Wholesale Prices Rose 04 in January More Than Expected
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Key takeaways from January's consumer price index report
The latest CPI report reveals a 3% increase in prices compared to last year, with eggs being just one of the many items seeing higher costs. CBS News Moneywatch correspondent Kelly O'Grady breaks ...CBS News - 1h -
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 -
Egg prices expected to go even higher due to shortage from bird flu
The Department of Agriculture says egg prices could go up another 20% this year as bird flu outbreaks continue to fuel a supply shortage. CBS News MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1h -
Trump's third-term musings seem more a tease than a pledge
President Donald Trump has just started his second term, the last one permitted under the U.S. ConstitutionABC News - 8h -
Why U.S. Consumer Prices Increased More Than Expected in January
Businesses may have raised prices in anticipation of new tariffs imposed by the Trump administration.Inc. - 22h -
Wholesale prices pop and point to persistent inflation pressures in guts of the U.S. economy
Wholesale prices rose sharply in January, in another sign of lingering inflationary pressures in the economy that will keep high U.S. interest rates from falling much anytime soon.MarketWatch - 2h -
Hertz’s stock slammed by wider-than-expected loss after company sold off 30,000 EVs
The company is developing a “comprehensive strategy that will enable us to operate more efficiently.” That means fewer electric vehicles.MarketWatch - 2h -
January inflation in Germany drops due to some lower fuel prices
Yahoo News - 7h -
Intel’s stock is on a run not seen in more than two decades
Intel’s stock has enjoyed a strong three-day rally, fueled by a hospitable political climate and analyst commentary about its CPU business.MarketWatch - 12h -
Egg prices shot up 15% in January as retailers limit customer purchases
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.CBS News - 14h -
More than 100 sites across England bid to become ‘new towns’
Sir Keir Starmer claims some will be under construction by end of the current parliamentFinancial Times - 17h -
Egg prices hit record $4.95 per dozen in January
An average price for a dozen eggs in U.S. cities hit a record of $4.95 last month, according to data published Wednesday by the Bureau of Labor Statistics. The price tag for a dozen grade A, large ...The Hill - 19h -
CPI Report: Inflation Rose Unexpectedly in January
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.The New York Times - 19h -
List: The more than 500 JOANN stores expected to close amid second bankruptcy filing
When JOANN filed for bankruptcy last month, the company said it expected all of its stores to remain open.The Hill - 22h -
Why the options market is hotter than ever and could be on track for more records
Options trading volume hit a fresh record in January as nearly 1.2 billion contracts changed hands, according to data from Cboe Global Markets.MarketWatch - 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 -
Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.CNBC - 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 -
More storms expected after dangerous winter weather hits parts of the U.S.
More winter storms are on the way after more than a foot of snow slammed parts of the Mid-Atlantic. More than 80 million people are under winter storm threats this week. CBS News' Rob Marciano has ...CBS News - 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 -
Boone: Expect more class than L.A. if Yanks win
Manager Aaron Boone hopes that, if his Yankees win the World Series, they "handle things with a little more class" than the Dodgers did after last year's victory over New York.ESPN - 1d -
Deficits at NHS trusts in England more than double
Rising cost of temporary staff and increased outsourcing to the private sector weigh on health serviceFinancial Times - 1d -
As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.NBC News - 1d -
Worried Trump’s aluminum tariffs will raise prices on canned drinks and metal appliances? Here’s what to expect.
There’s good news for shoppers concerned that Trump’s latest tariffs will raise prices on six-packs of beer.MarketWatch - 1d -
Trump tariffs on Canadian oil expected to raise U.S. gasoline prices if enacted next month
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.CNBC - 1d -
Esports Olympics to debut in Saudi Arabia later than expected in 2027
The International Olympic Committee says the first Olympic Esports Games will be hosted in Riyadh in 2027ABC News - 1d -
More than 20 million people are under winter weather alerts
NBC News' Priya Sridhar reports on the winter weather alerts in place for millions of Americans as back-to-back snowstorms are predicted to slam the South and Northeast.NBC News - 2d -
More job cuts expected at Justice Department, FBI
Staff within the Justice Department and FBI are on edge and bracing for more firings due to the changes under the new Trump administration. CBS News Department of Justice correspondent Scott ...CBS 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 -
Risk of breach of 1.5C of global warming here sooner than expected, studies find
Without stringent emissions cuts the world is ‘most probably’ already within the period defined in the Paris accordFinancial Times - 2d -
VA lists more than 130 jobs ineligible for Trump buyout plan
The majority of nurses, doctors, and other personnel providing care to military veterans through the Department of Veterans Affairs do not qualify for the deferred resignation offer from the Trump ...The Hill - 4d -
'I've spent more than £3,000 on Jellycats'
A rising number of adults are buying toys - we hear from so-called "kidults" who are splashing out thousands.BBC News - 4d -
How the Superdome became more than a stadium
The Kansas City Chiefs and the Philadelphia Eagles will face each other on Sunday at New Orleans' Superdome. The venue has been home to eight Super Bowls, more than any other stadium. The Superdome ...CBS News - 5d -
Now more than ever, AI needs a governance framework
It is possible to develop a model with the best intentions, and for that model to be misused later onFinancial Times - 5d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 5d -
Unemployment spiked for Black men in January as more joined the labor force
Black men saw their unemployment rate spike to 6.9% from 5.6% in January, bucking the overall unemployment rate trend for the country.CNBC - 5d -
More Than Mezcal: A Dive Into Oaxaca’s High-End Cocktail Scene
Using local ingredients like hoja santa, huitlacoche, insects, and a variety of mercurial spirits, bartenders in the Mexican city are testing the boundaries of flavor and presentation.Wired - Feb. 6 -
More TikTok views than Taylor Swift: Report says women’s sport ecosystem is ‘thriving’
United States rugby union star Ilona Maher generated more TikTok views than Taylor Swift in 2024, while Chelsea Women amassed more views on the social media platform than more than half of the ...Yahoo Sports - Feb. 6