The Latest Breaking News from Inflation

Inflation rate sends stock markets into tailspin as S&P 500 falls over 2.6% and Nasdaq down over 3.4%

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 600 points on Friday.

Food and gasoline costs continued to surge last month.

The S&P 500 (SPY) has had a strong thrust higher from very oversold levels in late May, and we've enjoyed some nice gains. Since then, we've trended sideways in a relatively tight range. This makes sense as the CPI report is coming on Friday and is expected to reveal whether…

The Federal Reserve will be one step closer in the week ahead to ending its current cycle of raising interest rates.

Economists like to say interest rates take the elevator down and the staircase back up. The metaphor highlights just how swiftly the Federal Reserve slashes borrowing costs during economic crises — and how gradually the Fed lifts rates when the economy is healing.

The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.

The current market sell-off due to the rising inflation and tightening monetary conditions has led some quality stocks to trade at a discount to their peers. Thus, we think cheap stocks EMCOR Group (EME), Korn Ferry (KFY), and Acuity Brands (AYI) could be valuable investments now. These stocks are rated…

The economy has given enough reasons for investors to fret. With higher inflation and slower growth portending further trouble ahead, noted Apple, Inc. (NASDAQ: AAPL) analyst Gene Munster delved into how the economic picture will shape up in the near term.