The Latest Breaking News from Inflation

NEW DELHI: The slowdown seen in India's GDP growth to a four-quarter low of 4.1 per cent in January-March period of 2021-22 was mainly on account of impact of the third Covid wave and high commodity prices, opined experts.

Persistently elevated inflation and a slowing economy are taking their toll on U.S. consumer confidence, and it could spell bad news for the SPDR S&P 500 ETF Trust (NYSE: SPY).

He's admitted to being full of 'regret'

Despite Friday's relief rally, the broader market has been suffering since the beginning of the year, as concerns about inflation and rising interest rates continue to impact investor sentiments.  As a result, many hard-hit companies, Carvana (CVNA), 1Life Healthcare (ONEM), and Cano Health (CANO), have suffered major price declines over…

Pension funds invest in real estate so they can provide higher yields to their investors. Most of these investors are retirees living on a fixed income, making high, consistent yields even more important. Many real estate investments provide higher-than-average yields and act as a hedge against inflation.

The inflationary environment is a “net positive” for midstream performance and midstream companies, which are likely to benefit from continued strong demand, tight supplies, higher pricing, wider margins, and growing volumes, according to Wells Fargo. Magellan Midstream Partners

Morgan Stanley analyst Kimberly Greenberger downgraded American Eagle Outfitters Inc (NYSE:AEO) to Underweight from Equal-Weight with a price target of $8, down from $22, implying a 32% downside. The analyst noted the company reduced its 2022 guidance as its optimism proved excessive. Greenberger sees further risk to sales driven by significant Average Unit Retail (AUR) giveback. She…

U.S. consumer confidence edged down in May as Americans’ view of their present and future prospects dimmed in the midst of persistent inflation

President Joe Biden will use his meeting with Federal Reserve Chairman Jay Powell to stress that he’s giving the central bank “space to operate” independently to address the inflation crisis, White House economic adviser Brian Deese said.