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January 2026 PCE: The inflation measure preferred by the Fed stayed persistently elevated

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. […]

Fear of Rising Tariffs Eased as Prices of Consumer Goods Drop in January

Fear of Rising Tariffs Eased as Prices of Consumer Goods Drop in January

Consumer Goods Prices Drop While Overall PPI Rises In January, prices that U.S. producers get for consumer goods saw a significant drop, even though the overall producer price index (PPI) increased, marking its highest rise in four months. This disparity raises questions about how tariffs are affecting American household budgets. According to data from the […]

JPMorgan confirms it closed Trump’s accounts after the January 6 Capitol riot

JPMorgan confirms it closed Trump’s accounts after the January 6 Capitol riot

JPMorgan Acknowledges Closure of Trump’s Accounts JPMorgan Chase & Co. has, for the first time, confirmed that it closed the bank accounts belonging to President Donald Trump and several of his businesses. This decision appears to be tied to the political and legal aftermath following the January 6, 2021, uprising at the U.S. Capitol. It’s […]

January job report greatly exceeds predictions with 130,000 new jobs added

January job report greatly exceeds predictions with 130,000 new jobs added

US Job Market Surprises with Positive Gains The latest jobs report for January has defied expectations, showing significant growth in employment across various metrics. In total, employment surged by 130,000, nearly double what was necessary just to keep up with population growth. More encouragingly, the labor force expanded by around 400,000, as more individuals entered […]

Tax fraud begins in January with phony IRS messages aimed at Americans

Tax fraud begins in January with phony IRS messages aimed at Americans

Tax season doesn’t really start in April; for scammers, it begins as soon as January rolls around. While you might be waiting for your W-2 or 1099, cybercriminals waste no time bombarding people with fake IRS messages, alerts about “refund problems,” and account verification scams. These scams often look surprisingly legitimate, which is, unfortunately, by […]

Trump’s team conducts nationwide surge, resulting in 507 arrests in January

Trump's team conducts nationwide surge, resulting in 507 arrests in January

Joint Homeland Security Task Force Arrests Over 500 in January Operation In January, the Joint Homeland Security Task Force (HSTF) conducted an extensive operation, resulting in the arrests of over 500 individuals as part of a significant resource allocation effort. This task force is a collaboration between the Department of Homeland Security’s Homeland Security Investigations […]