Inflation
Core wholesale prices rose less than expected in September; retail sales gain
Core wholesale prices rose less than expected in September, indicating a potential cooling in pipeline inflation pressures, the Bureau of Labor Statistics reported Tuesday. The producer price index, a measure of what producers get for final demand goods and services, increased a seasonally adjusted 0.3% on the month, in line with the Dow Jones consensus […]
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Singapore inflation climbs for second straight month as October CPI tops estimates
Restaurants and bars in the Boat Quay district in Singapore, on Wednesday, May 17, 2023. Bloomberg | Bloomberg | Getty Images Singapore’s inflation rate climbed for a second straight month, year on year, with price growth in October topping analysts’ expectations. After hitting a four-year low in August, consumer prices rose 1.2%, compared with the […]
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Watch: Trump and New York Mayor-elect Zohran Mamdani meet at White House
New York City Mayor-elect Zohran Mamdani on Friday arrived at the White House to meet with President Donald Trump for a discussion on affordability that could carry high stakes for both men. The Oval Office meeting was requested by Mamdani, the 34-year-old democratic socialist whose stunning triumph in the mayoral race over former New York […]
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Japan’s core inflation in October rises to a 3-month high, supporting the case for rate hikes
Customers check out vegetables and other groceries at a supermarket in Tokyo on June 20, 2025. Kazuhiro Nogi | Afp | Getty Images Japan’s core inflation in October rose at its sharpest rate since July, in line with market estimates on Friday, supporting the case for interest rate hikes by the Bank of Japan. Core […]
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Fed minutes show divide over October rate cut and cast doubt about December
Key Points While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook for December, with officials expressing skepticism about the need for an additional cut that markets had been widely anticipating, with “many” saying that no more cuts are needed at least […]
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AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says
Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the […]
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India inflation cools more than expected in October, boosting hopes for further rate cuts
A man pushes a trolley inside a supermarket in Mumbai, India, on September 7, 2025. (Photo by Indranil Aditya/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s consumer inflation cooled to 0.25% in October, strengthening hopes of more policy easing by the Reserve Bank of India. The headline inflation number was below estimates […]
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China consumer prices return to growth in October, producer price slump extends to three years
A store in a shopping mall in Beijing on Aug. 7, 2024. Pedro Pardo | Afp | Getty Images Deflation pressures in China alleviated in October, as consumer prices returned to growth after falling for two straight months, though producer prices extended their slump to three years as the world’s second largest economy suffers from […]
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Japan’s declining real wages upend Prime Minister Takaichi’s ‘Abenomics’ as inflation shrinks wallets
Japan’s Prime Minister Sanae Takaichi answers questions from Yoshihiko Noda, leader of the main opposition Constitutional Democratic Party of Japan (CDP), regarding her policy speech at the House of Representatives of the National Diet in Tokyo on November 4, 2025. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images) Kazuhiro Nogi […]
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Voters express frustration with Trump’s handling of economy, NBC News poll shows
Jasondoiy | E+ | Getty Images A recent NBC News poll showed growing frustration among Americans regarding President Donald Trump’s handling of the economy less than a year after entering office. In a poll of 1,000 voters taken between Oct. 25-28, 63% said Trump had fallen short of expectations regarding the economy. Separately, 65% said […]
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