What happened What happens in the Chinese gambling enclave of Macau really matters to casino resort-operator MGM Resorts International (NYSE: MGM). So it was good news for the company Tuesday when that nation's government announced a relaxation on quarantine restrictions for incoming travelers.
Yahoo Finance Live takes a look at several trending stocks, including Qualcomm indicating it will continue to be Apple's chip supplier for iPhones.
Consumer prices rose 8.6% in May, according to the Bureau of Labor Statistics, and there's no telling when the increase in prices will stop. Supply chain issues, increased money supply, and low interest rates have fueled inflation, and the worry is that it will be hard to stop. As investors, one of the best ways to combat inflation is investing in companies that have the pricing power to pass additional costs on to customers, or that may even see inflation as a tailwind.