Latest in India's new central bank governor takes over as economic growth slows and inflation rises
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Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 9h -
Inflation is rising again: Why you should invest in gold now
The right gold investing strategy could pay off now that inflation is ticking back up again. Here's why.CBS News - 10h -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - 12h -
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.CBS News - 14h -
Price growth ticked up in November as inflation progress stalls
Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling.NBC News - 16h -
India's new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic growth is slowing and inflation is surgingABC News - 18h -
European Central Bank heads for last rate cut of year — but jumbo move seems off the table
The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.CNBC - 20h -
Trump takes jab at 'governor' Trudeau
The president-elect referred to the 'great state' of Canada in a social media post.Yahoo Sports - 23h -
Here’s three things to watch when the central banks of the eurozone and Switzerland meet on ‘Super Thursday’
Rate cuts are expected but some analysts disagree with the market on how big one will be.MarketWatch - 23h -
US stocks rally set to slow as investor ‘euphoria’ fades, say big banks
Wall Street strategists forecast S&P 500 will rise 8% by end of next year after big 2024 gainsFinancial Times - 1d -
NJ governor taking unidentified drone flights 'deadly seriously'
New Jersey Gov. Phil Murphy (D) said that he is taking unidentified drone flights in his state “deadly seriously.” “These are apparently … as I understand it, very sophisticated,” Murphy told a ...The Hill - 1d -
Biden stakes out economic legacy at Brookings as Trump readies takeover
President Biden on Tuesday made the case for the strength of his economic legacy as he prepared to leave office next month, arguing President-elect Trump would be inheriting a desirable situation ...The Hill - 1d -
Reckoning with an era of slow growth
Opportunities exist for the UK and its European neighbours, but they must grasp the nettle of economic reformFinancial Times - 1d -
Xi says China will remain world’s ‘growth engine’
Stocks rise after Beijing signals more measures to boost economyFinancial Times - 1d -
Latest news on Syrian civil war as HTS takes over, Assad flees to Russia
Syria's civil war took a surprising turn as opposition rebels affiliated with the group Hayat Tahrir al-Sham, or HTS, took over Damascus, marking an end to President Bashar Assad's regime. CBS News ...CBS News - 2d -
India appoints Revenue Secretary Sanjay Malhotra as new central bank governor
India has appointed Sanjay Malhotra as governor of the country's central bank for a three-year period, according to CNBC TV18.CNBC - 2d -
India replaces ‘hawkish’ central banker Shaktikanta Das
Incoming Reserve Bank of India governor Sanjay Malhotra seen as more likely to cut rates despite rising inflationFinancial Times - 2d -
China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
Market participants will watch the events this week for clues on how policymakers plan to steer the economy through entrenched disinflation and looming U.S. tariffs.CNBC - 2d -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - 3d -
Cummins takes five as Australia demolish India
Pat Cummins takes 5-57 as Australia wrap up an emphatic 10-wicket victory over India on day three of the second Test to square the series at 1-1.BBC News - 3d -
As India-Bangladesh Tensions Rise, So Do Fears of Tit-for-Tat Violence
A diplomatic dispute over claims of persecution of Bangladeshi Hindus threatens to upend Bangladesh’s interim government.The New York Times - 5d -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - 5d -
Why do central banks buy gold? Experts weigh in
Knowing the main reasons why central banks buy gold could help inform your approach to gold investing.CBS News - 5d -
Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon has been in a bit of a rough spot after the departure of its longtime Chief Product Officer Sun Choe.CNBC - 5d -
Starc takes Test best as Australia dominate India
Mitchell Starc claims career-best Test figures of 6-48 as Australia seize the initiative on day one of the second Test against India.BBC News - 5d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 5d -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - 5d -
Trump tariffs a bigger concern than martial law crisis, says Korean central bank chief
Governor highlights US president-elect’s threats and intensifying competition from Chinese exportersFinancial Times - 6d -
Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - 6d -
India-Bangladesh relations sour as tensions rise over attacks on Hindu minority
Allegations of violence against Hindus prompt mass protests in India and attack on Bangladeshi consulate. Growing tensions between India and Bangladesh have erupted amid accusations of attacks on ...The Guardian - Dec. 5 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Amazon Sued Over Slow Deliveries to Low-Income Areas
The District of Columbia’s attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.The New York Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
France's political chaos casts long shadow over economic growth
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow," ING analysts said.CNBC - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
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Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2
