US labor market rebalancing, economy slowing further  Yahoo FinanceStock Market Today: Dow Jones Falls On Jobless Claims; GME Stock Plunges 18%  Investor's Business DailyUS applications for jobless benefits come back down after last week's 9-month high  The Associated PressJobless Claims & Starts/Permits Down, Imports & WMT Up  Yahoo FinanceUS weekly jobless claims fall; labor market gradually easing  Investing.com

Social Security latest COLA update for 2025 increase: ‘Seniors will continue to suffer financial insecurity’  AL.com2025 Social Security COLA forecast rises as inflation stays elevated  USA TODAYThe 2025 Social Security Cost-of-Living Adjustment (COLA) Will Likely Be a Double-Edged Sword for Retirees. Here's Why.  The Motley FoolYou might get a bigger Social Security check next year. Here's why  Fox Business

Buckle up America: Powell says interest rates will stay high for now  Business InsiderJerome Powell says it's 'different this time'—and Americans and their mortgage rates are a key reason why  FortuneFed likely to keep rates higher longer, rate hike unlikely. Powell says  USA TODAYFed Chair Powell says inflation has been higher than thought, expects rates to hold steady  CNBCFed's Powell: PPI 'mixed,' next move unlikely to be a rate hike  Reuters

Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says  CNBCHigh debt levels put Europe at risk of 'adverse shocks', ECB warns  Financial TimesFinancial Stability Review, May 2024  European Central BankECB Warns of Stability Risks From Global Elections, Geopolitics  BloombergECB Says Risks to Financial Stability Have Eased as Threat of Recession Recedes -- 2nd Update  MarketWatch

Auto incentives are back — but high interest rates weaken deals for buyers  CNBCView Full Coverage on Google News

ECB's Villeroy Says Probability of June Rate Cut 'Significant'  Yahoo FinanceEuro Zone Wage Concerns Keep ECB Cautious on Rate Cuts  BloombergA premature ECB rate cut before the Fed has risks  Financial TimesInterest rates: the ugly dilemma facing Europe's central banks – and why it's a mistake to cut too soon  The Conversation IndonesiaECB's Centeno sees lower interest rates soon, no word on June decision  Reuters

Import prices post biggest increase in two years and add to U.S. inflation pressures  MarketWatchUS import prices increase by the most in two years in April  Yahoo FinanceDollar rebounds on hot U.S. import prices  CNBCUS Import and Export Price Indexes - April2024  Forex FactoryUS April import prices jump past forecasts on fuel costs  ShareCast

Mortgage rate cuts but borrowing pressure persists  BBC.comMortgages fall on hopes of summer rate cuts  The TelegraphNew hope for home owners as two major mortgage lenders cut their rates  Yahoo Finance UKBarclays reduces resi purchase-only rates by up to 39bps – Mortgage Finance Gazette  Mortgage Finance GazetteMortgage News: MPowered Chops Rates As Santander Raise Prices  Forbes

Jamie Dimon Sees a 'Lot of Inflationary Forces in Front of Us'  BloombergView Full Coverage on Google News

Have the US yields finally peaked?  ForexLive

Inflation relocation | E-News | West Virginia University  WVU ENews

Minnesotans are among the least likely to climb the income ladder in the U.S.  Star Tribune

Is the Recent Inflationary Spike a Global Phenomenon? - Liberty Street Economics  Liberty Street Economics -An analysis of postpandemic inflation in 11 economies | Brookings  Brookings InstitutionChicago Booth's Anil Kashyap forecasts prolonged inflation at higher level  CNBCTV18The world skirted a wage-price spiral, though "last mile" risks remain -research  ReutersUS High School Economics class. Global inflation and interest rates tracker: see how your country compares  Financial Times

Morning Bid: New highs hold as disinflation resumes, US cools  ReutersStock market open: Dow Jones on path for 40,000 benchmark  Yahoo FinanceS&P 500, Nasdaq extend record streak on renewed rate-cut hopes  ReutersS&P 500 Pushes Past Previous Record After Inflation Report  The New York TimesWall Street lets off the accelerator after setting records  Detroit News

Exclusive: Fed's Williams welcomes inflation data, not ready to seek rate cuts  ReutersCPI inflation report resets timing of Fed interest rate cuts  TheStreetFed not ready to cut yet even after CPI - Williams  Investing.comGrocery prices fall for first time in a year  The Hill

Car industry worker's rant about economy, inflation, foreign aid goes viral: 'the American Dream is dead'  Fox NewsTikTokker Nic Sumners struggles while making three times minimum wage  New York Post Man reveals he 'cannot afford to live' despite making over three times the minimum wage  UNILADMan on three times the minimum wage says he can't afford to live: 'The American Dream is dead'  Daily Mail'The American Dream is dead': Virginia man makes three times the federal minimum wage, but can't afford to live. Here are 3 ways to stretch your money, even when it feels impossible  MSN

What the US economy could look like with a Trump or Biden presidency  Business InsiderView Full Coverage on Google News

U.S. inflation data fuels bets of Fed rate cuts as early as September — but analysts aren’t convinced  CNBCRetail Sales And CPI Return Hope For A September Cut - RIA  Real Investment AdviceMarket pricing in two Fed cuts this year  MarketWatchMajor brokerages retain US rate-cut view after soft inflation data  Yahoo FinanceInterest-rate cuts potentially coming ahead of presidential election  Business Insider

Asia markets rise after Wall Street soars on soft inflation data; Japan GDP shrinks  CNBCDespite Inflation Concerns, Markets Keep Rising  The New York TimesMorning Bid: As CPI risk clears ... it's lift off!  ReutersAsia rides Wall St rally, dollar sags on inflation relief  Investing.com

China Sells Record Sum of US Debt Amid Signs of Diversification  BloombergView Full Coverage on Google News

US Economy: Inflation Battle Is Far From Over  BloombergInflation, Misguided Economics, and the Fed  The American Prospect

China’s Shenzhen metropolis sees fastest growth in millionaires globally  CNBC

Faisal Islam: Could the US economy be doing too well?  BBC.comIs it still the economy, stupid?  ABC NewsIs the Economy As Bad as Americans Think?  NewsweekThe Journal: Just how bad is the U.S. economy?  CrosscutIt's the economy, whatever that may mean  WORLD News Group

Japan's economy contracts as consumers and firms cut spending  The Japan TimesJapan's economy shrank more than expected in the first quarter  The Associated PressJapan’s economy contracts in first quarter  CNNJapan's economy skids, clouding BOJ's rate hike plans  Reuters

Chile's capital faces fiercest cold snap in decades  Reuters CanadaView Full Coverage on Google News

Today's CPI report took a Fed rate hike off the table, says NewEdge’s Cameron Dawson  CNBC TelevisionView Full Coverage on Google News

Mortgage Rates Back Under 7% After Inflation Data  Mortgage News Daily30-Year Fixed Mortgage Decreases: Mortgage Rates on May 16, 2024  CNETMortgage demand from homebuyers drops even as interest rates pull back to April lows  CNBCMortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices  MarketWatchLong-term mortgage rates retreat for second straight week, US average at 7.02%  Yahoo Finance

Here Come the HELOCs in Household Debt: Mortgages, Delinquencies, and Foreclosures  WOLF STREETHome equity levels are rising: 3 reasons to tap in now  CBS NewsUS homeowners are now sitting on record-setting $17 trillion in home equity — and these 5 West Coast housing markets account for nearly 25% of that staggering sum  Moneywise3 timely home equity loan benefits that HELOCs don't offer  CBS NewsYour Money Matters: Breaking down a home equity line of credit with David Hochberg  WGN Radio - Chicago

Biden cites erroneous inflation statistic to make his case about the economy  The Associated PressBiden has become detached from economic reality  The HillGuess which huge Biden lie CNN refused to fact-check  Fox NewsBiden-Trump Gaffe Tracker: Biden Gets 2021 Inflation Rate Wrong, Trump Bizarrely Riffs About Hot Dogs, Hannibal Lecter And Sinatra  Forbes

Credit card delinquencies are rising. Blame inflation, interest rates  USA TODAYDelinquency Is Increasingly in the Cards for Maxed-Out Borrowers - Liberty Street Economics  Liberty Street Economics -Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments  CNBCCredit card delinquencies surge, almost 1 in 5 users maxed-out: Research  The Hill

Fox & Friends calls inflation report that was in line with expectations a “nasty report”  Media Matters for AmericaKevin O'Leary warns latest CPI increase is a 'nasty report'  Fox NewsKevin O'Leary Explains the 'Hidden Tax on the Middle Class'  Yahoo FinanceShark Tank’s Kevin O’Leary ‘Loves’ Biden’s Debate Proposal to Trump: ‘Let’s Stop the Porn Star Wars!’  MediaiteKevin O'Leary Says Latest Inflation Numbers Are 'Nasty' For Biden's Reelection Chances  Daily Caller

Hoot of the Day, Biden Blames Grocery Stores for High Prices and Excessive Profits  Mish TalkDemocrats Ask Biden to Investigate Grocery Store Price-Fixing  TIMEPingree calls for lower food costs, President Biden asked to sign executive order to help  WGMEDems push Biden to act on food prices with inflation ranking as top issue ahead of election  Yahoo! VoicesPingree, Lawmakers to President Biden: Use Executive Authority to Lower Food Prices  Chellie Pingree

Argentina: Yearly inflation hits 290% as monthly rate slows  DW (English)Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home  The Associated PressArgentina monthly inflation seen back in single digits in April  Reuters CanadaInflation cools for fourth straight month  Buenos Aires Times