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Inflation Accelerated in October, PCE Index Shows

29 October 2026 at 16:11
The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.

Β© Ben Stansall/Agence France-Presse β€” Getty Images

A factor pushing prices up this year has been a severe energy crunch created by the war with Iran that sent oil prices soaring.

Christine Lagarde to Step Down as President of European Central Bank

29 October 2026 at 13:50
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.

Β© Heiko Becker/Reuters

Christine Lagarde’s appointment as the European Central Bank’s first woman president was the latest step in a career of breaking gender barriers, while also contending with economic crises.

Fed Holds Rates Steady Despite Lack of Progress on Inflation

29 October 2026 at 00:27
Kevin M. Warsh, the chairman of the Federal Reserve, said an β€œinformation-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.

Β© Athit Perawongmetha/Reuters

Kevin Warsh, the Fed chairman last week said that more had to be done to tame inflation.

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.

28 October 2026 at 12:05
The central bank is widely expected to hold interest rates steady on Wednesday, just days before the midterm elections.

Β© Al Drago for The New York Times

The Federal Reserve is expected to press pause on raising interest rates after delivering a rate increase last month for the first time since 2023.

A Punishing Housing Market Is Squeezing Renters

28 October 2026 at 12:05
Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.

Β© Grant Hindsley for The New York Times

Higher mortgage rates are pushing aspiring homeowners to keep renting, intensifying competition in the rental market.

Italy’s Young Protesters Return to the Streets

25 October 2026 at 04:26
Fed up with the political establishment and rising cost of living, demonstrators hoped to make their message heard after violence overshadowed protests last weekend.

Β© Yara Nardi/Reuters

Young people protested the rising cost of living in Milan on Saturday, a week after similar demonstrations in cities across northern Italy ended in violent clashes and looting.
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