Latest in Inflation Ticks Up, but Details Are Encouraging for the Fed
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Why The Founder of Wix Believes in Tracking Granular Details
In the latest episode of For Starters, we talk to Avishai Abrahami of Wix about how to analyze and replicate growth.Inc. - 10h -
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.CNBC - 13h -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 15h -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 19h -
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 Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 10h -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - 11h -
US inflation rose to 2.7% in November
Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next weekFinancial 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 -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - 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 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 16h -
Bank shares jump after UK court agrees to hear car loans appeal
Supreme Court grants lenders permission to challenge earlier rulingFinancial Times - 18h -
Chatbot encouraged US teen to kill parents over screen time limit, lawsuit claims
Legal action filed in Texas alleges Character.ai 'poses a clear and present danger' to young people.BBC News - 20h -
Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.MarketWatch - 20h -
Pay UK bosses like football stars, says Lord Spencer
Founder of ICAP claims boosting chief executives’ salaries would help London’s competitivenessFinancial Times - 1d -
Evening Report — Clock ticks toward government funding deadline
{beacon} Evening Report © The Hill, Greg Nash 10 days: Congress speeds toward government funding deadline THE LAME-DUCK CONGRESS is barreling toward a Dec. 20 deadline to fund the government. ...The Hill - 1d -
As Messi, 2026 World Cup clocks tick, MLS seems content with business as usual
It seems that the league just isn't prepared to expend anywhere near enough to reach the upper echelons of the sport anytime soon.Yahoo Sports - 2d -
Lindsey Vonn is encouraged by how close she is to being competitive in ski racing return at age 40
Lindsey Vonn is encouraged by how close she is to being competitive again in her ski racing return at 40 years oldABC News - 3d -
New details emerge in the manhunt for insurance CEO's killer
Police found a backpack in Central Park that they believe belongs to the man who killed an insurance executive in New York City. They found Monopoly money inside. The search for the suspect has now ...NBC News - 4d -
The Police Offer a Detailed Timeline of the Gunman’s Movements
Investigators have begun to piece together the actions of a man they believe killed a health care executive on a city sidewalk early Wednesday morning.The New York Times - 4d -
Details on person of interest in UnitedHealthcare CEO shooting
A multistate manhunt is in its third day after the murder of UnitedHealthcare CEO Brian Thompson outside a New York City hotel Wednesday. CBS News' Anna Schecter has the latest on the case.CBS News - 5d -
5 new details in search for UnitedHealthcare CEO's shooter
New details emerged Thursday as the manhunt entered its second day for the suspected gunman in the fatal shooting of UnitedHealthcare CEO Brian Thompson. Thompson was gunned down shortly before 7 ...The Hill - 6d -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - 6d -
New details emerge on fatal shooting of UnitedHealthcare CEO
As the manhunt continues for the shooter who gunned down Brian Thompson, the CEO of UnitedHealthcare in Manhattan on Wednesday morning, police are revealing shell casings left at the scene were ...NBC News - 6d -
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 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
2024 Spotify Wrapped released: Details
Spotify Wrapped dropped its yearly recap on Wednesday, revealing the most listened to music of the last year.ABC News - Dec. 4 -
Early details on shooting of UnitedHealthcare CEO, search for gunman
UnitedHealthcare CEO Brian Thompson was killed Wednesday morning when a gunman shot him in the chest outside a New York City hotel. Police sources say it appears to have been a targeted attack. CBS ...CBS News - Dec. 4 -
PM refuses to give further details of Haigh resignation
Conservative leader Kemi Badenoch asks the PM why he appointed a "convicted fraudster" to his team.BBC News - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Lawmakers in Georgia's separatist region of Abkhazia reject encouraging Russian investment
Lawmakers in Georgia’s breakaway province of Abkhazia on Tuesday rejected a bill offering privileges to Russian investors that sparked days of unrest and forced the regional leader to step downABC News - Dec. 3 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
FBI searches an alleged Jan. 6 rioter's home as clock ticks on Capitol attack cases
The Justice Department recently searched an alleged Jan. 6 rioter's house as it works to wrap up Capitol attack cases before Donald Trump takes office.NBC News - 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 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 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2