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The Latest Breaking News from Inflation

DXY: US April CPI Keeps Inflation Fears Alive

Those who awaited US April CPI data hoping for a summary execution of the inflation narrative walked away from Wednesday’s release disappointed. But the reality is that inflation, although falling, is not doing so quite at the rate most were expecting. For the time being, traders will need to balance…

Benzinga

Dallas Fed appoints first female president to succeed Rob Kaplan

Federal Reserve Bank of New York executive Lorie Logan will become the 13th president of the Dallas Fed and its first female chief following a seven-month search.

Tribune News Service

Minimum wage hike in spotlight

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes Thailand can manage 2.5-4% GDP growth this year if an increase in the daily minimum wage is appropriate given the higher living costs.

Bangkok Post

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Biden Considers Dropping China Tariffs to Fight Inflation

American president says he may roll back costly Trump duties to lower prices on goods in the U.S., though ‘no decision has been made’

Caixin Global

What's Going On With GameStop Stock Today?

GameStop Corp (NYSE: GME) shares are trading lower Wednesday alongside several companies in the retail and apparel space amid overall market weakness as investors digest the latest U.S.

Benzinga

Markets Resume Selloff Following Worse-Than-Expected CPI Report

U.S. indices finished Wednesday's trading session lower. Markets were highly volatile following the April CPI report, which showed worse-than-expected inflation. The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist estimates of 8.1%. Prior to 2022, the CPI hadn't risen 8.3% in any month since…

Benzinga

3 Gold Mining Stocks to Buy in May: Centerra, Centamin, and New Gold

Gold demand increased substantially in the last quarter due to inflation and intensifying geopolitical tensions and is expected to continue surging this year. Furthermore, the price of gold could surpass $2,000 per ounce soon. Given the bullish expectations, we think gold mining stocks Centerra (CGAU), Centamin (CELTF), and New Gold…

StockNews.com

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Ofgem boss warns of ANOTHER energy bill hike amid £3,000-a-year war

The news comes as a report has revealed 1.5 million UK households will struggle to pay food and energy bills amid a deepening cost-of-living crisis

Daily Record

Surging prices rattle markets and tech stocks, while Bitcoin tanks to below $US27,000

Surging prices — and the possibility of looming interest rate hikes — are rattling global markets, tech stocks and crypto, while investors are going back to the "haven" of the greenback.

ABC News

Best Tire Inflators With Gauges

We examine the best tire inflators with gauges on the market.

Motor1

How raising minimum wage will impact consumers

Raising the minimum wage in line with cost of living would see Canberra businesses passing on the costs to consumers, businesses say.

The Canberra Times

What's Going On With Rivian Stock Today?

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower Wednesday alongside several companies in the broader consumer discretionary space amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Lucid Shares Are Sliding Today

Lucid Group Inc (NASDAQ: LCID) shares are trading lower Wednesday alongside several companies in the broader consumer discretionary space amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why AMC Entertainment Stock Is Falling

AMC Entertainment Holdings Inc (NYSE: AMC) shares are trading lower Wednesday alongside several companies in the broader communications, media and entertainment industry amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

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ABC News

Clive Palmer's United Australia Party is promising to cap mortgage interest rates. Can it be done?

With the cost of living surging and interest rates rising for the first time in more than a decade, a cap on mortgage repayments would come as welcome relief for millions of borrowers. But can it be done and who would end up paying for it?

Benzinga

Here's Why TSMC Warned Against Price Hike For Second Time Within One Year

Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) has warned clients for the second time after August against its plans to raise prices, to beat inflation concerns, rising costs, and its expansion plans to counter the global supply crunch, Nikkei Asia reports. TSMC, the leading contract chipmaker, looks to raise prices by "single-digit percentages" across mature…

Benzinga

Block Shares Hit 52-Week Lows: What's Going On?

Block Inc (NYSE: SQ) shares are trading significantly lower Wednesday alongside several companies in the broader technology sector amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Ford Shares Are Falling Today

Shares of several companies in the broader consumer discretionary space, including Ford Motor Company (NYSE: F), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

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Benzinga

Mid-Afternoon Market Update: Dow Tumbles Over 100 Points; H&R Block Shares Spike Higher

U.S. stocks trade lower toward the end of trading, with the Dow Jones dropping more than 100 points on Wednesday.

The Independent UK

Truss urged to step back from brink in explosive Brexit spat with Brussels over Northern Ireland

Tearing up Northern Ireland protocol ‘will spark trade war, drive up inflation and damage UK influence’, warns senior Tory MP

Benzinga

Why Netflix Shares Are Diving Today

Shares of several companies in the broader technology sector, including Netflix Inc (NASDAQ: NFLX), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Nvidia Shares Are Diving Today

Shares of several companies in the broader technology sector, including NVIDIA Corporation (NASDAQ: NVDA), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Amazon Shares Are Falling Today

Shares of several companies in the broader technology sector, including Amazon.com, Inc. (NASDAQ: AMZN), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Tesla Shares Are Getting Hammered Today

Tesla Inc (NASDAQ: TSLA) shares are trading lower amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

Why Apple Shares Are Diving Today

Shares of several companies in the broader technology sector, including Apple Inc (NASDAQ: AAPL), are trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.

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