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The Latest Breaking News from Inflation

'Black Friday' Deals Target Inflation-weary US Consumers

The annual Black Friday shopping day has always been about finding the best deals, but this year retailers are preparing for a US consumer more zealously fixated than ever on getting value for their money.

International Business Times

Trump’s tariffs in his first term did little to alter the economy. This time things could be very different

The total tariffs collected in the United States was less than 0.3% of the GDP in 2019, during Trump’s first term

The Independent UK

European Stocks Close Higher, Dollar Gains, Bitcoin Eases To $95,000: What's Driving Markets Thursday?

As U.S. markets paused for Thanksgiving, European equities staged a rebound on Thursday, snapping a three-day losing streak. Lower-than-expected consumer inflation data from Germany rekindled optimism for more aggressive rate cuts by the European Central Bank (ECB).

Benzinga

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Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation

Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022, in the early days of the war against Ukraine.

Fortune

The Bluey balloon horrifyingly popped during inflation before the Thanksgiving Day Parade

"Bluey went Ka-Bluey." Somebody help her!!!

USA Today Sports Media Group

Bank of America's guide on how to handle awkward economy and politics chat over Thanksgiving dinner

Bank of America has put together a guide on how to talk mortgages, Trump and the deficit this Thanksgiving.

Fortune

Top bank chief reveals why rates are still on hold

Australia's top central banker reveals why she still hasn't pulled the trigger on interest rate cuts despite similar countries already taking action.

AAP

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FTSE 100 Live 28 November: Direct Line shares surge on Aviva approach, Loungers backs £338m takeover

Direct Line Insurance shares are back in the takeover spotlight after the Green Flag owner rejected a £3.3 billion approach by Aviva.

Evening Standard

'Everything is expensive!' Bolivia faces a shocking economic collapse

Across what was once South America’s second-largest producer of natural gas, everyone is searching for fuel

The Independent UK

Asian Markets Mixed After Subdued Pre-holiday Shift On Wall St

Asian markets diverged Thursday as investors brushed off a negative lead from Wall Street while welcoming a drop in Treasury yields and data showing US inflation was holding steady.

International Business Times

US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate

The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth

The Independent UK

Goldman Sachs analyst spells out ‘significant consequences’ of Trump’s huge tariff plans

President-elect Donald Trump’s campaign focused heavily on ending inflation and lowering consumer costs

The Independent UK

10 Insights About The US Economy For Thanksgiving Dinner Talk

Economists answer 10 pressing questions about the US economy, including why food is still expensive and why there hasn't been a recession.

Benzinga

U.S. Inflation Gauge Shows Slight Increase In Price Pressures

The U.S. inflation gauge shows resilience with sustained price pressures, requiring strategic interventions for effective management.

Top News

Inflation Accelerates, Fed May Delay Rate Cuts

Consumer prices rose in October, impacting potential Fed rate cuts. Incomes and spending remain strong amidst concerns about inflation and economic growth.

International Business Times

US Fed's Favored Inflation Gauge Ticks Up In October

US inflation -- set to be a key issue for incoming president Donald Trump -- accelerated slightly last month, according to data published Wednesday, underscoring price pressures in the world's largest economy.

Investors Business Daily

Dow Jones Slides, Nvidia Falters As Trump Rally Sputters; Warren Buffett's Berkshire Hits All-Time High (Live Coverage)

Major indexes were mixed in early trades Wednesday after October's inflation data. Nvidia fell 2% amid tech earnings.

Benzinga

Fed's Favorite Inflation Gauge Heats Up As Predicted, Personal Incomes Soar

Inflation rises in October, while personal income and spending data show a resilient U.S. consumer. December rate cut odds steady at 66%.

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