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Thursday, October 29, 2026

← Oct 29, 2026 edition

Photo: Fortune

Business & Finance · Economy · 14 outlets (L 1 · C 7 · R 4 · 2 not rated)

Inflation rose in September as GDP grew faster than expected

A Federal Reserve-watched inflation gauge accelerated in September, rising 0.5% for the month and 3.6% from a year earlier, up from 3.4% in August.⁠[5, 7, 10] Core inflation rose by 3.1%, according to UPI, citing Bureau of Economic Analysis data.⁠[8] The report came a day after the Federal Reserve's decision to hold interest rates steady.⁠[1]

Rising gas prices drove much of the increase as renewed violence in the Middle East has kept oil prices above $100 a barrel, PBS NewsHour reported, but prices also rose outside fuel costs.⁠[6] Separately, third-quarter gross domestic product grew by an expected-beating 3.4%, per CNBC and UPI.⁠[3, 8]

The data lands less than a week before midterm elections where affordability has become a central issue for voters.⁠[12, 13] Fortune reported that polls show rising inflation has soured most voters on the economy and led them to give President Donald Trump poor marks.⁠[4]

Covered by The New York Times, PBS NewsHour, New York Post and 11 more

Read first Inflation picks up in September; third quarter GDP beats expectations · UPI

How balanced is this coverage?

Of the 12 rated outlets that covered it, 1 is left of center, 7 are center and 4 are right of center (3 of them in the Right group). 2 more are not rated.

Where the outlets sit
The New York Times · Leans left · −0.70PBS NewsHour · Center · −0.48Fortune · Center · −0.25International Business Times · Center · −0.14Bloomberg · Center · +0.08The Hill · Center · +0.10UPI · Center · +0.17CNBC · Center · +0.40New York Post · Leans right · +0.64The Washington Times · Right · +1.27Fox Business · Right · +1.66The Political Insider · Right · +2.65
  • Left: none.
  • Leans left: The New York Times (−0.70).
  • Center: PBS NewsHour (−0.48), Fortune (−0.25), International Business Times (−0.14), Bloomberg (+0.08), The Hill (+0.10), UPI (+0.17), CNBC (+0.40).
  • Leans right: New York Post (+0.64).
  • Right: The Washington Times (+1.27), Fox Business (+1.66), The Political Insider (+2.65).

Not rated Los Angeles Times, Semafor. Not placed: they have no lean score.

Each dot is an outlet that covered it, placed by its audience-lean score (Eady et al. 2025), which measures who shares its links, not how accurate it is. The ticks under the line are all 113 rated outlets Tare reads.

Detailed briefing

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Sources

Left

  1. 1 The New York Times · Leans left · Oct 29, 8:38 a.m. ETInflation Accelerated in October, PCE Index Shows

Center

  1. 2 Bloomberg · Center · Oct 29, 1:43 p.m. ETStrong GDP Unlikely to Sway Midterm Voters Worried About Inflation
  2. 3 CNBC · Center · Oct 29, 8:37 a.m. ETThird-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
  3. 4 Fortune · Center · Oct 29, 12:13 p.m. ET‘The inflation outlook has become more concerning’: Incomes declined 0.3% and consumer prices jumped 3.6% in September as midterms loom
  4. 5 International Business Times · Center · Oct 29, 9:23 a.m. ETSeptember's Inflation Rate Was in Line With Expectations, But Still Well Above the Fed's Target
  5. 6 PBS NewsHour · Center · Oct 29, 12:24 p.m. ETInflation heats up again, days before midterm elections
  6. 7 The Hill · Center · Oct 29, 8:36 a.m. ETFederal Reserve's preferred measure of inflation rose slightly in September
  7. 8 UPI · Center · Oct 29, 11:25 a.m. ETInflation picks up in September; third quarter GDP beats expectations

Right

  1. 9 Fox Business · Right · Oct 29, 8:33 a.m. ETFed's favored inflation gauge trended higher in September
  2. 10 New York Post · Leans right · Oct 29, 11:15 a.m. ETKey inflation gauge heats up thanks to high gas prices — day after Fed hits pause on rate hikes
  3. 11 The Political Insider · Right · Oct 29, 11:15 a.m. ETInflation Speeds Up, Putting Affordability Front and Center Before Vote
  4. 12 The Washington Times · Right · Oct 29, 10:22 a.m. ETInflation heats up again, data shows, days before midterm elections where cost of living dominates

Not rated

  1. 13 Los Angeles Times · Not rated · Oct 29, 12:41 p.m. ETInflation heats up again, data shows, days before midterm elections where cost of living dominates
  2. 14 Semafor · Not rated · Oct 29, 6:30 p.m. ETUS economy grows faster-than-expected
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