Economy

• India’s inflation rises to 0.71% in November as decline in food, fuel prices loses steam - India's inflation in November rose after touching an all-time low in October due to rise in prices of food items, fuel.
• The case for more Fed rate cuts could rest on a 'systemic overcount' of jobs numbers - There are indications that policymakers will be more inclined to cut further if the labor market stays weak.
• Bessent to propose major overhaul of regulatory body created from financial crisis - EconomyBessent to propose major overhaul of regulatory body created from financial crisisPublished Thu, Dec 11 20258:00 AM ESTSteve Liesman@steveliesmanJeff Cox
• Here are the five big takeaways from Wednesday's Fed rate decision - The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
• Divided Fed approves third rate cut, sees slower pace ahead - The Federal Reserve on Wednesday released its interest rate decision.
• Southwest CEO says airline 'actively pursuing' network of airport lounges - Southwest's CEO said the carrier is weighing a network of airport lounges
• Trump says he 'heard' Biden Fed appointments were signed by autopen, tells aide to investigate - Trump's autopen comments came during a speech in Pennsylvania about the economy, aimed at countering Democrats' messaging about the U.S. affordability crisis.
• Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows - The December survey shows 84% believe President Trump will tap Hassett, director of the National Economic Council, to head the central bank.
• The Fed decision is expected to feature a rate cut and a lot more. Here's what to expect - The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what's ahead.
• Corporate America is upbeat on economy, but less so on President Trump's handling of it: CNBC CFO survey - A majority of CFOs are optimistic on the economy and see no recession in 2026, but their view of Trump's handling of the job of president is lukewarm at best.