Latest in Inflation Data Earnings
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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 - 10h -
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 - 11h -
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 - 14h -
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 - 8h -
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 - 9h -
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 - 11h -
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 - 18h -
Pay UK bosses like football stars, says Lord Spencer
Founder of ICAP claims boosting chief executives’ salaries would help London’s competitivenessFinancial Times - 23h -
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 -
Allianz Targets Faster Earnings Growth, Boosts Returns
Europe’s largest insurer expects earnings growth to accelerate in the next three years driven by its property and casualty division and promised to return three quarters of its net profit to ...The Wall Street Journal - 1d -
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 -
Balfour Beatty Forecasts Earnings Beat
Balfour Beatty said it was on track to deliver earnings growth ahead of market forecasts this year, and that it planned further share buybacks in 2025.The Wall Street Journal - 6d -
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 -
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 -
Salesforce earnings spur a big stock rally. Is the AI hype justified?
Wall Street seems excited about early momentum for Salesforce’s Agentforce AI product, but some analysts are skeptical about the monetization potential.MarketWatch - Dec. 4 -
There’s No Denying That Carli Lloyd Earned Her Spot in Soccer’s Hall of Fame
The soccer star loved proving critics wrong, but almost no one doubted her place among the sport’s elite, a columnist for The Athletic writes.The New York Times - Dec. 4 -
Clive Myrie sorry for not declaring £145k earnings
The BBC presenter failed to declare some earnings from engagements outside of the corporation.BBC News - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Salesforce earnings may serve as latest shot in the arm for software stocks
Salesforce’s stock rises after a revenue beat that could signal healthy spending trends in the industry.MarketWatch - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
Okta shares pop 18% on earnings beat, strong guidance
Okta shares soared Tuesday after the company reported strong third-quarter results.CNBC - Dec. 3 -
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 -
Earn $800,000? You Might Get Financial Aid at an Elite N.Y.C. School.
The average tuition of $65,000 a year at private schools has separated New York’s truly rich, who can afford to pay full tuition, from its merely wealthy.The New York 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 -
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 -
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
