Latest in Inflation Hangs Around, Slowing Rate Cut Pace
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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 - 5d -
Walgreens’ stock on pace for its best day ever on report of talks of sale to private equity — but still on pace for its worst year
Shares of Walgreens Boots Alliance Inc. launched higher on Tuesday after the Wall Street Journal reported that the drugstore chain was in discussions to sell itself to private-equity firm Sycamore ...MarketWatch - 6d -
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 - 6d -
Celtics on pace to set multiple NBA 3-point shooting records
The Boston Celtics put on their own 3-point shootout almost every game, and it’s been an enormously successful strategy for them. It helped the Celtics win the 2024 NBA Finals last season, and this ...Yahoo Sports - 6d -
Surprise RBI governor pick signals India may cut rates as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.CNBC - 6d -
China's exports slow, imports decline in November, falling below forecasts
China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business ...ABC News - 6d -
Wall Street’s complex debt bonanza hits fastest pace since 2007
Banks sell bonds backed by revenues from chicken wings, music catalogues and oil wellsFinancial Times - 6d -
Mob hangs and kills 3 men accused of kidnapping girl in Mexico
Some 300 people participated in the lynching — hanging and beating the men until they were dead, according to local media.CBS News - Dec. 9 -
UK boards’ push to increase diversity has slowed, says headhunter
Spencer Stuart warns companies against ‘one and done’ mentality after meeting minimum targetsFinancial Times - Dec. 9 -
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 - Dec. 9 -
Google CEO: AI development is finally slowing down—'the low-hanging fruit is gone’
Google CEO Sundar Pichai says AI development may feel slower in 2025 — and tech companies will "need deeper breakthroughs" than today's chatbots to get ahead.CNBC - Dec. 8 -
Trump nomination pace, lack of vetting gives Senate GOP headaches
President-elect Trump’s rollout of his Cabinet and administration nominees, coupled with the transition team’s lack of vetting, is creating unwanted headaches for Senate Republicans. Trump has been ...The Hill - Dec. 8 -
Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns
Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidencyFinancial Times - Dec. 8 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Syrian Rebels Push South, Despite Efforts to Slow Them
Government forces appeared to be reinforcing crucial strongholds including the capital, Damascus, and the major city of Homs.The New York Times - Dec. 6 -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
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 - Dec. 6 -
Nasa delays astronaut flight around the Moon
The US is pushing back its planned return to the Moon as it fixes a heat shield issue.BBC News - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Hegseth meets with Republicans as his candidacy hangs in the balance
President-elect Donald Trump's pick for defense secretary has faced sexual assault and workplace misconduct allegations.NBC News - 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 -
Job Openings Rebound, Though Hiring Slows
The number of job openings rose last month from a recent low, but the labor market still presents a mixed picture as vacancies were filled at a slower pace.Inc. - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Sinkholes around the world – in pictures
After a sizeable sinkhole appeared on a sleepy street in south Wales , here are some of the more incredible views of the phenomenon from Greenwich to Guatemala Continue reading...The Guardian - 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 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Global Airlines Too Slow to Switch to Green Jet Fuel, Study Says
The advocacy group Transport and Environment faults carriers for slow adoption rates, and oil producers for underinvesting in the sustainable aviation gas.Inc. - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
Sutton's predictions v The Slow Readers Club bassist James Ryan
BBC Sport football expert Chris Sutton takes on rock band The Slow Readers Club with his predictions for the midweek Premier League fixtures.BBC News - Dec. 2 -
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
