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The Latest Breaking News from Inflation

Who is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,’ sees ‘political bias’ in jobs data, and suggested firing Powell over a renovation

“If you’d asked me a year ago, I would have said I think Kevin would be a good pick. I wouldn’t say that today. Kevin has been incredibly dishonest.”

Fortune

Why Now Might Be a Good Time To Boost Your Emergency Fund

Job cuts are rising and hiring is slowing. And don't forget about inflation. Here’s why boosting your emergency fund now could help save you later on.

GOBankingRates

How the standoff between Rachel Reeves and the OBR unfolded

Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believe

The Guardian - UK

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Banking Expert: 4 Accounts That Help Your Money Grow in Any Economy

An expert shared the best types of accounts to protect your savings and earn more interest in today’s high-inflation economy.

GOBankingRates

Stocks Set to Open Lower as Bond Yields Climb, U.S. PCE Inflation Data Awaited

December S&P 500 E-Mini futures (ESZ25) are down -0.57%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.68% this morning, pointing to a lower open on Wall Street as Treasury yields climbed following hawkish comments from Bank of Japan Governor Kazuo Ueda.

Barchart

Saving or investing? Ask your future self…

Personal finance expert Gabriel Nussbaum (@thatmoneyguy) sits down with his future self to finally settle the big question: should you be saving, investing, or both? In this episode of Money Smart, Gabriel breaks down the difference between short-term security and long-term growth, how to balance risk and reward, and why…

The Independent UK

Here’s How Much Kevin’s $20 ‘Home Alone’ Grocery Haul Would Cost With 2025 Inflation

Here is an item-by-item cost breakdown to see just how much inflation you have added to your cart since 1990.

GOBankingRates

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The Unexpected Benefit of Delaying Social Security to Age 70

Social Security is one of the most important income sources for retirees, but the age at which you claim benefits dramatically affects the amount you...

Saving Advice

Powell, PCE and Other Key Thing to Watch this Week

Markets enter December facing a week packed with comprehensive economic data, high-profile earnings, and multiple Fed Chair Powell appearances that together could determine the trajectory for both the final month of 2025 and early 2026 positioning.

Barchart

Worried About Inflation? These 3 ETFs Offer Real Protection

Inflation has slowed but remains a major concern for many investors; these ETFs can help provide a buffer through the use of TIPS, commodities, or T-Bills.

MarketBeat

New 2026 Tax Change Could Mean More for Your IRA and 401(k) Savings

Here's how the new IRS inflation adjustments will increase the contribution limits for your 401(k) and IRA in the new year.

Kiplinger

Trump Admin Boasts Affordability Wins As Egg Prices Plunge 86%, Housing Costs Fall Nearly 14%, Despite Rising Grocery Inflation

The Donald Trump administration is focusing on lowering the cost of living for Americans, highlighting selective wins in food and housing prices even as broader inflation continues to challenge households.

Benzinga

McDonald’s promoted its new $8 nugget combo meal, then got blasted online with complaints about affordability, quality and service

“Since when is $8 a good price for 10 little nuggets, a hand full of fries and a drink?" one commenter said.

Fortune

Inflation & Politics: What’s President Trump’s Actual Effect on Inflation?

Let's dig a little deeper into how presidents can affect inflation, and what it all means for consumers.

GOBankingRates

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International Business Times UK

'Americans Click, Not Queue': Black Friday Online Sales Hit $8.6 Billion

Americans spent $8.6bn online on Black Friday as cautious shoppers turned to digital deals amid inflation, higher prices and shifting retail habits, Adobe says.

The Independent UK

Photos capture enduring enthusiasm for Black Friday, the biggest shopping day of the year

Black Friday kicked off the holiday shopping season with enthusiasm, despite consumer confidence in the U.S. economy falling this month in the aftermath of the federal government shutdown, weak hiring and stubborn inflation.

Everybody Loves Your Money

The Real Cost of Living in 1990 — And Why It Feels Familiar Again

Remember the early 1990s? Big hair, neon colors, mixtapes, and dial-up internet were the norms, but so was a very different economic landscape. For many, it was a simpler time, at least in terms of cost of living—or was it? When we rewind to 1990, the numbers can surprise you,…

Benzinga

Hassett Emerges As Trump's Top Fed Pick — Here's What A Dovish Shift Could Mean For Markets

Kevin Hassett has emerged as the clear frontrunner to replace Jerome Powell as Federal Reserve chair next May, a shift that could reshape U.S. monetary policy and affect global markets, particularly if Hassett brings a more dovish stance as expected.

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Euronews

Biggest eurozone members see easing inflation except for Germany

Inflation figures from some of the biggest eurozone economies, including France, Spain, and Italy, show no immediate threat of price hikes. However, German inflation figures came in unexpectedly high.

Barchart

S&P Futures Halted Due to CME Outage

December S&P 500 E-Mini futures (ESZ25) were indicated up +0.10% before a technical outage at the Chicago Mercantile Exchange disrupted trading.

We Got This Covered

Trump plunges head into sand, cancels GDP, inflation and job reports, pretends everything’s just peachy

Bad news? Why not just ignore it and hope it goes away?

The Independent UK

The Budget’s stealth tax phenomenon and how much it will cost you

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

Benzinga

JP Morgan, Goldman Sachs Predict Fed Will Cut Rates In December

JP Morgan and Goldman Sachs have realigned their interest rate outlooks, now forecasting that the Federal Reserve will deliver a quarter-point cut after its Dec. 9-10 meeting.

GOBankingRates

Warren Buffett’s 2 Best Investments To Beat Inflation

Here are Buffett's two best investment strategies to protect your money from inflation and help you build lasting financial security.

Barchart

3 Buy-Rated Dividend Aristocrats Easily Beating Inflation

These 3 Dividend Aristocrats Are Quietly Outpacing the 3.2% U.S. Inflation Rate

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