Euro zone inflation rises to hotter than expected 2.5% in January on energy price hike

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

Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says

"Inflation is much more sticky than we have been saying," UBS CEO Sergio Ermotti said Tuesday.

CNBC - 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

Trump expected to sign more than 50 executive orders Monday

Donald Trump plans to sign more than 50 executive orders Monday — and possibly more than 100 of them — on the first day of his second presidency, according to a person in his transition operation.

NBC News - Jan. 19

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

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

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

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

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

Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges

Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.

NBC News - Jan. 14

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

LA fires death toll rises to 24 as high winds expected

The dry Santa Ana winds are expected to pick up overnight and continue to cause problems until Wednesday.

BBC News - Jan. 13

Debts on EY’s failed Project Everest took longer than expected to clear

Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial year

Financial Times - Jan. 13

California fires weather forecast: More than 8M people are in critical fire risk zone

More than 8 million people are in the critical fire risk zone.

ABC News - Jan. 12

Boeing production in 2024 expected to be less than half of rival Airbus

US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...

The Guardian - Jan. 12

Is US inflation set to rise further?

Market Questions is the FT’s guide to the week ahead

Financial 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

The strange world of the Euro-Gulf

The entwinement of Europe and the Arabian peninsula is ever tighter, and ever more improbable

Financial Times - Jan. 11

Stock market plunges after better-than-expected December jobs report

The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...

CBS News - Jan. 10

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

Tesco and M&S warn of rising costs but pledge to minimise price increases

Shares in retailers fall despite positive Christmas trading

Financial Times - Jan. 9

Chinese consumer prices barely rise as deflationary pressure weighs

Beijing has struggled to stimulate domestic demand in economy

Financial Times - Jan. 9

Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility

Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.

NBC News - Jan. 8

10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation

The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.

CNBC - 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

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