Latest in Inflation Hits
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Investors may face a major inflation surprise next year. How pros are preparing.
Big investment managers like Nuveen are factoring in the possibility that their base-case expectations for a soft landing, accompanied by easing inflation, might turn out to be wrong.MarketWatch - Dec. 10 -
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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 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
O'Connell injures knee on hit Raiders say was late
Raiders quarterback Aidan O'Connell was carted off the field late in the third quarter Sunday at Tampa Bay with a knee injury. "It does not look good," Raiders coach Antonio Pierce said.ESPN - Dec. 8 -
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 -
Explosion hits apartment block in The Netherlands
One person died and three others were injured after explosions and a fire hit a three-story apartment block in the Dutch city of The Hague on Saturday, the mayor of the city said.NBC News - Dec. 7 -
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 -
Boy, 4, dies after being hit by bus
Police said they were called to High Street in Tipton just before 16:55 GMT on FridayBBC News - Dec. 7 -
Fallen trees and events called off as Darragh hits
An amber warning, the second highest level of weather warning, is in place across Northern Ireland.BBC News - 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 -
The Year in Pop: Hits Without Stars, Stars Without Hits
Tommy Richman, Teddy Swims and Benson Boone had some of the biggest songs of the year. But Taylor Swift, Zach Bryan and Tyler, the Creator held strong without them.The New York Times - 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 -
Average house price hits record high of £298,083
The UK's largest mortgage lender said the average house price hit £298,083 last month.BBC News - Dec. 6 -
Moment earthquake hits California and damages store
A tsunami warning was cancelled after the 7.0 magnitude quake shook parts of the West coast.BBC News - Dec. 5 -
The Starmer pledges that will be hard to hit
The prime minister has set out what's he's calling Labour's "plan for change" - the goals for his government to achieve.BBC News - Dec. 5 -
Deadly Israeli Strike Hits Gaza Humanitarian Zone
The Israeli military said it was targeting senior Hamas militants in the area. Video from the scene showed the charred remains of tents.The New York Times - Dec. 5 -
Trump on Bitcoin hitting $100K: 'You're welcome!!!'
President-elect Trump took credit for Bitcoin crossing the $100,000 milestone late Wednesday evening, hours after he nominated another pro-crypto businessman to his incoming cabinet. ...The Hill - Dec. 5 -
Safran warns of Trump tariff hit to aerospace sector
French jet-engine maker sets ‘exceptionally conservative’ forecastsFinancial Times - Dec. 5 -
FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - Dec. 5 -
AI Hits a Wall: What This Means for the Tech Industry
AI commercialization is a game of musical chairs and the music has stopped. For now.Inc. - Dec. 5 -
Bitcoin hit $100,000. What’s next?
Predictions from an arcane method popularised in 18th-century FranceFinancial Times - Dec. 5 -
Town hit by Storm Bert flooding still recovering
Chippenham was heavily flooded when the River Avon burst its banks, submerging the town centre.Yahoo Sports - Dec. 5 -
Bitcoin hits $100,000 as Trump era hopes grow
Cryptocurrency has climbed more than 50% since US election on bets president-elect will bring in pro-crypto regulationFinancial Times - Dec. 5 -
Bitcoin price hits $100,000 for the first time
The price of one bitcoin hit $100,000 for the first time Wednesday as demand for the digital currency continued to surge in the wake of an election that saw victories for crypto-friendly candidates ...NBC News - Dec. 5 -
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 -
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 -
Three more hospitals hit by cyber attack
Screenshots of data the attackers claim to have taken were published online on Thursday.BBC 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 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Guardiola hits back at claims of De Bruyne rift
Pep Guardiola has hit back at suggestions he is not selecting Kevin De Bruyne because of a rift with the Manchester City midfielder.ESPN - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - 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 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
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
