It’s rough out there. Like, really rough. Even before this week, stocks were off to their worst start to a year since 1939. The EU and UK are on the verge of recession, yet we have 8 hikes priced in b...
Tag: Inflation
Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images Federal Reserve Chairman Jerome Powell warned Thursday that...
Senate Confirms Fed Chair Jerome Powell To Second Term As Inflation Spikes And Markets Collapse
Topline The Senate on Thursday confirmed President Joe Biden’s appointment of Jerome Powell to a second term as Federal Reserve Chair, solidifying the central bank’s top leadership as it raises ...
Home Depot & Lowe’s: Do-It-Yourself Profits
Miniature model house standing on a heap of dollar bills. Photo with clipping path.Some similar … [+] pictures from my portfolio: getty There are few industries in which just two companies hold ...
Gasoline, diesel prices rise to another record amid rampant inflation
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by regi...
Bitcoin Briefly Falls Below $30,000 as US April Inflation Level Announced
Yuri Molchan Leading digital currency briefly goes below $30,000 level on new CPI report, while $406 million liquidations occur on the market within one hour Bitcoin has demonstrated a loss of 4% of i...
Stocks and Bitcoin fall in unison as inflation numbers spook markets
The S&P 500, Dow Jones Industrial Average, and the Nasdaq are now far below where they started the year, declining 17.96%, 12.99%, and 29.26%, respectively, before the market opened on May 12. Nu...
Dow Jones Futures: Stock Market Sells Off On Hot Inflation; This Should Worry Investors
Dow Jones futures rose overnight, along with S&P 500 futures and Nasdaq futures. The stock market sold off Wednesday on hotter-than-expected CPI inflation data, with the S&P 500 and Nasdaq bre...
Bitcoin (BTC) Slips To Near $28K In Minutes After U.S. Inflation
Bitcoin (BTC) sank below $30,000 on Wednesday, minutes after data showed U.S. inflation was higher than expected in April. BTC dropped over 6% from intraday highs, and fell as low as $29,100. Other ma...
Testing Time For Crypto Market, As US Inflation Data Is Expected To Be Out Today! – Coinpedia – Fintech & Cryptocurreny News Media
The cryptocurrency market has been carpeted by bearish roar for more than a month now. It started with the Federal Reserve’s first meeting that said there will be an increase of interest rates upto 75...
8.3% U.S Inflation CPI Causes Panic Among Investors, Bitcoin Drops Further
2 hours ago | 2 mins read Editors News With Bitcoin’s price falling, miners may be in for a rough ride as well. After the readings, other major cryptocurrencies also went negative for the day. Minutes...
Crypto Markets Could Rally Today On U.S. Inflation Data, Here’s Why
Crypto markets, which have been severely battered in recent weeks, could see a relief rally on Wednesday if U.S. inflation data is favorable. Total crypto market capitalization has sunk by nearly $500...
Stock market’s dismal performance is ‘part of the fight against inflation,’ Jim Cramer says
CNBC’s Jim Cramer said Wednesday that while the hot consumer price index suggests the Federal Reserve is losing in its struggle against inflation, the dismal performance of stocks, particularly ...
Bitcoin Briefly Falls to $29k as Headline Inflation Slows to 8.3%
The Labor Department’s most recent Consumer Price Index (CPI) report showed headline inflation down for the first time since November 2020. Bitcoin’s price did not react kindly to the news, immediatel...
Stock futures are little changed following hot inflation report
Stock futures were slightly higher Wednesday evening after the latest CPI data showed inflation is still running hot. Futures tied to the Dow Jones Industrial Average added 17 points, or 0.05. S&P...
Dow Falls 300 Points As Red-Hot Inflation Report And Sinking Tech Stocks Drag Markets Lower
Topline The stock finished lower yet again on Wednesday after consumer prices came in higher than expected, and although experts think inflation may have peaked, the Federal Reserve may still need to ...
Upstart Nose Dives As Investors Realize Inflation Is Part Of The Picture
Airplane – Like Upstart — Is Nose Diving Bettmann Archive To learn how to improve your results in the market dramatically by buying options on stocks like Ford and Tesla TSLA , take a two-week t...
U.S. inflation stood at 8.3% in April: is 75-bps back on the table?
U.S. inflation was up 8.3% in April from a year ago, reported the Bureau of Labour Statistics on Wednesday. The reading represents a marginal decline from March. Economist reacts to the inflation read...
Crypto Sinks Lower Despite News of Falling Inflation Rates
Key Takeaways Today, the U.S. annual inflation rate came at 8.3%, slightly above economists’ expectations but 20 basis points lower than the March numbers. The prevailing sentiment among economi...
Stocks Rebound After Inflation Moderates Slightly, Giving Investors Hope That Prices May Have Peaked
Topline The stock market rallied on Wednesday even after consumer prices came in higher than expected, and although experts think inflation may have peaked, the Federal Reserve may still need to raise...
2 Dividends That Crush Inflation Right Now
Increasing inflation as 3D concept, 3D illustration. getty The retirement-income battle never ends! In 2020 and 2021, we were terrified of dividend cuts. Now we’re sweating soaring inflation! The good...
Inflation Falls – Trustnodes
The inflation rate has finally fallen for the first time in a year to 8.3% from 8.5% in March according to the just released data by the US Bureau of Labor Statistics. Energy costs saw one of the bigg...
Inflation Spiked 8.3% In April—Have Surging Prices Finally Peaked?
Topline Though stronger than expected, the rate of inflation in April slowed for the first time in eight months, but experts still aren’t sure how long it will take for prices to return to normal leve...
Is the dollar index (DXY) a buy ahead of US inflation data?
The US dollar index (DXY) retreated slightly on Wednesday as investors waited for the upcoming American consumer inflation data. It is trading at $103.56, which is slightly below the year-to-date high...
China’s consumer prices climb as Covid prompts food stockpiling
Fresh vegetable prices rose by 24% year-on-year in April as consumers stocked up to prepare for potential stay-home orders. Pictured here is a delivery driver for Alibaba’s Hema Fresh supermarke...
Stock futures drift ahead of inflation data
U.S. stock futures opened flat Tuesday evening, as investors looked ahead to a key report on the state of inflation in the U.S. to help clarify the path forward for monetary policy. A key datapoint du...
April’s consumer price index report expected to show inflation has already peaked
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show ...
Stock futures dip slightly ahead of key inflation reading
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, April 28, 2022. Brendan McDermid | Reuters Stock futures dipped in overnight trading Tuesday ahead of a key inflation ...
No, the markets are not panicking about inflation
If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the re...