Inflation Adjusted Wages

Scott Bessent believes federal minimum wage should not be increased

Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should ...

NBC News - Jan. 16

Trump's picks are grilled on climate, tariffs and inflation in third day of hearings

The Senate Judiciary Committee will hold Day 2 of the confirmation hearing for Pam Bondi's expected nomination for attorney general.

NBC News - Jan. 16

Inflation: still quite annoying

The direction of travel remains mostly sideways

Financial Times - Jan. 16

Trump to inherit 5-month high inflation rate

President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...

CBS News - Jan. 15

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The New York Times - Jan. 15

Bitcoin touches $100,000 again as a cool inflation reading fuels risk appetite

Bitcoin extended its rebound on Wednesday, touching $100,000 after another encouraging inflation report stirred risk-on appetite.

CNBC - Jan. 15

Core inflation rate slows to 3.2% in December, less than expected

The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.

CNBC - Jan. 15

Here's the inflation breakdown for December 2024 — in one chart

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.

CNBC - Jan. 15

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - Jan. 15

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The New York Times - Jan. 15

Why a small drop in inflation matters to you

The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.

BBC News - Jan. 15

Inflation report shows upsurge days before Trump takes office

Prices rose 2.9% in December compared to a year ago.

ABC News - Jan. 15

UK inflation unexpectedly cools to 2.5%, core price print slows further

U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.

CNBC - Jan. 15

Kate Middleton's cancer is now in remission: 'It takes time to adjust to a new normal'

Catherine, Princess of Wales, confirmed Tuesday that her cancer is in remission during a visit with the staff and patients of the Royal Marsden in Chelsea.

Los Angeles Times - Jan. 14

ECB’s chief economist warns of too-low inflation if rates stay high

Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’

Financial Times - Jan. 13

Is US inflation set to rise further?

Market Questions is the FT’s guide to the week ahead

Financial Times - Jan. 12

Reeves 'to wage war on waste' and 'Nine-jobs Nigel'

"Growing disquiet" in the Labour Party and Nigel Farage's "side-hustles" lead Sunday's newspapers.

BBC News - Jan. 12

Why this fund manager is fighting higher inflation with dividend stocks

These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.

MarketWatch - Jan. 11

Why deporting undocumented workers will stoke inflation and sink Social Security

Inflation, which appears to be settling at about 2.5% annually, could jump to 4.5%.

MarketWatch - Jan. 11

Consumer expectations for higher inflation soar in early January

Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.

MarketWatch - Jan. 10

College basketball rankings: After a slow start, Purdue is heating up as it adjusts to life without Zach Edey

The Boilermakers, ranked No. 15 in the CBS Sports Top 25 And 1, defeated Rutgers for their fourth straight victory

CBS Sports - Jan. 10

TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World

TikTok is challenging a possible ban or forced sale to new owners in the United States, but has for several years been waging other fights in at least 20 countries.

The New York Times - Jan. 10

U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks

An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.

The Wall Street Journal - Jan. 9

Park City Strike Ends With Increase in Wages for Ski Patrollers

The nearly two-week strike hobbled the largest U.S. ski resort during a busy holiday period and sparked online fury about deepening economic inequality in rural mountain areas.

The New York Times - Jan. 9

Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation

“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”

The New York Times - Jan. 9

China's consumer inflation slows further in December, stoking deflation worries

China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.

CNBC - Jan. 9

Treasury: Covid Stimulus May Have Contributed to Inflation

Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.

Inc. - Jan. 8

Fed braces for Trump inflation bump

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...

The Hill - Jan. 8

Fed’s Waller sees cooler inflation despite higher forecasts

Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...

The Hill - Jan. 8

Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation

Treasury Secretary Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more in an exit interview on CNBC's "Money Movers."

CNBC - Jan. 8

Meta goes ‘MAGA’: Facebook adjusts fact-checking approach as Zuckerberg touts ‘free expression’ and cites ‘cultural tipping point’

“We’re going to work with President[-elect] Trump to push back on governments around the world that are going after American companies and pushing to censor more,” Meta CEO Mark Zuckerberg said.

MarketWatch - Jan. 7

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