Latest in Inflation remains sticky, with CPI rising 2.7% from a year ago
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Legendary Medellin cartel drug lord released from US prison after serving 25 years
One of Colombia’s legendary drug lords and a key operator of the Medellin cocaine cartel has been released from a federal prison in the U.S. and is expected to be deported back homeABC News - Dec. 4 -
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 -
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 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
Why physical gold remains a smart investment, according to experts
Physical gold such as bars and coins offers advantages even as markets shift. Here's why.CBS News - Dec. 4 -
EU pushes back deforestation law by a year after outcry from global producers
The European Union has agreed to delay by a year the introduction of new rules to ban the sale of products that lead to massive deforestationABC News - Dec. 4 -
Lioncode launches test for ‘bullet heaven’ game Wildkeepers Rising
Lioncode Games announced a public alpha playtest for Wildkeepers Rising, an upcoming "bullet heaven" game set to debut in the spring of 2025.VentureBeat - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Rail fares to rise despite renationalisation plans
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.BBC News - Dec. 4 -
Welsh tuition fees to rise by nearly £300 a year
The rise is in line with an increase in England and is the second time fees have gone up in a year.BBC News - 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 -
French bond yields rise as traders await no-confidence vote on government
The price Paris must pay to sell its debt rose early Wednesday ahead of a no-confidence vote on the government expected WednesdayMarketWatch - Dec. 4 -
Most teenagers recover from long Covid after two years, study shows
World’s largest ‘longitudinal cohort study’ reports that older teens and society’s most disadvantaged most likely to be affected. Most teenagers who have suffered from long Covid recover within two ...The Guardian - Dec. 4 -
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'A bittersweet ending but the achievements remain indelible'
Lewis Hamilton will race for Mercedes for the final time on Sunday as driver and team part after "12 incredible years".BBC News - Dec. 4 -
Cooper Flagg Is on a Different Level. But the Competition Is Rising.
The Duke basketball phenom remains at the head of the class, but a flashy point guard from B.Y.U. is gaining attention.The New York 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 -
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Marvell’s results signal a gradually healthier business that’s about more than just the AI boom.MarketWatch - Dec. 4 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - 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 -
Here Are the Big 2025 Predictions for AI, From a CEO Who Was Right About This Year’s Developments
Experts make predictions about the future of tech all the time, but Clem Delangue’s platform Hugging Face is central to many current AI innovations—so when he talks about AI’s future, we should ...Inc. - Dec. 3 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
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 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - 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
