Latest in Euro zone inflation rises to hotter than expected 2.5% in January on energy price hike
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Euro zone inflation rises to hotter-than-expected 2.5% in January on energy price hike
Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.CNBC - 3h -
Eurozone inflation rises to 2.5% in January
Price increases stay above ECB’s 2% target but policymakers are confident they will reach that threshold this yearFinancial Times - 3h -
Tariffs Could Inflate Food Prices Despite Trump Pledge to Lower Costs
Though Trump pledged to lower grocery prices, tariffs could raise prices.Inc. - 1d -
Trump tariffs expected to raise consumer prices
As President Trump imposes tariffs on goods imported to the U.S. from Canada, Mexico and China, economic experts warn they could lead to higher prices for American consumers. NBC News' Brian Cheung ...NBC News - 1d -
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Germany's inflation steady at 2.8% in January ahead of February election
The reading was also in line with a forecast from economists polled by Reuters.CNBC - 3d -
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UK house prices rise less than expected in January
Mortgage lender Nationwide says affordability ‘remains stretched’Financial Times - 3d -
Southwest Airlines expects slower pace of cost increases, but inflation persists
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.MarketWatch - 3d -
Weekly Jobless Claims Drop More Than Expected
While job opportunities are becoming harder to find, the low layoff rate meant better results than the Labor Department’s forecast.Inc. - 3d -
Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion
Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.CNBC - 4d -
Soaring egg prices are expected to continue to increase this year
According to the CBS News price tracker, a dozen eggs cost $4.15 currently, compared to $2.51 a year ago, which is a 65% increase. The USDA says egg prices are predicted to increase 20% this year ...CBS News - 5d -
Beshear: Trump addressing ‘everything but inflation and prices’
Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on Trump's ...The Hill - 5d -
Inflation Isn’t Trump’s Primary Concern. Here’s What That Means for Consumer Prices
Despite Trump’s flurry of executive orders, none touched on inflation or consumer costs.Inc. - Jan. 26 -
Will gold's price rise after the January Fed meeting?
The price of gold could shift after the Fed meets this month — but will it continue on its upward trajectory?CBS News - Jan. 24 -
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.The New York Times - Jan. 24 -
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.CNBC - Jan. 24 -
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.CNBC - Jan. 24 -
Netflix to hike prices on standard and ad-supported streaming plans
Netflix is hiking the price of most of its U.S. plans.NBC News - Jan. 22 -
UK borrows far more than expected in December
Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economyFinancial Times - Jan. 22 -
Bank of Japan is expected to hike rates this week, CNBC survey shows
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.CNBC - Jan. 21 -
Netflix to hike prices on standard and ad-supported streaming plans
Streaming giant Netflix said it is increasing the cost of its plans in the U.S., including its cheaper, ad-supported option.CNBC - Jan. 21 -
Netflix had a record-breaking quarter. Here come the price hikes
The earnings report solidified Netflix's dominance in the market, with hits such as "Squid Game" and a boxing match between Jake Paul and Mike Tyson.Los Angeles Times - Jan. 21 -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - Jan. 21 -
Surprise mobile mid-contract price rises banned
It comes after customers complained of not being able to plan for price rises.BBC News - Jan. 17 -
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 -
UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.CNBC - Jan. 15 -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - Jan. 14 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 12 -
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 -
California Fires Lead to Prices Hikes on Some L.A. Rentals
Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.The New York Times - Jan. 10 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - Jan. 10 -
This is how much hotter 2024 was than 2023
Copernicus says the global temperature for all of 2024 was 1.6 degrees above pre-industrial level.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 -
‘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 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial 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 -
Start January Strong by Turning Post-Holiday Energy Into Small-Business Success
After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.Inc. - Jan. 5