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Financial services

Stock market stumbles as inflation rate climbs

May 13, 2021

The rate of inflation during the past year has jumped to 4.2 percent. Image: Unsplash

 

By Katie Tamola

With the Dow Jones Industrial Average seeing its worst week of 2021, investors are wondering if this is a blip on the radar or signs of an imminent continued loss.

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  1. Brioni launches anniversary capsule at Bergdorf Goodman
  2. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  3. Dior dives into French Riviera with escapist fragrance
  4. Veuve Clicquot debuts après-ski activations
  5. Dior, Rizzoli to release book on Lady Art project
  6. Piaget fetes sixth year of USPA Gold Cup sponsorship with new timepiece
  7. US luxury car market expected to double in next decade: BCG
  8. Savannah College of Art and Design debuts SCAD LUXE research center
  9. Hermès showcases the surreal for spring campaign
  10. Pratesi continues retail push with new Boston boutique
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