Latest in Admits Russian Inflation
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Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.CBS News - Dec. 11 -
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 - Dec. 11 -
Price growth ticked up in November as inflation progress stalls
Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling.NBC News - Dec. 11 -
Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...NBC News - Dec. 11 -
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 - Dec. 11 -
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 -
‘Super user’ controversy spurs new rules on key U.S. inflation report
So-called Wall Street super users will no longer get inside information on how the government calculates its inflation estimates or other sensitive economic data.MarketWatch - Dec. 11 -
Yellen warns Trump’s sweeping tariffs could ‘derail’ inflation progress
US Treasury secretary says broad trade penalties might ‘significantly raise costs to households’Financial Times - Dec. 10 -
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 -
Treasury yields finish higher for second day, ahead of CPI inflation data
Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...MarketWatch - Dec. 10 -
Valverde admits Madrid not used to UCL struggles
Federico Valverde admitted it's "tough" to see Real Madrid struggling in Europe -- a situation they "aren't used to" -- as the Champions League holders prepare to face Atalanta on Tuesday.ESPN - Dec. 10 -
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Russian spies planned to kidnap journalist, trial hears
The Old Bailey has heard a Russian spy cell planned to kidnap a journalist and smuggle him out of the UK.BBC News - Dec. 10 -
Champion cyclist admits to lesser charge after death of Olympian wife
Rohan Dennis admitted to a charge of creating a risk of harm in relation to the December 2023 road death of his Olympian wife Melissa Hoskins.CBS News - Dec. 10 -
Russian authorities arrest dual Russian German citizen on sabotage accusations
Russia’s top domestic security agency says it has arrested a dual Russian German citizen accused of planning to blow up railway tracks on orders from Ukrainian intelligenceABC News - Dec. 10 -
I want a top international coaching job – but not Wales, admits Ronan O’Gara
La Rochelle coach has won two Champions Cup titles ‘I’d prefer Ireland, England or France,’ says former fly-half Ronan O’Gara has declared his interest in taking a top international coaching ...The Guardian - Dec. 9 -
Major water company uses accounting trick to inflate balance sheet by £1.68bn
A substantial Severn Trent Water investment is based on IOU notes - BBC Panorama finds.BBC News - Dec. 9 -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - Dec. 9 -
Fans Bring Inflatable Palm Trees to Games After Executive’s Comments on Buffalo
The Sabres’ general manager said the team had trouble attracting free agents because of its location: “We don’t have palm trees. We have high taxes.”The New York Times - Dec. 8 -
Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - Dec. 7 -
Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStop
CNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.CNBC - Dec. 6 -
Romania Scraps Election After Russian Influence Allegations
The presidential election was canceled after the government accused Moscow of a TikTok campaign to propel a pro-Kremlin candidate to the fore.The Wall Street Journal - Dec. 6 -
Canada boosting Arctic presence in face of Russian threats
New plans include more aircraft and drones to grow foothold as other powerful countries seek base in far north. Canada will boost its military and diplomatic presence in the Arctic to counter ...The Guardian - Dec. 6 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
After decades of denial, the Pentagon finally admits it’s baffled by UFOs
After nearly eight decades of official denial and obfuscation of the UFO phenomenon, the new head of the Pentagon’s UFO analysis office made a remarkable admission last month.The Hill - Dec. 6 -
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 -
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 -
Russian General Calls U.S. Chairman of Joint Chiefs
In a highly unusual call, the two men “discussed a number of global and regional security issues, to include the ongoing conflict in Ukraine,” a spokesman said.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 -
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 -
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Fetterman jokes he'd consider confirming DeSantis if he admits to lifts
Sen. John Fetterman (D-Pa.) joked Wednesday that he’d consider confirming Florida Gov. Ron DeSantis (R) as Defense secretary if he admits to the use of lifts in his shoes. “I’ll consider a YES on ...The Hill - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Government admits British Steel nationalisation is one rescue option
Public ownership for lossmaking business least preferred route as deal sought over future with Chinese ownerFinancial Times - 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 -
Moscow approves sale of Carlsberg’s Russian assets for $322mn
Danish brewer had previously accused the Kremlin of ‘stealing’ the businessFinancial Times - Dec. 3 -
Mum admits neglecting son before alleged murder
Paula Roberts changes her plea in the trial over the death of her son Charlie.BBC News - Dec. 3 -
Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.The Wall Street Journal - Dec. 3 -
US woman admits drink-driving in crash that killed bride on wedding day
Samantha Miller was fatally hit while travelling in a golf cart and still wearing her wedding dress.BBC News - Dec. 3 -
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