Outsize Profits Helped Drive Inflation. Now Consumers Are Pushing Back.

[ad_1] Extraordinary corporate profits were a driving force in last year’s surge in inflation, a pressure that is now easing rapidly as customers push back.  Across industries and regions, there…

Australia’s Monthly Inflation Rate Undershoots Expectations

[ad_1] SYDNEY—Australia’s monthly inflation indicator came in well below expectations in October, offering some assurance that price pressures are easing across the economy after a spike up in the third…

Canada Inflation Continues to Ease to 3.1% in October

[ad_1] Updated Nov. 21, 2023 9:02 am ET OTTAWA—Inflation in Canada again cooled in October as prices at the pump dropped, adding weight to expectations that the central bank’s aggressive…

The Global Fight Against Inflation Has Turned a Corner

[ad_1] Updated Nov. 16, 2023 9:24 am ET Inflation is falling faster than expected across advanced economies, marking a turning point in central banks’ two-year battle against surging prices.  Declines…

Rent Hikes of 2021 and 2022 to Boost CPI Into 2026

[ad_1] Inflation is edging back toward pre-pandemic rates in the US, but rent inflation still has a long way to go. To put it into numbers, the all-items consumer price…

U.K. Inflation Drops Sharply, Likely Ending Rate Hikes

[ad_1] Updated Nov. 15, 2023 5:44 am ET LONDON—The U.K.’s annual rate of inflation fell more sharply than expected in October as household energy prices tumbled, the latest sign that…

S&P 500 Up 2% as Yields Tumble After CPI Surprise: Markets Wrap

[ad_1] Stock Market Today: Dow, S&P Live Updates for November 14  Bloomberg [ad_2] Source link

Glencore Finally Does a Deal With Teck: The London Rush

[ad_1] Hi, I’m Gabi from Bloomberg’s UK breaking news team, bringing you the latest corporate updates making waves this morning. Commodities giant Glencore finally clinched a deal with Teck Resources,…

What to Watch in the CPI Report: Did Inflation Heat Up or Cool Down Last Month?

[ad_1] Americans paid less for gasoline last month, helping keep inflation in check, but underlying price pressures remained steady in October, analysts estimate. Such an outcome would leave inflation elevated…

Business Travel Won’t Rescue the Airlines

[ad_1] Industrial Strength: Business Travel Won’t Rescue the Airlines  Bloomberg [ad_2] Source link