PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.
Read more at The New York Times
-
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 - 21h -
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 - 21h -
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 - 20h -
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 - 20h -
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 - 11h -
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 - 11h -
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 - 7h -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial 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 - 15h -
Special counsel who prosecuted Hunter Biden quietly resigned in January
David Weiss stepped down as both a U.S. attorney and special counsel three days before President Donald Trump's inauguration.NBC News - 9h -
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 aheadFinancial Times - 6d -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial 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 - 23h -
German inflation stays level at 2.3% in February
Yahoo News - 21h -
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 WednesdayABC 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 billFinancial Times - 5d -
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 -
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.The New York Times - 3d -
Americans say incomes not keeping up with inflation — CBS News poll
Americans express concern about their ability to pay bills and save money.CBS News - 1d -
Treasury yields fall as investors await Fed’s favorite inflation measure
U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.CNBC - 23h -
German inflation stays unchanged at hotter-than-expected 2.8% in February
The February print compares to a 2.7% estimate from economists surveyed by Reuters.CNBC - 22h -
Inflation in France hits its lowest level in four years in February
Yahoo News - 20h -
Inflation didn’t get any worse. When will it start going down again?
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.MarketWatch - 15h
More from The New York Times
-
JD Vance, Positioning Himself as Trump’s Attack Dog, Berates Zelensky at Oval Office
The remarkable scene of a vice president injecting himself into a tense diplomatic discussion suggested that JD Vance does not want to be relegated to the B-team of the Trump administration.The New York Times - 5h -
In Showdown With Zelensky, Trump Takes Offense on Putin’s Behalf
Never in the past few decades at least has an American president engaged in such an angry, scathing attack on a visiting foreign leader in the Oval Office.The New York Times - 7h -
Musk and Republican Lawmakers Pressure Judges with Impeachment Threats
Democrats say the calls to remove judges who block Trump administration initiatives amount to intimidation. Some senior Republicans were also skeptical of the effort.The New York Times - 2h -
Federal Workers Again Receive Email Asking Them to Detail Accomplishments
Elon Musk sowed chaos across the government just days ago by asserting that failure to comply with a similar directive would result in their dismissals.The New York Times - 6h -
Democrats See Political Opening in G.O.P. Budget as Republicans Eye Medicaid Cuts
Democrats are rerunning the playbook that won them control of Congress in 2018, focusing on the cost of the G.O.P.’s tax cut plan for ordinary Americans, particularly when it comes to health care.The New York Times - 4h
More in Top stories
-
Kurdish Insurgent Group Declares Cease-Fire in Conflict With Turkey
The group, the P.K.K., made its declaration days after its long-imprisoned leader urged the movement to disarm and disband, but there are still many questions about the prospects for ending 40 ...The New York Times - 17m -
Eye on America: Exclusive look inside the intense training of U.S. Marshals
In Pennsylvania, we get an exclusive look at how the U.S. Marshals Fugitive Task Force trains to apprehend some of the country’s most wanted criminals. And in Texas, we learn how lawmakers and ...CBS News - 33m -
The New American Gun Store: Grips, Grenade Launchers and Ramen Noodles
A new crop of retailers is profiting more from limited-edition accessories that sell out in minutes, and promoting lifestyle gear to women, minority gun owners and the L.G.B.T.Q. community.The New York Times - 42m -
Pilates, painting and bike rides: Gene Hackman's life in Santa Fe
After leaving Hollywood, Gene Hackman retired in Santa Fe, New Mexico, where he became a fixture in the community.BBC News - 48m -
'It's going to be a short game!' Mulder bowls Root
South Africa's Wiaan Mulder removes Joe Root's off-stump to leave England in trouble at 103-5 in their ICC Champions Trophy match in Karachi.BBC News - 57m