Inflation Woes Margin
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MarketWatch - Business
Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U.S. central bank’s independence while criticizing Republican ...4 hours ago - Joe Biden -
Financial Times - World
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you11 hours ago -
The New York Times - Business
How Inflation and High Interest Rates Have Changed the Economy
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks.14 hours ago -
Los Angeles Times - Entertainment
Sean 'Diddy' Combs gets a break amid legal woes as judge dismisses $100-million judgment
Sean 'Diddy' Combs won't have to pay $100 million to an inmate as a judge tosses out last week's default judgment. He still faces a sex-trafficking indictment.23 hours ago -
CBS News - Top stories
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.Yesterday - Donald Trump -
MarketWatch - Business
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.Yesterday - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
Financial Times - Business
Asda’s woes deepen after co-owner of UK supermarket steps back
Mohsin Issa will relinquish responsibility as company continues search for permanent chief executiveYesterday - United Kingdom -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...Yesterday -
CBS News - Top stories
Trump and Harris' views on inflation — their records and what they've said
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's views on combating high prices for Americans.Yesterday - Donald Trump -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.Yesterday - Federal Reserve -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...Yesterday - United Kingdom -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.Yesterday - Federal Reserve -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
ABC News - World
Sri Lanka's plantation workers live on the margins. But politicians still want their votes
Both leading candidates in Sri Lanka's presidential election are promising to give land to the country’s hundreds of thousands of plantation workers, but the long-marginalized group has heard ...Yesterday -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positiveYesterday -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on ThursdayYesterday - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...Yesterday - United Kingdom -
Inc. - Business
Corporate America Cares Less and Less About Inflation
Fewer S&P 500 companies are mentioning inflation during earnings calls ahead of the Fed's first rate cut.2 days ago