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Wall Street Futures Rise as Inflation Cools, Boosting Rate-Cut Hopes

US stock futures climbed Friday morning after the latest Consumer Price Index (CPI) report showed inflation rising at a slightly slower pace than expected. The data offered investors reassurance that price pressures are easing, strengthening expectations for a Federal Reserve rate cut next week. Dow Jones Industrial Average futures gained about 0.5% S&P 500 futures rose 0.7% Nasdaq 100 futures jumped 1% The September CPI report revealed annual inflation at 3% , just below forecasts of 3.1%. On a monthly basis, prices increased 0.3% , a modest slowdown from August. This cooler-than-expected reading comes after a delay caused by the government shutdown, making it the first major economic release in weeks. With nearly all market bets pointing to a Fed rate cut, investors are increasingly optimistic about a softer monetary policy path ahead.

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Black Friday Shoppers Warned to Be Wary of Deals


 As Black Friday approaches, experts are urging shoppers to be cautious of deals that seem too good to be true. With the shopping frenzy in full swing, it's easy to get caught up in the excitement and make impulsive purchases.

Consumer Reports advises shoppers to do their homework and compare prices across multiple retailers before making a purchase. Many deals advertised as "doorbusters" may not be as great as they appear, and some prices may have been inflated before being discounted.

Shoppers are also encouraged to set a budget and stick to it, focusing on necessary items rather than succumbing to impulse buys. Using price-tracking apps and tools like PayPal Honey can help identify genuine deals and avoid being misled by marketing tactics.

As Black Friday sales kick off, staying informed and vigilant can help shoppers make the most of their money and avoid buyer's remorse.




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