Latest in Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
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Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
With Trump taking office, some Democrats and pro-immigration groups ponder new ideas
There's momentum among pro-immigration groups and some Democrats for policies that would move the party to the right on immigration.NBC News - Jan. 8 -
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 -
Jobless claims fall to a nearly one-year low as Trump set to take office
The number of people who applied for unemployment benefits in the first week of the new year fell to an 11-month low, the latest sign layoffs remain extremely low even as businesses cut back on ...MarketWatch - Jan. 8 -
AI takes center stage at the 2025 Consumer Electronics Show
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason ...CBS News - Jan. 7 -
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 -
Trump says he will revoke Biden offshore drilling ban on first day in office
An order by Trump attempting to reverse the ban will likely end up in court and could ultimately be struck down.CNBC - 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 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - 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 -
War or peace? Trump inherits turbulent US-China ties
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating arms race and Beijing widely considered the most serious threat to the U.S. ...The Hill - 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 -
Derek Carr says he won't take a pay cut for 2025
When the Saints signed quarterback Derek Carr two years ago after he was released by the Raiders, the contract was structured as a two-year guarantee with a team option thereafter.Yahoo Sports - Jan. 7 -
UFC's Dana White joins Meta's board weeks before Trump takes office
UFC CEO Dana White, a longtime friend of Donald Trump, is joining the board of Meta two weeks before the new administration begins.CNBC - Jan. 7 -
Controversial congestion pricing plan takes effect in NYC
Driving just got more expensive for many New York City commuters as congestion pricing was put to its first rush hour test. Supporters argue the plan cuts down on gridlock and greenhouse gas ...CBS News - Jan. 6 -
UFC’s Dana White joins Meta’s board weeks before Trump takes office
Dana White, CEO of the Ultimate Fighting Championship and a longtime friend of Donald Trump, is joining the board of Facebook parent Meta two weeks before the new administration begins.NBC News - Jan. 6 -
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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Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
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 -
China’s box office takings drop by a quarter as viewers turn to streaming
Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slumpFinancial Times - Jan. 5 -
Derrick Rose insists he doesn't want a statue based on 'the way people been creating them'
Rose, who will have his jersey retired by the Bulls next season, seemed skeptical about a statue in the wake of Dwyane Wade's.Yahoo Sports - Jan. 3 -
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 -
Dan Lanning takes blame for Oregon's Rose Bowl loss: 'I didn't get our team prepared'
Top-seeded Oregon couldn't stop Ohio State's offensive onslaught in the Rose Bowl, and coach Dan Lanning blamed himself for the Ducks' failure to win.Yahoo Sports - Jan. 2
