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Bananas aren’t the only thing that’s gotten more expensive, of course. The prices of everyday goods like clothing, household supplies and groceries have risen steadily since April, with the year-over-year inflation rate climbing from 2.9% to 3% in September, according to Friday’s CPI report.But bananas stand out because they’ve “long been regarded as ‘inflation-proof,’ with prices remaining stable for decades,” says Brandon Parsons, a practitioner of economics at Pepperdine Graziadio Business School.Trump’s tariffs seem to have changed that, says Parsons.While a White House executive order that went into effect on Sept. 8 offered tariff relief for “certain agricultural products not…

Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that keeps the door wide open for another interest rate cut next week.The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%. Economists surveyed by Dow Jones had been looking for respective readings of 0.4% and 3.1%. The annual rate reflected a 0.1 percentage point uptick from August.Excluding food and energy, core CPI showed a 0.2% monthly gain and an annual rate also at 3%, compared…

Liverpool head coach Arne Slot says it is up to his players to find answers to opponents now playing a low block and using long balls to stifle his team.The Premier League champions head to Brentford on Saturday night looking to end a recent run of three straight league defeats that have left them trailing leaders Arsenal by four points. The most recent setback came against arch-rivals Man Utd at Anfield on Sunday, after which Slot highlighted how the visitors had changed tactics by playing five at the back and employing Mason Mount as a lone striker, while also making…

Check out the companies making headlines before the opening bell : Intel — The chip stock surged more than 7% in premarket trading after the company reported better-than-expected revenue as demand for its core x86 processors for PCs recovered. Ford Motor — The Detroit automaker moved 4.2% higher following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Applied Materials — Chip equipment manufacturer saw shares dip slightly after the firm announced it is laying…

Canada’s Prime Minister Mark Carney waves next to U.S. President Donald Trump at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | ReutersThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Oh, CanadaPresident Donald Trump said late last night that he is ending all U.S. trade negotiations with Canada over an ad aired by Ontario’s provincial government featuring the voice of former President Ronald Reagan.In the ad, Reagan is heard speaking negatively about tariffs and their impact on Americans.…

The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021.Bloomberg | Bloomberg | Getty ImagesIndia’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil.Reliance has become a major buyer of Russian crude. In September, it purchased around 629,590 barrels of Russian crude per day from the two firms, out of India’s total imports of 1.6 million barrels per day, according to data by commodities data analytics firm Kpler.Over the same month last year, Reliance purchased around 428,000…

A member of staff poses next to trading boards at the London Stock Exchange on April 25, 2025 in London, England.Carl Court | Getty Images News | Getty ImagesThe amount of money managed by hedge funds has reached an all-time high of $5 trillion, fueled by a surge in capital allocations in the third quarter coupled with positive investment returns.Analysis published Thursday by industry tracker Hedge Fund Research (HFR) showed total global assets under management stood at a landmark $4.98 trillion at the end of the third quarter.Overall industry assets swelled by $238.4 billion in the three-month period that ended…

As western leaders jostle and preoccupy themselves with US President Donald Trump’s so-called “peace plan”, the media buzz has started looking to “what’s next”, rather than reflecting on the 734 days of genocide Palestinians have endured. Trump’s plan is filled with red flags about eroding Palestinian agency, about neocolonial British-American control over Gaza, and about failing to stop Israel’s continued violations of the ceasefire. These concerns are all vitally important, but equally important is accountability for the perpetrators of the genocide, from the most senior generals to the most junior foot soldier.  That is why the International Centre of Justice for Palestinians…

Following the recent wave of Morocco’s GenZ-led protests calling for reforms and increased funding in health and education, the royal cabinet announced on Sunday nearly $15bn would be allocated to the two sectors in 2026, up 16 percent from the previous year. In the same announcement, it pledged to create more than 27,000 jobs in health and education. The protests that rocked the North African kingdom in recent weeks were triggered by the death of eight women after C-sections in a public hospital in Agadir, as well as astronomical investment in football infrastructure ahead of the co-hosting of the 2030…

Chelsea boss Enzo Maresca has revealed he warned striker Marc Guiu over his poor performances in training earlier this month.The 19-year-old had a season-long loan move to Sunderland cancelled after just three appearances at the end of the summer transfer window as the Blues sought to reshuffle their squad in the wake of Liam Delap’s hamstring injury.However, Guiu did not play for a month until a late cameo against Liverpool prior to this month’s international break.The Spanish forward then scored his first goal of the season in Chelsea’s 5-1 Champions League thrashing of Ajax on Wednesday.Marc Guiu was told his…