Economy
Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Fears
U.S. consumer sentiment plummeted to a new low of 44.8 in May, driven by high gas prices and escalating inflation concerns linked...
#Inflation 128 articles
Markets
21% Gas Price Approval: Midterms Drive Retail Investment Shift
With only 21% approving of President Trump's gas price handling, consumers are tightening budgets, driving strong sales for discount retailers like Walmart...
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.
Economy
Global Factory Activity Sags as Inflation Drives G7 Bond Yields to Two-Decade High
Global factory activity is slowing or contracting due to persistent inflation and a war-induced energy crunch, pushing G7 sovereign bond yields to...
Finance
ECB Credibility Hinges on June Rate Hike, Stournaras Warns
ECB Governing Council member Yannis Stournaras states a June interest-rate hike is likely inevitable to preserve the bank's credibility amid worsening inflation...
Stocks
Pump Prices Jump 30% Ahead of Memorial Day, Storage Concerns Rise
U.S. gasoline prices averaged $4.55/gal on Friday, nearly 30% higher than last year, ahead of Memorial Day. Tightening storage levels suggest prices...
Economy
Walmart Uses Tariff Refunds for Price Cuts as Shoppers Feel Gas Price Squeeze
Walmart plans to use tariff refunds to lower prices, responding to consumer stress from rising gas costs. CFO John David Rainey noted...
Economy
UK Inflation Dips to 2.8%, but Analysts Foresee Future Rise
UK inflation unexpectedly fell to 2.8% in April, driven by lower energy bills. However, experts predict a rebound to around 4% by...
Stocks
Asian Shares Dip as Bond Yields Pressure Tech Rally
Asian markets mostly declined, mirroring Wall Street's retreat as rising bond yields dampened enthusiasm for technology stocks and raised inflation concerns.