PCE Report Showed Inflation Eased Slightly in January

January inflation eases in Fed’s preferred measure

Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...

The Hill - 17h

Here's what to know about today's inflation data from the PCE report

A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.

CBS News - 17h

Fed's favorite core inflation measure hits 2.6% in January, as expected

The PCE price index was expected to show an annual inflation rate of 2.5% in January.

CNBC - 16h

Hegseth confirms report on Trump easing rules on military raids, airstrikes

Defense Secretary Pete Hegseth confirmed Friday that he received President Trump’s approval to repeal restrictions on military raids and airstrikes, signaling a stark shift away from regulations ...

The Hill - 16h

Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members

Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.

CNBC - Feb. 21

Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze

The company’s earnings forecast for the fiscal year fell below analysts’ expectations.

Inc. - Feb. 20

What is the good news and bad news on new inflation report?

The Federal Reserve's key measure of inflation cooled slightly in January. The personal consumption expenditures price index, which measures price changes for consumers, rose .3% since last month ...

CBS News - 7h

Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show

Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.

The New York Times - Feb. 20

Pope's condition has slightly improved, Vatican says

The Vatican says the Pope's condition has improved as he spends an 11th day in hospital with double pneumonia.

BBC News - 4d

Vatican update on Pope Francis' health slightly improving

The Vatican says Pope Francis' health is slightly improving and its latest report has some positive news about his progress. CBS News' Chris Livesay reports.

CBS News - 2d

Trump eases rules on military raids and airstrikes

President Trump is giving U.S. commanders more leeway to authorize military airstrikes and special operational raids. Defense Secretary Pete Hegseth implemented the changes earlier this month while ...

CBS News - 7h

Ohtani eases shoulder concerns, homers in 1st AB

Dodgers star Shohei Ohtani's surgically repaired shoulder withstood its biggest test yet, as he crushed a fastball over the left-field fence in his first spring at-bat Friday night against the Angels.

ESPN - 3h

UK budget surplus for January falls short of expectations

Figures come as chancellor struggles to revive the economy, with business survey showing activity is stalling

Financial Times - Feb. 21

Willingness to ease off ‘debt brake’ may decide the German election

Rule dating from 2009 that limits borrowing looks vulnerable as main political parties promise to revive stalled economy. Germany is used to running its economy with the brake on. Ever since the ...

The Guardian - Feb. 21

Home sales drop sharply as prices hit an all-time high for January

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.

CNBC - Feb. 21

End of incentives wallop Canadian ZEV uptake in January following banner 2024

Yahoo News - 1d

Pending home sales drop to the lowest level on record in January

Home prices nationally are still higher than they were a year ago.

CNBC - 1d

FAA clears SpaceX for another Starship test flight after explosion in January

SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, the FAA announced Friday.

CNBC - 11h

A Trump DOGE Dividend Could Raise Inflation

President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.

The New York Times - Feb. 20

Is the Fed’s preferred measure of inflation set to fall?

Market Questions is the FT’s guide to the week ahead

Financial Times - 5d

Trump’s tariffs spook consumers weary of inflation

The high spirits that greeted the US president’s election triumph in November have faded

Financial Times - 3d

Majority of Americans say income not matching inflation: Poll

A majority of Americans say their income is not matching pace with inflation, a new survey found. According to the CBS News/YouGov poll released Thursday, 77 percent of respondents say their income ...

The Hill - 1d

Inflation Is Rising. What Will That Mean for Trump’s Tariffs?

Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?

The New York Times - 19h

German inflation stays level at 2.3% in February

Yahoo News - 17h

Dortmund eases past Sporting Lisbon as Champions League focus turns to Real Madrid and Man City

Borussia Dortmund’s routine elimination of Sporting Lisbon was a tame warmup for the Real Madrid-Manchester City showdown in the Champions League playoffs round Wednesday

ABC News - Feb. 19

UK develops AI CV-writing tool to ease pressure on job support staff

Plan will free up work coaches for more ‘valuable’ employment as ministers seek to cut welfare bill

Financial Times - 5d

M23 militia’s advance in eastern DRC has killed 7,000 since January, UN told

DRC prime minister tells human rights council fighting has left about 450,000 without shelter after camps destroyed. About 7,000 people have died in fighting in the east of the Democratic Republic ...

The Guardian - 4d

U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years

The threat of tariffs has led shoppers to tighten their purse strings.

Inc. - 12h

Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies

Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.

Inc. - Feb. 20

With tariffs ramping up, this investment option can provide protection against inflation

The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.

CNBC - Feb. 21

Just 1 in 3 approve of job Trump doing on inflation: Survey

Just 1 in 3 people approve of the job President Trump is doing to curb inflation, a survey released Sunday found. Thirty-two percent of respondents in the poll, released Sunday by Reuters and ...

The Hill - 4d