Latest in Inflation remains sticky, with CPI rising 2.7% from a year ago
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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
For the month, the deficit totaled $366.8 billion, 17% higher than November 2023CNBC - 7h -
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 - 13h -
The Sticky Dilemmas of Pornhub’s Next Chapter
Videos of minors. Illegal data collection. Lack of oversight. Lawsuits. Problems have dogged the popular porn site for years. Is its promise of transparency enough for a reset?Wired - 2d -
T-bill rates fall below 4.4% after November CPI solidifies December rate cut
Yields on short-term Treasury bills dropped on Wednesday after November’s consumer-price index cemented expectations for a quarter-point interest-rate cut by the Federal Reserve next week.MarketWatch - 7h -
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 - 7h -
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 - 9h -
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 - 10h -
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 - 11h -
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. ...CBS News - 11h -
Emily Bear on her rise from viral sensation to hit songwriter
Emily Bear, co-creator of "The Unofficial Bridgerton Musical Album," has worked with Beyoncé and co-written songs for "Moana Two." Natalie Morales visits her Los Angeles studio to see her creative ...CBS News - 12h -
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 - 13h -
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 - 16h -
Malaria cases rise for fifth year as disasters and resistance hamper control efforts
The disease killed 600,000 people amid 263m cases globally in 2023, says WHO, calling for nations to address funding shortfall. Malaria killed almost 600,000 people in 2023, as cases rose for the ...The Guardian - 19h -
With rise in border migrant deaths, forensic volunteers and students work to identify remains
Operation Identification (Operation ID) uses volunteers and students to help do forensic work as border counties see a rise in migrant deaths in areas "that have never experienced this before."NBC News - 1d -
The CPI report Wednesday is expected to show that progress on inflation has hit a wall
The consumer price index is expected to show a 2.7% 12-month inflation rate for November.CNBC - 1d -
Treasury yields finish higher for second day, ahead of CPI inflation data
Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...MarketWatch - 1d -
Investors may face a major inflation surprise next year. How pros are preparing.
Big investment managers like Nuveen are factoring in the possibility that their base-case expectations for a soft landing, accompanied by easing inflation, might turn out to be wrong.MarketWatch - 1d -
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Parents of American who disappeared in Syria 12 years ago speak out
In an interview with NBC News' Lester Holt, Marc and Debra Tice say they feel there's a better opportunity to get their son Austin home after the fall of the Assad regime in Syria. Austin Tice, a ...NBC News - 2d -
Jay-Z denies claim he sexually assaulted minor with Sean "Diddy" Combs 24 years ago
Rap mogul Jay-Z is forcefully denying claims in a new lawsuit that he and Sean "Diddy" Combs sexually assaulted a minor at a party 24 years ago. Jay-z said it's an attempt at blackmail and called ...CBS News - 2d -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - 2d -
California man charged with breaking out of federal prison 8 years ago
A 55-year-old fugitive who had been on the run for eight years after escaping from a federal prison in California has been caught and indicted, the U.S. attorney’s office said last week.NBC News - 3d -
Paris’ Notre Dame celebrates first Sunday Mass since fire five years ago
PARIS — Notes boomed from the meticulously cleaned grand organ, the choir’s voices echoed off of walls scrubbed clean of scorch marks, and light shone through restored stained glass windows.NBC News - 3d -
From doctor to brutal dictator: the rise and fall of Syria’s Bashar al-Assad
Toppled president came to power keen to show he was different from his father but proved to be as repressive. Middle East crisis – live updates On the face of it at least, the Bashar al-Assad ...The Guardian - 3d -
After years on the rise, ‘All I Want for Christmas Is You’ listenership is slipping
Mariah Carey’s unavoidable pop gem “All I Want for Christmas Is You” doesn’t have the hold on the fall months it once had, according to new data from Last.fm.NBC News - 4d -
Paris' Notre Dame Cathedral rises from the ashes with grand reopening, five years on from fire
Paris' iconic Notre-Dame cathedral will reopen, five years after a fire the storied medieval landmark will reopen its doors once again.NBC News - 4d -
Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStop
CNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.CNBC - 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 -
Indigenous Australians recover human remains taken by Germany 120 years ago
Five sets of ancestral remains seized in 19th century handed over by museums in Berlin and Lower Saxony. Five sets of ancestral remains from Australia that have been held in German museum ...The Guardian - 6d -
Germany hands over Australian ancestral remains held by museums for over 100 years
Five sets of ancestral remains from Australia that had been in German museum collections since the 19th century have been handed back at a ceremony that a community representative described as a ...ABC News - 6d -
The GTA 6 Trailer Was Released One Year Ago Today, And Fans Are Still Waiting For Anything More
Today, December 5, marks the one year anniversary of the first Grand Theft Auto VI trailer. In the year since, Rockstar Games has not released any additional videos or images, while parent ...GameSpot - 6d -
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 -
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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 -
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