Latest in Fed's favorite core inflation measure hits 2.6% in January, as expected
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Fed's favorite core inflation measure hits 2.6% in January, as expected
The PCE price index was expected to show an annual inflation rate of 2.5% in January.CNBC - 5h -
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 - 6h -
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 - 7h -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - 1d -
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 - 1h -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial Times - Feb. 21 -
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies
Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.Inc. - Feb. 20 -
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.CNBC - Feb. 21 -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
Game Developers Fear Anti-Trans Measures Could Hit Their Industry Next
As companies like Meta, Google, and Amazon follow President Trump’s moves to roll back diversity initiatives, trans and genderqueer devs worry their already struggling industry could follow suit.Wired - Feb. 21 -
German inflation stays unchanged at hotter-than-expected 2.8% in February
The February print compares to a 2.7% estimate from economists surveyed by Reuters.CNBC - 7h -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - 3d -
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Friday’s ‘economic blackout day’ boycott shows shoppers are fed up with high prices. Will it hit retailers where it hurts?
One day can make a difference to retailers, but the biggest impact of the 24-hour economic blackout protest could be the message it sends about the mood among consumers right now.MarketWatch - 3h -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 2d -
How to kill the Fed’s independence
If Trump wanted to take control, its constitutional protections are far from secureFinancial Times - 3d -
Why College Athletics Leaders Seem to Be Ignoring a Core Issue
Not addressing the unlimited transfer problem is delaying the inevitable, a columnist for The Athletic writes.The New York Times - Feb. 21 -
Intel launches Xeon 6 processors with performance cores for 2X AI processing
Intel is launching its new Intel Xeon 6 processors with performance-cores, offering better performance across data center workloads and up to two times higher performance in AI processing. The ...VentureBeat - 4d -
The M.L.S. Season Is Starting, and There’s a Clear Favorite
Who will win it all and who will surprise? Our experts make predictions.The New York Times - Feb. 21 -
Bonus season: how does yours measure up?
Our annual survey of FT readers shows bonus payouts are on the rise, but so too are tax concerns and school feesFinancial Times - Feb. 21 -
Sanders reintroducing measure increasing Social Security benefits
Sen. Bernie Sanders (I-Vt.) is reintroducing a measure that would increase Social Security benefits. Sanders is joined by Sen. Elizabeth Warren (D-Mass.) and Reps. Jan Schakowsky (D-Ill.) and Val ...The Hill - 1d -
Democrats demand Trump nominee commit to Fed independence
US president’s pick to head Council of Economic Advisers has argued the central bank is at odds with US constitutionFinancial Times - 4d -
When They Stop Selling Your Favorite Thing
Shoppers are going online to pay dearly for discontinued items, from the perfect lip pencil to Tab.The New York Times - 4d -
Our Favorite Internal SSD Is on Sale Right Now
Need more storage? Take $40 off the 2-TB, or $20 off the 1-TB WD_Black SN770 right now.Wired - 3d -
Philadelphia Eagles 2025 NFL offseason, NFLPA report card: With a strong core in place, they'll be a perpetual contender
There probably isn't an NFL roster in better shape for the long haul than the Eagles. They have relatively young stars at just about every major position, and most of them are locked into long-term ...Yahoo Sports - 1d -
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Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago.CNBC - 1d -
FAA clears SpaceX for another Starship test flight after explosion in January
SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, the FAA announced on Friday.CNBC - 1h -
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 - 2d -
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 - 17h -
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 - 8h -
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US drives Ukraine war measure through UN with Russian backing
Security Council resolution calling for ‘swift end’ to conflict deals further blow to western unityFinancial Times - 3d -
US breaks with UN and G7 allies over Ukraine war measures
Also in today’s newsletter, Trump says 25% tariffs on Canada and Mexico will go ahead next week as plannedFinancial Times - 3d -
Lawmakers in 9 states propose measures to undermine same-sex marriage rights
Lawmakers in at least nine states have introduced measures in their current legislative sessions that attempt to chip away at same-sex couples’ right to marriage.NBC News - 2d -
Murkowski joins Democrats supporting measure granting protections to Ukrainians in US
Sen. Lisa Murkowski (R-Alaska) joined Democrats on Thursday to support a measure that would grant Ukrainians in the U.S. temporary guest status, allowing them to stay in the country until ...The Hill - 1d -
Republicans block measure condemning Trump administration vote on UN Russia resolution
Senate Republicans on Thursday objected to an effort by Democrats to condemn the Trump administration's decision to vote against a United Nations resolution laying blame for the war in Ukraine at ...The Hill - 23h