Australia's third quarter GDP grows at a slower than expected 0.3% amid higher rates and sticky inflation

Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation

Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.

CNBC - 21h

Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected

Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.

The New York Times - 3h

Inflation threatens Fed rate-cut expectations once again. Here’s why.

With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...

MarketWatch - 3h

BoE governor expects four UK rate cuts next year as inflation eases

Andrew Bailey welcomes better than expected fall in price growth in FT interview

Financial Times - 13h

Biden’s Christmas present for Trump: Sticky inflation

President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.

The Hill - 1d

Interest rates forecast to be higher for longer due to Budget

Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.

BBC News - 11h

Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."

CNBC - 2d

Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.

NBC News - 2d

GM expects more than $5 billion impact from China restructuring

General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.

NBC News - 11h

JetBlue Reports More Post-Election Travel Than Expected

JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.

The Wall Street Journal - 11h

Private payrolls grew by 146,000 in November, less than expected, ADP says

Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.

CNBC - 10h

Amazon trucking contractors have higher rates of safety violations, CBS News finds

Contracted truckers hauling packages between Amazon facilities are more likely to engage in dangerous behavior on the roads than other carriers, according to federal data analyzed by CBS News.

CBS News - 1d

Native American students miss school at higher rates, it got worse during pandemic

Years after COVID-19 disrupted American schools, nearly every state is still struggling with attendance

ABC News - 1d

Banks hit credit card users with higher rates in response to regulation that may never arrive

CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.

CNBC - 1d

Banks hit credit card users with higher rates in response to regulation that may never arrive

Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...

NBC News - 1d

GM expects more than $5 billion impact from China restructuring, including plant closures

General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.

CNBC - 7h

Kirk Cousins returns to Minnesota: Falcons QB playing for even more than expected against former team

This Week 14 homecoming is critical to Cousins for unexpected reasons

CBS Sports - 4h

The positive flipside of rampant inflation

The biggest debt reduction scheme in history?

Financial Times - 10h

Wyshynski Awards for the season's first quarter

From best team to weirdest goal to most important document to the best bounce-back player and more!

ESPN - 1d

A Second-Rate Crime Gets a Second-Rate Pardon

At least Joe didn’t make Hunter ambassador to a major international ally.

The New York Times - 2d

Here's Why Your Fortnite XP Gains Are Slower In Chapter 6

The recently announced changes to Fortnite Crew have been accompanied by some unpopular changes to XP gains in Chapter 6 Season 1, with progress slowing compared with past seasons--a jarring ...

GameSpot - 1d

Amazon sued over slower deliveries to low-income neighborhoods

Amazon allegedly stopped its fastest delivery service to almost 50,000 Prime subscribers in two District of Columbia ZIP codes.

CBS News - 4h

Knicks, Bucks among field in NBA Cup quarters

With the knockout rounds of the NBA Cup all set, there will be a new champion as well as an almost entirely different field than last year's inaugural version. In again this year are the New York ...

ESPN - 10h

Chipotle says it's raising prices 2% in response to inflation

Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact that ongoing price increases in the economy are having on its finances.

NBC News - 4h

Arsenal host holders Man Utd in FA Cup third round

Holders Manchester United are drawn away to record 14-time winners Arsenal in the third round of the FA Cup.

BBC News - 2d

Third base not exactly flush with options if Phillies do trade Bohm

With little at third base in free agency after Alex Bregman, who would even be the Phillies' options if they trade Alec Bohm this offseason? Here are some candidates.

Yahoo Sports - 1d

Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance

Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.

CNBC - 1d

Former NFL QB Trent Dilfer to return for a third season as UAB's coach

The Blazers have won seven games over Dilfer's first two seasons.

Yahoo Sports - 1d

Australia 3-1 Taiwan: international women’s football friendly – live reaction

The Matildas return to winning ways as three emerging talents score their first international goals in the 3-1 victory over Taiwan. Peeeeeep! Here we go. And the Matildas are on the attack ...

The Guardian - 13h

Chipmaker Marvell's strong quarter is good news for these 3 portfolio stocks

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CNBC - 6h

Lawsuit alleges Amazon deliveries are slower in two majority-Black DC zip codes

A lawsuit from Washington, D.C.'s attorney general is alleging that Amazon deliveries are slower in two majority-Black zip codes in the nation’s capital. The lawsuit, from D.C. Attorney General ...

The Hill - 7h

Top Fed official warns progress on taming US inflation ‘may be stalling’

Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data

Financial Times - 2d

Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs

The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.

The Wall Street Journal - 5h

Huge sinkhole is still growing, council leader warns

It could be months until evacuated residents are able to return to their homes, one homeowner says.

BBC News - 2d

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