The Latest Breaking News from Inflation

Investors were once again foolishly bidding up stocks coming into the inflation report Tuesday morning. Bulls were slaughtered when they found out that inflation is not fading away and that likely spells more economic pain on the way as the Fed will need to stay on the rate hike war…

An unexpected rise in US consumer prices sees global share markets take fright on worries about more aggressive interest rate rises by the US central bank. The Australian dollar plunges on a surging greenback.

The cost of shelter was up 0.7 percent in August and 6.2 percent for the year, according to the latest Consumer Price Index report.

Twitter shareholders have approved Elon Musk's $44 billion offer to buy the social media platform, months after the billionaire tried to back out of the deal. The case will be heard by a US court in October. Meanwhile, a Senate panel has heard explosive testimony about security practices at Twitter.…

Child poverty is at a historic low, according to Census bureau data, and the rate of those without health insurance dropped in 2021. But the good news may be short-lived, as policy measures expire.

All three indexes fell after worse-than-expected inflation data raised expectations the Fed will need to continue raising interest rates aggressively to bring prices under control.

President Joe Biden has gathered a crowd at the White House to celebrate last month’s passage of the Inflation Reduction Act

U.S. stocks traded sharply lower toward the end of trading, following the release of inflation data for August.

Canadian Solar Inc (NASDAQ: CSIQ) has been performing exceptionally well in the first half of 2022 as the stock performance is up roughly 34% year-to-date.

The Labor Department on Tuesday reported an 8.3% year-over-year increase in the consumer price index for August, which sent the SPDR S&P 500 (NYSE: SPY) and the Invesco QQQ Trust (NASDAQ: QQQ) spiraling lower. 

As inflation remains elevated, the Fed will likely raise the interest rates by another 75 basis points next week. This could induce further volatility in the market. So, we think investing in quality leisure stocks Playa Hotels & Resorts (PLYA) and Accel Entertainment (ACEL) could be wise. Read more.