The Latest Breaking News from Inflation

Bank of America sees inflation falling to this number by the end of next year—but it’ll take a recession to get there

Bank of America says a “mild recession” will raise the unemployment rate to 5.5% next year and cool inflation.

Fortune · Nov 29, 2022

Why retiring Baby Boomers may make it harder to lower inflation

Fewer people working because they have elected to retire makes it more difficult to cure the economy's supply-demand imbalance.

Axios · Nov 29, 2022

Climate Change is Driving Up Food Prices

Tip to journalists: COP27 and food price inflation are part of the same story.

Capital & Main · Nov 29, 2022

The 3 Best Value Stocks to Buy Right Now

With inflation slightly cooling off last month and the Fed expected to slow the pace of interest rate hikes, this could be an excellent time to buy value stocks. Investors could look to buy fundamentally strong stocks, Albertsons Companies (ACI), Berry Corporation (BRY), and Good Times Restaurants (GTIM), which are…

StockNews.com · Nov 29, 2022

German inflation dips slightly in November to 10%

Official figures show that Germany’s inflation rate slipped back slightly to 10% in November

The Independent UK · Nov 29, 2022

3 Super Cheap Stocks to Consider Buying This Week

The Fed is likely to slow its pace of rate hikes over the coming months as inflation shows signs of cooling. Moreover, experts believe the stock market could see a significant rally at the year-end. Hence, fundamentally strong stocks Rimini Street (RMNI), GEE Group (JOB), and Ultralife Corporation (ULBI) might…

StockNews.com · Nov 29, 2022

US consumer confidence falls in November for 2nd month

U.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates, and layoff announcements by several large tech companies

The Independent UK · Nov 29, 2022

Are 'top scholar' students really so remarkable — or are teachers inflating their grades?

Schools in the Greater Toronto Area (GTA) are “handing out higher marks than ever before.”

The Conversation · Nov 29, 2022

Cyber Monday sales on track to break record despite US inflation

U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.

Tribune News Service · Nov 29, 2022

Cyber Monday sales on track to break record despite US inflation

U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.

Tribune News Service · Nov 29, 2022