Latest in Data U.s Inflation
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Exxon Plans to Sell Electricity to Data Centers
The country’s largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology companies.The New York Times - 9h -
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.CNBC - 10h -
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 - 13h -
U.S. Data Agency Blames Old Tech and Other Failures for Missteps
The Bureau of Labor Statistics, which tracks jobs and inflation, issued a report on what caused embarrassing episodes in which data was released improperly.The New York Times - 1d -
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 7h -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 8h -
US inflation rose to 2.7% in November
Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next weekFinancial Times - 10h -
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 - 13h -
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 - 17h -
‘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 - 18h -
Pay UK bosses like football stars, says Lord Spencer
Founder of ICAP claims boosting chief executives’ salaries would help London’s competitivenessFinancial Times - 22h -
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 - 1d -
The aging U.S. power grid is slowing Big Tech’s data centers and AI’s future
The Trump administration and state policymakers should ease regulations on utilities.MarketWatch - 4d -
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 - 5d -
Keeping Your Personal Data Safe in the Age of Trump
Our security and business editors join us to discuss how you can protect your personal information from data brokers, tech companies, scammers, and the government.Wired - 5d -
Data centers proliferate nationwide, encroaching on cities, suburbs
Abutting homes, schools an parks, the sprawling warehouses are a huge drain on local resources and major pollutant.CBS News - 6d -
AI Data Centers Sprout and Grow With Increased Demand
Meta plans to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facility.Inc. - 6d -
As data centers proliferate, conflict with local communities follows
The sprawling, windowless warehouses that hold rows of high-speed servers powering almost everything the world does on phones and computers are increasingly becoming fixtures of the American ...ABC News - 6d -
AWS debuts advanced RAG features for structured, unstructured data
AWS looks to make RAG easier and automatic with new enterprise AI tools that help organizations with structured data retrieval, GraphRAG and unstructured data support.VentureBeat - Dec. 4 -
New data on CTE risk for hockey players
A new study is offering more data on the increased risk of CTE among hockey players. Dr. James Noble, a neurology professor at Columbia University, joins CBS News with more.CBS News - 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 -
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 -
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 -
Terns’s stock soars as analysts cheer leukemia data — and predict more gains
The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill.MarketWatch - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
FTC Says Data Brokers Unlawfully Tracked Protesters and US Military Personnel
The FTC is targeting data brokers that monitored people’s movements during protests and around US military installations. But signs suggest the Trump administration will be far more lenient.Wired - Dec. 3 -
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 -
AWS SageMaker is transforming into a combined data and AI hub
The next-generation of SageMaker will make accessing data assets and wide-ranging tools to make the most of them faster than ever.VentureBeat - 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 -
Funding issues and ‘over-optimism’ behind UK failures on jobs data
Statistics agency review reveals flaws that left policymakers without a reliable unemployment figure for a yearFinancial Times - Dec. 3 -
Terns Pharma broadens beyond obesity drugs with upbeat data in leukemia trial
Terns Pharmaceuticals Inc.’s stock jumped 7.5% premarket Tuesday, after the company announced positive data from an early-stage trial of a treatment for chronic myeloid leukemia.MarketWatch - Dec. 3 -
Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.Wired - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
U.S. 10-year Treasury yield is little changed as investors look to key labor data this week
Investors awaited economic data, expected to be published through the week, including labor and manufacturing insights.CNBC - Dec. 2 -
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 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - Dec. 2
