Latest in Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
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FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.CNBC - Jan. 17 -
IMF upgrades UK growth forecast and takes swipe at Trump plans
UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy. • Business live – latest updates . The International Monetary Fund has upgraded ...The Guardian - Jan. 17 -
Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
Not much inflation here: The cost of imports are barely rising ahead of Trump taking office
Most of the lingering problem with U.S. inflation is coming from within the nation’s borders. Not outside of it.MarketWatch - Jan. 16 -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - Jan. 15 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.CNBC - Jan. 15 -
Gaza Hostage Deal Could Come as Trump Takes Office, in Echoes of 1981
Dozens of American hostages held at the U.S. Embassy in Tehran for more than a year were freed just as Ronald Reagan was inaugurated.The New York Times - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - Jan. 15 -
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.NBC News - Jan. 15 -
Inflation report shows upsurge days before Trump takes office
Prices rose 2.9% in December compared to a year ago.ABC News - Jan. 15 -
Treasury yields finish lower after mild producer-price reading for December
Two- and 10-year Treasury yields declined by the most of any 2025 trading session on Tuesday, after a tamer-than-expected reading from the December producer-price index.MarketWatch - Jan. 14 -
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.The New York Times - Jan. 14 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - Jan. 11 -
Ukraine doubles down on Kursk ahead of Trump taking office
Ukraine is leaning into its efforts to hold onto the Russian territory of Kursk amid intense pressure from Russian and North Korean forces to take it back, apparently gambling that the region could ...The Hill - Jan. 11 -
Biden Issues Sweeping Deportation Protections Before Trump Takes Office
The move allows hundreds of thousands of people from Sudan, Ukraine, El Salvador and Venezuela to stay in the country temporarily.The New York Times - Jan. 11 -
Trump’s Sentence Comes With No Penalty, but He Will Take Office as a Felon
Justice Juan M. Merchan gave Donald J. Trump a symbolic punishment. The judge said that leniency was due the office of the president, not the man who will soon hold the title.The New York Times - Jan. 10 -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Trump says he won't rule out military force to take Greenland
President-elect Donald Trump held a wide-ranging news conference Monday in which he reiterated his insistence that the U.S. should take control of the Panama Canal and Greenland, adding that he ...CBS News - Jan. 7 -
CFTC chair to step down when Trump takes office
The chair of the Commodity Futures Trading Commission (CFTC) is slated to resign on Jan. 20, coinciding with President-elect Trump’s inauguration, leaving a vacancy for the federal regulatory ...The Hill - Jan. 7 -
Nvidia CEO Pitches Robotics, Cars as Growth Areas to Consumer-Electronics Audience
Jensen Huang’s address at CES followed a trading session that sent Nvidia’s value to $3.66 trillion.The Wall Street Journal - Jan. 7 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
Virginia special elections test Democratic enthusiasm as Trump takes office
Virginia is holding the first special election of the year in what is being billed as a test for Democratic enthusiasm ahead of the state’s gubernatorial race later this year. Democrats are widely ...The Hill - Jan. 7 -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - Jan. 7 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
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How both sides of sides are preparing as Trump set to take office
With President-elect Donald Trump vowing to close the U.S.-Mexico border, Camilo Montoya-Galvez reports from both sides of the border.CBS News - Jan. 5 -
How both sides of the border are preparing as Trump set to take office
With President-elect Donald Trump vowing to close the U.S.-Mexico border, Camilo Montoya-Galvez reports from both sides of the border.CBS News - Jan. 5 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2
