Latest in U.S. inflation shows signs of improvement as prices stabilize since 2022
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U.S. inflation shows signs of improvement as prices stabilize since 2022
As inflation nears the government's two percent target, food prices continue to rise while energy costs decline. Jill Schlesinger explains what these changes mean for consumers.Top stories - CBS News - 10 hours ago -
Inflation ticks up slightly in October, report shows
A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.Top stories - NBC News - Yesterday -
New inflation data shows increase, days after election
Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.Top stories - ABC News - Yesterday -
World's largest active volcano Mauna Loa showed telltale warning signs before erupting in 2022
Scientists can’t know precisely when a volcano is about to erupt, but they can sometimes pick up telltale warning signsTech - ABC News - 2 days ago -
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while.Business - MarketWatch - 10 hours ago -
Some U.S. grocery prices are dipping for the first time since 2020
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.Top stories - CBS News - 2 days ago -
Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’
Case-Shiller 20-city home price index rose 5.2% year-on-year in August.Business - MarketWatch - October 29 -
Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand
Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...Business - MarketWatch - October 30 -
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Stable Diffusion 3.5 debuts as Stability AI aims to improve open models for generating images
Stability AI is looking to retake the lead in text to image generative AI with Stable Diffusion 3.5.Tech - VentureBeat - October 22 -
Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’
Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back ...Business - MarketWatch - October 17 -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
Inflation ticks up for first time since March
The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September's 2.4%. The uptick means the Federal Reserve's 2% target rate is ...Top stories - CBS News - Yesterday -
How gold prices reflect inflation expectations
Climbing gold prices may signal deeper worries about inflation. Here's what to consider now.Top stories - CBS News - Yesterday -
Trump shows fresh signs of momentum
Welcome to The Hill's Campaign newsletter {beacon} Campaign Report Campaign Report The Big Story Trump shows fresh signs of momentum Vice President Harris saw a big surge, closing the gap with ...Politics - The Hill - October 24 -
Browns RB Nick Chubb makes return from knee injury, scores first rushing TD since 2022
Nick Chubb was back for the first time since Week 2 of last season.Sports - Yahoo Sports - October 20 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
30-year bond yield closes with biggest jump since 2022 after Trump wins
U.S. government debt aggressively sold off on Wednesday, pushing the 30-year yield up by the most in two years, as traders factored in the likely trade and deficit policies of a second Trump ...Business - MarketWatch - November 6 -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
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Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - October 31 -
Texas Instruments earnings show some improvements, despite weak industrial sales
Texas Instruments grew overall revenue on a sequential basis, though industrial sales still dropped sequentially.Business - MarketWatch - October 23 -
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Microsoft and OpenAI’s Close Partnership Shows Signs of Fraying
The “best bromance in tech” has had a reality check as OpenAI has tried to change its deal with Microsoft and the software maker has tried to hedge its bet on the start-up.Tech - The New York Times - October 21 -
American evangelicals’ faith in Trump shows signs of weakening
Democrats are trying to win over white churchgoers who have tired of the ex-president’s behaviourWorld - Financial Times - October 22 -
Knicks showing interest in signing sharpshooter Matt Ryan
With the Knicks still needing to add a couple of players to their roster over the first few weeks of the season, SNY's Ian Begley has confirmed that veteran sharpshooter Matt Ryan is on their radar.Sports - Yahoo Sports - October 22 -
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Bulls are showing positive signs, but what exactly is their plan?
The Bulls are taking a step in the right direction, but they aren't a title contender and a 2025 first-round pick is not guaranteed.Sports - Yahoo Sports - November 4 -
Echoes of U.K.’s 2022 bond crisis weigh on Treasury market ahead of U.S. election
A selloff in the U.K. bond market on Thursday, triggered by concerns about planned government borrowing, sent the country’s yields higher in a manner slightly reminiscent of the 2022 gilt crisis ...Business - MarketWatch - October 31 -
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Business - MarketWatch - October 16 -
Trump’s improving election odds have powered bitcoin to its highest level since July
Bitcoin was posting further gains on Wednesday, reaching as high as $68,390 — its loftiest level since July 29.Business - MarketWatch - October 16 -
Indiana improves to 8-0 without QB Kurtis Rourke, riding defense and run game to best start since 1967
The Hoosiers showed their versatility in a hard-fought win without their star quarterbackSports - CBS Sports - October 26 -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
What to know about inflation as data shows slight rise
if a rise in inflation becomes a trend it could affect the Federal Reserve's quest to reach its target rates and keep the economy healthy. CBS News' Kelly O'Grady has more on the new data.Top stories - CBS News - Yesterday -
U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.Business - The New York Times - Yesterday -
Polls show an election that could be the 'closest since Bush v. Gore'
There are few predictions about the November election, let alone the kind of consensus views that defined the final days of the last four presidential campaigns.Top stories - NBC News - October 19 -
Americans are most optimistic about the economy since 2021, consumer sentiment shows
Growing optimism about how the economy will perform in 2025 pushed a survey of consumer sentiment to a seven-month high shortly before the presidential election that saw former President Donald ...Business - MarketWatch - 6 days ago