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The Latest Breaking News from Inflation

"Is Ram Mandir real issue? Talk about inflation, employment": Congress leader Sam Pitroda

As the country is preparing for the consecration of the Ram Temple in Ayodhya, senior Congress leader Sam Pitroda has raised a question read furthor on Dynamite News

Dynamite News

Chicago Christmas shoppers spend big despite inflation fears

Early data from Mastercard SpendingPulse said overall spending nationwide for the holiday season was up about 3% amid signs shoppers were deliberate but not stingy.

Chicago Sun-Times

Economic lookahead: As we ring in 2024, can the US economy continue to avoid a recession?

With economic forecasters rewriting their 2024 outlooks following recent moves from the Federal Reserve, The Conversation turned to two financial economists to share their thoughts on the upcoming year.

The Conversation

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The Year of Bad Vibes

Plus: Crime, inflation, college crazies, and more...

Reason

Stock Index Futures Tick Higher on Expectations for Fed Rate Cuts Next Year

March S&P 500 E-Mini futures (ESH24) are up +0.14%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.18% this morning as trading resumed after the Christmas holiday, with investors looking ahead to earlier and deeper interest rate cuts from the Federal Reserve next year following a cooler-than-expected U.S. inflation…

Barchart

Welcome to the era of 'normalization': Why Wall Street is convinced consumers will get comfortable with some economic pains in 2024

Taking a look across the outlooks for next year, there's one word that stands out from Wall Street. "Normal."

Fortune

Singapore's November Core Inflation Slows to 3.2% Year-on-Year

Singapore's November core inflation eases to 3.2% year-on-year, signaling a positive shift in the country's economic landscape. Exceptionally delicious new...

Top News

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Price Stability Maintained as Japan Sees Steady Corporate Service Inflation

Discover the latest economic trends in Japan as corporate service inflation remains steady in November, signaling stability in the country's economy.

Top News

Economic relief: GDP grows, inflation cools, Christmas gift for Americans!

Discover how the US economy is showing signs of improvement, with strong GDP growth and cooling inflation. But will the Biden administration get credit for...

Top News

Asian Shares Rise as Wall Street Extends Winning Streak

Find out how Asian shares reacted to reports of decreasing inflation and a potentially improving economy, as Wall Street ends its winning streak.

Top News

Outlook 2024: With no apparent hurdles on horizon, road seems clear for stock investors

Cumulatively, the past 12 months have been stellar for investors who parked their money in Indian stocks. Read further on Dynamite News:

Dynamite News

Stock market today: Asian shares are mixed, with most markets shut, after Wall St's 8th winning week

Asian shares are mixed, with most markets in the region closed for the Christmas holiday

The Independent UK

Government has taken many proactive steps to control the prices of food items: Food and Consumer Affairs Minister

Union Food and Consumer Affairs Minister Piyush Goyal said that the Centre has taken many proactive steps in the past few years to control retail prices of food items

The Hindu

Here's how to turn Skyrim into the year's 3 biggest games with the power of mods to beat inflation and save money

Break your games, not the bank.

PC Gamer

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Top News

Stock market soars, but Americans remain pessimistic about economy

Discover the contradiction between a booming stock market and a grim public sentiment about the economy. Find out why people are feeling skeptical despite ...

The Guardian - UK

James Dyson criticises Tories for not ‘going for growth’ after fall in GDP

Inventor defends economic policies of Kwasi Kwarteng and Liz Truss that sent economy crashing

PC Gamer

Are the best GPUs really more expensive than they were when I was young, or am I remembering a past that never was?

It's often said that top performing GPUs are pricier now than they've ever been, but is that really the case? I decided to investigate.

Top News

Inflation Takes a Holiday, Boosting Consumer Confidence!

Discover the latest positive news about the economy and falling prices. A creative and upbeat tone highlights the unexpected success and future prospects.

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Fortune

Wall Street's expecting a soft landing in 2024—but that doesn't mean stocks will soar

Economists’ economic outlook ranges from pessimistic to disastrous — here’s why.

Fortune

The housing market is being haunted like Scrooge this holiday season as Fortune 500 chief economist sees 'housing market of Christmas past' settling in for 2024

Housing market of today mimics that of the 1980s, First American chief economist Mark Fleming says

The Independent UK

James Dyson accuses Rishi Sunak of not ‘going for growth’ as UK at risk of recession

Billionaire inventor says wealth generation and growth have become ‘dirty words’ in government

The Guardian - UK

Chocolate treats for Christmas 2023 jump in price at UK supermarkets

Fun-size packs of bars, Milk Tray and Quality Street up by at least 50% since 2022 as cocoa, sugar and packaging costs rise

The Guardian - UK

Party paupers: Nigeria’s financial crisis puts the brakes on ‘Detty December’ celebrations

Lagos loves to wine, dine and dance in the month leading up to Christmas, but soaring prices and rampant inflation mean would-be revellers are staying home

Barchart

Stocks See Support as Weak U.S. Deflator Supports Dovish Fed Outlook

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.09%. Stocks closed generally higher on a larger-than-expected decline in...

Barchart

Dollar Dips as Favorable U.S. Inflation News Bolsters Fed Rate-Cut Expectations

The dollar index (DXY00 ) on Friday fell by -0.14%. The dollar was undercut by Friday’s decline in the U.S. deflator to a 2-3/4 year low, which supported the market’s view for Fed rate cuts starting in early 2024. On the other hand, the dollar saw underlying support from the...

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