Tags: Inflation

Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations

Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations

The US dollar tumbled to multi-month lows on Thursday following a slowdown in US core inflation, which was its slowest pace in three years.


Wall Street Records Historic Highs for Stock Market as US Inflation Rate Drops to 3.4%

Wall Street hits record highs as US inflation slows to 3.4%, sparking optimism among investors, although concerns linger about potential consumer spending gaps amid weaker-than-expected retail sales growth.

Joe Biden Makes False Inflation Claim Again, Renewing Criticisms—Here's The Truth

US President Joe Biden makes a false inflation claim again. His remarks drew attention and received criticism on social media.

US Small Business Confidence Ticks Up for First Time in 2024, But Inflation Remains a Headache for Owners

US small business confidence improved in April, but inflation remains a top concern for owners, according to a new survey.


Latest News

Joe Biden's Chances of Winning Reelection Damped by Persistent Inflation Fears, New Poll Shows
Concerns about inflation are reducing President Joe Biden's chances of winning reelection, a new poll shows.
The New York Times 2015 DealBook Conference
Billionaire investor Stanley Druckenmiller expresses dissatisfaction with the Biden Administration's economic policies, criticizing Treasury Secretary Yellen and Fed Chair Powell and blaming rising inflation on government spending.
Citigroup CEO Shares How Inflation Affects Consumer Behavior; Jane Fraser Says Low-Income Americans Now More Cautious With Spending
Citigroup CEO Jane Fraser said she's seeing a "K-shaped consumer" as the U.S. inflation continues. Here's what she meant by that.
Fast Food Chains Like McDonald’s, Burger King, Starbucks, Warring to Offer Best Deals for Customers: Here's All The Details
Inflation is causing distress among low-income Americans, reflected in reduced consumer spending and heightened price sensitivity, prompting concerns from major corporations like McDonald's.
Oil Prices Expected to Rise as Israel Responds to Iran's Missile, Drone Attack
The World Bank warns that escalating conflicts in the Middle East could push oil prices over $100 a barrel, potentially increasing the recent decline in global inflation and worsening economic challenges worldwide.
[SURVEY] 85% of Americans Who Max Out Credit Cards Blame Inflation, Leading To $10K To $30K CC Debt
A new survey revealed that 85% of Americans who max out their credit cards blame the U.S. economic inflation.
Small Business Optimism Hits Its Lowest Level Since 2012 as Inflation Fears Mount
Small business optimism has reached its lowest level since 2012 as inflation fears persist. Small business optimism has reached its lowest level since 2012 as inflation fears persist, according to a National Federation of Independent Business (NFIB) survey.
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.
McDonald's admits losing customers because lower-income Americans prefer to cook at home instead of dining out.
A notable shift is occurring in the ongoing blame game surrounding inflation, with voters increasingly pointing fingers at big corporations rather than to President Joe Biden.
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