Inflation Anger
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CBS News - World
Kenya protests resume as leader's tax hike concession fails to quell anger
Kenyans furious over proposed tax hikes and the deadly police response to earlier protests take to the streets again - under much tighter security. -
MarketWatch - Business
Tractor Supply is the latest company to bail on DEI, following anger from conservatives
“We have heard from customers that we have disappointed them,” the company said. “We have taken this feedback to heart.” -
Financial Times - Business
Anger mounts at Biden’s inner circle after debate debacle
Democratic insiders alarmed by advisers’ reluctance to consider president’s exit from White House raceJoe Biden -
The Hill - Politics
Inflation flattens out
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation flatlines as pressure on Biden ramps up The Federal Reserve’s favorite inflation gauge rose 0 percent last month and was ...Inflation -
The Guardian - World
Rishi Sunak speaks of ‘hurt and anger’ at daughters having to hear Reform activist’s racist slur about him – UK general election live
PM responds to comments by Reform activists, who were filmed by Channel 4 reporter while canvassing in Clacton. Sign up to our Election Edition daily newsletterHere’s the latest in the Guardian’s series on The broken years: Tory Britain 2010-24:. ...United Kingdom -
NBC News - Top stories
‘Inflation is killing our country,’ Trump says
President Joe Biden and Former President Donald Trump went head to head answering questions about the economy and inflation during the first presidential debate.Donald Trump -
The Hill - Politics
Inflation flatlines in May as pressure on Biden ramps up
The Federal Reserve’s favorite inflation gauge flatlined in May, according to new federal data released Friday. Prices rose 0 percent in May and were up 2.6 percent from a year ago, according to the Commerce Department’s personal consumption ...Joe Biden -
The New York Times - Top stories
The Fed’s Preferred Inflation Measure Cools, Welcome News
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.Inflation -
The Wall Street Journal - World
Treasury Yields Fall on Soft PCE Inflation
Treasury yields fell as May PCE report showed inflation slowing as expected. -
Financial Times - Business
Why the Fed must change how it targets inflation
When a measure becomes a target . . .Federal Reserve -
CBS News - Top stories
Inflation measure preferred by Fed shows cooling prices
The better-than-expected PCE data is increasing expectations that the Fed could cut rates in September, analysts said.Federal Reserve -
Financial Times - Business
Le Pen, Trump and liberal panic
Liberals are in for a long struggle as nationalist populism surges in the US and EuropeDonald Trump -
Financial Times - World
French markets rally may prove rose-tinted
Turnout and the degree of fragmentation in first-round voting add to the uncertaintyFrance -
MarketWatch - Business
Treasury yields spike for second session as U.S. deficit and inflation come into focus
Rates on U.S. government debt finished at their highest levels in about three weeks on Monday, as traders focused on the prospects of continued federal deficits after November’s presidential election and structurally higher inflation. -
MarketWatch - Business
Fed’s Williams defends response to postpandemic inflation surge
New York Fed President John Williams defended the central bank’s delayed response to the outbreak of inflation in 2021 — saying that policymakers were grappling with extreme downside threats to the economy and financial markets in an atmosphere of ... -
CNBC - Business
There's a big Fed inflation reading coming Friday. Here's what to expect
There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday.Federal Reserve -
Financial Times - World
Football fans and Swifties rattle inflation-wary central bankers
Major sporting and cultural events fuel surge in hotel room prices and airline tickets in Europe -
The Wall Street Journal - World
Comex Gold, Silver Settle Higher
Gold settled 0.1% higher Friday, and silver rose 1.1%. Both metals posted gains for the quarter. -
MarketWatch - Business
Treasury yields finish higher despite May’s PCE data, for two straight quarters of advances
Yields on long-term U.S. government debt finished at more than two-week highs on Friday amid a round of selling that may have been driven by traders moving to close out month- and quarter-end positions. -
MarketWatch - Business
PCE inflation report likely to show little or no price increases in past month
The Federal Reserve has been waiting for good news on inflation all year — and now it looks like it’s going to get it on Friday. -
The Wall Street Journal - World
ECB's Villeroy Says Bank Can Disregard Inflation 'Bumps'
Policymakers at the European Central Bank should place less weight on data pointing to increases in measures of inflation that are likely to prove transitory given the greater reliability of economic forecasts over recent quarters, the governor of ... -
Financial Times - Business
Federal Reserve’s preferred inflation metric edges down to 2.6%
Markets continue to bet on prospect of interest rate cuts from US central bank by end of 2024 -
The Wall Street Journal - World
Core Inflation Gauge Hits Lowest Increase Since 2021
Core Inflation Gauge Hits Lowest Increase Since 2021 -
The Wall Street Journal - World
Slowing U.S. Inflation Fuels Expectations of Interest Rate Cuts
With the Fed’s preferred inflation gauge meeting market expectations, the possibility of interest rate cuts remains alive. -
MarketWatch - Business
Consumer sentiment perks up at the end of June, but inflation still a big worry
Consumers were slightly more optimistic about the economy at the end of June, but the effects of high inflation in the past few years still weighed on their minds. -
MarketWatch - Business
Can McDonald’s make money on $5 meals when inflation is so high?
Also: Stock-market winners and losers for the first half of 2024, a possible AI infrastructure bubble and personal financial advice -
MarketWatch - Business
Good news on PCE inflation may not be enough to help Biden after that debate
While Friday’s encouraging inflation data might be helpful to President Joe Biden, the spotlight at the moment remains on his widely panned performance in a debate against presumptive Republican nominee Donald Trump.Joe Biden -
Financial Times - World
US inflation edges down as Democrats fret over Biden
Also in this newsletter: UK growth revised upwards, France readies for election, science round-upJoe Biden -
The Guardian - World
Banksy launches inflatable migrant boat artwork during Idles’ Glastonbury set
Band say they were unaware of stunt by artist until after their set headlining the Other stage. Glastonbury live – latest updatesIt has been revealed that the street and performance artist Banksy was behind a stunt during Idles’ set at ... -
ABC News - World
Egypt, EU hold an investment conference to help battle inflation, currency crisis
Egypt and the European Union have begun an investment conference to advance the implementation of their strategic partnership agreement that includes a 7.4 billion-euro aid package for the cash-strapped Middle Eastern nationEuropean Union -
MarketWatch - Business
Lower inflation and no recession set stocks up for a summer stunner
Ed Yardeni: Ignore the inverted yield curve — this “Roaring 2020s” market is alive and well. -
The Wall Street Journal - World
Rising Government Debt Threatens Financial Stability, Inflation, BIS Says
Governments should cut back on borrowing to ease one of the biggest threats to the stability of the global financial system and support efforts to tame inflation, the Bank for International Settlements said. -
The Guardian - World
Child malnutrition crisis in Nigeria amid rural violence and soaring food inflation
MSF says it is overwhelmed in country where 31.8 million people are suffering from hunger . An unprecedented number of children in northern Nigeria are suffering from acute malnutrition, aid workers in the country have said.. Nigeria has the ... -
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CBS News - Top stories
Why you should invest in gold before the July inflation report's released
The next inflation report could affect the value of a gold investment. Here's why you should act before that happens. -
The Wall Street Journal - World
RBA Continues to Sound Warnings About Upside Inflation Risks
The Reserve Bank of Australia continues to sound warnings about upside inflation risks, adding that the narrow policy path before it was “becoming narrower.” -
BBC News - Top stories
Cheap TVs ahead of Euros help slow price inflation
Shop price rises eased in June but researchers have warned that there still may be bumps ahead. -
ABC News - World
The Czech central bank again cuts a key interest rate as inflation stays low and economy recovers
The Czech Republic’s central bank has cut its key interest rate for the fifth straight time as inflation remains low and the economy shows signs of recovery -
MarketWatch - Business
Biden says ‘working-class people are still in trouble.’ These 4 expenses are still pinching consumers, even as inflation cools.
Donald Trump and Joe Biden sparred on inflation, and what caused it, during the debate. Here are four places where Americans still feel the pain of price hikes.Joe Biden -
CNBC - Business
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
The core personal consumption expenditures price index was expected to increase 0.1% in May and 2.6% from a year ago.Federal Reserve