Latest in Partly Blame Inflation
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Data shows inflation slowed in February as investors navigate uncertainty in stock markets
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady ...CBS News - Mar. 12 -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - Mar. 12 -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - Mar. 12 -
30-year vs. 15-year mortgage loans: Which is better during inflation?
Experts say both can make financial sense during inflation, depending on your circumstances and goals.CBS News - Mar. 13 -
Anthropic Just Reached a New Revenue Milestone
Anthropic’s Claude 3.7 Sonnet is a game-changer for the company, which is partly owned by Google.Inc. - Mar. 12 -
'I always play my best football when I'm happy'
Arsenal's Alessia Russo said her success in front of goal this season is partly down to enjoying her football again.Yahoo Sports - 3d -
Trump Administration Lifts Ban on Sugar Company Central Romana Over Forced Labor
Labor groups said working conditions had not changed enough to warrant the removal. The company is partly owned by donors to President Trump.The New York Times - 1d -
February consumer price index report shows slight inflation improvement
New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...NBC News - Mar. 12 -
Why you should open a $5,000 long-term CD now that inflation's falling again
Inflation fell in February for the first time since September. Here's why a $5,000 long-term CD could be worth opening now.CBS News - Mar. 12 -
S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares
The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares.NBC News - Mar. 12 -
See How Elon Musk’s Team Inflated, Deleted and Rewrote Its Savings Claims
The cost-cutting group removed hundreds of contracts from its “wall of receipts,” added back many of them, and inflated savings values.The New York Times - 6d -
As consumers fret, executives have been talking a little less about inflation — and more about this
Despite consumer sentiment hitting a 29-month low by one measure, executives have focused less on inflation — and more on AI — during their quarterly earnings calls.MarketWatch - 4d -
'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts
Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be short-lived.CNBC - 13h -
Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes
Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes.CNBC - 3h -
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Menendez brothers: DA asks to withdraw resentencing motion, blames litany of lies
LA County District Attorney Nathan Hochman said he's asking the court to withdraw the previous district attorney's motion for resentencing for Lyle and Erik Menendez.ABC News - Mar. 10 -
As Tech Layoffs Mount, Blame a Broken System, Not Broken People
This mindset shift is the first step to recovery.Inc. - Mar. 11 -
'I was blamed for car crash when I was 280 miles away'
A Kent driver was accused of a crash in Liverpool after her car number plate was cloned.BBC News - Mar. 14 -
A catering giant just warned on profits. The U.S. education and healthcare markets are to blame.
Shares of Sodexo on Thursday slumped as the catering giant said softer education volumes and a delay in signups of healthcare contracts in the U.S. will hit results.MarketWatch - 18h -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - Mar. 11 -
Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation this year, complicating its decision on whether to cut interest rates ...MarketWatch - 1d -
2-year yield ends at one-week low on Fed’s ‘transitory’ inflation view
U.S. government debt rallied Thursday, pushing yields lower across the board, on the Federal Reserve’s base-case view about the likely transitory nature of tariff-driven inflation.MarketWatch - 8h -
Universities impose hiring freezes in face of uncertainty over federal funding
At least two Ivy League universities abruptly stopped hiring faculty Monday, partly prompted by fear that federal grant funding will be cut.NBC News - Mar. 10 -
Asia-Pacific stocks fall even after soft U.S. inflation report pushes two Wall Street benchmarks up; Seven & i shares rise as much as 3.6%
The Nasdaq Composite picked up after the soft inflation report eased concerns about a looming recession and as investors snapped up technology shares.CNBC - Mar. 13 -
Rays say they 'cannot move forward' with new stadium: 'Our commitment ... is unwavering'
Owner Stu Sternberg blamed events 'no one could have anticipated'CBS Sports - Mar. 13 -
Aviva Investors walks back ‘watch list’ pledge to ditch least green investments
Asset manager blames ‘different macro backdrop’ for change of tack on climate divestmentsFinancial Times - 3d -
Caleb Williams' sack issues: Can Bears' offensive line additions, Ben Johnson help turn things around?
Was Chicago's offensive line really to blame for Williams' 2024 sack numbers?Yahoo Sports - 13h -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - Mar. 8 -
Inflation cools slightly in Trump's first month
Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...The Hill - Mar. 12 -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - Mar. 12 -
C.E.O.s Look Beyond a Rosy Inflation Report
Better-than-expected price data can’t quite blunt worries about consumers pulling back, as companies keep scrambling to handle President Trump’s trade fights.The New York Times - Mar. 13 -
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.The New York Times - 6d -
Economists forecast slowing US growth and increased inflation
Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the rightFinancial Times - 2d -
Trump didn’t kill the penny — inflation did
His announcement stressed the fact that taxpayers lose more than two cents every time another penny is minted.The Hill - 1d -
Powell: Trump tariffs will 'delay' progress against inflation
Federal Reserve Chair Jerome Powell warned Wednesday that President Trump's new tariffs will likely make it harder for the central bank to bring prices down. While Powell did not mention the ...The Hill - 1d -
The Fed Sees Higher Inflation and Lower Growth
Also, Zelensky agreed to a limited cease-fire in a call with Trump. Here’s the latest at the end of Wednesday.The New York Times - 1d -
Powell’s ‘Transitory’ Inflation Call Revives Memories of Pandemic
Investors cheered the Federal Reserve chair’s assessment. But some economists fear a case of déjà vu.The New York Times - 11h -
Trump economic adviser: 'First quarter is going to squeak into the positive category'
National Economic Council Director Kevin Hassett said Monday the “first quarter is going to squeak into the positive category,” even as anxieties around the economy rise nationwide. Stocks were ...The Hill - Mar. 10 -
Daylight Savings Time Starts Today. Here’s the Forgotten Guy You Have to Blame (or Maybe Thank)
Did you know the U.S. already made daylight saving time permanent once? It didn’t stick.Inc. - Mar. 8 -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - Mar. 13
