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☆ Magnolia Bakery is turning its most iconic desserts into cannabis edibles
▼ + stars: | 2023-11-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

The New York City-based dessert maker is transforming some of its famous treats into THC-infused edibles, including its banana pudding and red velvet cake. The limited-edition bars, which mark Magnolia’s first-ever cannabis product, “celebrate the brand’s most iconic, fan-favorite flavors in a new light,” the bakery said. That has created consumer interest in weed, including edibles, with the stigma of buying the drug dissipating. Perhaps once known for being just “pot brownies,” the edible market has blossomed into several categories and hundreds of brands, including gummies, mints and candy bars. “There is no real downside to Magnolia, as consumer opinions on cannabis are now relativity liberal,” he told CNN.

Persons: Magnolia, It’s, Scott Vickers, Neil Saunders, ”, Saunders Organizations: New, New York CNN, Green Thumb Industries, Marijuana, CNN, City, GlobalData Locations: New York, New York City, — Illinois, Nevada, Massachusetts

☆ Canada caps immigration target amid housing crunch, inflation
▼ + stars: | 2023-11-01 | by ( Wa Lone | ) www.reuters.com time to read: +2 min

"These immigration levels will help set the pace of Canada's economic and population growth while moderating its impact on critical systems such as infrastructure and housing," Miller said. Canada's population has grown mainly through immigration, and population growth has helped fuel economic growth in recent years. But some economists have blamed immigration for worsening the country's housing shortage, though immigrants also work in industries like construction that are facing a labor shortage. For this reason, the Bank of Canada has said immigration has been both a driver and a brake for inflation, which stood at 3.8% in September. More consumers mean more demand, which pushes up prices, but immigrants entering the work force also help keep down labor costs.

Persons: Christinne, Marc Miller, Miller, Wa, Ismail Shakil, Steve Scherer, Deepa Babington Organizations: REUTERS, Rights TORONTO, Bank of Canada, Statistics, Institute for Canadian Citizenship, Wa Lone, Thomson Locations: Canada, U.S, Champlain , New York, Ottawa, Statistics Canada, Toronto

There are a lot of misconceptions about living in Alaska, and Trevor Barrett has heard them all. One of the best things about living in Alaska is the quiet life, the privacy and the summers." "I was raised with hunting and fishing and hiking and camping and all the specific and unique Alaska things," he says. Trevor Barrett with a replication of Andúril from J.R.R. Trevor Barrett and his family live in Haines, Alaska.

Persons: Trevor Barrett, Trevor, Larissa, Trevor Barrett Trevor, Samuel, Nika, Haines, you've, Alex Stock, Barrett Knives, Barrett, he's Organizations: CNBC, Netflix, YouTube, YouTube Investments, Google, Barrett, Larissa Locations: Alaska, Haines, British Columbia, Anchorage, Connecticut, Alaska One, Kenai, U.S, Larissa, Juneau , Alaska, J.R.R, Haines , Alaska

(AP) — The U.S. Environmental Protection Agency on Monday proposed banning the cancer-causing chemical trichloroethylene, which can be found in consumer products including automobile brake cleaners, furniture care and arts and crafts spray coating. “Today, EPA is taking a major step to protect people from exposure to this cancer-causing chemical.”Massachusetts Sen. Edward Markey, who has led the effort to ban TCE, welcomed the move. Political Cartoons View All 1215 Images“With this rule, we can see a future where we will no longer be manufacturing, processing and distributing a chemical known to be deadly,” Markey said. The chemical presents an “unreasonable risk of injury to health or the environment” in 52 of 54 uses in industrial and consumer products, the EPA has found. The 2016 law required the EPA to evaluate chemicals and put in place protections against unreasonable risks.

Persons: TCE, Michal Freedhoff, Massachusetts Sen, Edward Markey, ” Markey, “, Anne Anderson, Jimmy, Anne, ” Anderson, Frank, Matthew Daly Organizations: Environmental Protection Agency, of Chemical Safety, “, EPA, Woburn, Andersons, Chemical, Press Locations: WOBURN, Mass, U.S, United States, Massachusetts, Woburn ., America, Woburn, Washington

In January, Tesla disclosed that the Justice Department had requested documents related to its Autopilot and “Full Self-Driving” features. Both features are classified as driver-assist systems, and the company says on its website that the vehicles cannot drive themselves. For the first time, Tesla said in its filing that the investigations could damage the company's brand. Disclosing that vehicle range is under scrutiny “also reflects a concern about the company's representations about vehicle features,” said Frenkel, now a partner with Dickinson Wright in Washington. It's unclear if Tesla merely considered subpoenas as requests for information in prior quarterly disclosures, Frenkel said.

Persons: Tesla, Elon Musk, ”, Erik Gordon, Gordon, Jacob Frenkel, “, Frenkel, Dickinson Wright, ” Frenkel, Musk Organizations: DETROIT, —, Securities and Exchange Commission, Department of Justice, Justice Department, University of Michigan, DOJ, SEC, U.S . National, Traffic Safety Administration, NHTSA, Auto, Transportation Safety Locations: Austin , Texas, Washington, Austin, Florida, California

After paying off $50,000 in debt, Berna Anat started saving money seeking financial freedom. She found that a "sinking fund" can help with typical life expenses that don't require cracking open the emergency fund. If you find yourself constantly dipping into your emergency savings for everyday issues, you will soon not have much of an emergency fund left. You can have as many sinking funds as you like, however big or small you need. "No need to dip into your emergency savings or cut any part of your budget.

Persons: Berna Anat, —, Anat, Ally Organizations: Service, That's Locations: New York

☆ Tesla set to report third quarter earnings after the bell
▼ + stars: | 2023-10-18 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

Tesla is set to report third-quarter results after the bell on Wednesday. The Q3 2023 earnings call will be Tesla's first since its previous CFO, Zachary Kirkhorn, announced he was stepping aside. Earlier this month, Tesla reported a 7% decline in vehicle deliveries for the third quarter compared to the previous three-month period. Tesla reiterated at the time that it was still aiming for 1.8 million vehicle deliveries for the full year in 2023. Tesla uses an online platform called Say Technologies to pick out questions from shareholders to answer in advance of earnings calls.

Persons: Tesla, Zachary Kirkhorn, Vaibhav Taneja, Elon Musk Organizations: LSEG, Elon, Technologies, Highland, Tesla, Twitter, Say Technologies Locations: U.S, China, EU, Austin

☆ Tesla to recall nearly 55,000 Model X vehicles, auto regulator says
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo Acquire Licensing RightsCompanies Tesla Inc FollowOct 17 (Reuters) - The U.S. auto regulator on Tuesday said Tesla (TSLA.O) will recall 54,676 Model X vehicles manufactured between 2021-2023, as the vehicle controller is likely to fail to detect low brake fluid and not display a warning light. Tesla has released an over-the-air (OTA) software update, free of charge, to fix the issue, the National Highway Traffic Safety Administration (NHTSA) said. The electric vehicle maker is not aware of any crashes, injuries or deaths that may be related to this condition as of Oct. 10, the regulator added. In August, NHTSA opened an investigation into 280,000 new Tesla Model 3 and Model Y vehicles over reports of loss of steering control and power steering.

Persons: Matthew Childs, Tesla, Jahnavi, Janane Venkatraman Organizations: REUTERS, Traffic Safety Administration, Reuters, NHTSA, Tesla, Thomson Locations: London, Britain, U.S, Bengaluru

☆ I played video games and closed my eyes while driving a Mercedes
▼ + stars: | 2023-10-12 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

Press a button on the steering wheel rim and the lights turn turquoise blue. Then you no longer have to hold the steering wheel or watch the road. (Mercedes declined to say how many German drivers have purchased Drive Pilot, though, so it’s unclear how impressive that really is.) Drive Pilot responded the way many automated driving systems do in these sorts of situations. I had assumed that, when I turned Drive Pilot off, it would return to that semi-autonomous mode.

Persons: Mercedes, it’s, it’ll, you’re, ”, I’d, hasn’t, Mercedes ’ Organizations: Santa Monica , California CNN, Mercedes, Benz Locations: Santa Monica , California, Los Angeles, Germany, United States, Nevada, California, Stuttgart

☆ Germany risks letting a good crisis go to waste
▼ + stars: | 2023-10-03 | by ( Pierre Briancon | ) www.reuters.com time to read: +8 min

Germany, the European Union’s largest economy and its traditional growth engine, is headed towards a contraction this year. Exports account for more than half of Germany’s GDP, compared to just a third in France and 37% in Italy, according to the World Bank. Germany’s growth potential is estimated at an annual 0.7% over the medium term by the Scope rating agency, about half the euro zone average. Exempting net public investment from the debt brake rule would help to reverse years of underspending. Unless they do, Europe’s leading economy risks letting a good crisis go to waste.

Persons: –, Hubertus Bardt, Germany’s, Carsten Brzeski, Oliver Rakau, Chancellor Olaf Scholz, Christian Lindner’s, Sebastian Dullien, Scholz, Destatis, Francesco Guerrera, Streisand Neto Organizations: Reuters, World Bank, EU, International Monetary Fund, Reuters Graphics Reuters, German Economic Institute, ING, Oxford Economics, BASF, Finance, Christian Democrats, Thomson Locations: Germany, Berlin, France, Italy, China –, Spain, Weimar Republic, China, Ukraine

Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Washington could also sweeten any deal by designating Saudi Arabia a Major Non-NATO Ally, a status already given to Israel, the U.S. source said. "Saudi Arabia supports a peace plan for the Palestinians, but this time it wanted something for Saudi Arabia, not just for the Palestinians." SEEKING ISRAELI COMMITMENTSIsrael's Prime Minister Benjamin Netanyahu has hailed the possibility of a "historic" peace with Saudi Arabia, the heartland of Islam. Yet, even if the U.S, Israel and Saudi Arabia agree, winning support from lawmakers in the U.S. Congress remains a challenge.

Persons: Prince Mohammed bin Salman, Joe Biden, NATO Ally, Biden, Washington, Benjamin Netanyahu, Netanyahu, Mahmoud Abbas, Jamal Khashoggi, China, Samia Nakhoul, James Mackenzie, Dan Williams, Ali Sawafta, Aziz El Yaacouby, Steve Holland, Matt Spetalnick, Humeyra Pamuk, Patricia Zengerle, Edmund Blair Organizations: Al, Saudi Royal Court, REUTERS Acquire, Defence, NATO, Saudi, U.S, U.S . Navy Fifth, Saudi Arabia, U.S . State Department, U.S . Atomic Energy, Israel's, MbS, Fox, Israel, West Bank, Palestinian Authority, West, Biden's Democratic Party, Washington Post, Congress, Thomson Locations: Saudi, Jeddah, Saudi Arabia, Bandar, Bahrain, Washington, Israel, United States, U.S, Riyadh, Iran, Tehran, Japan, Egypt, West Bank, East Jerusalem, Yemen, Beijing, Dubai, Jerusalmen

☆ Not only is your Kia or Hyundai surprisingly easy to steal — it might also catch fire
▼ + stars: | 2023-09-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Kia and Hyundai are recalling 3.3 million cars and telling drivers to park outside due to fire risks. Kia and Hyundai thefts have soared after videos exposing security flaws in some models went viral. AdvertisementAdvertisementKia and Hyundai drivers have had a rough run in recent years. AdvertisementAdvertisementThe recall extends over a range of different Kia and Hyundai models, released between 2010 and 2017. Per the NHTSA, more than 3,000 Hyundai and Kia vehicles have caught fire in that time, injuring 103 people, and killing one.

Persons: —, Kia Organizations: Kia, Hyundai, Service, Traffic Safety Administration, Consumer Locations: South Korea

☆ The Biden FCC’s Plan to Brake 5G
▼ + stars: | 2023-09-27 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/federal-communications-commission-jessica-rosenworcel-net-neutrality-5g-52cf908c

Persons: Dow Jones

☆ Kia, Hyundai recall 3.37 million US vehicles over fire risks
▼ + stars: | 2023-09-27 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/3] The Kia EV9 is displayed at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File photo Acquire Licensing RightsWASHINGTON, Sept 27 (Reuters) - Hyundai (005380.KS) and Kia (000270.KS) are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and away from structures until repairs are complete. The automakers say brake fluid leaks can cause a short that could lead to a fire. Hyundai said it has reports of 21 fires and 21 other thermal incidents since 2017 related to the recall, while Kia has reports of at least 10 confirmed fires and melting incidents. Kia America's recall covers 1.73 million Borrego, Cadenza, Forte, Sportage, K900, Optima, Soul Rio, Sorento, and Rondo vehicles.

Persons: Kia EV9, David, Dee, Delgado, Kia, Kia America's, Forte, Sportage, Jyoti Narayan, Kanjyik Ghosh, Jan Harvey, Kirsten Donovan Organizations: New York, REUTERS, Rights, Hyundai, Kia, National, Traffic Safety Administration, Control, Tucson Fuel Cell, Santa Fe Sport, Thomson Locations: Manhattan , New York City, U.S, KS, United States, Santa Fe, Veracruz, Tucson, Santa, Bengaluru

☆ Hyundai and Kia warn of potential fires in 3.3 million vehicles
▼ + stars: | 2023-09-27 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

The recall covers 1.64 million Hyundai models including 2012 through 2015 Hyundai Accents, 2011 through 2015 Elantras and 2011-2015 Genesis coupes. Hyundai and Kia are both part of the Hyundai Motor Group and their vehicles frequently share engineering. Kia and Hyundai owners are being advised to check NHTSA’s website to see if their specific vehicle is involved in this, or any, recalls. In 2022, owners of 500,000 Kia and Hyundai vehicles were also warned to park outside because a problem with anti-lock brake control electronics. In 2020, Kia recalled 295,000 vehicles because they could catch fire while driving because of fuel leaks.

Persons: they’re, Kia, Elantras, Sorentos Organizations: CNN, Hyundai, Kia, National, Traffic Safety Administration, NHTSA, Hyundai Motor Group Locations: United States

☆ Union urges US regulators to deny GM's self-driving Cruise a safety exemption
▼ + stars: | 2023-09-27 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

[1/2] A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo Acquire Licensing RightsCompanies General Motors Co FollowWASHINGTON, Sept 27 (Reuters) - The International Brotherhood of Teamsters union on Wednesday asked U.S. auto safety regulators to deny a petition by General Motors (GM.N) to exempt its autonomous vehicle unit Cruise Origin from vehicle safety standards. The Cruise petition, filed in February 2022, seeks government approval to deploy vehicles annually without steering wheels, mirrors, turn signals or windshield wipers. Current on-road self-driving Cruise vehicles have human controls. NHTSA said Cruise vehicles "may engage in inappropriately hard braking or become immobilized."

Persons: Elijah Nouvelage, Ann Carlson, Cruise, Sean O'Brien, Carlson, David Shepardson, Niket, Shounak Dasgupta, Marguerita Choy Organizations: GM Bolt, REUTERS, General Motors, Brotherhood of Teamsters, Wednesday, U.S, Traffic Safety Administration, NHTSA, California Department of Motor Vehicles, Cruise, Reuters, GM, Congress, Thomson Locations: San Francisco , California, U.S, WASHINGTON, San Francisco, Washington, Bengaluru

REUTERS/Joshua Roberts Acquire Licensing RightsSept 25 (Reuters) - It's a now-familiar dance: Federal Reserve officials signal to the world that interest rates are not dropping anytime soon. Forecasts published on Wednesday by the U.S. central bank showed that a majority of its policymakers see the Fed's benchmark overnight interest rate ending this year at 5.6%, which implies one more interest rate hike in the next three months. They also now anticipate an end-of-2024 policy rate of at least 5.1%, half a percentage point higher than they projected three months ago. Meanwhile, interest rate futures contracts continue to price in only about a 50% chance of further tightening in 2023, and see a 4.65% policy rate by the end of next year. THE FED'S OWN UNCERTAIN FORECASTSFed policymakers plan to stop raising interest rates once they are convinced inflation is headed down to the central bank's 2% target.

Persons: Joshua Roberts, Preston Caldwell, Jerome Powell, Powell, Morgan Stanley, Ann Saphir, Dan Burns, Paul Simao Organizations: Federal Reserve, REUTERS, Financial, U.S, Fed, Morningstar, Securities, United Auto Workers, Detroit automakers, Reuters, Thomson Locations: Washington , U.S, U.S

I married my husband when we were both 21 years old. We sold our first house for twice what we paid for it, and I found a way to make my English degree pay. We always wait for movies to leave theaters before we see them, and we've walked miles to avoid paid parking. This mindset has saved us a lot of money through the years, even as it shifted from survival strategy to muscle memory. Because honestly, I am pretty sure those younger, hungrier versions of ourselves are the ones who got us here.

Persons: He's, it's, we've, Harry Potter Organizations: futon

☆ Central bank interest rates: Is the global fight to tame inflation nearly over?
▼ + stars: | 2023-09-21 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

London CNN —Central bankers have had to climb a metaphoric mountain over the past two years in the battle to control runaway inflation. The announcement came just hours after Switzerland’s central bank kept rates unchanged and a day after the US Federal Reserve did the same, holding its key lending rate in the range of 5.25% to 5.5%. “Central banks think they have raised interest rates enough to bring inflation down to their 2% targets in a couple of years’ time,” Paul Dales, chief UK economist at Capital Economics, told CNN. Key interest rates are now at levels that, if “maintained for a sufficiently long duration, will make a substantial contribution” to reducing inflation to its 2% target, the central bank said. “By this time next year, we anticipate that 21 out of the world’s 30 major central banks will be cutting interest rates.”

Persons: ” Paul Dales, “, Jerome Powell, Sarah Silbiger, Brent, Andrew Bailey, ” Seema Shah, ”, J.P, Morgan, Jennifer McKeown Organizations: London CNN —, Bank of England, US Federal Reserve, Capital Economics, CNN, European Central Bank, ECB, Federal, Washington DC, Bloomberg, Getty, European Union, EU, European Commission, Asset Management, “ Locations: United Kingdom, United States, Germany, Saudi Arabia, Russia

☆ UAW strike could brake hard-driving US economy
▼ + stars: | 2023-09-15 | by ( Dan Burns | ) www.reuters.com time to read: +5 min

"UAW on strike" signs lean against a pile of wood on the picket line outside the General Motors Detroit-Hamtramck Assembly in Hamtramck, Michigan, U.S. October 25, 2019. RSM estimates the U.S. economy would suffer a modest 0.2% drag to annualized growth of gross domestic product this quarter should the strike action last for a month, Brusuelas said. Other economists offered comparable estimates of the potential drag from a prolonged strike by the Big Three's full union membership. A full-blown strike "could push U.S. payroll growth temporarily negative," Michael Pearce, lead U.S. economist at Oxford Economics, wrote on Wednesday. Pearce also estimated a full strike lasting a month could cut U.S. auto output by nearly a third, much as it did during the 1998 strike.

Persons: Rebecca Cook, Detroit's, Joe Brusuelas, Brusuelas, Michael Pearce, Pearce, Dan Burns, Deepa Babington, Diane Craft Organizations: UAW, General Motors Detroit, Hamtramck, REUTERS, General Motors, Ford, United Auto Workers, RSM, Big, Reuters, Federal Reserve, Oxford Economics, Labor, payrolls, Thomson Locations: Hamtramck , Michigan, U.S

☆ Cough syrup killed scores of children. Why no one has been held
▼ + stars: | 2023-09-13 | by ( Ramnagar | ) www.reuters.com time to read: +3 min

Toxic cough syrup made and sold in India may have been the start of a recent global wave of contamination. Irfan was one of at least 16 children whom authorities in India’s northern region of Jammu and Kashmir found had been poisoned. Digital says there was no DEG in its syrup and its medicines are not to blame. The rash of poisonings has led to criminal probes, lawsuits and a surge in regulatory scrutiny in India and abroad. Still, despite intense lobbying on behalf of the families of the children in Jammu, no one has yet been found guilty in a court of law for the cough syrup deaths.

Persons: Jafar Din’s, Irfan, Din, –, ” Organizations: Digital Vision Pharma, Digital Vision, Digital, Reuters, World Health Organization, WHO Locations: India, Jammu city, India’s, Jammu, Kashmir, Himachal Pradesh, Gambia, Uzbekistan, Cameroon

☆ Opinion: My 12-year-old son is cutting school… and I couldn’t be prouder
▼ + stars: | 2023-09-12 | by ( Opinion Paul Hockenos | ) edition.cnn.com time to read: +7 min

Berlin CNN —My 12-year-old son is cutting school on September 15 — an act of non-violent civil disobedience that his mother and I approve of entirely. Then-15-year-old Swedish student Greta Thunberg leads a school strike in Stockholm, 2018. Irish schools students demand immediate action on climate change during the "Global School Strike for Climate Action" march from St Stephen's Green to Leinster House in 2019. An array of climate activist groups surged in the slipstream of the global climate strikes, and now campaign on their own and together with it. The majority must mobilize and the global climate marches are one, high-profile, legitimate way to do it.

Persons: Paul Hockenos, ”, Paul Hockenos Hayyan, Greta Thunberg, Michael Campanella, Essien, ” They’ve, Stephen's Green, Artur Widak, — Organizations: CNN, Berlin CNN, Leinster House, Deal, Biden, Future, Entrepreneurs for Future, Twitter, Facebook Locations: Berlin, Europe, New Berlin, Stockholm, Sweden, Montana, Stephen's, Germany, California, Greece

☆ Tesla shares soar 10% after Morgan Stanley upgrade
▼ + stars: | 2023-09-11 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

SHANGHAI, CHINA - SEPTEMBER 06: Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China. Morgan Stanley analysts argued that Tesla should be viewed as a tech company as much as an electric car maker. Morgan Stanley believes Dojo could theoretically add up to $500 billion to the company's value long-term. Tesla vehicles still only offer advanced driver assistance systems, which require a human behind the wheel, ready to steer or brake at any second. But after the Morgan Stanley note on Monday, Tesla shares spiked above $272 mid-day.

Persons: Tesla, Morgan Stanley, Elon Musk, Adam Jonas Organizations: Getty, Nvidia, Tesla, Tesla's Dojo, Dojo, Deutsche Bank Locations: SHANGHAI, CHINA, Shanghai, China, U.S

☆ The stock market is stuck in a typical but anxious seasonal pullback
▼ + stars: | 2023-09-09 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500 YTD My last column before a late-summer hiatus, published July 15 with the S & P about 1% higher than Friday's close, began: "Enough for now? There's been no net progress since then after a modest push higher, 5% pullback and partial bounce. There's no doubt the market is sensitive to these yield moves, unsure how the economy and market might handle them. There's an insistence among plenty of cautious market participants that stocks are only as high as they are because eventual Fed rate cuts are anticipated. Not to be too literal, but this at least would suggest some more seasonal choppiness before a potential break higher.

Persons: There's, Oleg Melentyev, –, Goldman Sachs, Tony Pasquariello, China's Organizations: Federal Reserve, U.S ., Federal, Treasury, Labor, Bank of, UAW, Atlanta Fed, Investment Locations: Europe, China, U.S

"Further progress is likely to become more difficult as base effects fade, and supply-constraints could drive global energy and food prices higher again." Brent crude prices have risen 27% since mid-year and U.S. crude is up 30%, with U.S. retail pump prices already up almost 10% so far since June. Oil and inflation expectationsReuters GraphicsSLOWING DESCENTAnd alongside creeping worries about rising debt supply, the long end of bond markets has been rattled again by the oil price jump. And this has been a far bigger influence on the inflation trajectory than oil prices per se. Yet, restive crude prices will still cloud a messy and tricky battle with inflation expectations just as policy tightening cycles near an end.

Persons: Brent that's, Christian Keller, Akash Utsav, Andrew Goodwin, there's, George H.W, Jamie Freed Organizations: Brent, UBS, Organization for Economic Cooperation, Development, Barclays, Federal Reserve, European Central Bank, Bank of England, U.S, Treasury, Oxford, Monetary Fund, Reuters Graphics Reuters, Reuters, Thomson Locations: Ukraine, Saudi Arabia, Russia, tailwind, U.S, Europe, Britain, West, George H.W . Bush

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