Inflation Ended 2025 on Subdued Note
Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates. Source link
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JPMorgan Made Less Money Last Year, Facing Pressure on Multiple Fronts
The nation’s largest bank earned $57 billion in 2025, and Jamie Dimon, its chief executive, said “the benefits of deregulation” would help in the future. Source link
CPI Report Shows Food Prices Rose Sharply in December
Beef, coffee and produce are among the items that have gotten more expensive recently, inflation data on Tuesday showed. Source link
Gourmet Magazine Is Back. It’s Not Exactly Sanctioned.
The defunct food publication is re-emerging as a newsletter, with new leadership and zero approval from its original owner. Source link
The Powell Defense Grows
Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader. Source link
Why haven’t tariffs had a bigger impact on prices?
Why haven’t tariffs had a bigger impact on prices? Source link
Global Central Bankers Express Support for Fed Chair After Criminal Investigation
The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States. Source link
‘We Need to Be the News’: Inside Bari Weiss’s Bumpy Revamp at CBS
Her reimagining of “CBS Evening News” is under heavy scrutiny, and even became a punchline on her own network on Sunday at the Golden Globes. Source link