The Latest Breaking News from Inflation

Australian government rejects concerns budget may worsen inflation

Australia's Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary pressures and put more pressure on the central bank to lift rates further.

Reuters · May 10, 2023

Why Steve Reitmeister is Becoming More Bearish

40 year investment veteran Steve Reitmeister unveils new clues that point to increased odds of bear market and new lows on the way for the S&P 500 (SPY). Get his updated market outlook, trading plan and top picks in the article below.

StockNews.com · May 9, 2023

PM defends budget spending, denies inflation fears

Prime Minister Anthony Albanese says the budget reflects Labor's responsible economic management and at the same time doesn't leave struggling people behind.

The New Daily · May 9, 2023

America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money

If the economy tanks in the months ahead, Powell will get the blame. If we avoid a recession, the politicians will claim credit.

Fortune · May 9, 2023

3 Tech Stocks to Hedge Inflation

Despite significant turbulence, the technology sector’s prospects remain positive due to fast digital transformation and increasing internet adoption. So, investors looking for a solid tech stock should pick TDK (TTDKY), Seiko Epson (SEKEY), and Daktronics (DAKT). Read on.

StockNews.com · May 9, 2023

Universities and colleges face investigations over grade inflation – watchdog

There is a risk that if large numbers of students are handed top degrees it ‘could be seen to devalue the award’, Office for Students chairman said.

The Independent UK · May 9, 2023

Stocks Under Pressure from U.S. Debt Ceiling Impasse and Weak Chinese Imports

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.56%. U.S. stocks this morning are moderately lower. A drop...

Barchart · May 9, 2023

The Pros of Investing in These 3 Gold Stocks in the Current Economic Climate

Gold is considered the ultimate safe-haven hedge against inflation as its value tends to rise in an uncertain economy. Recently, gold prices crossed the $2,000 level and a record high is in sight. Amid a volatile economic backdrop, investors could buy quality gold stocks Endeavour Mining (EDVMF), B2Gold (BTG), and…

StockNews.com · May 9, 2023

Cost of living: Calls grow for supermarkets to slash prices amid inflation

Representatives from major supermarkets are set to meet with the Dail tomorrow to discuss alleviating financial pressures on shoppers

Dublin Live · May 9, 2023

Markets Today: Stocks Slip as Bank Stocks Fall and Chinese Imports Plunge

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.33%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.50%. U.S. stock index futures this morning are moderately lower. A drop of more than -15% in PacWest Bancorp in pre-market trading is leading regional bank...

Barchart · May 9, 2023