News

In August, the Consumer Price Index (CPI) rose 2.9% year over year. That is about what was expected. However, the price of gasoline fell 6.6%, based on the same timetable. The CPI can be misleading.
According to Arsh Mogre of PL Capital, the disinflationary momentum has been amplified by favourable supply-side conditions and good monsoon. With the GST reforms, even a 50–60 per cent pass-through ...
The U.S. CPI rose 0.4% last month, the biggest gain since January, after increasing 0.2% in July, the Labor Department's Bureau of Labor Statistics said. The CPI was driven by a 0.4% jump in the cost ...
With U.S. jobless claims surging and labor data revised sharply lower, markets see Powell locked into a September Fed rate ...
Climate Crisis 247 on MSN35m

Coffee Climate-Driven Prices Up 21%

Coffee prices, driven by climate change, are up 21% this year. That is before tariffs kick in. This shows how climate ...
Inflation is on the rise once more, hitting 2.9% in August, as jobless claims hit a peak not seen since 2021, complicating ...
Despite a rise in CPI inflation for August to the highest levels in seven months, the probability of a rate cut at the FOMC ...
The August index for bread was 240.8, down 0.2% from July but up 1.2% from a year ago. Under this heading, the CPI for white bread was 433.2, up 0.4% from July but down 0.2% from August 2024. For ...
Oct. 15 is likely the biggest day on the calendar for retirees because it will determine how much their benefits increase.
BofA Says Investors Back Fed’s Credibility With Rate-Cut Timing (Bloomberg): Bank of America strategist Michael Hartnett said rising bank stocks and narrowing credit spreads show investors trust the ...
Seniors are "holding their breath as we wait for the official COLA announcement in October," said TSCL's executive director.
The GBP/USD exchange rate held steady as investors reacted to the latest UK inflation expectations and GDP numbers.