Latest in November Inflation Progress
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Progress in Southern California wildfire battle, but threat continues
High winds posed a continuing threat to parts of Southern California hit by explosive wildfires. More than a dozen homes were destroyed or damaged, and thousands remained under evacuation orders or ...NBC News - 4h -
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.Inc. - 10h -
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 - 11h -
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 - 14h -
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 - 14h -
Brazil president Lula to undergo second operation after emergency brain surgery
Minimally invasive procedure is to ‘minimize the risk of future bleeding’ after no complications from first surgery . Brazil’s president, Luiz Inácio Lula da Silva , will undergo another operation ...The Guardian - 6h -
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 - 8h -
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 - 9h -
Yellen 'sorry' more progress wasn't made on deficit
Treasury Secretary Janet Yellen is concerned about the nation’s “fiscal sustainability” this week and said she’s “sorry” that “more progress” wasn’t achieved during the Biden administration. ...The Hill - 9h -
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 - 11h -
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 - 14h -
Pay UK bosses like football stars, says Lord Spencer
Founder of ICAP claims boosting chief executives’ salaries would help London’s competitivenessFinancial Times - 23h -
Pete Hegseth seems to make progress with Republican senators after misconduct allegations
President-elect Donald Trump's controversial defense secretary pick, Pete Hegseth, seems to be gaining support on Capitol Hill for his nomination. He has continued to deny allegations of sexual ...CBS News - 1d -
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 - 1d -
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 - 1d -
Progressive left signals some 'DOGE' curiosity
The Republican-led “Department of Government Efficiency” (DOGE) has intrigued the progressive left, offering potential and unexpected common ground. The brainchild of Elon Musk and Vivek Ramaswamy ...The Hill - 1d -
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Wall Street’s complex debt bonanza hits fastest pace since 2007
Banks sell bonds backed by revenues from chicken wings, music catalogues and oil wellsFinancial Times - 1d -
Progressives align with DOGE on defense cuts: ‘Let's play ball’
Billionaire Elon Musk’s new "Department of Government Efficiency" (DOGE) is attracting interest from an unlikely corner: the left. Progressives aren't likely to support much of what Musk and his ...The Hill - 3d -
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China Forex Reserves Climbed in November
China’s foreign-exchange reserves unexpectedly edged up in November, despite a weaker Chinese yuan against the U.S. dollar amid tariff threats from the impending second Trump administration.The Wall Street Journal - 5d -
US economy added 227,000 jobs in November
Rise in unemployment rate bolsters case for Federal Reserve rate cut this monthFinancial Times - 5d -
Breaking down the November 2024 jobs report
New numbers from the Labor Department show the U.S. added 227,000 new jobs in November, more than expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the report.CBS News - 5d -
Here’s where the jobs are for November 2024 — in one chart
Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.CNBC - 5d -
U.S. adds 227K jobs in November, beating expectations
Friday morning's jobs report from the Labor Department shows the U.S. beat expectations and added 227,000 jobs in November while unemployment ticked up slightly to 4.2%. CBS News MoneyWatch ...CBS News - 5d -
Job Growth Bounced Back in November
After October’s noisy jobs report, November’s reading got a boost from strike resolutions and hurricane recoveries.Inc. - 5d -
Employers added 227,000 in November as job market rebounded
The labor market rebounded last month after taking a hit in October from hurricanes and labor disputes.CBS News - 5d -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - 5d -
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Is Pete Hegseth making any progress on gaining GOP support?
President-elect Donald Trump's defense secretary pick, Pete Hegseth, was on Capitol Hill again Thursday to try to gain support among Republican senators for his confirmation. He is accused of ...CBS News - 6d -
Democrats must combat Trump's culture wars, new progressive chair says
The Democratic Party messed up in the 2024 election against Donald Trump and needs a dramatic shift, new Progressive Caucus Chair Greg Casar said.NBC News - 6d -
Man United show progress despite loss as Arsenal cut into Liverpool's lead
Ruben Amorim suffered his first loss at Man United, but there were signs of progress.ESPN - 6d -
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 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - 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 -
‘Progressive except for Palestine’: how a tech charity imploded over a statement on Gaza
The board of the non-profit Code for Science & Society blocked a statement against genocide. The fallout tore the high-profile organization apart. Miliaku Nwabueze, a senior program manager at Code ...The Guardian - Dec. 3 -
Yahoo Sports AM: No win November
In today's edition: The Wizards are historically bad, Week 13 was awesome, Christian Pulisic's breakout season, "Hard Knocks" is back, Munetaka Murakami eyes MLB move, and more.Yahoo Sports - 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
