Latest in Key Fed measure shows core inflation at 2.8%, in line with expectations
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Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
EU fears Trump rolling back Biden-era measures
Bloc concerned about president-elect reversing US sanctions against Russia and other policiesFinancial Times - Jan. 10 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
Key moments to expect at Jimmy Carter's state funeral
Norah O'Donnell previews the special coverage of former President Jimmy Carter's state funeral, highlighting what to expect as the nation bids farewell to the 39th president at the Washington ...CBS News - Jan. 9 -
Scientists drill nearly 2 miles down to pull 1.2 million-year-old ice core from Antarctic
An international team of scientists announced Thursday they’ve successfully drilled one of the oldest ice cores yet, penetrating nearly 2 miles (2.8 kilometers) to Antarctic bedrock to reach ice ...NBC News - Jan. 9 -
Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation
“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”The New York Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - Jan. 8 -
Senators introduce measure making daylight saving time year-round standard
Sen. Rick Scott (R-Fla.) reintroduced legislation to make daylight saving time year-round on Tuesday, touting bipartisan support for the measure. “I hear from Americans constantly that they are ...The Hill - Jan. 8 -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - Jan. 8 -
Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation
Treasury Secretary Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more in an exit interview on CNBC's "Money Movers."CNBC - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Forget 2 per cent — there is a better way to measure global security contributions
Hammering countries about Nato’s target has not made the world a safer placeFinancial Times - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
More dangerous winds expected in California
As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.CBS News - Jan. 7 -
Lions expect Montgomery to be ready for playoffs
Detroit Lions coach Dan Campbell said he expects veteran running back David Montgomery, who suffered an MCL injury in the Week 15 loss to the Buffalo Bills and has been sidelined the past three ...ESPN - Jan. 7 -
Houses passes immigration measure named after Laken Riley
House Republicans focused their attention on the border with their first bill of the year, passing legislation named after the slain Georgia student Laken Riley that would require detention of ...The Hill - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
CES 2025 is here. What can we expect from the annual show of all things tech?
CES, the annual trade show of all-things tech, is upon usABC News - Jan. 6 -
Sabres Make Fascinating Changes To Lines
The Sabres have made some changes to their lines at their morning skate.Yahoo Sports - Jan. 6 -
Intel unveils new Core Ultra processors with 2X to 3X performance on AI apps
Intel unveiled new Intel Core Ultra 9 processors today at CES 2025 with as much as two or three times the edge performance on AI apps.VentureBeat - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
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Musk and the red lines of rightwing politics
Tory calls for new national probe into child rape gangs — that it did not make in government — expose opposition anxietiesFinancial Times - Jan. 6 -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
How New Orleans' security measures failed to prevent a vehicle attack, experts say
New Orleans has 700-pound steel barriers but did not put them on Bourbon Street until a day after the attack, which the lieutenant governor called “a complete failure of responsibility.”NBC News - Jan. 4 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
CES 2025 preview: What to expect at tech’s biggest show | The DeanBeat
Next week at the CES 2025 trade show in Las Vegas, we'll once again be able to see and hear about the latest tech trends in person.VentureBeat - Jan. 3 -
Security measures boosted ahead Jimmy Carter funeral in D.C.
Washington, D.C., is bolstering security measures for several big events occurring in the nation's capital, including the funeral of former President Jimmy Carter. CBS News' Skyler Henry has more ...CBS News - Jan. 2