Stocks turn higher as investors await more earnings results, inflation data

Wall Street’s key benchmarks crept upward Tuesday after U.S. stocks started the week lower in a choppy session wrought by mixed corporate earnings and renewed Federal Reserve worries ahead of…

Americans Across Party Lines Are Feeling the Effects of Inflation: Survey | Economy

Nearly 8 in 10 Americans expect inflation to increase over the next six months, according to a Gallup poll released Wednesday, suggesting that an issue predominantly emphasized by Republicans that…

Ray Dalio warns Fed’s hands are tied and higher U.S. inflation is sticking around. Democracy, maybe not.

As an investor, Ray Dalio eyes the rearview mirror to see what’s ahead. If this paradox makes sense, then you likely agree with the view of history that those who…

Turkey raises minimum wage by 50% to help workers hit by soaring inflation

President Recep Tayyip Erdogan announced a 50 per cent rise in the country’s minimum wage in an effort to protect the Turkish people from soaring inflation just hours after the…

I’m ‘significantly concerned about inflation’

Inflation in the U.K. has hit a 10-year high in the 12 months leading up to November, while last week the Labor Department reported U.S. prices rose at their fastest…

What the Fed has going for it as inflation surges, tightening looms: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, December 16, 2021…

Stocks pare earlier gains with Omicron, inflation in focus

Stocks turned lower Wednesday afternoon as more hawkish remarks from Federal Reserve Chair Jerome Powell compounded with concerns around the Omicron variant and its impacts on the economy. The S&P…

Bars, restaurants caught between inflation, supply crisis and labor crunch as rebound ‘runs its course’

Restaurant operators and workers across the U.S. are struggling to rebound from the pandemic, and are battered by a lack of staff, skyrocketing prices and supply shortages. Paula Tejeda is…

Former Obama economic aide: I ‘warned’ Democrats about inflation, wonders how Biden got it ‘so wrong’

Media top headlines November 17 In media news today, NPR gets slammed over story highlighting ‘disappointment over Boston electing Asian woman mayor, PolitiFact doubles down on widely mocked ‘fact-check’ on…

Stocks drop as inflation concerns overshadow strong retail earnings; Dow sheds 211 points, or 0.6%

Stocks were mostly lower Wednesday to hover below record levels, as investors digested a set of solid corporate earnings results from more major retailers.  The S&P 500, Dow and Nasdaq…