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The water security of the millions of people who live in the foothills of the Andes is also at risk. To date, Aucca Chutas says the initiative has planted more than 10 million trees across the region, with the help of thousands of indigenous families. Constantino Aucca Chutas walks up a mountain with members of the local community to plant trees. In previous years, the community has planted as many as 100,000 trees in a single day, using a process of propagation, where root cuttings are planted. Aucca Chutas says that it is important to only plant local species as they have found that polylepis trees vary between regions and altitudes.

Persons: Constantino Aucca Chutas, They’re, “ I’m, ”, ” Constantino Aucca Chutas, Acción Andina, Aucca Chutas, “, Queuña, Pachamama, Aucca, Acción, Prince William’s Earthshot, Queuña Raymi, Elizabeth Mrema Organizations: CNN, Initiative, Rolex, pumas, Global, Generation, condor, puma, UN, Programme Locations: Peruvian, Peru, Ecuador, Argentina, Bolivia, Chile, Colombia, Cusco

Coffee lovers and café dwellers are likely to see the price of a cup of joe increase soon, experts warn. The price of arabica coffee beans, the high-quality beans found in most restaurants and shops, spiked this month, recently jumping to $3.50 a pound. A pile of coffee beans during harvest at a plantation in Minas Gerais state near Guaxupe, Brazil, on June 13, 2016. 1 factor on the increase and change in prices in the coffee market. “People are very reactive to coffee prices, and this affects everyone down the chain.

Persons: Patricia Monteiro, “ We’ve, ”, David Ortega, Ortega, “ We’re, ” Ortega, Jackie Newman, Newman, ” Newman, “ Organizations: Bloomberg, Getty, Michigan State University, Coffee Inc, “ Locations: Minas Gerais, Guaxupe, Brazil, Vietnam, Europe, Valencia, Spain, California

WASHINGTON — Top Republicans are divided over the best strategy to advance core components of President-elect Donald Trump’s agenda when the party gains a slim majority in Congress next year. “My goal is to make sure we’re successful on making sure Trump’s tax cuts are made permanent and extended. I have tax cuts. “We should be doing the biggest reconciliation package you possibly can conceive of the first time around. I’m not sure you even get the second reconciliation package,” Biggs told NBC News on Tuesday.

Persons: Donald Trump’s, Jason Smith, Smith, ” Smith, I’ve, John Thune, ” Thune, ”, “ We’ve, Mike Johnson, Trump, Johnson, Trump's, we’re, we’ll, Kristen Welker, “, Stephen Miller, Russell Vought, Matt Gaetz, Elise Stefanik, Mike Waltz, Corralling, Warren Davidson, Andy Biggs, he’s, I’m, ” Biggs, Biggs, James Comer, Tim Walberg, Jason, ” Walberg, Greg Murphy, Biden, ” Murphy Organizations: WASHINGTON —, Trump, Republicans, Democratic, GOP, “, NBC News, Army - Navy, Republican, NBC, Press, White, Management, First, Conservative, Energy, Commerce, ” Locations: Florida, New York, Ohio, Arizona, ”, Ky

☆ We've visited the Smoky Mountains every winter for 15 years. It's the perfect spot for a fun, scenic vacation in the US.
▼ + stars: | 2024-12-11 | by ( Carly Caramanna | ) www.businessinsider.com time to read: +5 min

I've visited the Smoky Mountains with my husband every winter for the past 15 years. About 15 years ago, I moved to Nashville and was excited to learn that it was located just a short drive away from Tennessee's Smoky Mountains. Carly CaramannaWhen we visit the Smoky Mountains, we typically stay in Pigeon Forge or Gatlinburg, the two main tourist towns in the area. Breakfast is also a huge deal in the Smoky Mountains. Visiting the Smoky Mountains has become my favorite winter traditionOf course, I must mention how all of these experiences are set against the stunning backdrop of the Smoky Mountains.

Persons: I've, it's, Carly Caramanna, Carly Caramanna I've, Dolly Parton, There's, I'm, Ole Organizations: Brewery, Titanic Museum, Titanic, Downtown Disney, Hallmark, East Tennessee Locations: Smoky, Nashville, New York, Pigeon Forge, Gatlinburg, Pigeon, East

☆ Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
▼ + stars: | 2024-12-11 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the US on Tuesday accusing them of designing and marketing “ultra-processed” foods to be addictive to children, causing chronic disease. His lawyers at the firm Morgan & Morgan, a major US plaintiffs’ firm, described the case as the first of its kind. The other companies being sued are Post Holdings, PepsiCo, General Mills, Nestle’s US arm, WK Kellogg, Mars, Kellanova and Conagra. Current U.S. Food and Drug Administration Commissioner Robert Califf has said that ultra-processed foods are likely addictive. Martinez’s lawsuit alleges that the food companies have long known their products are harmful and deliberately engineered them to be as addictive as possible.

Persons: Kraft Heinz, Mondelez, Bryce Martinez, Morgan, General Mills, WK Kellogg, Sarah Gallo, “, Robert Califf, Robert F, Kennedy Jr, Donald Trump’s, Philip Morris, R.J, Reynolds Organizations: Reuters, Post Holdings, PepsiCo, General, Consumer Brands Association, U.S . Food, Drug, U.S . Department of Health, Human Services, FDA Locations: Philadelphia, Pennsylvania, Mars

☆ A Santa Claus rally may soon be coming to town — why it happens and what it means for investors like us
▼ + stars: | 2024-12-11 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

At the end of the year, we start hearing about the Santa Claus rally and tax-loss harvesting. The so-called Santa Claus rally refers to a seasonal pattern that takes place in the final five trading days of the year and the first two of the new year. This time around, the Santa Claus window covers Dec. 24 and then Dec. 26-31, followed by Jan. 2-3. However, if we think about what happens before and after the Santa Claus rally, we can gain some understanding of why it might occur. Here we see another reason as to why tax harvesting may be better done toward the beginning of December — the wash rule.

Persons: Jim Cramer, Santa Claus, Jan, it's, —, Club —, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Santa, Club, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: Santa, Santa Claus, New York City, U.S

Below, we've compiled everything you need to know about how to watch the Hallmark Channel without cable. PhiloPhilo is one of the cheapest ways to live stream the Hallmark Channel. At $28 a month, the streaming service carries the Hallmark Channel and 70+ other live channels, including AMC, the Paramount Network, and MTV. Check price at PhiloSling TV w/ Lifestyle ExtraSling TV is another relatively affordable live TV streaming option. Check price at SlingFuboFubo carries the Hallmark Channel and more than 185+ other live channels.

Persons: you've, we've, Philo Philo, Philo Organizations: Business, Hallmark, Hallmark Channel, AMC, Paramount Network, MTV, ESPN, NBC, ABC, CBS, FOX, NBA, NHL, MLB, DirecTV, DirecTV Stream Locations: Chesapeake Shores

☆ European Central Bank heads for last rate cut of year — but jumbo move seems off the table
▼ + stars: | 2024-12-11 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The European Central Bank is heading for its final interest rate cut of the year on Thursday — and while the institution is expected to stick to a quarter rather than half-percentage-point trim, economists forecast that a faster pace of monetary loosening lies ahead. It will still be a crucial meeting to set guidance for the year ahead, not least because ECB staff will release their quarterly macroeconomic projections on growth and inflation. The bloc's central bank has so far lowered its key rate from 4% to 3.25% this year across three 25-basis-point increments between June and October. Money market pricing now suggests little chance of a jumbo trim. The euro zone economy meanwhile grew at its fastest pace in two years in the third quarter, albeit only at a rate of 0.4%.

Persons: Donald Trump's Organizations: European Central Bank, ECB, White, CNBC

☆ Sean ‘Diddy’ Combs accuser speaks out for the first time on his sexual assault allegations: ‘I felt powerless’
▼ + stars: | 2024-12-11 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +5 min

“The full gravity of it lives with me to this day,” Doe told CNN in an interview conducted at his home in New Jersey. Inside the vehicle, Doe claims Combs held him down – despite his pleas for help – and sodomized him. In his lawsuit, Doe is seeking compensatory and punitive damages. Speaking to CNN, he said that he was never asked to work for the security firm again, after reporting his alleged abuse by Combs. His marriage also ended as a result of the alleged abuse, he said, because of the trauma he endured that has negatively impacted his relationships.

Persons: John Doe, Sean “ Diddy ” Combs, Doe, Combs, –, ” Doe, Doe “, “, ‘, ’ ” Doe, …, Mr, ”, Tony Buzbee, Andrew Van Arsdale Organizations: CNN, White, Hamptons Locations: New Jersey, East Hampton , New York, St . Tropez

☆ Today's rally was celebration of pro-corporate regulator, says Jim Cramer
▼ + stars: | 2024-12-11 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailToday's rally was celebration of pro-corporate regulator, says Jim Cramer'Mad Money' host Jim Cramer looks at Big Tech's record day and talks what is behind the move higher.

Persons: Jim Cramer

☆ Google unveils the next generation of its large language model, Gemini 2.0
▼ + stars: | 2024-12-11 | by ( Deirdre Bosa | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle unveils the next generation of its large language model, Gemini 2.0CNBC's Deirdre Bosa reports on the latest news from Google.

Persons: Deirdre Bosa Organizations: Google

As for the National Guard, she had already deployed a significant contingent of guardsmen – but not to the flooded area. Kristi Noem, governor of South Dakota, speaks during the Republican National Convention in Milwaukee on July 15, 2024. South Dakota produced about 8.3 million tons of milk in 2023, according to the US Department of Agriculture. And US citizens, he said, “don’t want to do that work.”Video Ad Feedback "We will not have food:" Why South Dakota farmer believes Gov. Moes said he supported Noem sending South Dakota’s National Guard to the border, and he sides with Trump’s promises to restrict immigration.

Persons: Shelly Lewis, Lewis, Kristi Noem, Donald Trump’s, Noem, ”, MAGA, Trump, Will Lanzoni, Adriel Orozco, “, Dakotans, Greg Moes, Morgan Speichinger, Speichinger’s, Rebecca S, Gratz, ” Noem, Kim Reynolds, Joe Biden, Stephen Groves, Dennis Johnson, Renae Hansen –, –, ” Hansen, ” ‘, Kristine Noem, CNN “ She’s, ” Boyd Gourneau, Gourneau, We’ve, Roberto Lange, Biden, wasn’t, Lange, ” Gourneau, they’re, “ She’s, Kristi Noem’s, Janet Alkire, CNN it’s, Moes, Marv Post, Scott VanderWal, ” VanderWal, It’s, Tom Homan, Stephen Miller, Orozco, “ they’ll, CNN’s McKenna Ewen, Jeremy Harlan, Anna, Maja Rappard Organizations: CNN, National Guard, Republican, Texas, Trump, of Homeland Security, DHS, Transportation Security Administration, Coast Guard, Republican National Convention, Republican Party, American Immigration Council, Washington Post, South Dakota Searchlight, Disaster Fund, Republican Gov, Guard, Homeland Security, Federal Emergency Management Agency, Oglala Sioux Tribe, San Diego, Oglala Sioux, Guardian, Lower Brule Sioux Tribe, Sioux, South Dakota Dairy Producers Association, US Department of Agriculture, US Department of Agriculture . South Dakota Farm Bureau, South Dakota’s National Guard, ”, Customs Locations: South Dakota, McCook, Mexico, Noem, Milwaukee, cahoots, Tennessee, North Sioux City , South Dakota, Texas, Iowa, McAllen , Texas, Brule, Lower Brule Sioux, South, South Dakota’s, Lower Brule, Crow, Los Angeles, San, Oglala, Hamlin County, Traverse, “, Goodwin , South Dakota, US Department of Agriculture . South, Dakota

☆ 9 Christmas traditions in England that probably confuse Americans
▼ + stars: | 2024-12-11 | by ( Ann Schmidt | ) www.businessinsider.com time to read: +7 min

There are some Christmas traditions in England that might confuse people from the US. Christmas pudding, a popular holiday dessert in the UK, is probably unfamiliar to most Americans. Richard Stonehouse/ Getty ImagesIn the UK, you're likely to hear "Happy Christmas" instead of "Merry Christmas," and "Father Christmas" instead of "Santa Claus." Gideon Mendel/Corbis/Getty ImagesOne of the more confusing British holiday traditions (for Americans at least) is pantomime, which are over-the-top musical comedies based on famous fairy tales. Daniel Kaesler / EyeEm / Getty ImagesAnother difference between US and UK Christmas customs comes after all of the festivities have ended.

Persons: Richard Stonehouse, Gideon Mendel, Corbis, John Lewis, Sainsbury, they're, it's, Queen Elizabeth II, King Charles III, Jonathan Brady, King George V, Daniel Kaesler, Jesus, Read Organizations: BBC America, Tesco, Pops, BBC, Buckingham Palace Locations: England, United States, United Kingdom, Santa Claus, British, Singapore, South Africa, Buckingham

☆ Macron will remain in 'centrist chaos' for rest of term, says professor
▼ + stars: | 2024-12-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacron will remain in 'centrist chaos' for rest of term, says professorDouglas Yates, a professor at the American Graduate School in Paris, discusses the ongoing challenges facing French President Emmanuel Macron in appointing a new prime minister.

Persons: Douglas Yates, Emmanuel Macron Organizations: American Graduate School Locations: Paris

☆ Progressive lawmakers say the reaction to the UHC CEO killing is a 'wake-up call'
▼ + stars: | 2024-12-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

The UHC CEO killing has led to an outpouring of frustration toward the healthcare industry. Some progressive Democrats on Capitol Hill say it's the "right time" to talk about it. "I think for people who are surprised, it's a wake-up call," said Rep. Ocasio-Cortez. In the wake of the shooting of United Healthcare CEO Brian Thompson, some progressive lawmakers are acknowledging the frustration that many Americans feel toward the healthcare system. AdvertisementIn his view, it's simple enough to talk about the healthcare industry while not making excuses for the alleged murder.

Persons: Brian Thompson, Alexandria Ocasio, Cortez, Luigi Mangione, Maxwell Frost of Florida, Democratic Sen, Elizabeth Warren of, HuffPost, Sen, Bernie Sanders, Nobody, Chris Murphy, John Fetterman of, Mangione, you've, Ro Khanna, Khanna Organizations: Capitol, United Healthcare, Democratic, Cortez of New York, Vermont, Democrats, Connecticut, NBC News, California Locations: Cortez, Alexandria, Cortez of New, Elizabeth Warren of Massachusetts, John Fetterman of Pennsylvania

☆ Inside Art Basel Miami Beach: 22 photos show some of the best exhibitions and celebrations from the annual event
▼ + stars: | 2024-12-11 | by ( Brea Cubit | ) www.businessinsider.com time to read: +2 min

I attended Art Basel Miami Beach for the first time from December 6 to 8. This article is part of BI's 2024 Art Basel series, taking you inside the art fair's global scene. Based on my research, I knew that Art Basel Miami Beach would be equal parts exciting and overwhelming. Bridget Finn, the director of Art Basel Miami Beach, previously told me that she believes this event is "often the platform where new trends in art appear." From cool installations to lively social gatherings, here are some of the top highlights from my weekend at Art Basel Miami Beach.

Persons: Bridget Finn Organizations: Art Basel Miami Beach, Business, Service, Miami Beach Convention Locations: Basel, Miami

☆ Democratic governors quietly prep extensive plans to counter Trump
▼ + stars: | 2024-12-11 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Since long before the election, they’ve been poring through Project 2025 — it’s helpful, several Democratic governors told CNN, to have a blueprint in public. Laura Kelly, the chair of the Democratic Governors Association. Plans for Trump underway for monthsMany Democratic governors had been working on plans well before even President Joe Biden dropped out of the presidential race and Vice President Kamala Harris became their party nominee. They’re coming to this weathered with the experience from the first Trump term. Michigan Gov.

Persons: Donald Trump’s, they’ve, They’ve, ”, Laura Kelly, JB Pritzker, postelection, Jared Polis, Pritzker, Joe Biden, Kamala Harris, they’re, Trump, Emmanuel Macron’s, hasn’t, Gretchen Whitmer, Mike Pence, weren’t, Rebecca Wright, Whitmer, Donald Trump, ” Whitmer, I’ve, we’ll, Tim Walz, Harris ’, “, Kathy Hochul, ” Hochul, Matt Meyer, Beverly Hilton, Richard Nixon, Nixon, ” — Walz, he’d, Martin O’Malley, Austin Steele, Gavin Newsom, Andy Beshear, Josh Shapiro, Wes Moore, Jay Inslee, Trump’s, —, Lindsey Wasson, Inslee, Bob Ferguson, ’, ” Inslee Organizations: Los Angeles CNN —, Democratic, CNN, Trump, White House, National Guard, showdowns, Kansas Gov, Democratic Governors Association, Illinois Gov, Colorado Gov, Senate, White, Notre Dame, Mar, Michigan Gov, Convention, United Center, Michigan, Biden, Gov, Penn, New Yorker, Delaware Gov, Beverly, Golden Globes, Former Maryland Gov, Democratic National Committee, Minnesota Gov, Howard University, Kentucky Gov, Maryland Gov, Democratic Party, Washington Gov Locations: Kansas, Indiana, Illinois, Covid, Michigan, Chicago, Los Angeles, —, Minnesota, York, New, Delaware, Washington ,, California, Polis , Pennsylvania, Seattle, Washington, Pearl

☆ Former top Biden aide slams Hunter Biden pardon rollout strategy
▼ + stars: | 2024-12-11 | by ( Samantha Waldenberg | Betsy Klein | ) edition.cnn.com time to read: +3 min

Washington CNN —One of President Joe Biden’s former top communications advisers ravaged the president’s messaging rollout strategy around his decision to pardon his son, Hunter Biden, lambasting the situation as “exceptionally poor timing” in a major public rebuke of her former boss. Dunn was a deeply loyal aide with a big-picture view of Biden’s strategy – with a hand in nearly all aspects of his political life. The president has said he made the decision over the Thanksgiving holiday weekend while with family in Nantucket. A new CNN/SSRS poll released on Wednesday shows that just one-third of Americans (32%) approve of the president’s decision to pardon his son, while 68% disapprove. The White House has defended Biden’s decision, with press secretary Karine Jean-Pierre arguing that President-elect Donald Trump would not slow down in pursuit of bringing charges against Hunter Biden in the future.

Persons: Joe Biden’s, Hunter Biden, “, Kash Patel, ’, Anita Dunn, Maggie Haberman, Dunn, Biden, Kamala Harris, ” Dunn, Hunter Biden’s, ”, Karine Jean, Pierre, Donald Trump, ” Jean Organizations: Washington CNN, CNN, New York Times, Biden, White Locations: Nantucket

☆ Watch Wednesday's full episode of the Halftime Report — December 11, 2024
▼ + stars: | 2024-12-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — December 11, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ ETFs cross $1 trillion of inflows in 2024, extending record year
▼ + stars: | 2024-12-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: 1 min

New York City was hit by the first snow of the season on November 15, 2018. A record year for the exchange traded fund industry recently crossed another milestone, surpassing $1 trillion of total inflows for the first time, according to research firm ETFGI and the Investment Company Institute. The fund that has enjoyed the biggest demand this year is the Vanguard S&P 500 ETF (VOO) , which has raked in roughly $100 billion, according to FactSet. The fastest-growing new fund is the iShares Bitcoin Trust (IBIT), which has attracted more than $34 billion since its launch in January.

Organizations: Investment Company Institute, Vanguard Locations: York City

☆ Rocket Lab's CEO says being paranoid at work is his superpower — but it can come at a huge cost
▼ + stars: | 2024-12-11 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Rocket Lab CEO Peter Beck views paranoia as a leadership superpower. Experts warn Beck's mindset may lead to burnout and a toxic work environment. AdvertisementThe founder and CEO of the aerospace company Rocket Lab told CNBC in an interview that going home and sleeping soundly every night "just doesn't seem a tangible possibility." "Rocket Lab will never have the capital that Jeff and Elon have," Beck told Bloomberg News in an interview. Lamb told BI that leaders who are always anxious about the next misstep may lose sight of their own well-being.

Persons: Peter Beck, Peter Beck doesn't, Heather Lamb, Beck, Elon Musk, Jeff Bezos, Elon, you've, Edel Holliday, Quinn, Breese Annable, Lamb, Annable, Holliday Organizations: Rocket, Rocket Lab, CNBC, Forbes, Elon, SpaceX, Jeff, Bloomberg News, Citi

☆ Greece's ghost towns offer a glimpse of a country struggling with 'existential' population collapse
▼ + stars: | 2024-12-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

"The truth is that today our people are among the most elderly in Europe," Mitsotakis said last year, speaking at a Greek demographic conference. Kyriakos Mitsotakis Prime Minister of Greece"This population decline is not manifested equally throughout the country," Mitsotakis continued. Meanwhile, all other regions, including Greece's prized islands, have recorded population decline over the past several years. Demographic shifts weigh on economic growthGreece's demographic decline stands at odds with the country's now much improved economic outlook. Japan and South Korea, with fertility rates of 1.2 and 0.72 in 2023, respectively, are among the best known examples of countries in demographic decline.

Persons: Saint George, there's, Bert Colijn, Kyriakos Mitsotakis, Mitsotakis, It's, Kyriakos, Lasta, Young, Sofia Zacharaki, Zacharaki, Colijn, Jim Reid Global Organizations: CNBC Lasta, ING, CNBC, Social, Affairs, Deutsche Bank Locations: Lasta, GREECE, Greece's Peloponnese, Greece, Europe, Greece's, Athens, Thessaloniki, Greece's Arcadia, Japan, South Korea, China

☆ Russian troops are likely still at their key bases in Syria, and it will be 'obvious' if they try to leave: senior analyst
▼ + stars: | 2024-12-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Russia hasn't mass-evacuated troops and gear out of its key bases in Syria. Russia said it's trying to work out a deal for its bases with the new Syrian government. The Russian military is still stationed at its Syrian bases after the fall of Bashar Assad's government, and analysts say an evacuation will be easy to spot. According to Russian state media, rebel forces now control the Latakia province, where these bases are located. "When Russian forces deployed to Syria in 2015, they flew almost 300 sorties in two weeks, and that was before base expansion," Massicot added.

Persons: it's, Bashar Assad's, Assad —, Dara Massicot, you'd, Massicot, Dmitry Peskov, Assad, Mohammed al, Bashir, Hayat Tahrir, Abu Mohammad al, Al, who's Organizations: Carnegie Endowment, International Peace, Financial, Institute for, Kremlin, Tartus Locations: Russia, Syria, Africa, Latakia, Tartus, Washington, Khmeimim, Moscow, Assad Syria, Hayat, Al Qaeda

☆ Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
▼ + stars: | 2024-12-11 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

On a monthly basis, prices rose by 0.3% after rising 0.2% for the prior four months. Economists were expecting inflation to pick up by 0.2% from October and record a 2.7% annual increase, primarily due to unfavorable comparisons from a year ago and stubborn housing-related inflation. However, in November, shelter-related costs weren’t the primary driver for the monthly increase: Shelter prices rose 0.3% for the month, accounting for nearly 40% of the overall gain. Instead, a big push came from food (up 0.4%) and energy prices, which rose 0.2% — the category’s first increase in six months. Core CPI rose 0.3% for the fourth consecutive month, holding firm at 3.3%, where it’s been since September.

Persons: they’re, it’s, “, ” Josh Hirt, ” Organizations: CNN, Federal Reserve, Bureau of Labor Statistics, Vanguard

☆ Albertsons files lawsuit against Kroger for breach of merger agreement
▼ + stars: | 2024-12-11 | by ( Sara Eisen | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlbertsons files lawsuit against Kroger for breach of merger agreementCNBC's Sara Eisen reports on news regarding two large grocery store operators.

Persons: Sara Eisen Organizations: Albertsons, Kroger

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