Latest in Tariffs Ignite Inflation
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Trump faces backlash from business as tariffs ignite inflation fears
Experts warn aggressive trade measures against US allies will hurt consumers and roil supply chainsFinancial Times - 2h -
Tariffs Could Inflate Food Prices Despite Trump Pledge to Lower Costs
Though Trump pledged to lower grocery prices, tariffs could raise prices.Inc. - 1d -
High Inflation and New Tariffs Will Make the Fed’s Job Tougher
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.The New York Times - 2d -
Trump threatens to ignite era of trade wars with new tariffs
US president says he will hit Canada, Mexico, China and EU with levies as he targets major trading partnersFinancial Times - 2d -
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College basketball rankings: Johni Broome returns, igniting Player of the Year race as Auburn edges Duke
Broome and Cooper Flagg are the two best players on the two best teams in the latest Top 25 And 1CBS Sports - 3d -
Trump says the Fed "has failed" to stop inflation
After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job market and stubborn inflation. CBS News MoneyWatch correspondent Kelly ...CBS News - 4d -
Beshear: Trump addressing ‘everything but inflation and prices’
Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on Trump's ...The Hill - 5d -
The Trump economy: inflation versus isolationism
Economists warn the wallets of the US working class could be hit by the new administration’s prioritiesFinancial Times - 5d -
Trans musical 'Emilia Pérez' is winning awards and igniting controversy
“Emilia Pérez” is quickly becoming an awards-show favorite, raking in four Golden Globe wins and 13 Oscar nominations — plus SAG Award nods, too.NBC News - Jan. 24 -
New wildfires ignite in Southern California but rain set to bring relief
A new fire erupted Thursday near San Diego, burning through more than 800 acres. Meanwhile, rain is in the forecast for the weekend which could help with dry conditions but brings its own set of ...NBC News - Jan. 24 -
Sepulveda Fire ignites near 405 Freeway, with temporary evacuation warnings in Bel Air
It was first reported just after 11 p.m. near northbound lanes of the freeway in Sherman Oaks, according to the Los Angeles Fire Department.CBS News - Jan. 23 -
Dimon defends Trump tariffs: 'National security trumps a little bit more inflation'
JP Morgan Chase CEO Jamie Dimon on Wednesday weighed in on President Trump’s proposed tariffs on Canada, Mexico and China among other nations, saying national security benefits would outweigh any ...The Hill - Jan. 22 -
Trump’s space ambitions ignite a rally in these stocks — an analyst sees more gains ahead
A Cantor Fitzgerald analyst says that he expects “future growth” in the space-exploration industry.MarketWatch - Jan. 22 -
Watch: ‘Rules must change’ after Iga Swiatek’s double bounce ignites row
A fresh rules controversy broke out at the Australian Open on Wednesday involving world No 2 Iga Swiatek after she won a point despite hitting the ball following a double bounce.Yahoo Sports - Jan. 22 -
Energy stocks ignite as Trump declares, ‘Drill, baby, drill’
Schlumberger, NRG Energy, Uranium Energy, KLX Energy Services riseMarketWatch - Jan. 21 -
Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says
"Inflation is much more sticky than we have been saying," UBS CEO Sergio Ermotti said Tuesday.CNBC - Jan. 21 -
People are getting Trump and inflation wrong
Sloppy and wishful thinking has taken over the USFinancial Times - Jan. 21 -
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
"If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."CNBC - Jan. 21 -
Factchecking Trump’s inauguration speech, from inflation to healthcare
Following up on key claims made by 47th US president during his day one address. Donald Trump inauguration – live updates Donald Trump repeatedly made false and misleading claims during his ...The Guardian - Jan. 20 -
Investors better hope inflation and intangibles never meet
Unlike physical assets, those we cannot see have never been tested by rising pricesFinancial Times - Jan. 17 -
Trump's picks are grilled on climate, tariffs and inflation in third day of hearings
The Senate Judiciary Committee will hold Day 2 of the confirmation hearing for Pam Bondi's expected nomination for attorney general.NBC News - Jan. 16 -
Inflation: still quite annoying
The direction of travel remains mostly sidewaysFinancial Times - Jan. 16 -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.CNBC - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
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 - Jan. 15 -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 12 -
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 - Jan. 10 -
LIVE: LA area's 2 biggest blazes burn at least 10,000 structures; New fire ignites
The level of devastation is jarring even in a state that has grown used to massive wildfires.The Hill - Jan. 10 -
Biden Administration Ignites Firestorm With Rules Governing A.I.’s Global Spread
The tech industry is fighting new regulations, expected soon, that aim to keep the cutting-edge technology in the United States and allied countries.The New York Times - Jan. 9 -
Hollywood Hills scorched as Sunset Fire ignites in Los Angeles
The Sunset Fire started as a brush fire in Los Angeles' Hollywood Hills amid windstorm conditions. By mid-Thursday morning, the fire was stopped, an official said.CBS News - Jan. 9 -
LA’s night of horror as furious wildfires ignited: ‘Never seen anything like this’
At least five people are dead and several injured as multiple fires burn, including most destructive in city’s history. California wildfires: live updates Los Angeles firefighters were already ...The Guardian - 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 backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
‘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 -
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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