Inflation ticks up slightly in October, report shows

A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.

U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

Business - The New York Times - Yesterday

What to know about the inflation report.

A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.

Top stories - The New York Times - Yesterday

Inflation ticks up for first time since March

The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September's 2.4%. The uptick means the Federal Reserve's 2% target rate is ...

Inflation Rose Slightly in October, But Two-Year Downward Trend Remains

Higher prices on rent, used cars and air fares contributed to a statistical bump in the Labor Department’s measures of inflation, which most affect consumers.

Business - Inc. - 23 hours ago

Inflation ticked up as voters cast ballots, but price growth for many basics holds steady

Price growth ticked higher in October as voters began casting ballots in a presidential election in which economic concerns played a big role.

Bird flu cases in people quietly tick up, with dozens reported across 6 states

Four new cases of bird flu were detected in farmworkers in Washington state this week. Human infections have cropping in six states as the virus spreads among farm animals.

October Jobs Report Shows Hiring Slowed Amid Storms and Strikes

U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.

Business - The New York Times - November 2

Inflation rises slightly as economy reacts to interest rate cuts

New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.

Unemployment rises as pay growth slows again

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

Jobless rate ticks higher in October for white Americans, bucking the broader trend

The unemployment rate for white workers crept higher in October, running counter to the overall trend.

Business - CNBC - November 1

Eurozone inflation rises to 2% in October

Annual figure is slightly above expectations and matched the ECB’s target

Business - Financial Times - October 31

As Mets Show Fatigue in N.L.C.S., Time Could Be Ticking on Their Magical Season

The Mets face elimination after falling to the Dodgers, 10-2, in the National League Championship Series.

Sports - The New York Times - October 18

Here's the inflation breakdown for October 2024 — in one chart

Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car insurance, are trouble spots.

Business - CNBC - Yesterday

China reports third-quarter GDP growth of 4.6%, slightly beating expectations

Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."

Business - CNBC - October 18

Construction spending ticks up to four-month high in September

Construction spending rose 0.1% in September, the Commerce Department reported Friday.

Business - MarketWatch - November 1

Mortgage delinquencies ticked up in September for the 4th month in a row

Rising interest rates and hurricane-related pressures are driving an increase in late mortgage payments, Intercontinental Exchange says.

Business - MarketWatch - November 5

Wholesale prices up 0.2% in October

A day after the CPI report revealed a rise in inflation for October, the producer price index is showing a similar increase for wholesale goods. CBS News MoneyWatch correspondent Kelly O'Grady has ...

When do late credit card payments show up on your credit report?

If you've made a late credit card payment recently, here's when it could start impacting your credit score.

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.

Business - CNBC - October 31

New inflation data shows increase, days after election

Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.

Annual inflation rate hit 2.6% in October, meeting expectations

The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.

Business - CNBC - Yesterday

Inflation rises 2.6% in October after Fed starts interest rate cuts

U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

China new home prices grow slightly faster in Oct, private survey shows

World - Yahoo News - November 1

AP Top 25 poll: Ohio State ticks up to No. 3, Clemson plummets in college football rankings

A chaotic weekend filled with upsets created plenty of movement in Sunday's poll

Sports - CBS Sports - November 3

Morning Report — Trump, Puerto Rico and the October surprise?

In today’s issue: One week to go. Seven days before Election Day, Vice President Harris and former President Trump are making their closing arguments to voters, and their last-week appearances ...

Politics - The Hill - October 29

What to know about inflation as data shows slight rise

if a rise in inflation becomes a trend it could affect the Federal Reserve's quest to reach its target rates and keep the economy healthy. CBS News' Kelly O'Grady has more on the new data.

Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation

U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while.

Business - MarketWatch - 5 hours ago

U.S. inflation shows signs of improvement as prices stabilize since 2022

As inflation nears the government's two percent target, food prices continue to rise while energy costs decline. Jill Schlesinger explains what these changes mean for consumers.

The 50 Best Shows on Disney+ Right Now (October 2024)

Agatha All Along, The Simpsons, and Lego Star Wars: Rebuild the Galaxy are just a few of the shows you should be watching on Disney+ this month.

Tech - Wired - October 22

ISM factory index drops, marking 7th straight month below growth threshold

The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.

Business - MarketWatch - November 1

The Musk-led group driving millions to Trump’s White House bid

Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox News

World - Financial Times - October 17

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