Latest in Reignite Inflation Larger
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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 - Dec. 11 -
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 - Dec. 11 -
Barry Odom begins Purdue career with larger NIL budget and questions about payment dispute at UNLV
Purdue athletic director Mike Bobinski promised to give new coach Barry Odom everything he needed to revive the Boilermakers program.Yahoo Sports - Dec. 11 -
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.CBS News - Dec. 11 -
One inflation measure shows prices heading the wrong way
There are many ways to slice an inflation report in attempt to divine the true underlying pattern of inflation.MarketWatch - Dec. 11 -
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 - Dec. 11 -
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 - Dec. 11 -
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 - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
‘Super user’ controversy spurs new rules on key U.S. inflation report
So-called Wall Street super users will no longer get inside information on how the government calculates its inflation estimates or other sensitive economic data.MarketWatch - Dec. 11 -
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 - Dec. 10 -
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 - Dec. 10 -
Treasury yields finish higher for second day, ahead of CPI inflation data
Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...MarketWatch - Dec. 10 -
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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 - Dec. 9 -
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. - Dec. 9 -
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 - Dec. 8 -
Arab states will talk to all forces in Syria to prevent reignition of war, says Qatar
‘No one party or sect should feel unsafe,’ says Qatari foreign ministry, as states meet to assess collapse of Assad regime. Middle East crisis – live updates Arab states will seek to avert the ...The Guardian - Dec. 8 -
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 - Dec. 7 -
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 - Dec. 6 -
How Global Conflicts Helped Reignite Syria’s Civil War
Rebels launched sweeping assaults against the forces of President Bashar al-Assad in northwestern Syria, taking control of large portions of territory, including much of the city of Aleppo. ...The New York Times - Dec. 6 -
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 - Dec. 6 -
Chanel hits lavish new heights in efforts to reignite Chinese market
Livered barges carried guests to floating stage on illuminated lake at Hangzhou end-of-year show. Coco Chanel was an ambitious woman, but even she could not have imagined the scale on which the ...The Guardian - Dec. 6 -
Baseball has much larger problems than the farcical ‘golden at-bat’
The proposed rule change has been met with widespread derision. But MLB has two teams in temporary homes and an avalanche of pitcher injuries. The first time I saw a mention of a baseball “golden ...The Guardian - Dec. 5 -
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 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - 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 -
Why the Syrian civil war is reigniting now
Syria's army and its allies are reported to have confronted an attack by forces affiliated with the Kurdish Syrian Democratic Forces in the north of the country. This comes after rebel fighters ...CBS News - Dec. 3 -
Hunter Biden pardon fallout and strategic timing behind Syria's reignited civil war: Morning Rundown
Donald Trump could use Joe Biden’s pardon of Hunter Biden for his own gain, some worry.NBC News - Dec. 3 -
Key players in Syria's long-running civil war, reignited by a shock rebel offensive
Syria’s long civil war has reclaimed global attention after insurgents seized most of its largest city and dozens of nearby towns and villagesABC News - Dec. 3 -
Why Syria's civil war is reigniting
The Syrian military and the Kremlin conducted joint airstrikes Monday on parts of Syria that rebels took control of over the weekend. Fighters seized Syria's largest city, Aleppo, after a battle ...CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
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