Latest in Inflation Surges 2.4
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Germany's inflation surges to 2.4% as it narrowly skirts a technical recession
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.Business - CNBC - 5 hours ago -
JDE Peet’s shares surge as JAB buys Mondelez $2.4 billion stake at a premium
JDE Peet’s also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it’s sales have put it on track to achieve its full-year outlookBusiness - MarketWatch - October 21 -
The inflation risk for emerging markets
Fiscal indiscipline looms as the biggest threat after central bank battles to slow rising pricesWorld - Financial Times - October 15 -
Polio cases surge in Pakistan
Prior to the latest surge in infections, Pakistan was on the verge of eradicating the disease.Top stories - BBC News - October 20 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
What Lower Inflation Means For You
There’s been a surprise fall in the rate at which prices increaseTop stories - BBC News - October 16 -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - Yesterday -
WATCH: Ohio police officer 'attacked' by inflatable pumpkin
Ohio police responding to reports of a runaway pumpkin arrived to find a giant inflatable Halloween decoration blocking traffic.Top stories - ABC News - October 14 -
Surprise fall in inflation to 1.7% paves way for interest rate cuts
September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.Top stories - BBC News - October 16 -
Benefits, interest rates and pensions - how September's inflation figure affects you
The cost of living is always important but this month's has a particular extra impact for millions of people.Top stories - BBC News - October 16 -
Trump’s Tariff Plans Would Fuel Inflation, Janet Yellen Will Warn
The Treasury secretary criticized former President Donald J. Trump’s economic proposals in a speech.Business - The New York Times - October 17 -
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressuresBusiness - Financial Times - October 17 -
Kevin Hassett: ‘They let inflation get out of control’
Trump ‘supports’ Fed independence, but ‘wants to have his voice heard’, says former president’s ex-economic adviserWorld - Financial Times - October 18 -
It’s the Inflation: Why the Working Class Wants Trump Back
Inflation is driving working-class voters of all ethnicities to Trump.Top stories - The New York Times - 5 days ago -
Why fears of post-election violence may be inflated
Democrats are sounding the alarm that former President Trump’s harsh rhetoric in the home stretch of a tight presidential race could portend a repeat of the mass political violence that broke out ...Politics - The Hill - 4 days ago -
Pensions change to bring over 10,000 estates into inheritance tax
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - 11 hours ago -
How Hurricane Milton storm surge destroyed communities
Storm surge pushed around 5 feet of sand into Manasota Key, Florida, where homes and roads are covered with debris and destruction. CBS News' Tom Hanson speaks to Charlotte County public ...Top stories - CBS News - October 14 -
Hurricane Milton's storm surge reshapes Florida coastline
Several communities across Florida and North Carolina are recovering after back-to-back hurricanes. CBS News' Tom Hanson is in Manasota Key on Florida's west coast with the latest on recovery efforts.Top stories - CBS News - October 14 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Early voting surge seen as advantage for Harris campaign
The Harris campaign and Democratic groups are working hard to push their supporters to vote early in this year's election. Team Harris wants to maximize its early advantage, especially given that ...Politics - The Hill - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
Unusual surge of "walking pneumonia" reported in kids this year
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.Top stories - CBS News - October 18 -
Tokyo Metro Shares Surge in Trading Debut
The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.Business - The Wall Street Journal - October 22 -
Auto-enrolment drives surge in ‘lost’ UK pensions
£31bn sitting in unclaimed, inactive or lost savings potsBusiness - Financial Times - 6 days ago -
Cash Isas popularity surges ahead of UK Budget
Investors shift into tax-sheltered accounts given uncertainty of Labour proposalsWorld - Financial Times - 5 days ago -
Action demanded over surge in illegal meat imports
The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.Top stories - BBC News - 4 days ago -
Hundreds Killed in Days in Sudan as War Surges
Paramilitary forces ransacked villages and killed hundreds of people, activists said, hastening calls for the United Nations to deploy a mission to protect civilians.World - The New York Times - 4 days ago -
Early voting is surging across the U.S. Explore the data.
Early voting has begun in states across the country where voters are able to cast their ballots either in person or via mail.Top stories - NBC News - 2 days ago -
Latino voters face surge in misinformation as election nears
As the Latino vote gains attention in the 2024 election, concerns arise over targeted misinformation. Roberta Braga, co-founder of the Digital Democracy Institute of the Americas, joins "CBS ...Top stories - CBS News - 5 hours ago -
Fuel duty frozen but vehicle excise duty surges
Motoring organisations said chancellor’s reversal of planned fuel duty rises was ‘a big relief’World - Financial Times - 2 hours ago -
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...Business - MarketWatch - October 14 -
Here's where inflation stands in the cities that could decide the election
Inflation has returned to normal but varies widely in major swing-state cities.Top stories - ABC News - October 15 -
These stocks thrived during high inflation — and they share one thing in common
Strategists Jason DeSena Trennert and Ryan Grabinski, of the institutional brokerage Strategas, point out that 117 of the S&P 500 companies have a lower credit-default swap spread than the United ...Business - MarketWatch - October 15 -
The Fed should beware declaring the war on inflation over prematurely
Wobbles in the bond market suggest investors think the US central bank turned too dovish too soonWorld - Financial Times - October 15 -
‘It’s a kind of miracle’: Russian man survives 66 days adrift on inflatable boat
Mikhail Pichugin survived but the ordeal claimed the lives of his brother and teenage nephew. A Russian man survived more than two months drifting in icy seas on an inflatable boat in an ordeal ...World - The Guardian - October 15 -
With 1 Simple Move, These Companies Are Easing Inflation for Weary Customers
Inflation is down after three long years, but some companies are trying further price cuts to recharge sluggish sales.Business - Inc. - October 15 -
Here’s Why Economists Say Trump’s Economic Plans Would Worsen Inflation
Tariffs, the GOP hopeful’s go-to economic policy plank, would raise average household costs by $2,600 a year, and experts say Trump’s other plans would do more harm than good.Business - Inc. - October 15