Here’s an overview of the significant business occurrences and economic data anticipated this week.

INFLATION INSIGHTS
The Labor Department is set to release its October consumer price index report on Wednesday. In September, inflation rates in the U.S. decreased to the lowest rates seen in more than three years. Consumer prices rose by just 2.4% compared to the prior year, down from a 2.5% increase in August, marking the smallest annual rise since February 2021. Experts predict that this figure may have increased to 2.5% last month.

Here’s a breakdown of the Consumer Price Index’s annual percentage changes that are not seasonally adjusted:

• May: 3.3
• June: 3.0
• July: 2.9
• August: 2.5
• September: 2.4
• October (estimated): 2.5

DISNEY’S FINANCIAL RESULTS
The Walt Disney Company is scheduled to announce its latest quarterly earnings before the market opens on Thursday. Analysts estimate that Disney, currently undergoing a significant leadership change, will report earnings per share at $1.10 on a revenue of $22.5 billion. Recently, Disney appointed James Gorman from Morgan Stanley as its next chairman, a role he will assume early next year. The company also plans to introduce a new CEO to succeed Bob Iger by early 2026. Iger returned to the company in 2022 following a challenging period under his appointed successor, Bob Chapek.

EXAMINING UNEMPLOYMENT FIGURES
Additionally, the Labor Department will provide its weekly update on unemployment claims filed by Americans seeking jobless benefits. The latest report indicated that approximately 221,000 individuals applied for these benefits, maintaining a level that is consistent with recent data and still at historically low levels. Unemployment claims are often seen as an indicator of the number of layoffs occurring each week. Despite some recent softening in the labor market, it has generally remained robust amidst the challenges posed by high interest rates.