Latest in Inflation Basket
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Discount retailer Ollie’s adds Big Lots stores, and a jewelry seller retreats from malls
Retailers have responded to a long period of inflation with a renewed emphasis on value over less essential products.MarketWatch - 6d -
Fed cuts US growth forecast as Trump’s policies weigh on outlook
Central bank also lifts inflation projection as chair Jay Powell warns of tariff impactFinancial Times - 5d -
Interest rates will go down gradually, says Bank
Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.BBC News - 5d -
Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices
Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.CNBC - 4d -
Argentines snap up foreign goods as Milei strengthens peso
Chinese solar panels and Uruguayan butter arrive as president tackles inflation by easing import restrictionsFinancial Times - 2d -
Bank of England dilutes stress test scenario for lenders
Central bank opts for smaller inflation surge and milder global GDP drop in its modelling requirementsFinancial Times - 1d -
UCLA finally bests USC as teams eye 4th meeting
Lauren Betts scored 13 of her 17 points in the second half Sunday and No. 4 UCLA allowed only four baskets over the final 12 minutes as the Bruins rallied from a 13-point deficit to beat No. 2 USC ...ESPN - Mar. 10 -
Sarr scores 19 points, makes big plays on both ends late as Wizards beat Pistons 129-125
Alex Sarr made the go-ahead basket with 53 seconds left, followed with a blocked shot and finished with 19 points to lead the Washington Wizards to a 129-125 victory over the Detroit Pistons on ...Yahoo Sports - Mar. 14 -
Costly turnovers, shooting struggles lead to Lady Jaguars’ 50-42 quarterfinal loss
LEXINGTON — After a basket by senior Brooke Nichelson cut North Laurel’s deficit to 43-42 with 1:38 remaining, George Rogers Clark (GRC) elevated its effort on both ends of the court, scoring the ...Yahoo Sports - Mar. 14 -
WBIT: Gophers hold off Toledo to advance to second round
Amaya Battle scored 18, one of three Gophers in double figures, and Niamya Holloway came off the bench to score three big baskets to help Minnesota stave off a late run from Toledo in a 65-53 ...Yahoo Sports - 4d -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - Mar. 12 -
Egg prices are rapidly falling so far in March
Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.CNBC - Mar. 13 -
Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year.NBC News - Mar. 13 -
Dollar General says some customers can no longer afford staples
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.CBS News - Mar. 13 -
The Fed is likely to hold interest rates steady. But some consumer loans are getting cheaper.
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation.NBC News - Mar. 14 -
Intern of the Jedi: film sector turns to franchise favourites in effort to woo talent
Careers fair at Pinewood is among initiatives to lure young to an industry hit by cost inflation, writers’ strikes and an advertising recession. In a corner of a cavernous hangar in ...The Guardian - Mar. 15 -
Plan to freeze key disability benefit may be dropped
Many usually loyal Labour MPs had voiced strong opposition to the idea of not increasing PIP in line with inflation, as part of expected welfare cuts.BBC News - Mar. 16 -
Federal Reserve keeps interest rates steady as economic uncertainty rises
The Federal Reserve is holding interest rates steady as it weighs the impact of Trump’s tariffs and federal workforce cuts on inflation and the economy. The central bank warned that economic ...NBC News - 5d -
Viktor Orban Is a Conservative Lodestar. Now He Wants to Fix the Price of Eggs.
The Hungarian prime minister, who pioneered themes dear to U.S. conservatives, is seeking to tame inflation with methods that remind his critics of communist-era central planning.The New York Times - 5d -
Why the Fed’s Job May Get a Lot More Difficult
President Trump’s plans risk stoking inflation and denting growth, an undesirable combination that economists warn could lead to much tougher trade-offs for the central bank.The New York Times - 5d -
Mar 12: CBS News 24/7, 10am ET
Inflation rate hits 2.8% in February, less than expected; SpaceX Crew 10 mission set for launch, could pave way for return of Starliner astronauts.CBS News - 4d -
Why Trump's economic policies may have canceled the DOGE dividend check, at least for now
The market is wobbling and inflation will be back if Trump follows through on tariffs threats on April 2. Would a DOGE dividend check hurt or help the economy?CNBC - 3d -
Echoing a Roman Emperor, Croatia Tries to Cap Soaring Prices
Diocletian, who once ruled territory that now includes Croatia, tried and failed to rein in inflation by dictating prices. Today’s government hopes its own such plan will succeed.The New York Times - Mar. 9 -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - Mar. 10 -
DOJ investigates U.S. egg producers amid soaring prices
The Department of Justice is investigating major U.S. egg producers for price fixing, as costs continue to rise. It comes as some lawmakers and advocacy groups accuse top U.S. egg producers of ...CBS News - Mar. 10 -
Dow falls 1,000 points, Nasdaq dives more than 4% as stock selloff gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent ...NBC News - Mar. 10 -
How federal lands can be used to ease the housing crisis
President Trump's pledge to open up federal land for housing construction could alleviate the housing market's top financial worry, which is inflation, by making homeownership more affordable.The Hill - Mar. 10 -
BlackRock's Fink says Trump deportations will have severe impact on agriculture, construction
"I think that over the next six to nine months, we're going to see a little more elevated inflation," Fink said the CERAWeek by S&P Global energy conference.CNBC - Mar. 10 -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - Mar. 11 -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - Mar. 11 -
‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.
Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...NBC News - Mar. 12 -
Republicans want to repeal Biden’s climate legacy. Good luck with that.
President Trump has used funding pauses and Elon Musk's Department of Government Efficiency to target climate initiatives by the federal government, but will need the help of Congress to repeal the ...The Hill - Mar. 12 -
Consumer sentiment falls to a 29-month low. Uncertainty rises due to tariffs and Trump tumult.
A burst of optimism after Donald Trump won the presidential election has evaporated. Americans worry about rising inflation due to the president’s tariffs, a new survey shows, and they are put off ...MarketWatch - Mar. 14 -
Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - Mar. 16 -
Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 5d -
Trump tariffs complicate Fed outlook
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed sees inflation threat in Trump tariffs Federal Reserve Chair Jerome Powell ...The Hill - 5d -
Fed Holds Interest Rates While Revising Outlook Slightly Downward
Chair Jerome Powell said Fed forecasts for 2025 trimmed growth estimates, nudged unemployment up, and lifted inflation expectations as Trump tariffs show ripple effects.Inc. - 4d -
The most outlier NBA salaries on record
The salaries of the 1990s are nowhere near what players enjoy today, even after adjusting for inflation. Still, in that decade there were some absolute outliers relative to what most players were ...Yahoo Sports - 4d -
Ontario premier says he needs 'to sit down as quickly as possible' with Trump on tariffs
Ontario Premier Doug Ford said Monday that he needs "to sit down as quickly as possible" with President Trump regarding tariffs. ‘We're seeing inflation happening already, and it's unnecessary. We ...The Hill - Mar. 10
