Inflation Slowing Growth
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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 pandemic13 minutes 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.1 hour 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.1 hour ago - Federal Reserve -
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.1 hour ago -
MarketWatch - Business
Campbell’s stock downgraded as company must ‘work harder for less growth’
D.A. Davidson cut Campbell Co.’s rating to neutral from buy, citing a shift by consumers to private-label foods.3 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.3 hours ago -
The New York Times - Business
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.4 hours ago -
Yahoo Sports - Sports
49ers legend Young calls out Aiyuk for slow start to 2024 season
San Francisco 49ers legend Steve Young called out Brandon Aiyuk for his slow start to the 2024 NFL season.23 hours ago - NFL