Latest in PCE Report Showed Inflation Eased Slightly in January
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PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.The New York Times - 2h -
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 - 7h -
Here's what to know about today's inflation data from the PCE report
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.CBS News - 7h -
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 - 5h -
Hegseth confirms report on Trump easing rules on military raids, airstrikes
Defense Secretary Pete Hegseth confirmed Friday that he received President Trump’s approval to repeal restrictions on military raids and airstrikes, signaling a stark shift away from regulations ...The Hill - 5h -
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 -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - Feb. 20 -
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 -
Pope's condition has slightly improved, Vatican says
The Vatican says the Pope's condition has improved as he spends an 11th day in hospital with double pneumonia.BBC News - 3d -
Vatican update on Pope Francis' health slightly improving
The Vatican says Pope Francis' health is slightly improving and its latest report has some positive news about his progress. CBS News' Chris Livesay reports.CBS News - 2d -
Trump eases rules on military raids and airstrikes
The increase in the range of people who can be targeted by the U.S. military dismantles Biden-era mandates that included more safeguards.CBS News - 23h -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial Times - Feb. 21 -
Willingness to ease off ‘debt brake’ may decide the German election
Rule dating from 2009 that limits borrowing looks vulnerable as main political parties promise to revive stalled economy. Germany is used to running its economy with the brake on. Ever since the ...The Guardian - Feb. 21 -
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.CNBC - Feb. 21 -
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Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago.CNBC - 1d -
FAA clears SpaceX for another Starship test flight after explosion in January
SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, the FAA announced Friday.CNBC - 31m -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - Feb. 20 -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 2d -
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 - 18h -
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 - 8h -
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Dortmund eases past Sporting Lisbon as Champions League focus turns to Real Madrid and Man City
Borussia Dortmund’s routine elimination of Sporting Lisbon was a tame warmup for the Real Madrid-Manchester City showdown in the Champions League playoffs round WednesdayABC News - Feb. 19 -
UK develops AI CV-writing tool to ease pressure on job support staff
Plan will free up work coaches for more ‘valuable’ employment as ministers seek to cut welfare billFinancial Times - 4d -
M23 militia’s advance in eastern DRC has killed 7,000 since January, UN told
DRC prime minister tells human rights council fighting has left about 450,000 without shelter after camps destroyed. About 7,000 people have died in fighting in the east of the Democratic Republic ...The Guardian - 4d -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 2h -
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 -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - Feb. 21 -
Just 1 in 3 approve of job Trump doing on inflation: Survey
Just 1 in 3 people approve of the job President Trump is doing to curb inflation, a survey released Sunday found. Thirty-two percent of respondents in the poll, released Sunday by Reuters and ...The Hill - 4d -
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.The New York Times - 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 - 21h -
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 - 8h -
German inflation stays unchanged at hotter-than-expected 2.8% in February
The February print compares to a 2.7% estimate from economists surveyed by Reuters.CNBC - 7h -
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Inflation didn’t get any worse. When will it start going down again?
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.MarketWatch - 1h -
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Most say health care costs, inflation biggest issue facing Americans: Pew
A new survey from Pew Research Center has found that most Americans think inflation, health care cost, and the federal budget deficit are major issues confronting the nation. Of those polled, 45 ...The Hill - Feb. 21 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21