Fed’s preferred gauge shows inflation accelerated even more than expected in August

September 30, 2022

Inflation in August was stronger than expected despite the Federal Reserve’s efforts to bring down prices, according to data Friday that the central bank follows closely.

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Americans are still weighed down by high inflation, though sentiment is improving

Americans are feeling more positive about the economy and believe inflation will settle down — but plenty of uncertainty is still swirling.

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Carnival Corp plunges on forecast of Q4 loss, delayed return to profitability

Carnival Corp on Friday forecast a loss in the fourth quarter after it reported results for the third quarter that fell well short of Wall Street estimates, as higher fuel prices and cheaper fares offset a rise in bookings.

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