Uk Inflation Forecast to Be Highest of Advanced Economies

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. - 6d

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 - 6d

More Senate Democrats say they'll vote to advance Laken Riley Act

More Senate Democrats have indicated they plan to vote to advance the Laken Riley Act in a procedural vote this Friday. The bill — which is named for the Georgia nursing student who was killed by ...

The Hill - 6d

10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation

The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.

CNBC - 6d

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 - 6d

Latest weather forecast as massive California wildfires spread

The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...

CBS News - 6d

UK 10-year borrowing costs hit highest level since 2008

Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules

Financial Times - 6d

Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...

The Guardian - Jan. 8

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - Jan. 8

California fire forecast: Wind speeds remain high as wildfires rage

A damaging Santa Ana wind event was peaking early Wednesday and was expected to stay strong through early afternoon.

ABC News - Jan. 8

Winter Storm Forecast to Bring Snow and Ice to Texas

Just after the season’s first major winter storm, snow and ice are set to sweep across Texas and into the Carolinas this week.

The New York Times - Jan. 7

10-year Treasury yield ends at highest since April as inflation worries grow

U.S. government debt sold off aggressively on Tuesday, pushing the benchmark 10-year rate to its highest level in more than eight months, after an ISM services-sector reading contained signs of ...

MarketWatch - Jan. 7

Oil futures settle at their highest level since October

Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.

MarketWatch - Jan. 7

‘Living the dream’: snowed in at Britain’s highest pub, strangers became friends

When the majority of the 33 people trapped by the weather were able to escape, not everyone wanted to leave. • ‘It makes you feel like a kid again’: snowed in at Britain’s highest pub . • Snowed ...

The Guardian - Jan. 7

The latest forecast covering the UK

BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.

BBC News - Jan. 7

UK long-term borrowing costs hit highest level since 1998

Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules

Financial Times - Jan. 7

Developed economies across the globe are abandoning progressive policies

In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...

The Hill - Jan. 7

Withings unveils health mirror and advanced blood pressure monitor

Withings, a connected health company, has expanded its cardiovascular products with BPM Vision, an advanced blood pressure monitor.

VentureBeat - 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 cuts

Financial Times - Jan. 7

Nvidia’s Nemotron Model Families will advance AI agents

Nvidia announced Nemotron Model Families to advance agentic AI as part of its bevy of AI announcements at CES 2025 today.

VentureBeat - Jan. 7

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

German inflation rate climbs to 2.6% in December

Yahoo News - Jan. 6

'Second chance at life' after UK's first liver transplant for advanced bowel cancer

Bianca Perea, a 32-year-old trainee lawyer, is now "cancer-free" after a pioneering liver transplant.

BBC News - Jan. 6

Residents of Syria's Quneitra are frustrated by lack of action to halt Israeli advance

The presence of Israeli troops who entered a U.N. buffer zone on the border with Syria following the fall of President Bashar Assad is frustrating the local population

ABC News - Jan. 6

Germany to release inflation estimate for 2024

Yahoo News - Jan. 6

See the latest forecast covering the UK

The BBC's Carol Kirkwood explains what the next few days will look like across the UK.

BBC News - Jan. 6

China's economy is causing a hangover for spirits giants

Yahoo News - 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

‘It makes you feel like a kid again’: snowed in at Britain’s highest pub

Drinks flow and friends are made as people hunker down overnight at the Tan Hill Inn in North Yorkshire. “Do you want a shot?” asks Katy Sherrington from Durham, offering up a tiny glass of a pink ...

The Guardian - Jan. 5

Burning waste is not the way to move the UK towards a circular economy | Letters

A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...

The Guardian - Jan. 5

What to expect in 2025 if economist forecasts are as bad as usual

Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.

MarketWatch - Jan. 4

USA to face Poland for United Cup title, Sabalenka and Osaka advance to finals

US beat Czechs, Poland defeat Kazakhstan in Sydney Aryna Sabalenka powers past Andreeva in Brisbane Naomi Osaka close to ending trophy wait in Auckland Former champions the United States ...

The Guardian - Jan. 4

US housing supply reaches highest total since 2019: Redfin

Per Redfin, active listings have been rising 0.5% month over month and 12.1% year over year on a seasonally adjusted basis.

The Hill - Jan. 4

Can the creative industries add stardust to UK’s stalling economy?

Ministers look to booming sector as wider growth loses momentum

Financial Times - Jan. 3

Carville on Harris loss: ‘It is and it always will be the economy, stupid’

Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...

The Hill - Jan. 2