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The Latest Breaking News from CPI

How would rent caps work in Australia and how might they affect affordability?

Advocates call for price controls to provide cost-of-living relief, while investors argue they will cause a drop in supply

The Guardian - AU

US core CPI tops estimates, pressuring Fed as it weighs hike

Underlying U.S. consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmoil in their next interest-rate decision.

Tribune News Service

Historic visitor center at Mesa Verde National Park leads list of endangered places

Built in 1967 and opened to the public in 1970, the Far View Visitor Center at Mesa Verde National Park told the story of the Ancestral Pueblo people for more than four decades. Now the building, which closed in 2012, has the potential to tell a newer story: its own.

The Denver Post

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Trouble in paradise: corruption in the Caribbean has become normalised

The focus is often on rich countries when it comes to corruption initiatives but the situation is so embedded in these islands that it demands greater attention

The Guardian - UK

US inflation showed signs of slowing down in January

In the 12 months through January, the CPI increased 6.4%

The Independent UK

Fade The CPI Inflation Report; Here's What Matters To The Fed, S&P 500

CPI hits and misses touched off big S&P 500 rallies and sell-offs last year, but the inflation index has serious shortcomings.

Investors Business Daily

Graft is still pervasive

Thailand's latest Corruption Perceptions Index (CPI) score saw it "improve" by nine places to 101st out of 180 countries. However, despite the positive trajectory, it is too soon to start celebrating just yet.

Bangkok Post

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Sub-Saharan Africa Ranked As Most Corrupt Region In The World

Concerns regarding corruption across the world have arisen after Transparency International published their analysis of 2022

Zenger

UK slides in corruption perception index after series of political scandals

The UK has fallen down Transparency International’s corruption perceptions index (CPI) after a year of high-profile government scandals.

The Conversation

Australia lifts ranking on global anti-corruption index after hitting record low

Improvement attributed to new anti-corruption commission, but Transparency International warns more whistleblower protections are needed

The Guardian - AU

Revealed: Trump secretly donated $1m to discredited Arizona election ‘audit’

Funding for controversial review of state’s vote count in 2020 election can be traced to former president’s Pac

The Guardian - US

Understanding the CPI: this metric can help you make better money decisions

The December CPI showed signs inflation is slowing down. Here’s how the CPI works and how it can help you make smarter decisions about your money

Fortune

US inflation cools again, putting Fed on track to downshift

U.S. inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes.

Tribune News Service

Dow Jones Futures Rise Ahead Of CPI Inflation Report; U.S.Airline Flights Grounded

Futures: The S&P 500 is back above its 50-day, but the CPI inflation report looms. An FAA glitch grounded U.S. domestic flights Wednesday morning.

Investors Business Daily

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Axios

Butter, eggnog, ham and other Christmas fixings cost more this year with inflation

It's not just everyday food like eggs that have higher prices. Items for your Christmas meal also cost more.

Axios

D.C.'s emerging MAGA machine shapes Trump administration-in-waiting

No such apparatus devoted to Trump's political brand existed in 2017.

Salon

Leaked Meadows texts show GOP Jan 6 plot

Talking Points Memo publishes massive trove of Meadows' texts with at least 34 Republican lawmakers

Investors Business Daily

Fade The CPI; This New Fed Inflation Chart Is Key For S&P 500

The Fed has a favorite new core inflation chart. While soft CPI data may lift the S&P 500, it may not avert a hawkish surprise a day later.

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news in one place.

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Glasgow Live

Paisley welcomes new £88m one-of-a-kind medicines centre creating 100 jobs

A new centre combining innovative technology and ground-breaking ideas in pharmaceuticals has opened in Paisley, creating 100 high-end jobs and is expected to generate an additional £200m investment in the next five years.

Insider UK

New medicine manufacturing centre brings 100 jobs to Renfrewshire

The centre is forecast to generate £200m in technology investment during the first five years

StockNews.com

Inflation…How Low Can You Go?

The October CPI came in below expectations and fueled an explosive rally on Wall Street with the S&P 500 (SPY) up by more than 4% and bonds also shooting higher. In essence, the odds of a soft landing increase if inflation can turn lower and then keep moving lower. This…

The New Daily

Alan Kohler: How to fix the budget – turn back time

Forty years of fiddling has disastrously undermined the tax system for short-term political gain (what a surprise!).

The Street

Why October’s CPI Data Is Key to the Market

Here’s what the consumer price index is and why the market will be paying close attention to the October print.

Benzinga

CPI Shows Rents Are Rising, Zillow Forecasting Drop In 2023; Professor Says Fed's Powell Will 'See The Light'

While consumer price index data in 2022 has been showing rent prices accelerating, Zillow Group Inc.

Crikey

Why house prices are the only prices falling in Australia right now

With the cost of seemingly everything rising, why are house prices falling? And who will be hit hardest?

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Annastacia Palaszczuk

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