Latest in Import prices post biggest increase in six months and add to U.S. inflation
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Import prices post biggest increase in six months and add to U.S. inflation
The cost of imported goods snapped back in October and added a bit more upward pressure to U.S. inflation, largely because of higher fuel costs.Business - MarketWatch - 1 hour ago -
Inflation ticks up slightly in October, report shows
A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.Top stories - NBC News - 2 days ago -
Dollar hits six-month high as Trump tariff talk fuels inflation fears
US Treasury yields rise as traders scale back expectations for interest rate cutsBusiness - Financial Times - 2 days ago -
U.S. inflation shows signs of improvement as prices stabilize since 2022
As inflation nears the government's two percent target, food prices continue to rise while energy costs decline. Jill Schlesinger explains what these changes mean for consumers.Top stories - CBS News - Yesterday -
U.S. trade deficit widens to 30-month high as imports flood in before port strike. GDP shaved.
The U.S. trade deficit jumped to a 30-month high in September, keeping the economy from posting a second straight 3% increase in gross domestic product.Business - MarketWatch - November 5 -
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...Business - MarketWatch - November 4 -
Inflation ticked up as voters cast ballots, but price growth for many basics holds steady
Price growth ticked higher in October as voters began casting ballots in a presidential election in which economic concerns played a big role.Top stories - NBC News - 2 days ago -
10-, 30-year Treasury yields end at 4-month highs as investors weigh inflation risks
Yields on U.S. government debt finished mixed on Wednesday as traders weighed rising expectations for a quarter-point rate cut by the Federal Reserve in December against the potentially ...Business - MarketWatch - Yesterday -
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.Top stories - CBS News - 2 days ago -
Main engine of U.S. economy posts fastest growth in more than two years, ISM finds
Service-oriented companies such as retailers and restaurants grew in October at the fastest pace in more than two years, a survey found, and offered further evidence of strong momentum in the U.S. ...Business - MarketWatch - November 5 -
U.S. oil prices log biggest weekly drop in a year as demand concerns persist
Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...Business - MarketWatch - October 18 -
Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’
Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back ...Business - MarketWatch - October 17 -
French farmers protest EU-Mercosur deal that will increase South American imports
French farmers have protested against a trade deal that would increase agricultural imports from South America, saying it hurt their livelihoodsWorld - ABC News - 2 days ago -
Haiti's prime minister ousted after six months
The former United Nations official was brought in to lead Haiti through an ongoing, gang-led security crisis.Top stories - BBC News - 4 days ago -
Kerby Joseph's 27-yard pick-six helps Lions increase lead
It was Jordan Love's 10th interception of the season. He has thrown at least one in all seven games this season.Sports - ESPN - November 3 -
The important role of concession speeches to U.S. democracy
A concession speech delivered by the losing candidate is a patriotic tradition as old as the U.S. itself, and as Vice President Kamala Harris showed Wednesday, it often represents the most ...Top stories - CBS News - November 6 -
Egypt increases fuel prices by 10% to 17%
Egypt has raised fuel prices by between 10% and 17%, a move likely to impact the cost of both goods and servicesWorld - ABC News - October 18 -
Democrats knock McDonald’s over price increases
A group of Democratic senators knocked McDonald’s over its price increases and its “dominant market position” as the largest fast-food chain across the country. In a letter sent to McDonald’s ...Politics - The Hill - October 22 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Why fears of post-election violence may be inflated
Democrats are sounding the alarm that former President Trump’s harsh rhetoric in the home stretch of a tight presidential race could portend a repeat of the mass political violence that broke out ...Politics - The Hill - October 26 -
How gold prices reflect inflation expectations
Climbing gold prices may signal deeper worries about inflation. Here's what to consider now.Top stories - CBS News - 2 days ago -
New inflation data shows increase, days after election
Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.Top stories - ABC News - 2 days ago -
Will credit card interest rates increase now that inflation is climbing?
Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.Top stories - CBS News - 2 days ago -
What does the inflation rate increase mean for American consumers?
The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on ...Top stories - CBS News - Yesterday -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - October 31 -
'Terrified and angry': patients voice concerns as eye hospital to shut for six months
The Princess Alexandra Eye Pavilion in Edinburgh is due to close for six months at the end of the month.Top stories - BBC News - October 19 -
New young drivers should not carry under-21s as passengers, AA says
It is also proposed that under-21s could lose their licences for not wearing a seatbelt.Top stories - BBC News - October 21 -
A puff on a joint - then six months of forced rehab in a concrete cell
A young woman buys cannabis for friends - and finds herself facing up to 20 years in prison.Top stories - BBC News - October 26 -
Chinese factory activity expands for first time in six months
Beijing set to unveil fiscal stimulus focused on struggling local governments next weekBusiness - Financial Times - October 31 -
Arsenal happy to take as long as six months over Edu replacement
Jason Ayto to step up during recruitment process Mikel Arteta expected to play a key role in appointment Arsenal intend to take their time over appointing Edu’s successor as sporting director, ...World - The Guardian - November 7 -
Wholesale inventories fall for first time in six months in sign of business caution
Wholesale inventories fell 0.2% in September to mark the first decline in six months, reflecting caution on the part of businesses until they get more clarity on the direction of the U.S. economy.Business - MarketWatch - November 7 -
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Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
Here are the 5 most important U.S. economic issues for voters
Americans say the economy is the most pressing issue as they prepare to cast their ballots on November 5, including these five key issues.Top stories - CBS News - October 29 -
How much has the price of gold increased so far this year?
Gold has been one of the top-performing assets in 2024. Here's how much price growth we've seen so far.Top stories - CBS News - October 23 -
Davos entourages will face 10-fold price increase next year
World Economic Forum plans to charge more for second-tier guests at its gathering in SwitzerlandBusiness - Financial Times - November 3 -
Can Nashville Persuade Voters That a Sales Tax Increase Is Worth the Price?
Desperate to compete with other growing cities, Nashville’s leaders are trying once again to convince voters that a sales tax increase is worth the price.Top stories - The New York Times - November 4