The Latest Breaking News from Inflation

Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control

SACRAMENTO, Calif. — California Republicans are heading into the midterm elections with messages for voters on everything from inflation to crime and education to homelessness.

Oil cartel OPEC and its allies are cutting production

With inflation recently soaring over 8%, many income investors would love to acquire dividend stocks that pay out more than 9% annually.  But are high-yielding real estate investment trusts (REITs) also good stocks to own? Many are sharply off their 52-week highs. Are dividend cuts in their future? Here are…

Federal Reserve Chair Jerome Powell says he won't cause a deep recession but that "pain" is necessary to fight inflation. To curb the largest price increases in four decades, the US Federal Reserve has been raising interest rates this year. "The Fed is doing a bad job because they don't…

Johnny Mercer vows to defy whip and claims Liz Truss ‘urinating’ on promises

Warnings of inflation and rising interest rates have long been tied to high and rising debt levels.

When Chancellor Kwasi Kwarteng unveiled his mini-budget on September 23, he was making it clear that the government is prioritising economic growth over inflation – which was one reason the financial markets reacted so badly to his plan.

Despite growing EV demand and supportive government policies, the industry has been struggling with numerous challenges, including supply chain issues, chip shortages, material inflation, and inadequate charging infrastructure. So, considering the headwinds, we think it could be wise to avoid fundamentally weak EV stocks Lucid (LCID), Nikola (NKLA), Faraday Future…