Latest in Progress Inflation
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Brazil’s President Lula to undergo a new procedure after initial surgery for brain bleed
Brazilian President Luiz Inácio Lula da Silva will undergo a new procedure on Thursday following up on an unplanned surgery earlier this week for a brain bleedABC News - 6h -
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 - 7h -
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 -
Yankees free agency and trade buzz: 'A bit of progress' made in potential Cody Bellinger deal with Cubs
The latest Yankees free agency and trade buzz during the MLB offseason.Yahoo Sports - 4h -
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 - 9h -
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 -
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 - 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 -
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 - 17h -
Pay UK bosses like football stars, says Lord Spencer
Founder of ICAP claims boosting chief executives’ salaries would help London’s competitivenessFinancial Times - 1d -
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 -
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 -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - 2d -
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 -
Fans Bring Inflatable Palm Trees to Games After Executive’s Comments on Buffalo
The Sabres’ general manager said the team had trouble attracting free agents because of its location: “We don’t have palm trees. We have high taxes.”The New York Times - 3d -
Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - 4d -
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Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStop
CNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.CNBC - 5d -
New progressive caucus chair: Democrats need to prioritize winning 'above being right all the time'
Rep. Greg Casar (D-Texas), the newly elected chair of the Congressional Progressive Caucus, weighed in on Democrats’ future strategy, saying the party needs to prioritize victory with a stronger ...The Hill - 5d -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - 5d -
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 -
Where House progressives' new leader thinks Democrats went wrong: From the Politics Desk
In an interview, Texas Rep. Greg Casar, the new chair of the Congressional Progressive Caucus, details where Democrats went wrong in the 2024 election.NBC 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 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
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 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - 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 -
US blasts countries that ‘stood in the way of progress to protect their profits’ over collapsed plastic talks
The White House criticized a group of oil-rich countries as well as corporations who make money from plastic production in a new statement after global talks for a treaty to reduce plastic waste ...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 -
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