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The Latest Breaking News from Inflation

Unions attack 2.8% Government pay rise proposal for NHS workers and teachers

Inflation is predicted to average 2.5% this year and 2.6% next year, according to forecasts from the Office for Budget Responsibility.

Evening Standard

Teachers and nurses warn Rachel Reeves of strike action over 2.8% pay rise proposal

Inflation is predicted to average 2.5% this year and 2.6% next year, according to forecasts from the Office for Budget Responsibility.

The Independent UK

Biden says Trump dismantling ‘strongest economy in modern history’ would be a ‘major mistake’

Biden cautioned Trump against gutting his signature accomplishments and imposing tariffs

The Independent UK

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Canada’s holiday tax break will have winners and losers — here’s what you need to know

The government of Canada has announced its plans for a temporary tax break by exempting GST/HST on certain items during the holiday season from Dec. 14, 2024 to Feb. 15, 2025. The legislation to enact the tax break has cleared the House of Commons and is now awaiting Senate approval.

The Conversation

Ashtead drags on FTSE 100 while US markets quiet ahead of inflation news

The FTSE index lost 71.72 points, or 0.86%, to close at 8,280.36.

The Independent UK

President Biden Seeks To Reshape Economic Legacy Before Exit

President Biden's efforts to redefine his economic legacy amidst inflation concerns and public perception.

Top News

Dow Jones Slides As Inflation Data Looms; Nvidia Rebounds From Key Level

The Dow Jones slid Tuesday as key inflation reports loom later this week. Nvidia stock rebounded from a key support level.

Investors Business Daily

Stock Index Futures Muted as Cautious Mood Prevails Ahead of U.S. Inflation Data

December S&P 500 E-Mini futures (ESZ24) are up +0.03%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.04% this morning after three major U.S. benchmark indices finished the regular session lower as investors grew more cautious ahead of Wednesday’s release of a key U.S. inflation report.

Barchart

Stock Market Today: Stocks edge higher with CPI inflation on deck

Bond markets are likely to be in focus today with the first of three major coupon auctions that will raise around $120 billion for the U.S. Treasury

The Street

Stock Index Futures Muted as Rally Stalls Ahead of U.S. Inflation Data

Barchart

Stock market today: Asian shares mostly higher as Chinese stocks are lifted by latest stimulus

Shares are mostly higher in Asia after a slide for market superstar Nvidia helped pull U.S. stock indexes below their latest records

The Independent UK

One year on: How Javier Milei’s shock measures are reshaping Argentina’s economy

The radical populist hopes to profit from his bromances with Donald Trump and Elon Musk

The Independent UK

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The Guardian - AU

Hopes for a future rate cut improve but RBA leaves interest rates on hold for now

Reserve Bank leaves cash rate at 4.35% for ninth consecutive meeting

Barchart

Stocks Settle Lower Ahead of US Inflation News

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.84%. Stocks on Monday settled lower, with the Dow Jones Industrials posting a 1-1/2 week...

Barchart

Can the Stock Market Offer You Cash for Christmas? Absolutely!

Let's face it: With inflation still above the Federal Reserve's 2% target, everybody could use a little more cash as the holiday season approaches. As traders scramble to find opportunities in this extended bull market, they must look no further than the S&P 500 index during December. Here's why…..

AAP

Rates stay on hold and hope for February cut revived

Long-awaited mortgage relief looks closer as the central bank takes another interest rate hike off the table and lays the groundwork for future cuts.

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Barchart

Stocks Weaken Ahead of US Nov CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is down -0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.65%. Stocks today are under pressure, with the markets awaiting US inflation news this week...

Barchart

Stocks Under Pressure from Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.12%. Stocks today are slightly lower with the markets awaiting US inflation news this week...

The Conversation

A ‘doom loop’ of climate change and geopolitical instability is beginning

It is a common refrain to say that geopolitics gets in the way of climate action. From the war in Ukraine to trade tensions, each year seems to bring another immediate priority that diverts focus from the imperative to act on climate change.

Benzinga

US Stocks On Edge As Investors Await November Inflation Data: Super Micro, Palantir Among Stocks In Focus

US indices slightly down in premarket trading on Mon amid mixed global trade. Key economic indicators & inflation data in focus this week. Tech stocks surged, while energy & healthcare lagged. Strong jobs report boosted market sentiment.

Al Jazeera

Fact-check: Donald Trump’s latest claims on tariffs, murders and more

Trump discussed deportation, birthright citizenship, tariffs, false claims, and pardons for January 6 convicts.

The Street

Stock Market Today: Stocks mixed with inflation data in focus

Markets are looking to defend their solid end-of-year rally amid rising geopolitical risks and a key November inflation report.

Barchart

Stocks Set for Muted Open as Investors Await U.S. Inflation Data

December S&P 500 E-Mini futures (ESZ24) are down -0.10%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.14% this morning as investors looked ahead to the release of U.S. inflation data later in the week, which will be scrutinized by Federal Reserve officials before their final meeting this year.

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