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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 […]

Trump, GOP expected to undo Biden's divisive nursing home rule

Republicans are expected to roll back the Biden administration's controversial nursing home staffing rules before they take effect. The measure would come as a relief to the nursing home industry, which has argued that the mandate does not adequately address current workforce challenges. But consumer advocates and public health experts who have fought to keep […]

Christmas will be warm and bright, with no snow expected

The recent cold wave is changing, bringing with it a warming trend and hopes of snow on the ground for Christmas are about to disappear. Fox Weather meteorologist Cody Blood said it may be too early to tell whether snow will fall in the New York City area on Dec. 25, but it's not likely. […]

Music Artists Expected to Lose Nearly 1/4 of Income Due to Artificial Intelligence

Artificial intelligence technology is poised to wreak havoc on the music industry, with new research predicting that recording artists can expect to lose nearly a quarter of their income over the next four years to AI. the study, released The International Confederation of Authors and Composers (CISAC) released a study on Wednesday that says unless […]