Inflation

Hampstead mega mansion asking price slashed by £4 million as inflation and interest rates hit luxury housing

The mega mansion sees its price tumble just months after being listed for open sale for the first time in almost a century

Evening Standard · Sep 17, 2023

Yet another Bank of England rate rise looks likely – but this may be the last

Rising unemployment and sluggish economic growth are unlikely to derail Threadneedle Street’s drive to curb inflation

The Guardian - UK · Sep 17, 2023

Does Wile E Coyote explain US voters’ gloom amid buoyant economy?

Official figures point to an impressive recovery but many Americans don’t feel that way. Is the economy heading for a fall?

The Guardian - US · Sep 16, 2023

The ODD Story Behind Thursday’s BIG Stock Rally

We have all been worried about what high inflation will do to the economy and stock market. And yet on Thursday inflation spiked again, yet amazingly the S&P 500 (SPY) had a great session. Investment veteran Steve Reitmeister shares the reasons why in his new market outlook with trading plan…

StockNews.com · Sep 15, 2023

New Zealand voters search for relief from ‘shocking’ living costs as election looms

Tax cuts and cheaper fruit among Labour and National party plans to address rising cost of living pressures as people once comfortable are swept into crisis

The Guardian - AU · Sep 15, 2023

Dollar Slips on Weak U.S. Consumer Sentiment

The dollar index (DXY00 ) Friday fell by -0.08%. The dollar was under pressure Friday after the University of Michigan Sep consumer sentiment and inflation expectations reports fell more than expected, which is dovish for Fed policy. Also, hawkish ECB comments Friday boosted EUR/USD at the dollar’s expense. Higher T-note...

Barchart · Sep 15, 2023

3 Profitable Mining Stocks Showing 'Buy' Signals

The gold mining industry is poised to reap the rewards from gold’s established reputation as a safe haven asset during economic turbulence and uncertainty. Therefore, given the current economic scenario, three quality gold mining stocks, Harmony Gold Mining (HMY), B2Gold Corp. (BTG), and Dundee Precious Metals (DPMLF), could be ideal…

StockNews.com · Sep 15, 2023

Detroit’s striking auto workers want a 36% pay hike, mostly to cover inflation. Morgan Stanley thinks automakers can afford it

Detroit’s striking auto workers would need a 30% pay hike just to cover inflation, making their demand for a 36% raise seem "fair," one analyst said.

Fortune · Sep 15, 2023

3 Trending Auto Stocks to Keep Watching

The automotive industry is poised for a promising future, driven by the easing of inflationary pressures and a surge in demand for rental vehicles. Therefore, it could be wise to watch fundamentally strong auto stocks Penske Automotive Group (PAG), Group 1 Automotive (GPI), and Cars.com (CARS). Read more.

StockNews.com · Sep 15, 2023

Stocks Tumble on Higher Bond Yields and Tech Stock Weakness

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.50%. Stock indexes this morning are moderately lower, with the...

Barchart · Sep 15, 2023