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
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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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 18h -
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 - 17h -
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 against the Angels.ESPN - 2h -
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 - 2d -
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 - 2d -
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 - 21h -
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 - 15h -
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 - 1d -
German inflation stays level at 2.3% in February
Yahoo News - 1d -
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 -
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 - 5d -
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. - 23h -
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 - 5d -
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 - 1d -
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 - 1d
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How Zelensky’s Oval Office Meeting Turned into a Showdown With Trump
The question hovering over Washington was whether the confrontation was a spontaneous outburst or a planned verbal smack down.The New York Times - 1h -
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 - 5h -
Judge Blocks Trump’s Plan to End Funds for Trans Youth Health Providers in 4 States
The states — Washington, Oregon, Minnesota and Colorado — had sued to block President Trump’s plan to withhold federal funds from hospitals that offer transgender treatment to people under 19.The New York Times - 1h -
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 - 10h -
Pentagon Sending Combat Forces to Help Secure Border
The troop mobilization indicates that President Trump is breaking with recent presidents’ practice of limiting deployments along the U.S.-Mexico border mostly to small numbers of active-duty ...The New York Times - 18m
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