Inflation Rate Hits Lowest Point in 3 Years
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Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength
The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.CNBC - Dec. 12 -
Asian stocks rise after US inflation data clears way for rate cut
Currencies strengthen against dollar as investors position for loosening by Federal ReserveFinancial Times - Dec. 12 -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - Dec. 11 -
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.Inc. - Dec. 11 -
Hield eyeing Klay's, not Steph's, NBA 3-point record
Golden State Warriors guard Buddy Hield has his sights set on a Klay Thompson 3-point record, not a Steph Curry one.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 -
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. ...CBS News - 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 -
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 -
Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.MarketWatch - Dec. 11 -
Sources: Eovaldi back to Rangers on 3-year deal
Sources told ESPN's Jeff Passan that Nathan Eovaldi's deal with the Rangers is for three years and $75 million.ESPN - Dec. 11 -
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 -
Celtics on pace to set multiple NBA 3-point shooting records
The Boston Celtics put on their own 3-point shootout almost every game, and it’s been an enormously successful strategy for them. It helped the Celtics win the 2024 NBA Finals last season, and this ...Yahoo Sports - Dec. 10 -
Argentina monthly inflation seen under 3% in November, but sticky
Yahoo News - Dec. 10 -
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 -
UK business confidence falls to lowest level in almost two years after Labour budget
British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government's bumper tax-raising budget, new data showed Monday.CNBC - Dec. 9 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
Arsenal ratings: Lackluster Gunners drop points
Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.ESPN - Dec. 8 -
Young hits 3-point in overtime to give Hawks 6 straight wins, 134-132 over Lakers
Trae Young hit a 3-pointer with 7.4 seconds left in overtime and the Atlanta Hawks held on for their sixth straight win, beating the slumping Los Angeles Lakers 134-132ABC News - Dec. 6 -
Unemployment rate jumps more than a percentage point for Black women in November
The unemployment rate climbed sharply for Black women in November.NBC News - Dec. 7 -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
Oil prices end at their lowest in 3 weeks after OPEC+ fails to allay supply worries
Oil futures settled lower on Friday to tally losses for the week, a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned ...MarketWatch - Dec. 6 -
Unemployment rate jumps more than a percentage point for Black women in November
The unemployment rate jumped significantly for Black women in November.CNBC - Dec. 6 -
The Year in Pop: Hits Without Stars, Stars Without Hits
Tommy Richman, Teddy Swims and Benson Boone had some of the biggest songs of the year. But Taylor Swift, Zach Bryan and Tyler, the Creator held strong without them.The New York Times - Dec. 6 -
Health-care quality rating at 24-year low: Gallup
Americans’ outlook on the quality of health care in the U.S. is at a 24-year low, according to a new survey. The Gallup poll, released Friday, shows 33 percent of U.S. adults said the quality of ...The Hill - Dec. 6 -
Canada's jobless rate jumps to near 8-year high of 6.8% in November
Yahoo News - Dec. 6 -
Marcus Smart scores 18 points, hits clinching free throws in Grizzlies' 115-110 win over Kings
Marcus Smart scored 18 points — the last two on clinching free throws with 2.9 seconds left — and the Memphis Grizzlies beat the Sacramento Kings 115-110 on Thursday nightABC News - Dec. 6 -
Sources: Severino, A's reach 3-year, $67M deal
The Athletics and starting pitcher Luis Severino have reached a three-year, $67M deal that is the largest guarantee in franchise history, sources told ESPN.ESPN - Dec. 5 -
Celtics withstand 3-point spree to beat the Pistons 130-120
Jaylen Brown had 28 points with nine assists and Kristaps Porzingis added 26 points and nine rebounds to lead the Boston Celtics to their ninth victory in 10 games, a 130-120 victory over the ...ABC News - Dec. 4 -
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 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - 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 -
Al-Shaair suspended 3 games after Lawrence hit
The NFL has suspended Texans LB Azeez Al-Shaair three games for repeated violations of player safety rules after his hit to the head of Jaguars QB Trevor Lawrence.ESPN - Dec. 3 -
Houston player suspended 3 games without pay following violent hit
Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games for repeated violations of player safety rules following his hit to the head of Jacksonville’s Trevor Lawrence, which ...ABC News - Dec. 3 -
Latrell Wrightsell Jr. injury: Alabama's top 3-point shooter out for season after suffering Achilles rupture
Wrightsell led the Crimson Tide in 3-point shooting percentage last season and was key in their Final Four runCBS Sports - Dec. 3 -
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