Inflation Hangs Around Slowing Rate Cut Pace
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Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - 1d -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - 3d -
Keir Starmer’s poll ratings leap after Trump withdraws support for Ukraine
Around 30% of voters say they prefer Labour for dealing with ‘allies against threats to the UK’ in boost to party leader. Keir Starmer’s approval ratings have shot up since Donald Trump returned to ...The Guardian - 2d -
Indiana Jones And The Great Circle Gets PS5 ESRB Rating As Release Date Leak Emerges
A new ESRB rating for Indiana Jones and the Great Circle could indicate that the game's PlayStation 5 launch is just around the corner. Though the ESRB rating itself doesn't provide a release ...GameSpot - 1d -
Japan revises fourth-quarter GDP lower, complicating BOJ's interest rate outlook
Japan's economic growth slowed to 2.2% on an annualized basis in the fourth quarter as the country grapples with tepid domestic demand.CNBC - 14h -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - 4d -
Here’s how ‘DOGE’ cuts, safety fears and a slowing economy are combining to hurt airlines
American Airlines now sees a much bigger Q1 loss, and Southwest said less government travel hurt revenue.MarketWatch - 4h -
Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI
Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs.CNBC - 16h -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 5h -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - 1d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 3d -
Ukraine loses ground in Kursk as US cuts off support
Moscow’s troops gain territory around the Russian town of Sudzha ahead of crucial talks between Kyiv and Washington this weekFinancial Times - 2d -
‘If you don’t get early years right, children are unlikely to catch up’: why South Africa is trying to reboot its school system
With 80% of 10-year-olds unable to read for meaning, the government is prioritising literacy and numeracy among pre-school pupils as it tackles its education problems. When she noticed children ...The Guardian - 13h -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 7h -
How Foreign Aid Cuts Are Setting the Stage for Disease Outbreaks
Organizations funded by the United States helped keep dangerous pathogens in check around the world. Now many safeguards are gone, and Americans may pay the price.The New York Times - 2d -
How a Classic French Dish Is Squeezed by Lingering Inflation
Businesses across Europe, including restaurants in Paris that make the dish, are being squeezed by sticky inflation.The New York Times - 2d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 2h -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 1d -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 1d -
'Parasite' director Bong Joon Ho's new film, 'Mickey 17,' off to a slow box office start
The sci-fi thriller is director Bong Joon Ho's first film since the Oscar-winning "Parasite" in 2019. But it has had a slow start at the box office.Los Angeles Times - 2d -
Is it worth it to get a HELOC rate lock? What the experts say
A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.CBS News - 4h -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 6h -
Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - 1d -
Hyman scores twice and Oilers hang on to edge Stars 5-4
Zach Hyman had two goals and an assist and the Edmonton Oilers hung on to beat the Dallas Stars 5-4ABC News - 2d -
Small business optimism falls at fastest pace in 5 years: NFIB
Small business optimism is faltering as stock markets are dropping and a range of macroeconomic and policy uncertainties are weighing on the business outlook. The National Federation of Independent ...The Hill - 4h -
PGA Tour: No news on reunification with LIV, but pace-of-play changes are coming
Commissioner Jay Monahan gave few specifics on the fractured state of golf ahead of The Players Championship.Yahoo Sports - 2h -
Airline CEOs warn domestic travel demand is slowing
Airline CEOs say economic uncertainty and a drop in government travel is driving down domestic travel demand.CNBC - 40m -
Alex Ovechkin goals tracker: Capitals star nine away from breaking Wayne Gretzky's all-time NHL record
At his current pace, Ovechkin could surpass 'The Great One' before the end of the seasonCBS Sports - 1d -
NTSB calls for permanent helicopter flight restrictions around Washington airport after fatal collision
The National Transportation Safety Board is seeking more flight restrictions on helicopters at around Ronald Reagan Washington National Airport.CNBC - 50m -
Inflation worries resurfaced even before Trump ramped up tariffs. CPI report likely won’t ease the angst.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 50m -
Avocado grower Mission Produce says it will try to work around Mexico tariffs, but holds off on predicting exact impact
Avocado grower Mission Produce Inc. on Monday said it would try to work around any tariffs on imports from Mexico, but its outlook for the months ahead didn’t include the impact of those extra ...MarketWatch - 19h -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - 4d -
Gene Hackman’s final days marked by isolation: ‘Slowing down and reclusive’
The actor was likely alone in his house for days, disoriented and too frail to seek help, after death of wife Betsy Arakawa. The actor Gene Hackman and his wife, Betsy Arakawa, who were found dead ...The Guardian - 1d -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - 3d -
Stock Market Has Worst Weekly Drop in Months as Tariffs Hang Over Wall St.
Investors are worried about the economy and whether tariffs on America’s largest trading partners will stifle growth.The New York Times - 3d -
West Virginia hangs on to beat UCF 72-65 after almost blowing 25-point second-half lead
Javon Small scored 25 points, freshman Jonathan Powell scored 12 of his 15 in the second half and West Virginia held off UCF 72-65 on Saturday after nearly blowing a 25-point lead in the final 20 ...ABC News - 2d -
PGA Tour to allow distance measuring after Masters, test new pace-of-play policies before implementation
Some changes to help the speed of play are coming to the PGA Tour soonCBS Sports - 2h -
Israel says it is cutting off its electricity supply to Gaza
Israel has cut off the electricity supply to GazaABC News - 1d -
Coming soon: Lower GST rates in India
Also in this newsletter: the (un)ease of doing business, and Kaustubh Kulkarni’s mantraFinancial Times - 18h -
Israel cuts off electricity supply to Gaza
Israel says it is cutting off its electricity supply to Gaza, a week after Israel cut off all supplies of goods to the territory to over 2 million people.NBC News - 1d