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November CPI: Consumer inflation slows to 2.7% below forecasts
The Bureau of Labor Statistics reported Thursday a 2.7% annual CPI increase last month short of the 3.1% projected by Wall Street.
India's Parliament approves bill to open civil nuclear power sector to private firms
India’s Parliament approved new legislation Thursday that enables opening the tightly controlled civil nuclear power sector to private companies. The government termed it a major policy shift to
Inflation falls to 2.7% as lighter housing and food increases offset a surge in electricity
Inflation in November fell to 2.7%,the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face.
Adults 60 and older reported losing $2.4 billion to fraud in 2024
One disturbing scam involves crooks who impersonate officials to convince consumers that they must withdraw money from accounts to protect it.
Palmer Luckey told you so
Palmer Luckey recently launched what might be his most ambitious endeavor yet. He's calling it his "I told you so tour." On his raucous, relentless, revenge roadshow, the memelord weapons
US says price increases eased last month but data may be distorted and Americans aren't feeling it
U.S. inflation slowed unexpectedly last month according to data that was delayed, and likely distorted, by the government shutdown. The Labor Department reported Thursday that its consumer price
Fed chair contender Christopher Waller says weak jobs data is strengthening the case for more rate cuts: 'AI is stalling hiring'
Diane Brady breaks down new comments from Fed governor Christopher Waller. The big story: BP hires Big Oil’s first female CEO, its fourth chief in six years. Good morning. I was at the Yale CEO
US jobless claim applications fell by 13,000 last week as layoffs remain low
U.S. applications for unemployment benefits fell by 13,000 last week, remaining in the same historically healthy range of the past few years even as concerns grow about the health of the labor market.
Oracle's fall from grace has made it the poster child for AI-bubble excess
Investors were so fired up about Oracle's AI guidance that they sent shares soaring as much as 43% that day. The company was briefly more valuable than JPMorgan. Larry Ellison overtook Elon Musk as
How a top-tier surrogacy agency became an FBI target
The FBI is investigating a surrogacy agency in Washington state that shut down suddenly, leaving intended parents out of thousands of dollars and surrogates without compensation.
Modest but steady economic growth likely means no interest rate cut for Europe
Signs of a modest economic upswing in Europe will likely let the European Central Bank keep interest rates unchanged Thursday for a fourth straight meeting. President Christine Lagarde has said at
Inflation remained elevated in November as Fed considers pausing interest rate cuts
The Bureau of Labor Statistics released the November consumer price index which showed that CPI inflation remained well above the Federal Reserve's 2% target rate.
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