The February PCE Inflation Report Is More Positive Than It Appears
Underlying Inflation Falls to Lowest Level in Five Years The Bureau of Economic Analysis released a report on Wednesday indicating that the personal consumption expenditure price index increased by 0.4% in February, a slight rise from 0.3% in January. Notably, commodity prices rose by 0.7%, largely led by a 1.1% increase in durable goods. Items […]
Consumer Spending Increased Steadily in February
Consumer Spending Trends in February In February, U.S. consumer spending saw a notable rise as households increased their purchases of both goods and services. However, inflation continued to be a concern, and personal income experienced a slight decline, primarily due to reduced dividend income and government transfers compared to wages. According to the Commerce Department, […]
Terrifying new information about the fatal February avalanche in Tahoe area — including the revelation that the skiers had ‘airbag backpacks’ that failed to activate.
An equipment failure may have played a significant role in the tragic deaths of a group of backcountry skiers who were caught in a devastating avalanche near Lake Tahoe in February, which is considered one of California’s worst snow disasters. During a guided ski trip on Donner Summit Pass, nine skiers were killed when the […]
Retail Sales Exceed Predictions in February as Consumers Recover
U.S. Retail Sales Show Unexpected Strength in February Consumers in the U.S. seemed to regain their enthusiasm in February, with retail sales performing better than anticipated, putting an end to two months of disappointing figures. According to the Commerce Department, retail and food service sales climbed a seasonally adjusted 0.6% to reach $738.4 billion in […]
How a Rainy November in Yuma Contributed to Rising Inflation in February
Rising Inflation Signs Tied to Weather in Yuma, Arizona This week, what appeared to be a new indication of increasing inflation may have roots in Yuma, Arizona, from a few months ago. Renowned as America’s winter lettuce capital, Yuma provides about 90 percent of the leafy greens consumed in the U.S. and Canada between November […]
Apple News criticized for increasing coverage by conservative sources from 0% to 2% in February: ‘Damage control’
Last month, less than 2% of the top stories on Apple News came from right-leaning news outlets, which, while a slight improvement from 0% the previous month, was seen by a conservative watchdog as merely “damage control” amid concerns over possible federal scrutiny for media bias. Reports revealed that Apple faced criticism when a Media […]
Median rent in the US reaches a four-year low in February
The Big Money Show delves into the topics of mortgage rates, property taxes, and the challenges home sellers are currently facing. In February, rental prices showed some easing, with various metropolitan areas recording noticeable declines. The national median asking rent reached its lowest point in four years. Research from Realtor.com indicates that the median asking […]
Fox News Digital leads news brands in February for the 60th straight month
Fox News Leads Digital Engagement in February In February, Fox News Digital reaffirmed its dominance in the media landscape, garnering over 3.5 billion minutes of viewing time. This marked the 60th consecutive month leading all news brands and broadcast networks, as reported by ComScore. Additionally, it captured more than 1.7 billion multi-platform views, outpacing competitors […]
Industrial Production Exceeded Predictions in February as Surge in Capital Spending Persists
U.S. Industrial Production Sees Steady Growth In February, U.S. industrial production increased for the fourth month in a row, as reported by the Federal Reserve on Monday. Both manufacturing and mining output saw gains for the second consecutive month, which was better than what many economists had predicted. The headline figures might downplay the underlying […]
February 2026 employment update: US economy lost 92,000 jobs, significantly under projections
In February, the U.S. economy surprisingly lost jobs, with employers cutting 92,000 positions amid growing economic uncertainty. This figure sharply contrasts with the expectations of economists, who had anticipated a gain of 59,000 jobs. February 2026 Employment Report Highlights The Labor Department released a report indicating a 4.4% unemployment rate, slightly above the 4.3% predicted. […]