Latest in Inflation’s Still High
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Treasury yields end at 2- to 3-week highs as Fed struggles with last mile of inflation fight
Yields on U.S. government debt finished higher for a fifth straight session on Friday, as traders grappled with data this week that showed the Federal Reserve is struggling with the final stretch ...MarketWatch - 14h -
CNBC Daily Open: Inflation’s still high — but so is the stock market
It’s important to keep stocks’ performance this year in mind even as investors wonder what it’ll take to get inflation numbers lower.CNBC - 1d -
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Evening Report — Trump's honeymoon high
Plus: Biden's sweeping pardons, Congress inches toward funding deal {beacon} Evening Report © Alex Brandon, Associated Press Trump gets a bump from media, new alliances PRESIDENT-ELECT TRUMP IS ...The Hill - 1d -
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 youFinancial Times - 1d -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - 1d -
It’s high time to make Russia pay
G7’s $50bn loan is no substitute for transferring blocked foreign exchange reserves to UkraineFinancial Times - 2d -
Why are prices still stubbornly high?
The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in ...CBS News - 2d -
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 2d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 2d -
US inflation rose to 2.7% in November
Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next weekFinancial Times - 2d -
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.CNBC - 2d -
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.CBS News - 2d -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 2d -
Price growth ticked up in November as inflation progress stalls
Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling.NBC News - 2d -
Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...NBC News - 2d -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 2d -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 3d -
‘Super user’ controversy spurs new rules on key U.S. inflation report
So-called Wall Street super users will no longer get inside information on how the government calculates its inflation estimates or other sensitive economic data.MarketWatch - 3d -
Yellen warns Trump’s sweeping tariffs could ‘derail’ inflation progress
US Treasury secretary says broad trade penalties might ‘significantly raise costs to households’Financial Times - 3d -
The CPI report Wednesday is expected to show that progress on inflation has hit a wall
The consumer price index is expected to show a 2.7% 12-month inflation rate for November.CNBC - 3d -
Treasury yields finish higher for second day, ahead of CPI inflation data
Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...MarketWatch - 3d -
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Major water company uses accounting trick to inflate balance sheet by £1.68bn
A substantial Severn Trent Water investment is based on IOU notes - BBC Panorama finds.BBC News - 4d -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - 4d -
Hamilton 'finished on a high' with Mercedes
Lewis Hamilton says he is happy his time with Mercedes "finished on a high" after "a really turbulent year".BBC News - 5d -
Fans Bring Inflatable Palm Trees to Games After Executive’s Comments on Buffalo
The Sabres’ general manager said the team had trouble attracting free agents because of its location: “We don’t have palm trees. We have high taxes.”The New York Times - 5d -
Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - 6d -
Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStop
CNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.CNBC - Dec. 6 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
How high can 'Wicked' fly? Competition for top musicals is extremely high
Disney dominates the list of 10 top-grossing Hollywood musicals, but Universal hopes 'Wicked' will break through.Los Angeles Times - Dec. 5 -
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 -
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 -
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The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Razer BlackWidow V4 Pro 75% Review: High Tech, High Price
The updated BlackWidow steps even further into the world of premium custom mechanical keyboards, with a price to match.Wired - Dec. 4 -
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 -
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