Point Inflation Economy
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CBS News - Top stories
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.3 hours ago - Donald Trump -
BBC News - Top stories
What's the point of buying the latest smartphone?
It is the time of year when new handsets are unveiled, but they may offer only small improvements.3 hours ago -
Financial Times - World
Trump says half-point rate cut shows US economy is ‘very bad’
Former president adds that central bank could be ‘playing politics’ as it reduces interest rates ahead of election4 hours ago - Donald Trump -
Financial Times - World
FirstFT: Federal Reserve cuts rates by half a point
Also in today’s newsletter, a second day of blasts in Lebanon, and India overtakes China in world’s biggest investable stock benchmark4 hours ago - Federal Reserve -
Financial Times - World
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 you5 hours ago -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.7 hours ago - Federal Reserve -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...8 hours ago -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...8 hours ago - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.8 hours ago - Federal Reserve -
The Hill - Politics
Watch live: Fed Chair Jerome Powell speaks on interest rates, economy
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) has ...9 hours ago - Federal Reserve -
CBS News - Top stories
Trump and Harris' views on inflation — their records and what they've said
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's views on combating high prices for Americans.9 hours ago - Donald Trump -
The Hill - Politics
Harris tops Trump by 1 point in Wisconsin: Survey
Vice President Harris leads former President Trump by 1 percentage point in Wisconsin, according to a survey released by the AARP and conducted by the bipartisan polling team Fabrizio Ward and ...10 hours ago - Donald Trump -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.12 hours ago - Federal Reserve -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...12 hours ago - United Kingdom -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.14 hours ago - Federal Reserve -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.16 hours ago -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positive19 hours ago -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on Thursday19 hours ago - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.19 hours ago - United Kingdom -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...19 hours ago - United Kingdom -
CNBC - Business
Ray Dalio names the top five forces shaping the global economy
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.21 hours ago -
NBC News - Politics
Harris talks economy, Trump comments about immigrants in Ohio in NABJ event
Vice President Harris spoke at a discussion hosted by the National Association of Black Journalists in Philadelphia on Tuesday, weeks after former President Trump questioned her racial identity at ...Yesterday - Donald Trump -
Yahoo Sports - Sports
Point the blame for latest Eagles meltdown directly at Nick Sirianni
Nick Sirianni's Eagles fell to 2-7 in their last nine games with a fourth-quarter meltdown Monday night vs. the Falcons.Yesterday -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.Yesterday - Federal Reserve -
Inc. - Business
Corporate America Cares Less and Less About Inflation
Fewer S&P 500 companies are mentioning inflation during earnings calls ahead of the Fed's first rate cut.Yesterday -
ABC News - World
Dozens wounded after pagers detonate in Lebanon, officials point to Israel
Lebanese state media and security officials say dozens of people have been injured in Beirut’s suburbs after their handheld pagers explodedYesterday - Israel -
The Hill - Politics
Harris leading Trump by 3 points in battleground Pennsylvania survey
Vice President Harris is leading President Trump by 3 points in the battleground state of Pennsylvania, according to postdebate polling released Monday. The USA Today/Suffolk University survey ...Yesterday - Donald Trump -
The Hill - Politics
Harris holds 6-point national lead over Trump in postdebate polling
Vice President Harris is leading former President Trump nationally by 6 points, according to a polling released a week after the first debate between the major party nominees. The Morning Consult ...Yesterday - Donald Trump -
The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.Yesterday - China