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‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - 7h -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - 9h -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - 13h -
Death toll from the German Christmas market attack rises to 6
Prosecutors say the death toll in the attack on a Christmas market in the German city of Magdeburg last month has risen to six as a woman succumbed to her injuriesABC News - 1d -
German inflation rate climbs to 2.6% in December
Yahoo News - 1d -
German civil servants aim for 8% pay rise, flexible working hours
Yahoo News - 1d -
German leader is more worried about Musk's backing of a far-right party than his insults
German Chancellor Olaf Scholz says he's staying “cool” against critical personal comments made by Elon Musk but finds it worrying that Musk makes the effort to get involved in Germany's general ...ABC News - 3d -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - 5d -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - 6d
More from CNBC
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Honda reveals two new '0 Series' EVs to be produced in Ohio
The vehicles are the Honda 0 Saloon, which is an updated version of a concept car revealed last year at CES, and the Honda 0 SUV.CNBC - 4h -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - 5h -
Meta scraps fact-checking, brings back political content in latest Trump-friendly move
Meta announces intent to "restore free expression" on its platformsCNBC - 1h -
Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board
Meta employees internally criticized the company's decision to end third-party fact-checking two weeks before President-elect Donald Trump's inauguration.CNBC - 2h -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - 3h
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Mark Zuckerberg’s Political Evolution, From Apologies to No More Apologies
Meta’s chief executive has stepped away from his mea culpa approach to issues on his platforms and has told people that he wants to return to his original thinking on free speech.The New York Times - 18m -
Nvidia’s stock suffers worst drop in months as CES speech lacked one big thing
Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn’t mention Rubin, the company’s next chip family.MarketWatch - 21m -
If a choice between Denmark and the U.S. is put to Greenland’s voters, that’s happened before
President-elect Donald Trump’s repeated social-media messages about his desire for the U.S. to acquire Greenland have brought up the question of whether the Arctic country’s own citizens may end ...MarketWatch - 28m -
2024 Tried to Kill DEI. Could Costco Launch a Revival in 2025?
Conservative activists have successfully convinced companies such as McDonald’s and Walmart to shut down their DEI programs. Costco said no.Inc. - 32m -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - 38m