Inflation watch: Wholesale prices rose 0.2% in December, less than expected

• Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.

  Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...
  
  MarketWatch - 10h

• India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

  The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.
  
  CNBC - 1d
• 

  Boeing production in 2024 expected to be less than half of rival Airbus

  US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...
  
  The Guardian - 2d

• Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics

  As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...
  
  MarketWatch - 3d

• Stock market plunges after better-than-expected December jobs report

  The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...
  
  CBS News - 4d

• U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%

  Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.
  
  CNBC - 4d

• Private sector companies added 122,000 jobs in December, less than expected, ADP says

  Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.
  
  CNBC - 6d

• 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 - Jan. 7

• German inflation rises more than expected to 2.9% in December

  German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.
  
  CNBC - Jan. 6

• UK house prices rise more than expected in December

  Month-on-month increase of 0.7% takes average house price close to record high
  
  Financial Times - Jan. 2

More from CNBC

• Meta announces 5% cuts in preparation for 'intense year' — read the internal memo

  Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.
  
  CNBC - 1h

• Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says

  Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.
  
  CNBC - 2h

• Intel to spin off venture capital arm as chipmaker continues to restructure

  Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm.
  
  CNBC - 1h

• Budget deficit rose in December and is now 40% higher than it was a year ago

  For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a year prior.
  
  CNBC - 4h

• Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue

  President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.
  
  CNBC - 2h

More in Business

• 

  Trump Pentagon pick Hegseth nears US Senate approval after testy hearing

  Former Fox News host claims ‘smear campaign’ sought to halt his nomination, but he appears likely to secure votes
  
  Financial Times - 24m

• Elon Musk faces new SEC lawsuit over alleged misdeeds with Twitter purchase

  The SEC says Musk failed to notify the agency when his Twitter stake crossed 5%, allowing him to buy more stock “at artificially low prices from the unsuspecting public.”
  
  MarketWatch - 28m

• ‘I’ve never been happier’: I married a wonderful lady from Ukraine. I have two successful kids. Do I put my wife on the deed to my home?

  “We are now looking to downsize and move to another home and I’m wondering if we should put the new property in joint names.”
  
  MarketWatch - 39m

• ‘How can you fit your life in a car?’ After Pacific Palisades fire, Malibu business owners face a grim new reality

  When your neighborhood is destroyed by fire, what do you take with you? And how do you face the future?
  
  MarketWatch - 42m

• ‘The memories still exist’: Amber Ugarte on the loss of her Malibu home, built by her late fiancé, and why she’s not even close to giving up

  “The memories still exist,” Ugarte says, “but the property does not.”
  
  MarketWatch - 52m