Latest in Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem
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Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem
The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto Musalem said Monday.CNBC - 8h -
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies
Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.Inc. - Feb. 20 -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - 6d -
Germany to move toward 'independence' from US, new leader says
Friedrich Merz's CDU party emerged as the largest party in Germany's parliament, the Bundestag, earning 28.6% of the vote.ABC News - Feb. 24 -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - Feb. 23 -
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 3d -
Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.MarketWatch - 4d -
After a Revolution, a Move Toward Politics as Usual in Bangladesh
Some of the students who took part in last year’s uprising that ousted the nation’s autocratic leader are leaving the interim government to start a political party.The New York Times - 3d -
Europeans move towards seizing €200bn of Russian assets
French discuss proposal for Kremlin to lose securities if it breaches a future ceasefireFinancial Times - 6h -
Treasury yields fall as investors await Fed’s favorite inflation measure
U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.CNBC - 3d -
Fed's favorite core inflation measure hits 2.6% in January, as expected
The PCE price index was expected to show an annual inflation rate of 2.5% in January.CNBC - 3d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 3d -
Rocket Lab makes ‘bold’ satellite move, but shares slide on weak outlook
Rocket Lab USA Inc. shares fell about 13% in extended trading Thursday after the space-launch company topped Wall Street’s fourth-quarter revenue estimates but gave a weaker-than-expected ...MarketWatch - 4d -
3 home equity borrowing moves to make before the March Fed meeting
With another Federal Reserve meeting set for March, potential home equity borrowers should consider these moves now.CBS News - Feb. 21 -
Wildfire Burning on Table Mountain Moves Toward Cape Town
Firefighters have battled a blaze on the slopes in the national park for days. The fire spread overnight toward Cape Town’s central business district.The New York Times - 5d -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - 4d -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - 4d -
We're raising our Coterra Energy price target after a solid quarter, slight outlook tweak
Capital efficiency was a highlight with output levels above management's outlook range and spending near the low end.CNBC - 6d -
Bitcoin drops to a 3-month low below $90,000 in risk-off move
Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next market catalyst.CNBC - 6d -
Majority of Americans say income not matching inflation: Poll
A majority of Americans say their income is not matching pace with inflation, a new survey found. According to the CBS News/YouGov poll released Thursday, 77 percent of respondents say their income ...The Hill - 4d -
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Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 3d -
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.CNBC - 3d -
Rail fare rise 'piles on misery', campaigners say
People are being "priced off" the railways, one group says, as ticket prices in England and Wales rise by 4.6%BBC News - 1d -
Lydia Ko moves into contention in Round 2 of HSBC Women's World Championship
Lydia Ko moved to within a shot of the lead with a 5-under 67 second round at the HSBC Women's World ChampionshipYahoo Sports - 3d -
Americans say incomes not keeping up with inflation — CBS News poll
Americans express concern about their ability to pay bills and save money.CBS News - 4d -
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.CNBC - 1d -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
Colombia risks return to violent past, says architect of landmark peace deal
Exclusive: The bloody foundering of President Gustavo Petro’s ‘Total Peace’ strategy is a ‘national failure’, says Juan Manuel Santos, who ended war with Farc guerrillas in 2016. Colombia risks ...The Guardian - 5d -
Plant diverse tree species to spread risk in climate crisis, study says
Uncertainty over climate and economy means ‘investment portfolio’ approach needed, researchers say. An “investment portfolio approach” needs to be applied to large-scale tree planting across the ...The Guardian - 7h -
Moving the Goalposts | How can women’s football hold on to its unique selling point amid rising abuse?
This week’s newsletter wonders if we can still find the balance between access to players as well as providing them with the protection that ensures their safety?. When did we stop seeing those in ...The Guardian - 5d -
DOGE need to be more 'targeted' and 'thoughtful' with cuts, says GOP lawmaker
Rep. Nicole Malliotakis (R-N.Y.) joins Meet the Press NOW to discuss how House Republicans plan on passing a budget resolution containing President Trump’s tax and spending priorities.NBC News - Feb. 24 -
Emil Bove, Justice Dept.’s No. 2, Targets NY Office Where He Rose as a Prosecutor
The forceful approach that Emil Bove III has taken toward the Southern District of New York underscores his own fraught relationship with the office that gave him the expertise to do so.The New York Times - 6d -
Rolls-Royce shares surge as group to hit profit targets 2 years early
Stock climbs 15% as results boosted by strong demand for jet enginesFinancial Times - 4d -
StanChart CEO says bonus cap led to ‘grotesque’ banker pay rises
Lender reduces chief executive’s basic pay by 40% but higher reward possible after UK’s abolition of capFinancial Times - Feb. 21 -
Mother says "it's terrifying" as measles cases rise in Texas amid outbreak
Texas is facing its largest measles outbreak in decades. At least 124 people have come down with the virus — mostly kids and those who are not vaccinated. The outbreak has spread across nine ...CBS News - 5d -
Autodesk says it’s cutting 9% of its workforce, and shares rise
Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...MarketWatch - 4d -
Elon Musk says he's sending Starlink tech to FAA while saying, without evidence, that air safety is 'at risk'
Executives at major airlines told CNBC on Thursday that they do not see the FAA infrastructure as an immediate safety risk.CNBC - 4d -
Bracketology: Tennessee faces Texas A&M in battle of No. 2 seeds who could move up if a top-line team falls
This weekend could see some movement in Jerry Palm's NCAA Tournament bracket projectionCBS Sports - Feb. 21
