Latest in Inflation Hangs
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Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 8h -
Israel strikes targets in Syria, as control hangs in balance
U.S. officials say they’ve made direct contact with the Syrian rebel group that led the overthrow against the Assad regime. Meanwhile, as citizens there try to put their lives back together, Israel ...NBC News - 14h -
No. 18 UConn hangs on against No. 8 Gonzaga, 77-71, behind Liam McNeeley's 26 points
Liam McNeeley scored 26 points for No. 18 UConn, which fended off a series of rallies by No. 8 Gonzaga to earn a 77-71 win in a Hall of Fame Series matchup at Madison Square Garden on Saturday night.Yahoo Sports - 1d -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 4d -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - 4d -
Murdoch family feud left hanging over media empire’s future
A court ruling that rejected an attempt to overhaul the family trust leaves Rupert Murdoch and his children at oddsFinancial Times - 4d -
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 - 5d -
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 - 5d -
Alex Jones Hangs On to Infowars for Now After Judge Rules Against The Onion’s Winning Auction Bid
After criticizing aspects of the auction that saw the satirical media empire win control of the conspiracy theory web site, a federal bankruptcy judge declined to approve the sale.Inc. - 5d -
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 - 5d -
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 - 5d -
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.CBS News - 5d -
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 - 5d -
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 - 5d -
Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...NBC News - 5d -
Ding hangs on in nerve-shredding Game 13 draw with Gukesh as title tilt nears climax
Gukesh and Ding play to Game 13 draw in 5hr 6min Best-of-14-games championship all square at 6½-6½ Ding Liren v Gukesh D: all your questions, answered Play through 22 famous world ...The Guardian - 5d -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 5d -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 5d -
‘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 - 5d -
Yellen warns Trump’s sweeping tariffs could ‘derail’ inflation progress
US Treasury secretary says broad trade penalties might ‘significantly raise costs to households’Financial Times - 6d -
The CPI report Wednesday is expected to show that progress on inflation has hit a wall
The consumer price index is expected to show a 2.7% 12-month inflation rate for November.CNBC - 6d -
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 - 6d -
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Major water company uses accounting trick to inflate balance sheet by £1.68bn
A substantial Severn Trent Water investment is based on IOU notes - BBC Panorama finds.BBC News - Dec. 9 -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - Dec. 9 -
Mob hangs and kills 3 men accused of kidnapping girl in Mexico
Some 300 people participated in the lynching — hanging and beating the men until they were dead, according to local media.CBS News - Dec. 9 -
Fans Bring Inflatable Palm Trees to Games After Executive’s Comments on Buffalo
The Sabres’ general manager said the team had trouble attracting free agents because of its location: “We don’t have palm trees. We have high taxes.”The New York Times - Dec. 8 -
Google CEO: AI development is finally slowing down—'the low-hanging fruit is gone’
Google CEO Sundar Pichai says AI development may feel slower in 2025 — and tech companies will "need deeper breakthroughs" than today's chatbots to get ahead.CNBC - Dec. 8 -
Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - Dec. 7 -
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 - Dec. 6 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
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 -
Kash Patel once said he would 'come after' journalists. It now hangs over his FBI candidacy.
Trump's pick for FBI director, Kash Patel, has vowed to "come after" the media. But he also later emphasized to NBC News that his comments only apply if people "broke the law."NBC 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 -
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 -
Hegseth meets with Republicans as his candidacy hangs in the balance
President-elect Donald Trump's pick for defense secretary has faced sexual assault and workplace misconduct allegations.NBC News - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
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 -
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