Latest in Eurozone inflation falls to 2.4% as underlying price pressures ease
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Eurozone inflation falls to 2.4% as underlying price pressures ease
Drop will bolster ECB rate-setters’ confidence in cutting interest rates this weekFinancial Times - 10h -
Eurozone activity stagnates as price pressures prove sticky
Inflation in dominant services sector ‘definitely’ not under control, survey data shows, adding to pressure on ECBFinancial Times - Feb. 21 -
Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering ...ABC News - 10h -
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 3d -
PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.The New York Times - 3d -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 11h -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - Feb. 23 -
UK develops AI CV-writing tool to ease pressure on job support staff
Plan will free up work coaches for more ‘valuable’ employment as ministers seek to cut welfare billFinancial Times - Feb. 23 -
Treasury yields fall as investors await Fed’s favorite inflation measure
U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.CNBC - 3d -
Turkish inflation falls below 40% to set up further rate cuts
Central bank expected to reduce interest rates by 250 basis points when it meets on ThursdayFinancial Times - 10h -
As the price of bitcoin falls, you can leverage this tax 'loophole,' experts say
With the price of bitcoin down from a record high in January, there could be opportunities for a tax break, experts say.CNBC - 3d -
Bitcoin price falls by 17.5% in biggest monthly loss since 2022
Cryptocurrency slipped into technical bear market, before Donald Trump talked up plans for Crypto Strategic Reserve. Bitcoin has recorded its largest monthly loss since June 2022, pushing it into a ...The Guardian - 1d -
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
The Saudi-led cartel said its members would start gradually pumping more oil in April.The New York Times - 30m -
Mortgage rates are falling, but it’s not helping sell more homes. Are lower house prices next?
Homebuilder stocks are in a bear market, as lower mortgage rates and continued rate discounts haven’t improved demand.MarketWatch - 2d -
Prolific blood donor who saved 2.4 million babies dies at 88
An Australian man credited with saving more than 2 million babies through decades of regular blood and plasma donations has died at age 88.NBC News - 12h -
Trump eases rules on military raids and airstrikes
President Trump is giving U.S. commanders more leeway to authorize military airstrikes and special operational raids. Defense Secretary Pete Hegseth implemented the changes earlier this month while ...CBS News - 2d -
Ohtani eases shoulder concerns, homers in 1st AB
Dodgers star Shohei Ohtani's surgically repaired shoulder withstood its biggest test yet, as he crushed a fastball over the left-field fence in his first spring at-bat against the Angels.ESPN - 2d -
Willingness to ease off ‘debt brake’ may decide the German election
Rule dating from 2009 that limits borrowing looks vulnerable as main political parties promise to revive stalled economy. Germany is used to running its economy with the brake on. Ever since the ...The Guardian - Feb. 21 -
Hegseth confirms report on Trump easing rules on military raids, airstrikes
Defense Secretary Pete Hegseth confirmed Friday that he received President Trump’s approval to repeal restrictions on military raids and airstrikes, signaling a stark shift away from regulations ...The Hill - 3d -
The Price You Pay: Egg prices’ impact on bakeries
One of the downstream impacts of bird flu and the soaring egg prices: its impact on bakeries. We visit one Pittsburgh bakery struggling that’s seen egg prices soar in the last two years, and the ...NBC News - Feb. 21 -
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.BBC News - Feb. 21 -
Musk and Republican Lawmakers Pressure Judges with Impeachment Threats
Democrats say the calls to remove judges who block Trump administration initiatives amount to intimidation. Some senior Republicans are also skeptical of the effort.The New York Times - 2d -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - Feb. 20 -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 5d -
Majority of Americans say income not matching inflation: Poll
A majority of Americans say their income is not matching pace with inflation, a new survey found. According to the CBS News/YouGov poll released Thursday, 77 percent of respondents say their income ...The Hill - 3d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 3d -
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Smaller Food Brands Are Winning Amid Continued Inflation
Corporate giants like Unilever and P&G are losing market share as customers increasingly turn to indie competitors.Inc. - 57m -
Dortmund eases past Sporting Lisbon as Champions League focus turns to Real Madrid and Man City
Borussia Dortmund’s routine elimination of Sporting Lisbon was a tame warmup for the Real Madrid-Manchester City showdown in the Champions League playoffs round WednesdayABC News - Feb. 19 -
Is Price Gouging Part of Rising Egg Prices? Officials Want to Know
Consumer advocates, Democratic legislators and an FTC official call for an investigation into why the average price for a dozen eggs is now $4.95, squeezing restaurants and household shoppers.Inc. - 3d -
Will the price of gold hit $3,000 this March?
The price of gold is teetering near the $3,000 mark. Here's how it could break that record this March.CBS News - Feb. 24 -
How is the price of gold determined by sellers?
The spot price of gold isn't necessarily the same amount you'll pay as an investor. Other factors play a role, too.CBS News - 6d -
Tell ‘price walkers’ to take a hike
We know how this works: you sign up for a deal at a low teaser rate — when it’s time to renew, you’re on a contract with a much higher priceFinancial Times - 5d -
Why are coffee prices soaring in the U.S.?
Consumers still coping with high food costs face scalding hot coffee prices, with retail costs up 75% in recent years.CBS News - 4d -
What's behind the jump in coffee prices
Coffee bean prices have jumped nearly 20% since the beginning of the year after severe drought and flooding over past two years in Brazil and Vietnam have crippled bean production. Kelly O'Grady ...CBS News - 2d -
Cobalt prices lean into their ‘blue period’
DR Congo’s three-month suspension on exports is unlikely to reverse the pounding the commodity has takenFinancial Times - 1d -
Trump Labor Nominee Lori Chavez-DeRemer Faces Pressure at Senate Hearing
Asked for her views on pro-labor legislation she backed as a House Republican, Lori Chavez-DeRemer said she would simply serve the president’s agenda.The New York Times - Feb. 19