Latest in 2.8 February
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Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - 5h -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - 4h -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 2h -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for Fed to cut interest rates amid signs of slowing economic growthFinancial Times - 4h -
February consumer price index report shows slight inflation improvement
New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...NBC News - 6h -
Inflation cools slightly in Trump's first month
Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...The Hill - 7h -
Here’s where the jobs are for February 2025 – in one chart
February marked another strong month for health care despite job growth overall coming in weaker than expected but stable.CNBC - 5d -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - 5d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 3d -
Data shows inflation slowed in February as investors navigate uncertainty in stock markets
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady ...CBS News - 2h -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - 27m -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - 5d -
U.S. Inflation Report Expected to Show Stubbornly High Prices in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - 5h -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 10h -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - 8h -
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.CNBC - 1h -
UK retail sales rise ‘modestly’ as consumers remain cautious
Shoppers continued to cut volume of goods they purchased in February, industry data indicatesFinancial Times - 1d -
Kevin Durant trade rumors: Suns want three first-round picks, young player in return, per report
Durant was reportedly upset that the Suns included him in trade talks in FebruaryCBS Sports - 1d -
Celtics-Lakers draws 4.6M viewers, largest NBA audience for non-Christmas regular-season game in seven years
The previous high for a non-Christmas Day game was Celtics-Cavaliers in February 2018.Yahoo Sports - 23h -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - 4d -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - 2d -
Democrats ask judge to block Trump order giving him more control over FEC
In February, Mr. Trump signed an executive order to curtail the authority of independent regulatory agencies.CBS News - 1d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 23h -
Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - 11h -
Why a gold investment makes sense (even with inflation dropping)
Inflation dropped in February, according to a new report. Here's why a gold investment could be worth it anyway.CBS News - 4h -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 2h -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - 43m -
How Trump’s ‘51st State’ Canada Talk Came to Be Seen as Deadly Serious
President Trump, in an early February call, challenged the border treaty between the two countries and told Justin Trudeau he didn’t like their shared water agreements.The New York Times - 4d -
Prince Frederik of Luxembourg dies at 22 from rare mitochondrial disorder
Frederik de Nassau died on March 1, in Paris, a day after internationally recognized Rare Disease Day, which takes place on the last day of February.CBS News - 2d -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 22h -
Treasury yields edge up after CPI inflation data comes in cooler than expected
Bond yields turned higher Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 6h -
Egg Prices Surge Again Even as Inflation Eases
Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.The New York Times - 3h -
Why you should open a $5,000 long-term CD now that inflation's falling again
Inflation fell in February for the first time since September. Here's why a $5,000 long-term CD could be worth opening now.CBS News - 4h -
Sources: Gap in money led to Marchand trade
The Bruins put a three-year deal on the table for Brad Marchand in February, but the sides had different perspectives on money, leading to his trade to the Panthers, sources told ESPN.ESPN - 3d -
CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...The Hill - 1d -
Skype shutdown surfaces sweet memories: ‘I proposed marriage’
Guardian readers share how the software connected them with loved ones when there were few affordable means to reach those for away. Microsoft announced on the last day of February that it would ...The Guardian - 3d -
‘They came across as muppets’: Christo Grozev on being target of Bulgarian spy ring
Investigative journalist called ‘modern-day Sherlock’ by Alexei Navalny on unsettling photos, reprisals and being exiled from Vienna. Christo Grozev was sitting in a New York cafe in February 2023, ...The Guardian - 2d -
Fired special counsel says he was preparing push to return all fired probationary employees to their job
Former special counsel Hampton Dellinger said he was planning to pursue legal action to restore all fired probationary workers back to their posts before a court failed to keep him in his role. ...The Hill - 1d -
How not to be deported: India’s nurses seeking work abroad learn how to migrate safely
Kerala is providing lessons on how not to be scammed by employment agencies as US and UK step up immigration raids. On a warm February morning, Devika, 24, sits with more than 60 classmates in the ...The Guardian - 12h