Latest in Month High Inflation
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China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
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‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Call Of Duty Budget Reportedly As High As $700 Million Per Game
Big video games take a lot of money to make, but the industry is very secretive in exactly how much is spent developing them. However, it looks like we might have some insight on how much money it ...GameSpot - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
With high heels and fur coats, Kaitlin Olson taps into 'High Potential'
The ABC procedural, which returns for the second half of its season Tuesday, has been a fun challenge for Kaitlin Olson, who stars in and produces the series.Los Angeles Times - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
Venezuela's Dissidents Plot Comeback After Months in Hiding, Exile or Jail
Opposition leader María Corina Machado seeks to draw out protesters to prevent a power grab by strongman President Nicolás Maduro.The Wall Street Journal - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
New Orleans attacker apparently recorded video of city months before attack
The FBI is probing apparent Meta glasses video that the suspect in the New Orleans attack recorded while scoping out the city. CBS News' Omar Villafranca has the latest on the federal investigation.CBS News - Jan. 6 -
Trudeau resigns as inflation and other economic woes keep toppling leaders around the world
The move by Canadian Prime Minister Justin Trudeau is a fresh sign of how inflation and other economic headwinds have hammered incumbent parties around the world in the past 12 months.MarketWatch - Jan. 6 -
UK high-speed rail line told to cut charges
Regulator rules fees should come down by 3.8% compared with HS1’s proposalFinancial Times - Jan. 6 -
This strategist says a popular ETF could jump at least 15%. It’s a bet inflation will be contained.
Treasurys are attractive at current levels, according to Roth Capital PartnersMarketWatch - Jan. 6 -
Six-month-old girl dies after car park crash
Sophia Kelemen died in hospital on Friday, a day after the crash in a multi-storey car park.BBC News - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
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Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
Edwards nets career-high 53 in loss to Pistons
The Pistons overcame Anthony Edwards' career-high 53 points to beat the Timberwolves on Saturday night.ESPN - Jan. 5 -
News Analysis: It's a big month for the Lakers as trade deadline looms
After acquiring Dorian Finney-Smith, the Lakers likely won't pursue adding a big man but rather look to add more shooting and athleticism on the perimeter.Yahoo Sports - Jan. 5 -
Sensabaugh scores career-high 34, Jazz rout Heat 136-100
Brice Sensabaugh scored a career-high 34 points, John Collins finished with 24, and the Utah Jazz snapped a five-game losing streak with a 136-100 rout over the Miami HeatABC News - Jan. 4 -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Jan. 4 -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - Jan. 4 -
5 truths about the Sixers with trade deadline nearly 1 month away
With just over a month until the trade deadline, here's what we've learned about the Sixers and the decisions ahead for Daryl Morey.Yahoo Sports - Jan. 4 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
Flu emergency room visits now "very high" nationwide, CDC says
Several Western states are seeing rates worse than last year's peak of flu season.CBS News - Jan. 3 -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - Jan. 3 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
New Orleans attacker's brother on months before Bourbon Street terrorist attack
Shamsud-Din Jabbar's brother spoke to CBS News' Jason Allen about how his sibling changed in the months before the Bourbon Street attack in New Orleans where at least 14 people died.CBS News - Jan. 3 -
Rosita Missoni, who turned colored knitwear into high fashion, dies at 93
Rosita Missoni, co-founder of the fashion house known for its bright and patterned styles, has died at the age of 93, the family-owned company said on Thursday.NBC News - Jan. 3 -
High-stakes tests and threats to watch as UK politics heats up
After a slow start Keir Starmer must now grip both policy and polling pressures, with May elections pivotal for his opponentsFinancial Times - Jan. 3 -
10-year Treasury yield ends not far from 7-month high as new trading year begins
Yields on U.S. government debt ended little changed on Thursday, leaving the benchmark 10-year rate near its highest level since late May.MarketWatch - Jan. 2 -
Rosita Missoni, Who Turned Zigzag Sweaters Into High Fashion, Dies at 93
With colorful knitwear, she and her husband, Ottavio, built one of the world’s most recognizable brands, helping to make Milan a capital of “alta moda.”The New York Times - Jan. 2 -
Golf goes indoors on prime time with high-tech TGL league
Golf is moving indoors like never beforeABC News - Jan. 2 -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - Jan. 2 -
NBA Power Rankings: Celtics and Clippers riding high into the new year
Our NBA insiders break down this week's Power Rankings and where all 30 teams stand heading into 2025.ESPN - Jan. 2 -
Cruise ship stomach bug illnesses hit 12-year high: CDC
Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.The Hill - Jan. 2 -
25 for 2025: unmissable sporting events over the next 12 months
This year features two Ashes series, a Lions tour to Australia and the 2025 Euros. Novak Djokovic will be aiming to begin the new year by doing something he failed to do throughout 2024 – win a ...The Guardian - Jan. 1