Latest in Pay after inflation rises at fastest rate since 2021
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Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says
"Inflation is much more sticky than we have been saying," UBS CEO Sergio Ermotti said Tuesday.CNBC - 11h -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - 14h -
Trump says he discussed TikTok in first call with Xi since 2021
Conversation between US and Chinese leaders comes days before president-elect’s inaugurationFinancial Times - 3d -
New report reveals rising cancer rates among women
The American Cancer Society finds cancer rates are increasing in women, surpassing men in some cases. Dr. Celine Gounder, CBS News medical contributor, joins "CBS Mornings" to discuss these ...CBS News - 4d -
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - 4d -
Cancer rates have increased for young women since 2002, research shows
While a new report from the American Cancer Society showed an overall drop in U.S. cancer deaths, it also highlighted an uptick in the number of young women being diagnosed with the disease. Dr. ...CBS News - 4d -
Fewer Americans are dying from cancer, but rates rising in women and young people
CBS News Chief Medical Correspondent Dr. Jon LaPook talks about the American Cancer Society's latest cancer report that shows both positive and concerning trends.CBS News - 4d -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - 5d -
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.The New York Times - 5d -
Not much inflation here: The cost of imports are barely rising ahead of Trump taking office
Most of the lingering problem with U.S. inflation is coming from within the nation’s borders. Not outside of it.MarketWatch - 5d -
Cancer deaths are down in U.S., but rates rise for some groups
The American Cancer Society's annual cancer trend report shows cancer mortality is decreasing but cancer rates are increasing in young adults and women.CBS News - 5d -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - 6d -
2-year yield plunges by most since September on mild core CPI inflation reading
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index came in softer than expected, handing yields their biggest one-day declines ...MarketWatch - 6d -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - 6d -
Surprise fall in inflation boosts interest rate cut hopes
Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.BBC News - 6d -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - 6d -
Stocks fall back to pre-Election Day levels amid renewed inflation and interest-rate concerns
The post-Election Day rally in stock prices is fading amid forecasts that the Federal Reserve will not lower interest rates as much as expected.NBC News - Jan. 13 -
These are the stocks that Morgan Stanley’s Mike Wilson sees standing up to rising rates
Investors should stick to quality names amid rising rates, says a team led by Morgan Stanley’s Mike Wilson.MarketWatch - Jan. 13 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
ECB’s chief economist warns of too-low inflation if rates stay high
Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’Financial Times - Jan. 13 -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 12 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
The unemployment rate for Black women fell in December, following a sharp rise
Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.CNBC - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - Jan. 9 -
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 -
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 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
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10-year Treasury yield ends at highest since April as inflation worries grow
U.S. government debt sold off aggressively on Tuesday, pushing the benchmark 10-year rate to its highest level in more than eight months, after an ISM services-sector reading contained signs of ...MarketWatch - 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 -
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 -
New York Crime Rate Falls, but Number of Felony Assaults Rises Again
Killings and shootings have dropped, but headlines have been dominated by terrifying crimes, like the killing of a woman who was burned to death on the F train.The New York Times - 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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Hospital flu cases rising at 'very concerning' rate, NHS England warns
The number of people with flu in hospital has quadrupled in the last month, the latest data shows.BBC News - Jan. 3 -
Breast cancer rates rising fastest in younger women, study finds
New research reveals breast cancer rates are increasing faster among younger women than any other group. Elaine Quijano reports on the findings.CBS News - Jan. 3