Writing the summary…
Inflation likely peaked for 2026 but will remain sticky, according to prediction markets
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
Why older Americans' wealth may be helping keep consumer spending strong
Boomers report more financial confidence as Federal Reserve and JPMorgan data show older households hold more wealth and draw more from investments.
CNBC
Rep. Ilhan Omar blasts federal criminal raid on home: 'I will not be silenced'
The Minnesota Democrat, a Muslim who was born in Somalia, has been targeted for criticism in the past by President Donald Trump.
CNBC
Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack
The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
CNBC
Meta debuts Muse Wonder AI model in latest test of users' willingness to pay
Meta introduced Muse Wonder, its latest AI model, but users have to pay for subscriptions to the Muse app to access it.
CNBC
FAA warns U.S. airlines of safety risks over Saudi Arabia after attacks
The FAA warned U.S. airlines about flight risks over Saudi Arabia as Riyadh airport attacks disrupt travel and Delta weighs an Oct. 23 launch.
CNBC
UnitedHealth shares are doing something unusual ahead of earnings
The only thing more expensive than health insurance is perhaps the costs of insuring shares of health insurers