New Inflation Data Shows Increase Days after Election
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DNC selects new leader after 2024 election disappointment
Minnesota Democratic Party Chairman Ken Martin has been elected chairman of the Democratic National Committee.ABC News - 1d -
Over 90% of U.S. airport towers are understaffed, data shows
Less than 10% of the nation's airport terminal towers have enough air traffic controllers to meet a set of standards set by a working group that included the FAA and the controllers' union.CBS News - 2d -
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basisCNBC - 2d -
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.The New York Times - 2d -
Germany's inflation steady at 2.8% in January ahead of February election
The reading was also in line with a forecast from economists polled by Reuters.CNBC - 2d -
Southwest Airlines expects slower pace of cost increases, but inflation persists
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.MarketWatch - 3d -
U.S. economy grows 2.3% in last quarter, latest GDP data shows
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.CBS News - 3d -
New Orleans increasing security ahead of Super Bowl
Police in New Orleans are increasing security measures as the city gears up to host the upcoming Super Bowl nearly a month after a deadly New Year's Day terror attack. In a release Tuesday, the New ...The Hill - 4d -
We're increasing our price target on Starbucks after CEO Brian Niccol shows signs of progress
The coffee giant is in the midst of a turnaround. Patience is required.CNBC - 5d -
Power line had increase in current on day of Eaton Fire, California utility says
High-voltage power lines saw a temporary surge in electrical current in the area where the deadly Eaton Fire is believed to have started, Southern California Edison said.NBC News - 5d -
Data Show That For Some in NYC, Congestion Pricing is Improving Commutes
The congestion pricing plan for New York City remains controversial, but for people who actually need to commute into the city, early signs show it may be working out.Inc. - 6d -
EU rejects election in Belarus and threatens new sanctions
The European Union has rejected the election in Belarus as illegitimate and threatened new sanctionsABC News - Jan. 26 -
Sunday shows preview: Trump agenda takes form after whirlwind first few days in office
President Trump’s cabinet picks were readily ushered into the new administration after this week’s Senate confirmation hearings. Republicans showed their dominance in both legislative bodies by ...The Hill - Jan. 25 -
ETFs increase efficiency of markets, new study shows
Academic findings on macro-market behaviour contradict widely accepted previous researchFinancial Times - Jan. 24 -
Zelensky Could Face Tough Re-election Prospects, Polls Show
The high popularity that the Ukrainian president had in the early days of the Russian invasion, with an approval rating of about 90 percent, has dipped badly.The New York Times - Jan. 23 -
Puma stock slumps, a day after Adidas rally. New Speedcat range may be to blame.
Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.MarketWatch - Jan. 23 -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - Jan. 21 -
76ers' Joel Embiid out 7 to 10 more days after increased swelling in left knee
Between injuries and suspensions, Embiid has played in just 13 games this season.Yahoo Sports - Jan. 17 -
Former ‘Today’ host Hoda Kotb starts her new life as suburban mom in $2.9 million home after years on the show
After 17 years on the show, Kotb’s final on-air day was Jan. 10, as she plans to spend time with her two daughters.MarketWatch - Jan. 17 -
Cancer rates have increased for young women since 2002, research shows
While a new report from the American Cancer Society showed an overall drop in U.S. cancer deaths, it also highlighted an uptick in the number of young women being diagnosed with the disease. Dr. ...CBS News - Jan. 16 -
We’re Sharing the Data Behind Our Detailed 2024 Election Map
Our new interactive map features precinct-level results that anyone can download.The New York Times - Jan. 16 -
Family sues after video shows man beaten by guards in New York prison: "It was murder"
The family of Robert Brooks, who was beaten by corrections officers at a New York prison, has filed a federal civil lawsuit over his death. CBS News national correspondent Jericka Duncan spoke with ...CBS News - Jan. 16 -
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 -
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 - Jan. 15 -
Inflation report shows upsurge days before Trump takes office
Prices rose 2.9% in December compared to a year ago.ABC News - Jan. 15 -
Bitcoin swings back above $96,000, in stunning reversal, as light inflation data stokes risk appetite
Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading.CNBC - Jan. 14 -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - Jan. 14 -
Fox News gives Will Cain new show
Fox News is giving host Will Cain his own show, a program that will replace longtime anchor Neil Cavuto in the network's 4 p.m. time slot, along with other programming changes. Cain, currently a ...The Hill - Jan. 13 -
Stocks fall back to pre-Election Day levels amid renewed inflation and interest-rate concerns
The post-Election Day rally in stock prices is fading amid forecasts that the Federal Reserve will not lower interest rates as much as expected.NBC News - Jan. 13 -
Lebanon's army chief elected president, showing regional shifts
Lebanon’s parliament elected army chief Joseph Aoun head of state on Thursday, filling the vacant presidency with a general who enjoys U.S. approval and showing the diminished sway of the ...NBC News - Jan. 9 -
New Caledonia Congress elects pro-France president after political crisis
New leader Alcide Ponga says people want a ‘signal of hope’ after turmoil in the French Pacific territory . Weeks after its first ever pro-independence government collapsed, New Caledonia has named ...The Guardian - Jan. 9 -
‘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 -
Virginia Holds the First Elections of the New Trump Era
Voters are going to the polls on Tuesday in three special elections for the legislature that will serve as barometers of political energy for both parties.The New York Times - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Some January 6 rioters had prior criminal records, data shows
At least 159 of the Jan. 6, 2021, convicts who have been sentenced have prior criminal records, according to a CBS News investigation. Steve Reilly breaks down the data.CBS News - Jan. 6 -
Grieving New Orleans gathers in prayer and healing after New Year's Day attack
Hundreds of New Orleanians gathered at the City of Love Church on Saturday morning to seek solace and understanding in the wake of the New Year's Day attack.NBC News - Jan. 4 -
Sunday shows preview: US reels after New Year's attacks; 119th Congress hits ground running
The U.S. is reeling from a pair of New Year’s Day attacks in Nevada and Louisiana that have taken multiple lives and injured dozens. Authorities said the suspect in the New Orleans terror attack, ...The Hill - Jan. 4