Business & Economy
The policymaker expressed concern about the latest inflation data, telling CNBC that the central bank likely will need to take action.
The cost of doing business in the US is getting increasingly pricier: Wholesale-level inflation accelerated last month to its highest rate in nearly four years, Bureau of Labor Statistics data showed Friday.
This week’s indicators: Inflation is disturbing, workers are getting their stolen wages back, and NVIDIA ex-CEO’s alleged affairs become a $465 billion business expense. (Woof!)Fact-checking by Tyler Jones.Your Next Listen –The tower of NVIDIA–Over 2,000 episodes in our archive on the NPR AppConnect with The Indicator from Planet Money–The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop!Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.
Business & Economy
The most recent inflation reading for October had beaten expectations, coming in at 0.4% for the month.
Business & Economy
Property prices are falling faster than ever but bond markets and bold contrarian buyers are already eyeing the turn.
Business & Economy
Treasury yields rose as bond markets reopened following Veterans Day.
Subsidies for household batteries and EVs could be pared back further, although no final decisions have been made and either may still be untouched.
The CEOs of two of the nation’s largest banks say less government spending will reduce inflationary pressure.
Property & Real Estate
After falling for a month, mortgage rates jumped sharply higher on a hotter-than-expected inflation report.
Business & Economy
The consumer price index rose more than expected in October, raising alarm among Federal Reserve officials.
Barcelona. Clashes have occurred between masked groups and police in Barcelona after Spain called its first general strike in 14 years against the housing crisis and rising inflation. Tension aros...
Wall Street hit the brakes as higher-than-expected inflation looks to have cemented a December rate hike, while the ASX is priced to slide as well. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The CEOs of two of the nation’s largest banks say less government spending will reduce inflationary pressure.
Business & Economy
To limit the inflationary and interest rate impact, governments should be cutting unproductive spending to make space for the private sector’s AI splurge
Australia & Pacific
Economists do not expect take-home pay to recover to pre-pandemic levels until 2034, with inflation remaining high and productivity failing to lift.
Business & Economy
The lowest Aussie in seven months could lead to more expensive imports, stoking further price rises to make the central bank’s job harder.
Subsidies for household batteries and EVs could be pared back further, although no final decisions have been made and either may still be untouched.
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.