Inflation Measure Falls
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The Guardian - World
Poverty in Argentina soars to over 50% as Milei’s austerity measures hit hard
Far-right president has been battling inflation by imposing steep cuts in spending, resulting in widespread poverty. Argentina’s poverty rate has soared to almost 53% in the first six months of ...46 minutes ago -
The New York Times - Business
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted.1 hour ago -
The Guardian - World
Stock markets hit record highs after news of a fall in US inflation
S&P 500 index of major US companies registers near 100% gain on year ago amid expectation of interest rate cuts. A fall in US inflation expected to pave the way for further cuts in interest rates ...2 hours ago -
Financial Times - Business
Fed’s preferred inflation measure falls more than expected to 2.2%
Data comes after central bank last week cut interest rates for the first time since the pandemic2 hours ago -
The Guardian - World
Swiss rider Muriel Furrer, 18, dies after fall at world cycling championships
Furrer suffered fatal head injury during junior road race UCI confirms ‘tragic news’ in a statement on Friday The Swiss cyclist Muriel Furrer has died after sustaining a head injury at the world ...3 hours ago -
CNBC - Business
Key Fed inflation gauge at 2.2% in August, lower than expected
The personal consumption expenditures price index was expected to increase 0.1% in August and 2.3% from a year ago.3 hours ago - Federal Reserve -
NBC News - Top stories
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.3 hours ago - Federal Reserve -
Inc. - Business
Farmers Seek Bird Flu Vaccines for Livestock as Fall Migration Begins
Chickens, turkeys, and cows need protection from the virus, and producers are seeking help from the Biden administration.3 hours ago -
CBS News - Top stories
Key U.S. inflation gauge shows prices continued cooling in August
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.3 hours ago -
MarketWatch - Business
Forget falling interest rates. Some real-estate investors are more focused on the outcome of the November election.
Smaller real-estate investors are worried about macroeconomic and political trends.4 hours ago -
MarketWatch - Business
Treasury yields fall after PCE inflation report shows surprise cooling
Bond yields fell Friday after the Federal Reserve’s preferred inflation gauge came in cooler than anticipated.5 hours ago -
BBC News - Top stories
Martial arts coach, 19, dies in mountain climb fall
Phil Zhu was visiting Snowdonia with his two younger brothers when he slipped on rocks.6 hours ago -
CBS News - Politics
Harris heads to border, will say she plans to keep Biden's asylum crackdown
During a visit to the U.S.-Mexico border, Vice President Kamala Harris is planning to announce that she intends to keep President Biden's asylum crackdown in place.10 hours ago - Joe Biden -
Financial Times - World
HS2 Ltd could fall under direct state control after government review
Whitehall and industry figures say governance at company responsible for High Speed 2 rail link to be scrutinised15 hours ago -
The New York Times - Top stories
Biden Signs Stopgap Spending Measure to Keep Government Open
The bill averts a campaign-season shutdown but ensures another spending fight in Congress during its lame-duck session in December.21 hours ago - Joe Biden -
The New York Times - Lifestyle
New York Philharmonic Gala Draws Alec Baldwin, Josh Groban and More
Opening-night celebrations at the New York Philharmonic and the Metropolitan Opera drew a crowd of celebrities, philanthropists and Broadway stars to Lincoln Center.21 hours ago - New York -
CNBC - Business
U.S. crude oil falls nearly 3%, closes below $68 on report Saudi committed to production increase
Saudi is prepared to ditch its unofficial oil price target of $100 per barrel, people familiar with the kingdom's thinking told The Financial TimesYesterday -
CBS News - Top stories
How far will mortgage interest rates fall this October?
Mortgage interest rates plunged to a two-year low in September. But how much further will they fall this October?Yesterday - Mortgage -
CBS News - Top stories
3 ways your credit card rates could fall before the end of 2024
Hoping your credit card rates will decline soon and save you money on interest? Here's how that could happen.Yesterday