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The Latest Breaking News from Inflation

Super-sized prices! Here’s is how much a Big Mac, Chick-fil-A nuggets and Chipotle burrito cost thanks to inflation

“It’s so upsetting, because it goes against what we are expecting and what we have grown to love about fast food,” Kimberly Palmer, a personal finance expert said.

The Independent UK

Europe must splash the cash (and seize it) to save 2024

There is still an expensive war to fight, and if EU and UK politicians insist on using taxpayer funds for it, there will be little left to spend on public services

The Guardian - UK

April PCE Report Shows Inflation Holding Steady

Latest report on PCE price index shows inflation concerns persist, with core inflation stable. Consumer spending slightly dipped. Fed faces pressure to add...

Top News

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read the most diverse news in one place.

Costco's Costco's Top News.50 Hot Dog Deal To Remain Unchanged.50 Hot Dog Deal To Remain Unchanged

Costco's iconic Costco's Top News.50 Hot Dog Deal To Remain Unchanged.50 hot dog combo remains unchanged despite inflation concerns, showcasing commitment to customer value.

Top News

Stocks Rally Late to Close Out a Volatile Session

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed +1.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed -0.01%. Stocks Friday rallied sharply in the last 20 minutes of the session, reversing the losses seen...

Barchart

Stock Market Today: Nasdaq Slips as Magnificent 7 Stocks Drop

The Dow Jones Industrial Average, on the other hand, gained ground Friday as Salesforce bounced back.

Kiplinger

Dollar Drops as Bond Yields Fall on US Inflation and Personal Spending Reports

The dollar index (DXY00 ) on Friday fell slightly by -0.04%. The dollar was undercut by Friday’s -5 bp decline in the US 10-year T-note yield after the US PCE deflator report was in line with market expectations and kept alive hopes for the Fed to cut interest rates later...

Barchart

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Inflation cooldown incoming for U.S. economy

Yes, but: New data also showed a gloomier snapshot of the American consumer.

Axios

Stocks Falls on Concern about Weaker US Consumer Spending and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) today is down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.36%. US stock indexes saw support early in the session after the as-expected PCE deflator...

Barchart

Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report

The dollar index (DXY00 ) today is down -0.21%. The dollar is being undercut by today’s -5 bp decline in the US 10-year T-note yield after the US PCE deflator report was in line with market expectations and kept alive hopes for the Fed to cut interest rates later this...

Barchart

Stocks See Support as US Inflation Report Meets Market Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. US stock indexes are seeing support after this morning’s PCE deflator report was in...

Barchart

S&P Futures Tick Higher After Key U.S. Inflation Data is Released

June S&P 500 E-Mini futures (ESM24) are up +0.26% this morning after the release of the Fed’s first-line inflation gauge.

Barchart

Fed's go-to inflation gauge cooled in April as shoppers slowed spending

It comes after a months-long stretch where inflation by this measure hadn't budged.

Axios

More Stock Downside in the Near Term?

Stocks bounced back in May making new all time highs for the S&P 500 (SPY). That celebration didn’t last long as continued inflationary pressures have pushed back the starting date for the first Fed rate cut. With that stocks have fallen back in recent days. What does that mean for…

StockNews.com

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International Business Times

US Fed's Favored Inflation Measure Remains Unchanged In April

The US Federal Reserve's favored measure of inflation remained unchanged in April, according to government data published Friday, as services prices remained elevated.

The Independent UK

Federal Reserve's preferred inflation gauge eased last month for the first time in 2024

A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year

Top News

European Inflation Rises To 2.6%, ECB Expected To Cut Rates

European inflation rises to 2.6% in May, prompting ECB to consider interest rate cut ahead of the U.S. Federal Reserve.

Barchart

S&P Futures Tick Lower as Investors Await Key U.S. Inflation Data

June S&P 500 E-Mini futures (ESM24) are trending down -0.20% this morning as market participants refrained from making big bets ahead of the release of the Fed’s first-line inflation gauge.

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Barchart

S&P Futures Tread Water as Investors Await Key U.S. Inflation Data

June S&P 500 E-Mini futures (ESM24) are trending down -0.13% this morning as market participants refrained from making big bets ahead of the release of the Fed’s first-line inflation gauge.

The Independent UK

Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week

Inflation ticked up to an annual 2.6% in Europe in May

Evening Standard

Nationwide sees higher wages give a small Spring boost to property market

Prices rose at a higher annual rate of 1.3% in May says lender

The Guardian - UK

Eurozone inflation jumps to 2.6%; UK house prices rebound; US PCE index lifts rate cut hopes – as it happened

Rolling coverage of the latest economic and financial news

International Business Times

Asian Markets Bounce After Tough Week As US Inflation Looms

Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year.

Fortune

Americans' economic pessimism contains a strange paradox: They're feeling great about their own personal finances

Americans’ confidence in their own personal finances is as strong as their pessimism about the rest of the economy.

Top News

US Economy Grows At Sluggish 1.3% Rate In Q1

Explore the impact of slow GDP growth, high inflation, and uncertain future projections on the U.S. economy in Q1 2022.

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