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Biden admin expected to offer California waiver to ban gas-powered cars by 2035: report

As President-elect Donald Trump prepares to roll back a number of green energy policies next year, the Biden administration is reportedly considering allowing California to ban new gas-powered vehicles in the state. There is. California has set emissions standards that would ban the sale of new gasoline-powered vehicles in the state by 2035, but would […]

Wholesale inflation comes in hotter than expected as food prices surge

U.S. wholesale costs rose sharply last month, showing that price pressures remain significant in the economy even as inflation has fallen from its peak level more than two years ago. The Labor Department said Thursday that the producer price index, which tracks inflation before it reaches consumers, rose 0.4% last month from October, up from […]

Producer Price Inflation Jumps Higher Than Expected

Prices paid to producers of U.S. goods and services rose rapidly in November, the latest sign that progress in curbing inflation is stalling and inflation is at risk of rising again. The Producer Price Index (PPI) rose 0.4% in November, the Bureau of Labor Statistics announced Thursday morning. This was a tenth of a point […]

FBI Director Christopher Wray expected to resign

FBI Director Christopher Wray is expected to announce his resignation and step down from his post. Fox News has learned that Wray is scheduled to make the announcement at an FBI town hall in Washington, D.C. Thousands of FBI agents from across the country are expected to participate virtually in the event. Ray was in […]