The Latest Breaking News from Inflation

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‘Growing numb’: Frustrated McConnell tries to keep focus on inflation, not culture wars

Tribune News Service · Sep 20, 2022

Ald. Vasquez seeks to cap City Council pay raises

Ald. Andre Vasquez is not one of 17 council members who have declined the latest pay raise. But he’s not oblivious to the pre-election dilemma. In fact, he’s proposing a cap of 5% or the inflation rate, whichever is yes.

Chicago Sun-Times · Sep 19, 2022

Central banking must go green

Just as there is no question that climate change brings enormous economic and financial risks, there should be no question that central banks can and must play a role in addressing this mother of all market failures. As central banks in the United States and Europe tighten credit to regain…

Bangkok Post · Sep 19, 2022

2 Travel Stocks to Put on Hold Until Further Notice

The travel industry, which barely revived from its pandemic-led disruptions, is struggling with high inflation and labor shortages. Hence, we think fundamentally weak travel stocks Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are best avoided now. Read more….

StockNews.com · Sep 19, 2022

3 Dividend Stocks to Buy if the US Slips Into a Recession

Considering the persistently high inflation, the Fed will likely announce another aggressive interest rate hike this week. Amid growing recession concerns, investing in quality dividend-paying stocks Walmart (WMT), Pfizer (PFE), and Cigna Corporation (CI) could help generate a steady income stream. Read more….

StockNews.com · Sep 19, 2022

Proceed With Caution When Buying These 3 High-Volume Stocks

The recently released CPI report indicates that inflation is still at uncomfortably high levels. This may lead the Fed to announce another significant interest rate hike this week. Given this backdrop, it may not be wise to invest in high-volume stocks Roku, Inc. (ROKU), Poshmark (POSH), and Vinco Ventures (BBIG),…

StockNews.com · Sep 19, 2022

Falling Home Sales Send Shock Waves Through Home Retailers And Flippers: How Bad Could It Get?

As mortgage rates topped 6%, for the first time since the 2008 financial crisis, new home buyers are being squeezed on multiple fronts since elevated home prices, interest rates, and rising inflation are adding to everyone's bottom line.

Benzinga · Sep 19, 2022

Survey: Half of workers who got a raise or higher-paying job say their pay didn’t keep up with inflation

Americans are seeing the fastest wage growth in decades, and the majority of workers in a Bankrate survey say they’ve gotten at least some kind of income boost over the past 12 months — but the hottest inflation in almost four decades could be keeping them from fully reaping those…

Tribune News Service · Sep 19, 2022

Explainer: How the strong US dollar can affect everyone

NEW YORK: The buck isn’t stopping.

The Times of India · Sep 19, 2022

Treasury Bond Yields Hit 11-Year Highs As Investors Brace For 3rd Consecutive Fed Interest Rate Hike

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control.

Benzinga · Sep 19, 2022