Producer Price Index Shows Inflation Easing In September The index was unchanged while a slight rise was expected International Business Times · Oct 11, 2024
Asian Stocks Mostly Lower, European Markets Open Higher Global markets respond to economic stimuli and data, impacting stocks, oil prices, and currency exchange rates. Top News · Oct 11, 2024
Inside the Fed’s big rate cut decision, where officials were divided more than usual Prior to September, the Fed had not cut rates since March 2020. Fortune · Oct 11, 2024
Famed economist Ed Yardeni's updated his Fed cut prediction to 'none and done' because the inflation battle isn't over "In my scenario rates are pretty comfortable where they are relative to the economy," Yardeni said. Fortune · Oct 11, 2024
S&P Futures Slip Ahead of Key U.S. PPI Data and Big Bank Earnings December S&P 500 E-Mini futures (ESZ24) are trending down -0.32% this morning as market participants awaited crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks. Barchart · Oct 11, 2024
China shares tumble as markets await stimulus news—and Tesla takes a hit Shares in mainland China tumbled as U.S. inflation data clouded hopes for another Fed rate cut and traders awaited Beijing's Saturday briefing on stimulus measures. Fortune · Oct 11, 2024
Inflation-busting council tax rises of 5% may be in Rachel Reeves Budget, top economists warn They also say that increasing employer National Insurance would be a ‘clear breach’ of Labour’s manifesto Evening Standard · Oct 11, 2024
Supermarkets tight-lipped on Tim Tam price discrepancy Australia's major supermarkets say their suppliers are being hit by inflation which is trickling through to prices at the checkout. AAP · Oct 11, 2024
Asian stocks mixed as markets wait for China policy briefing Asian stocks were mixed on Friday as Chinese markets declined amid investors' attention on a key briefing about the details of the upcoming stimulus plan this weekend The Independent UK · Oct 11, 2024
Asian Markets Mixed After Wall St Drop, Shanghai Dips Before Briefing Most Asian markets were mixed Friday as investors digested disappointing US inflation data that further dampened expectations for another bumper interest rate cut next month. International Business Times · Oct 11, 2024
Stock market today: Wall Street retreats from records Traders around the word awaited U.S. inflation data for September—and the implications it will have for rate cuts at the Federal Reserve's November meeting. Fortune · Oct 10, 2024
Stock Market Today: Markets Slip on Hot Inflation Print, Layoff News Economic data continues to complicate expectations for Federal Reserve rate cuts. Kiplinger · Oct 10, 2024
US inflation rate fell to 2.4% in September − here’s what that means for interest rates and markets It wasn’t that long ago that the Federal Reserve, the central bank for the United States, was worrying that annual inflation would surpass 9% in the middle of 2022. The U.S. economy hadn’t seen prices rise that fast since the 1980s, and most everyone feared that a series of interest… The Conversation · Oct 10, 2024
Social Security COLA For 2025 Increases Payments For 72 Million Americans By 2.5%, Lowest In Years The Social Security Administration's 2.5% COLA hike for 2025 will increase the monthly income of retired workers by an average of $50 and $100 for widowed mothers with two children. International Business Times UK · Oct 10, 2024
Top News · Oct 10, 2024 US Inflation Drops To Lowest Level In Three Years US inflation decreases to 2.4% in September, impacting core prices and economic growth. Job market shows improvement, influencing the presidential campaign.
Kiplinger · Oct 10, 2024 CPI Report Points to Gradual Pace for Rate Cuts: What the Experts Are Saying Inflation surprised to the upside last month but the disinflation trend remains on track.
International Business Times · Oct 10, 2024 Here's How Much Social Security Checks Are Going Up Next Year The cost-of-living adjustments are tied to the rate of inflation as measured by the Bureau of Labor Statistics
Barchart · Oct 10, 2024 Stocks Fall on Sticky US Inflation Pressures The S&P 500 Index ($SPX ) (SPY ) today is down by -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.37%. Stocks today are moderately lower after US Sep consumer prices rose...
Fortune · Oct 10, 2024 Social Security recipients will get smallest cost-of-living adjustment in years in 2025 After years of high inflation, the COLA is coming back down to earth.
The Independent UK · Oct 10, 2024 Why Donald Trump keeps talking about bacon – and what he got wrong The former president got his maths wrong, but there is a price increase
International Business Times · Oct 10, 2024 US Consumer Inflation Eases To 2.4% In September US consumer inflation cooled slightly less than expected last month, according to government data published Thursday, providing further evidence that price pressures are easing ahead of November's presidential election.
Barchart · Oct 10, 2024 Stocks Muted Before the Open With U.S. Inflation Data in Focus December S&P 500 E-Mini futures (ESZ24) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.23% this morning as investors refrained from making any big bets ahead of a key U.S. inflation report that could offer clues on the Federal Reserve’s policy path.
International Business Times · Oct 10, 2024 German MP Joana Cotar Talks 'Freedom Currency' Bitcoin, Its Ability To 'Transform A Nation' German MP Joana Cotar is pro-Bitcoin, and on Wednesday, she talked about how she came to support the $BTC community as the digital currency's core is something dear to her heart: freedom.
AAP · Oct 10, 2024 Aussie shares hit 10-day high as traders mull Rio deal The ASX200 has risen 0.4 per cent, with Arcadium Lithium soaring 39 per cent after the lithium company agreed to be bought by Rio Tinto for $10 billion.
The Guardian - AU · Oct 10, 2024 Global petrol price spike due to Middle East conflict to hit Australian motorists, Jim Chalmers warns ‘Rule of thumb’ is Australia’s inflation rises 0.4% when a 10% increase to crude oil price lasts a year