Bitcoin approaches $100,000 again as a cool inflation reading fuels risk appetite

• UK inflation unexpectedly cools to 2.5%, core price print slows further

  U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.
  
  CNBC - 9h

• Bitcoin swings back above $96,000, in stunning reversal, as light inflation data stokes risk appetite

  Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading.
  
  CNBC - 20h

• The US labour market is not cooling

  And replies on stablecoins
  
  Financial Times - 2d

• Reading Aloud

  Reading alone is a deeply enjoyable activity. But being read to has its own irreplaceable allure.
  
  The New York Times - 4d

• Labour’s economic reality check approaches

  Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicated
  
  Financial Times - 5d

• U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks

  An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.
  
  The Wall Street Journal - 5d

• 10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation

  The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.
  
  CNBC - 6d

• Bitcoin drops below $97,000 as Treasury yields pressure risk assets

  Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.
  
  CNBC - Jan. 7
• 

  Top Fed official warns of US inflation risk after Trump takes power

  Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffs
  
  Financial Times - Jan. 3
• 

  Venezuela announces $100,000 reward for capture of opposition candidate

  Edmundo González Urrutia had fled to Spain after Nicolás Maduro declared victory in July elections. Venezuelan authorities have announced a $100,000 reward for information leading to the capture ...
  
  The Guardian - Jan. 2

More from CNBC

• Here's the inflation breakdown for December 2024 — in one chart

  The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
  
  CNBC - 1h

• There's been a 'meaningful shift' in CEO confidence since Trump's election, says Goldman's Solomon

  The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.
  
  CNBC - 1h

• DoubleLine’s Gundlach says the Fed looks like Mr. Magoo, focuses too much on 'short-termism'

  "CPI month-over-month change has got the Fed zig-zagging," Gundlach said.
  
  CNBC - 1h

• The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum-ready' directive

  Quantum computing stocks rallied Wednesday after Microsoft urged businesses to get "quantum-ready" in 2025.
  
  CNBC - 51m

• JPMorgan Chase posts record profit as the bank’s massive scale pays off

  The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
  
  CNBC - 1h

More in Business

• Bristol Myers Squibb says Alzheimer's is the biggest market for new schizophrenia drug

  Bristol Myers Squibb plans to release initial late-stage trial data on Cobenfy in Alzheimer's-related psychosis during the latter part of the year.
  
  CNBC - 38m

• Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

  The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.
  
  CNBC - 39m
• 

  Zuckerberg Will Host a Party for Trump’s Inauguration

  Mark Zuckerberg, the Meta chief executive, is one of several tech leaders expected to play a high-profile role in celebrating the new administration next week.
  
  The New York Times - 46m

• Bond yield relief boosts 2 portfolio stocks — plus, a check on Eli Lilly after Tuesday's slide

  The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
  
  CNBC - 50m

• The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum-ready' directive

  Quantum computing stocks rallied Wednesday after Microsoft urged businesses to get "quantum-ready" in 2025.
  
  CNBC - 51m