The Dow Jones Industrial Average declined for a sixth consecutive session Thursday, extending a streak of volatility in a market driven by worries that the Federal Reserve will hamper growth in its effort to bring inflation under control. The blue-chip index fell 103.81 points, or 0.3%, to 31730.30. The S&P […]
inflation
By Tommy Wilkes LONDON, May 18 (Reuters) – A rebound in stocks ran out of steam on Wednesday as concerns about the economic growth outlook and rising inflation knocked sentiment, while a UK inflation reading of 9% underlined just how much higher interest rates might be headed. Asian stocks managed […]
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Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable Register now for FREE unlimited access to Reuters.com Register TORONTO, April 21 (Reuters) – The Bank of Canada could consider a larger rate increase than the half-point move it […]
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U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register NEW YORK, April 11 (Reuters) – An aggressive Federal Reserve, soaring inflation and geopolitical uncertainty from the war in Ukraine are muddying the outlook for the upcoming […]
Conagra Brands Inc.’s finance chief is spending more time analyzing data on the availability of trucks and chicken as the company calculates future price increases. The Chicago-based maker of Healthy Choice frozen meals and Hunt’s ketchup has increased prices across many products almost every month since last May as it […]
Surging inflation has Americans reconsidering how they spend their money. The Consumer Price Index, which measures a wide-ranging basket of goods and services, jumped 7.9% in February from 12 months prior. Prices are going up on everything from the food you put on the table to the gas that powers […]