Latest in The CPI report Wednesday is expected to show that progress on inflation has hit a wall
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Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
Mysterious illness in Congo has killed dozens of people, health authorities report
A mysterious disease with flu-like symptoms has killed dozens of people in the Democratic Republic of the Congo, according to health officials.NBC News - Dec. 4 -
Trump's defence nominee hits out after reports he could be dropped
US media suggest the president-elect could replace Pete Hegseth, whose selection is under intense scrutiny.BBC News - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
ESPN on Disney+ launches Wednesday, as Disney looks to increase streaming subscribers
Like its integration of Hulu earlier this year, Disney has added an ESPN tile to its Disney+ homepage to encourage more bundle subscriptions and reduce churn.Los Angeles Times - Dec. 4 -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Eli Lilly crushed Novo Nordisk's in a head-to-head obesity drug trial. Salesforce and Marvell shares surged on earnings.CNBC - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.
The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.MarketWatch - Dec. 4 -
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Data Dump Wednesday: 10 stats to know for Week 14 + 4 players to stash on your bench | Yahoo Fantasy Forecast
Week 13 has come and gone. Time to set our sights for Week 14. Matt Harmon and Sal Vetri are back for another 'Data Dump Wednesday' by sharing 10 data points you need to know for Week 14 to ...Yahoo Sports - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Wednesday Briefing: A Brief Martial Law in South Korea
Plus, become a gladiator for a day.The New York Times - Dec. 3 -
Michel Barnier defends budget in TV interview as government faces no confidence vote on Wednesday – live
Minority government of prime minister faces near-certain defeat in a no-confidence vote that could spark crisis. The Libertés, indépendants, outre-mer et territoires (Liberties, Independents, ...The Guardian - Dec. 3 -
Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns
Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technologyFinancial Times - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.NBC News - Dec. 3 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
US blasts countries that ‘stood in the way of progress to protect their profits’ over collapsed plastic talks
The White House criticized a group of oil-rich countries as well as corporations who make money from plastic production in a new statement after global talks for a treaty to reduce plastic waste ...The Hill - Dec. 3 -
‘Progressive except for Palestine’: how a tech charity imploded over a statement on Gaza
The board of the non-profit Code for Science & Society blocked a statement against genocide. The fallout tore the high-profile organization apart. Miliaku Nwabueze, a senior program manager at Code ...The Guardian - Dec. 3 -
Barnier to face no-confidence vote on Wednesday
French government likely to fall after just 3 months in office over PM’s attempt to force through budget measuresFinancial Times - Dec. 3 -
French lawmakers to hold no-confidence vote against embattled Barnier government on Wednesday
The motion will be debated at 4 p.m. on Wednesday, expected to be followed by a vote later in the evening.CNBC - Dec. 3 -
The best TV shows of 2024
In a year filled with quality series, these subjective choices indicate that great TV shows keep being made, even if the industry is in a bit of slump, our television critic says.Los Angeles Times - Dec. 3 -
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Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2
