Latest in UK inflation rate hits highest level for eight months
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UK inflation rate hits highest level for eight months
Economists say the faster pace of price rises all but rules out an interest rate cut on Thursday.BBC News - 1h -
UK inflation increase solidifies expectations interest rates will be kept on hold
Inflation in the U.K. has risen to its highest level since MarchABC News - 2h -
UK inflation rises to 2.6% in November
Figure cements expectations Bank of England will hold interest rates steady on ThursdayFinancial Times - 4h -
UK inflation rises to 2.6% in November, in line with expectations
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.CNBC - 4h -
UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates
Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget. UK inflation data leaves Starmer miles off goal of growth ‘felt in people’s ...The Guardian - 5h -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 5h -
An Alabama woman is recovering well after a pig kidney transplant last month that freed her from eight years of dialysis
An Alabama woman is recovering well after a pig kidney transplant last month that freed her from eight years of dialysisABC News - 23h -
Elon Musk will not receive highest-level government security clearance – reports
The SpaceX head has been advised to not seek the same over his drug use and contacts with foreign nationals. The space entrepreneur Elon Musk is unlikely to receive government security clearances ...The Guardian - 1d -
Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 1d -
Economists trim Fed rate cut estimates on fear of Trump inflation surge
Deregulation, tax cuts and tariffs stoke probability of stubbornly high price growth, FT-Chicago Booth poll findsFinancial Times - 2d -
Eight injured, one critically, after doubledecker bus hits bridge in Glasgow
First Bus vehicle struck a railway bridge in Cook Street on the outskirts of the city at about 6pm on Saturday. Eight people have been injured, including one who is in a critical condition, after a ...The Guardian - 3d -
UK economy shrinks unexpectedly for second month in a row
The economy had been expected to return to growth but it contracted by 0.1%.BBC News - 5d -
UK economy shrinks for second month, contracting 0.1% in October
It marked the country's second consecutive economic downturn, following a 0.1% GDP decline in September.CNBC - 5d -
Sterling hovers near highest level against euro since Brexit vote
Single currency weighed down by weak economy and expectations of further interest rate cutsFinancial Times - 5d -
Eight-month-old baby airlifted to hospital after dog attack
A woman, 76, and a man, 18, have been arrested in connection with the attack near Folkestone.BBC News - 5d -
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.MarketWatch - 5d -
What to know after inflation rises for a second straight month
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what to know about the prices of products after the Consumer Price Index report for November showed inflation went up for ...CBS News - 5d -
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.Inc. - 6d -
UK ministers reject union calls to lift public sector pay to pre-austerity levels
Downing Street says wages can rise above inflation only with productivity gains to matchFinancial Times - 6d -
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. ...CBS News - 6d -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 6d -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 6d -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.MarketWatch - Dec. 11 -
The CPI report Wednesday is expected to show that progress on inflation has hit a wall
The consumer price index is expected to show a 2.7% 12-month inflation rate for November.CNBC - Dec. 10 -
Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
Heads of households expecting their financial situation to be better a year from now jumped to 37.6%.CNBC - Dec. 9 -
UK business confidence falls to lowest level in almost two years after Labour budget
British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government's bumper tax-raising budget, new data showed Monday.CNBC - Dec. 9 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
Market FOMO? We go to the charts for attractive purchase levels on 2 buy-rated stocks
Feeling shut out of this hot market? You're not alone.CNBC - Dec. 5 -
Food prices are at their highest levels in over a year. And these items will get even more expensive
Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to market watchers.CNBC - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - 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 -
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 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
CoD: Black Ops 6 Player Hit Prestige Level 1,000 Using Zombies Exploit, Rewards Revealed
Until recently, the final Prestige rewards for Call of Duty: Black Ops 6 and Warzone have been a secret, with players racing to compete for the chance to become the first in the world to hit ...GameSpot - Dec. 2