Latest in Inflation Rise Does
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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 -
Does the UFC even care if Conor McGregor fights again?
Dana White said "late 2025" for Conor McGregor's return before his sexual assault verdict. Has that changed? And really, does it even matter?Yahoo Sports - Dec. 4 -
In defense of criticism: A theater critic asks what good does it do in an upside-down world
A theater critic reflects on his profession at a time when its very survival seems on the line and champions a return of critical thinking.Los Angeles Times - 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 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
New PS5 Update Out Now, Here's What It Does
The latest PlayStation 5 firmware update has landed, and while it doesn't have any massive new features or improvements, the update has some notable and useful inclusions.. First off, the update ...GameSpot - Dec. 4 -
Lioncode launches test for ‘bullet heaven’ game Wildkeepers Rising
Lioncode Games announced a public alpha playtest for Wildkeepers Rising, an upcoming "bullet heaven" game set to debut in the spring of 2025.VentureBeat - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Rail fares to rise despite renationalisation plans
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.BBC News - Dec. 4 -
What does the EU’s rightward shift mean for green policy?
Plus, carbon removal business Heirloom announces $150mn fundraising in boost to nascent sectorFinancial Times - Dec. 4 -
Welsh tuition fees to rise by nearly £300 a year
The rise is in line with an increase in England and is the second time fees have gone up in a year.BBC News - 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 -
French bond yields rise as traders await no-confidence vote on government
The price Paris must pay to sell its debt rose early Wednesday ahead of a no-confidence vote on the government expected WednesdayMarketWatch - Dec. 4 -
Does Shohei Ohtani still owe his manager Dave Roberts a new Porsche?
Los Angeles Dodgers manager Dave Roberts joked that Shohei Ohtani may still owe him a new Porsche, which the Japanese superstar seemed to hint at early in 2024 seasonABC News - Dec. 4 -
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Cooper Flagg Is on a Different Level. But the Competition Is Rising.
The Duke basketball phenom remains at the head of the class, but a flashy point guard from B.Y.U. is gaining attention.The New York 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 -
Miami's playoff hopes nosedive as Alabama rises in the latest College Football Playoff rankings
Miami’s playoff hopes took a nosedive while Alabama’s got a boost in the last rankings before the College Football Playoff bracket is set next weekendABC News - Dec. 3 -
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Marvell’s results signal a gradually healthier business that’s about more than just the AI boom.MarketWatch - Dec. 4 -
FACT FOCUS: Vermont ruling does not say schools can vaccinate children without parental consent
Social media users are misrepresenting a Vermont Supreme Court ruling, falsely claiming that it gives schools permission to vaccinate children even if their parents do not consentABC News - Dec. 3 -
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 -
Biden does complete reversal with pardon for son
President Biden’s decision to give his son a full and unconditional pardon represented a stunning reversal for the outgoing commander in chief, who previously had insisted he would do no such thing ...The Hill - Dec. 3 -
Job openings rise and more workers quit in sign of improving U.S. labor market
U.S. job openings rose slightly in October and the number of workers quitting one job for another rose to the highest level in five months, suggesting the labor market has improved after a soft ...MarketWatch - 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 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
What does it actually mean when we talk about the American ‘working class’? | Rebecca Solnit
Everyone I asked gave a different definition – and when a concept is so nebulous, it becomes a political cudgel. In the aftermath of the election, the working class was constantly invoked and ...The Guardian - Dec. 3 -
What does the recent surge in Jewish-themed films mean for awards season?
Films such as 'Schindler's List' and 'Gentleman's Agreement' have won top Oscar gold. But how will the range of Jewish-centric films fare this awards season?Los Angeles Times - Dec. 3 -
Starmer: UK does not need to choose between US and EU
It's "plain wrong" to suggest Donald Trump's return to the White House means the UK needs to pick a side, the PM says.BBC News - Dec. 3 -
Is Hamilton's form a concern for Ferrari? And does Russell deserve more credit?
BBC F1 correspondent Andrew Benson answers your questions before the season-ending Abu Dhabi Grand Prix.BBC News - Dec. 3 -
A landmark climate change case opens at the top UN court as island nations fear rising seas
The top United Nations court has taken up the largest case in its history, hearing the plight of several small island nations helpless in combating the devastating impact of climate changeABC News - Dec. 3 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -
Does Dragon Age: The Veilguard do enough to renovate BioWare’s rep?
Dragon Age: The Veilguard is the latest game from BioWare after a few rough years. Is it enough to bring back the love from fans?VentureBeat - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - 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 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - Dec. 2 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2