Trump suggests gas prices could stay elevated until the November elections.
MIAMI — On Sunday, U.S. President Donald Trump suggested that oil and gasoline prices might stay elevated until the midterm elections in November. This remark marks a rare recognition of the potential political consequences stemming from his recent military actions against Iran. During an appearance on Fox News’ “Sunday Morning Futures with Maria Bartiromo,” he […]
Cleveland Fed president cautions that a rate increase may occur if inflation remains elevated.
Economic Insights Amid Rising Rates and Inflation Mitch Rochelle, CEO of M2 Communities, offered his take on the increasing mortgage rates and how inflation, driven by global conflicts, is impacting affordability. He pondered when viewers of Varney & Company might see some reprieve. Policymakers at the Federal Reserve cautioned that elevating interest rates could be […]
40 energy sites in the Middle East heavily damaged, which may keep prices elevated for an extended period.
Energy Infrastructure Faces Severe Damage Amid Ongoing Conflict The head of the International Energy Agency (IEA) mentioned on Monday that over 40 critical energy assets across nine Middle Eastern nations have experienced “severe or very severe damage.” Consequently, oil prices might remain elevated for a considerable time—regardless of when the conflict involving Iran concludes. Fatih […]
January 2026 PCE: The inflation measure preferred by the Fed stayed persistently elevated
This article about the January 2026 PCE Inflation Report is being developed and will receive updates with more information. Consumers are still grappling with rising prices, as noted in recent reports. The Department of Commerce announced on Friday that the Personal Consumption Expenditure (PCE) index increased by 0.3% month-over-month in January, and by 2.8% year-over-year. […]
Authorities caution against swimming at any LA County beaches because of elevated bacteria levels
The Los Angeles County Department of Public Health has issued a warning for beachgoers to avoid swimming due to elevated bacteria levels potentially caused by recent rain. This advisory was released on Wednesday afternoon, and it will remain in effect until noon on Saturday, though it could be extended if further rain occurs. The health […]
The hidden reason Americans may encounter elevated beef prices for years
Beef Prices on the Rise Amid Smaller U.S. Cattle Herd As beef prices continue to climb and the size of the U.S. cattle herd reaches its lowest level in 75 years, experts caution that consumers shouldn’t expect a break any time soon. This significant reduction in cattle numbers stems from prolonged drought conditions, increased operational […]
Craig Morgan elevated to Chief Warrant Officer II at the Pentagon
Craig Morgan Promoted to Chief Warrant Officer II Country singer Craig Morgan has expressed a deep sense of honor after being promoted to Chief Warrant Officer II (CW2) in the Department of Defense. In a recent chat, he discussed the promotion ceremony, which was led by Army Secretary Pete Hegseth on January 15 at the […]
CNN Framed Trump’s More Positive Inflation Report More Negatively Than Biden’s Elevated Figures
Differences in Inflation Coverage by CNN Recently, CNN’s portrayal of inflation rates during the Biden and Trump administrations has drawn attention. In a post on X, they described the 6% inflation under former President Joe Biden more favorably than the 2.7% inflation rate during President Donald Trump’s tenure. In a March 14, 2023, article, CNN […]
Aishah Hasnie elevated to anchor and White House correspondent
Aisha Husney Promoted to Anchor and White House Correspondent FOX News Media has announced the promotion of Aisha Husney to the roles of anchor and White House correspondent. This was revealed by President and Editor-in-Chief Jay Wallace on Tuesday. Husney is set to host her own show every Saturday from 12 PM to 2 PM […]
Grocery prices are expected to stay elevated through Thanksgiving even after the tariff relief.
Even though President Trump recently lifted tariffs on items like beef and bananas, grocery prices are expected to stay high as we approach Thanksgiving. Coffee enthusiasts might have to wait until after Christmas for any price reductions, according to reports. Supermarkets, especially in New York City, had already started stocking up on holiday goods before […]