Wholesale prices pop and point to persistent inflation pressures in guts of the U.S. economy
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Wholesale prices jump to a 3.5 percent annual increase
Wholesale prices moved up 0.4 percent in January to hit a 3.5-percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter of ...The Hill - 1h -
Producer prices report points to softer Fed inflation measure than feared
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.CNBC - 1h -
How fast is the UK's economy growing?
How the health of the UK economy is measured, and why the GDP calculation matters.BBC News - 6h -
DOGE Has Started Gutting a Key US Technology Agency
At least dozens of workers at the Technology Transformation Service were fired on Wednesday, a day after similar sudden cuts at the Consumer Financial Protection Bureau.Wired - 16h -
Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.The New York Times - 20h -
Emergency declared on a second Greek island as a string of earthquakes persists
Authorities have declared a state of emergency on a second Greek island as a series of earthquakes continued to rattle the south-eastern Aegean Sea regionABC News - 21h -
Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned
Exclusive: Dozens of congressional Democrats urge president to reconsider threatened import duties on US’s two largest trading partners. Pressing ahead with steep tariffs on Canada and Mexico ...The Guardian - 1d -
January inflation in Germany drops due to some lower fuel prices
Yahoo News - 7h -
US inflation unexpectedly increases
US inflation increased by more than expected last month, pushing up the cost of living for Americans.BBC News - 12h -
‘Stagflation-lite?’ Economy may face fresh threat of slower growth and rising inflation.
Trump vows to unleash the U.S. economy, but his agenda is creating lots of uncertainty.MarketWatch - 16h -
US inflation unexpectedly increases to 3% in January
Figure bolsters case for Federal Reserve proceeding slowly with interest rate cutsFinancial Times - 18h -
‘No signs of slowing’: US egg prices soar as avian flu rips across farms
Wholesale prices have doubled over the past year as culls to stop spread of virus prompt shortages and rationingFinancial Times - 19h -
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.CNBC - 21h -
Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.NBC News - 21h -
New inflation numbers are at odds with Donald Trump’s promise to lower prices
The president repeatedly claimed he would lower prices during the election campaign, but that’s not an easy task. Inflation gains speed despite Trump vow to ‘rapidly’ cut prices As tens of ...The Guardian - 23h -
Inflation hotter than expected in January, consumer price index shows
The consumer price index shows that inflation accelerated in January at a pace economists weren't forecasting, rising 3% on an annual basis and 0.5% monthly. CBS News MoneyWatch correspondent Kelly ...CBS News - 1d -
Watch live: Powell testifies before House on state of US economy
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...The Hill - 1d -
Inflation heats up, adding pressure on Trump over vow to lower prices
Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda.NBC News - 1d -
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation ...NBC News - 1d -
Inflation picks up speed after Trump promised to ‘rapidly’ bring down prices
Consumer price index rose by 3% in January as president has yet to fulfill pledge of tackling high cost of living. New inflation rate at odds with Trump’s promise to lower prices Inflation ...The Guardian - 1d -
Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.CNBC - 1d -
Illinois uses Jakucionis’ 24 points to help blunt UCLA comeback bid in 83-78 win
Kasparas Jakucionis scored 24 points and Tomislav Ivisic scored 16 points and Illinois held off UCLA for an 83-78 win over UCLA on Tuesday night to end the Bruins’ seven-game win streak.Yahoo Sports - 1d -
EU weighs temporary gas price cap to counter diverging costs with US
Proposal draws backlash from industry, warning it could damage ‘trust’Financial Times - 1d -
Musk’s ‘Doge’ guts nearly $1bn in US education department’s research office
Cuts in effect wipe out Institute of Education Sciences, one of the country’s largest funders of education research. Elon Musk and the Trump administration ’s so-called “department of government ...The Guardian - 1d -
The case for persisting with foreign aid
Until now, the US has been a strikingly benign and successful hegemonFinancial Times - 1d -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest on tariffs and executive ordersFinancial Times - 2d -
Fast food and the K-shaped economy
Plus more on energy and inflationFinancial Times - 2d -
From begging on the streets to K-pop star - how one North Korean man made it to the US
The first K-pop boy band with North Korean members aims to debut in the US later this year.BBC News - 2d -
Wholesale egg prices have 'blown way past' record highs, analyst says
Wholesale egg prices are on the rise amid a bird flu outbreak.CNBC - 2d -
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.CNBC - 2d -
US metals prices soar to big premiums ahead of Trump tariffs
Traders pay up to secure copper, steel and aluminium supplies before US president’s levies come into effectFinancial Times - 2d -
Trump reimposes "maximum pressure" campaign against Iran
President Trump has restored his "maximum pressure" campaign against Iran as Iranians mark 46 years since their Islamic revolution. Jamil Jaffer, founder and executive director of the National ...CBS News - 3d -
Postecoglou backs players amid growing pressure
Two cup exits have left Tottenham staring at the prospect of another trophyless season and Ange Postecoglou facing perhaps his biggest crisis at the club.ESPN - 3d -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest data on how the country’s economy is performingFinancial Times - 3d -
Elon Musk’s gutting of US agencies is illegal, experts say. How do you muzzle Doge?
World’s richest man has unleashed a flurry moves ranging from compromising Americans’ private data to nearly upending USAid. Where does it stop?. In 2022, the Pentagon proudly announced a ...The Guardian - 3d -
Trump Says He Might Use U.S. Transit Agency to ‘Kill’ Congestion Pricing
In an interview with The New York Post, President Trump said that congestion pricing hurt New York City but indicated that he was still talking with Gov. Kathy Hochul.The New York Times - 3d -
Is US inflation on the way down?
Market Questions is the FT’s guide to the week aheadFinancial Times - 4d -
Who is helping Elon Musk gut the US government?
The billionaire’s cost-cutting ‘Doge’ staff includes wealthy executives, far-right ideologues and young engineers. Elon Musk’s rapid attempt to defund and depopulate the federal government has ...The Guardian - 5d
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