Archive: 2025/09
U.S. CPI jumps 0.4% in August as markets wobble and Bitcoin dips; Fed still seen cutting rates
- by Zander Quillington
- on 12 Sep 2025
August inflation ran hotter than expected, with CPI up 0.4% month-over-month and 2.9% year-over-year, while core held at 3.1%. Jobless claims jumped the same morning, underscoring a cooling labor market. Bitcoin fell about 0.5% on the release. Traders still expect a quarter-point Fed cut next week, but the path after that looks murkier as services and energy costs keep pressure on prices.
US Open: Novak Djokovic spars with New York crowd, beats Fritz to reach semifinals
- by Zander Quillington
- on 5 Sep 2025
Novak Djokovic beat Taylor Fritz 6-3, 7-5, 3-6, 6-4 in a tense US Open quarterfinal marked by clashes with a vocal New York crowd. The 38-year-old improved to 11-0 against Fritz and reached a record 53rd Grand Slam semifinal. He’ll face Carlos Alcaraz next as he chases a 25th major. Fritz missed 11 of 13 break chances as the last American man exited the tournament.