Latest in China consumer inflation rate drops to a five month low, missing expectations as economy slows
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ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings
ServiceTitan said on Wednesday that it priced 8.8 million shares at $71 a piece in its initial public offering.CNBC - 1h -
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.Inc. - 7h -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 11h -
Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...NBC News - 11h -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 15h -
Sources: Raptors' Barnes expected to miss weeks
Raptors forward Scottie Barnes is expected to miss several weeks with a right ankle injury, sources told ESPN.ESPN - 7h -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 12h -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 12h -
India's new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic growth is slowing and inflation is surgingABC News - 14h -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - 1d -
The CPI report Wednesday is expected to show that progress on inflation has hit a wall
The consumer price index is expected to show a 2.7% 12-month inflation rate for November.CNBC - 1d -
China's exports slow, imports decline in November, falling below forecasts
China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business ...ABC News - 1d -
China's November imports post surprise drop; sharpest decline in 14 months
Export has been a rare bright spot as the world's second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.CNBC - 1d -
Down by the sea: poverty brings Blackpool life expectancy to UK low
Resort town struggles with squalid housing, poor nutrition for children and now, statistics show, earlier deaths. It is a league table that no one wants to top. For the first time in 20 years, ...The Guardian - 2d -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - 2d -
Manchester United’s Sporting Director Leaves Five Months After Joining
Dan Ashworth’s departure so soon into his tenure left staff at the club stunned.The New York Times - 2d -
Arsenal ratings: Lackluster Gunners drop points
Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.ESPN - 3d -
Google CEO: AI development is finally slowing down—'the low-hanging fruit is gone’
Google CEO Sundar Pichai says AI development may feel slower in 2025 — and tech companies will "need deeper breakthroughs" than today's chatbots to get ahead.CNBC - 3d -
Man Utd sporting director Ashworth leaves after five months
Manchester United sporting director Dan Ashworth leaves the club after just five months.BBC News - 3d -
How to get a low home equity loan rate for 2025
Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.CBS News - 5d -
China’s Export Ban on Strategic Minerals Could Hit Tech, Wider Economy
Beijing’s curbs on crucial minerals such as gallium, germanium and antimony needed for computer chip and electronics manufacturing could wreak havoc on supply chains.Inc. - 5d -
Health-care quality rating at 24-year low: Gallup
Americans’ outlook on the quality of health care in the U.S. is at a 24-year low, according to a new survey. The Gallup poll, released Friday, shows 33 percent of U.S. adults said the quality of ...The Hill - 5d -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - 5d -
A rebound is expected after the previous month’s disruptions.
The resolution of the Boeing strike, and recovery from storms in the Southeast, are predicted to produce a gain in monthly payroll data.The New York Times - 5d -
Jobless claims show extremely low layoffs amid sturdy U.S. economy
The number of Americans who applied for unemployment benefits during Thanksgiving rose to a six-week high, but jobless claims stayed at extremely low levels in a clean bill of health for the U.S. ...MarketWatch - 6d -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - 6d -
Far from a bazooka, China's stimulus measures are just trickling through the economy
China's latest efforts to kickstart growth will take time to play out, data and company earnings show.CNBC - Dec. 4 -
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 - Dec. 4 -
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 - Dec. 4 -
Amazon Sued Over Slow Deliveries to Low-Income Areas
The District of Columbia’s attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.The New York Times - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
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 - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
EU births drop to new low as strains on younger generations mount
Dearth of children expected to heap pressure on state financesFinancial Times - Dec. 3