Latest in Major Inflation Surprise
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Bill Belichick makes surprise move to college football
The North Carolina Tar Heels have hired six-time Super Bowl winner and former New England Patriots head coach Bill Belichick as their head coach.NBC News - 6h -
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 - 14h -
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 - 17h -
The Internet’s Obsession With Luigi Mangione Signals a Major Shift
On Monday, police arrested Luigi Mangione, a 26-year-old app developer, in connection with the death of UnitedHealthcare CEO Brian Thompson. Online reaction to his apprehension reveals a new form ...Wired - 1d -
Why Christopher Wray resigning from the FBI is not surprising
Christopher Wray, the current FBI director, has announced his intention to resign before President-elect Donald Trump takes the White House in 2025. Joshua Skule, a former FBI executive assistant ...CBS News - 10h -
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 - 11h -
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 - 12h -
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 - 14h -
Biden calls Trump tariff approach 'a major mistake'
The president delivered remarks drawing a sharp contrast between his four years in office and President-elect Donald Trump’s past and future terms.ABC News - 15h -
Pay UK bosses like football stars, says Lord Spencer
Founder of ICAP claims boosting chief executives’ salaries would help London’s competitivenessFinancial Times - 1d -
GameStop’s stock jumps on surprise third-quarter profit
Shares of GameStop Corp. were up 8.2% in extended trading after the videogame retailer reported a surprise third-quarter profit, despite falling sales.MarketWatch - 1d -
Analysis: The Cavs, Magic and Rockets are off to surprise starts. Maybe that shouldn't be surprising
For the first time in 36 seasons, the Cleveland Cavaliers are atop the NBA at the 25-game markABC News - 1d -
Investors may face a major inflation surprise next year. How pros are preparing.
Big investment managers like Nuveen are factoring in the possibility that their base-case expectations for a soft landing, accompanied by easing inflation, might turn out to be wrong.MarketWatch - 1d -
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 - 2d -
The snubs and surprises in the 2025 Golden Globe nominations
The Golden Globes nominated more than 40 individual films Monday and yet still managed to overlook quite a bitABC News - 2d -
New Devils Forward Has Been Big Surprise
This Devils signing has been a big surprise for the club this season.Yahoo Sports - 2d -
Wallace and Gromit in surprise appearance on Strictly
The stop motion duo appeared "live via video link" to announce Strictly's voting terms and conditions.BBC News - 4d -
Syrian Rebels' Lightning Offensive Zeroes In on Major City
Some Arab officials are urging President Bashar al-Assad to leave the country as a battle for Homs looms.The Wall Street Journal - 5d -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - 5d -
Tim Walz Was ‘a Little Surprised’ Trump Won the 2024 Election
In his first interviews since the election, Kamala Harris’s running mate told Minnesota television stations that he had thought the country would embrace the Democratic ticket’s positive message.The New York Times - 5d -
Preview: Surprises, players to watch and teams that could go far
Our NCAA volleyball experts answer big questions ahead of the tournament.ESPN - 5d -
Walz says he was 'a little surprised' by election loss
Minnesota Gov. Tim Walz (D), Vice President Harris's running mate, reflected on the Democratic Party's loss in the presidential election, saying he was "a little surprised" by the outcome. “It felt ...The Hill - 5d -
Houston, the league has a problem if the Rockets' surprise rise continues
Houston doesn't have a lot of firepower, so how does it have a top-10 offense?Yahoo Sports - 6d -
Republicans just won a permanent Senate majority
The loss of the Senate by the Democratic Party may lead to a permanent Republican Senate, limiting the enactment of broad campaign promises, entrenching the perception of dysfunction in Washington, ...The Hill - 6d -
Cramer throws support behind Hegseth 'barring surprises'
Sen. Kevin Cramer (R-N.D.) said Wednesday that he is supportive of Pete Hegseth’s nomination to lead the Pentagon as long as no more “surprises” emerge during his confirmation process, which has ...The Hill - Dec. 5 -
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 -
2024 Hero World Challenge odds, picks, field: Surprising predictions from golf model that's nailed 13 majors
SportsLine's proven model simulated the Hero World Challenge 2024 10,000 times and revealed its surprising PGA Tour golf picksCBS Sports - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - Dec. 3 -
Syrian rebels reach outskirts of major city of Hama
Advance from Aleppo highlights weakness of regime forcesFinancial Times - Dec. 3 -
Doctors call for major incident as hospital 'unsafe'
Documents show one patient at Glasgow's Queen Elizabeth University Hospital was left in the back of an ambulance for six hours with a fractured hip.BBC News - Dec. 3 -
Watch: President makes surprise late night TV address
Yoon Suk Yeol made the announcement in a surprise, late night televised address.BBC News - 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 -
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The surprising turn that landed the Lakers a Rookie of the Year candidate
With Dalton Knecht, the Lakers' search for a long-range threat might be over.ESPN - Dec. 3 -
Trump's surprising Labor pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump Labor pick stirs business concerns Rep. Lori Chavez-DeRemer (R-Ore.), ...The Hill - Dec. 2 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2 -
Here’s a surprising reason most boomers are worried about moving to a senior residence
A new survey points to the importance of quality meals as a key driver to win over older adults.MarketWatch - Dec. 2 -
The surprise Syrian rebel offensive could be a Mideast turning point
For years, American policymakers have grappled with how to manage the Middle East’s shifting alliances and conflicts while reducing direct military commitments.The Hill - Dec. 2