Latest in Surge Inflation
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Stocks surge on inflation data. Trump, bond yields hold the key to what’s next.
Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.MarketWatch - 9h -
Why a small drop in inflation matters to you
The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.BBC News - 17h -
UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.CNBC - 23h -
Bond yields are surging. Here's what it means for your finances
The yield on 10-year U.S. Treasury bonds reached its highest level in 14 months.ABC News - 2d -
Dementia Cases in the U.S. Will Surge in the Coming Decades, Researchers Say
By 2060, new dementia cases per year could double to one million because of the growing population of older Americans, a study predicts.The New York Times - 2d -
ECB’s chief economist warns of too-low inflation if rates stay high
Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’Financial Times - 2d -
AI set to fuel surge in new US gas power plants
Climate targets in peril as Big Tech turns to fossil fuels to feed energy demandFinancial Times - 3d -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Malaysia expects surge of Chinese investment, economy minister says
Rafizi Ramli suggests semiconductor and tech sectors are seeking to avoid exposure to possible Trump tariffsFinancial Times - 4d -
Why this fund manager is fighting higher inflation with dividend stocks
These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.MarketWatch - 4d -
Why deporting undocumented workers will stoke inflation and sink Social Security
Inflation, which appears to be settling at about 2.5% annually, could jump to 4.5%.MarketWatch - 4d -
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.MarketWatch - 4d -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - 5d -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - 6d -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - 6d -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - 6d -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - 6d -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - 6d -
Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation
“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”The New York Times - 6d -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - Jan. 8 -
Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation
Treasury Secretary Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more in an exit interview on CNBC's "Money Movers."CNBC - Jan. 8 -
India confirms first HMPV cases amid surge in China
India confirmed its first cases of human metapneumovirus (HMPV) infections in children, with a total of seven cases reported as of Tuesday. The cases were reported in Bengaluru, Nagpur, Tamil Nadu ...The Hill - Jan. 7 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
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German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
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What is human metapneumovirus, are cases surging in China, and should we be worried?
Surging HMPV cases in northern China have prompted some online alarm but experts say the risk of another Covid-like pandemic is low. Human metapneumovirus (HMPV) is a respiratory disease that ...The Guardian - Jan. 6 -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
Sabres Should Extend Surging Forward Right Now
The Sabres forward is making a serious case for a contract extension.Yahoo Sports - Jan. 4 -
Covid surges across US after holidays amid low booster uptake
Test positivity, emergency room visits, hospitalizations and deaths are increasing as expert warns: ‘It’s still dangerous’. . Covid is once again surging across the US after an unusual relative ...The Guardian - Jan. 3 -
Dollar surges against the euro and sterling
US jobs data adds to investor confidence over strength of American economyFinancial Times - Jan. 2