The Latest Breaking News from Inflation

The National Education Union demanded a hike based on Wednesday's inflation figure - which could top 10% - and said the Education Secretary has until October to negotiate. But Boris Johnson is already indicating he will not do that

Airline stocks have been plunging despite the robust travel demand as inflation and recession fears weighed on the sector. Therefore, we think it could be wise to avoid fundamentally weak airlines stocks Virgin Galactic (SPCE), Frontier Group (ULCC), Air Canada (ACDVF), and Spirit Airlines (SAVE) now. Keep reading.

Prime minister says UK must ‘stay the course’ to prevent wage hikes fuelling inflation

It came as a surprise to economists, but GDP fell 0.2 percent in the March quarter - is New Zealand in for another recession?

Inflation is expected to remain high despite the rising interest rates. Amid high inflationary pressure, grocery chain companies could offer steady returns because of the inelastic demand for their products. Thus, fundamentally sound grocery chain stocks The Kroger (KR) and Sanderson Farms (SAFM) could be solid buys to protect your…

Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession

I’m tempted to look at a higher time frame chart of GBP/USD and say it looks cheap. Whether the pound has fallen due to the flash crash or COVID-19 concerns, buyers have always been quick to snap up GBP/USD anywhere between 1.24 and 1.16 levels. That might ultimately hold out…

Surging inflation and the Fed’s continued interest rate hikes have kept equities under pressure lately, driving the S&P 500 index into bearish territory. Given this backdrop, fundamentally weak stocks Boxed (BOXD), KalVista Pharmaceuticals (KALV), and NeoGenomics (NEO) are best avoided now. These stocks were downgraded from ‘Sell’ to ‘Strong Sell’…

Living costs face squeeze even though pay deals in three months to May are highest since 1992

The state pension will rise by the highest of 2.5%, wages or inflation next year, the government has re-confirmed - at the same time as warning more than 5million public sector workers to expect a real terms pay cut

The prospects of higher interest rates to curb the surging inflation and the increasing odds of a recession have increased the market volatility. However, amid the current market turmoil, analysts have upgraded quality stocks Arcos Dorados Holdings (ARCO) and Republic Services (RSG). Read on to learn more.