Inflation, as measured by the producer price index, rose 3% the year ending in December, the Bureau of Labor Statistics reported Friday. The report indicates that inflation tracked by the PPI still remains a full percentage point above the Federal Reserve‘s target. Economists have been examining producer price index reports and other inflation reports for indications that President Donald Trump’s tariffs have driven up certain […]
Federal officials have arrested former CNN host Don Lemon for his presence at an anti-ICE protest in a Minnesota church during a Sunday service. The Thursday evening arrest, reported by the New York Times, comes after Lemon said he was there in his capacity as a journalist to report on the protest. He’s charged with […]
President Donald Trump has named former Fed governor Kevin Warsh to be the next Federal Reserve chairman. Warsh, 55, would replace current Fed Chairman Jerome Powell when his term is up. The pick was announced in advance of Powell’s departure in May, as expected by Fed watchers. “I have known Kevin for a long period […]
February 2026 Supplemental Security Income payments, worth up to $994, will be issued to recipients today. SSI payments are typically issued on the first day of a month. However, February’s payment will go out on Jan. 30. When the first of a month falls on a weekend or holiday, SSI payments are issued on the […]
The first round of February Social Security payments for retirees, now capped at $5,108, will be issued in 12 days. When will payments arrive? Retirees born on or before the 10th of a month will receive this payment on Feb. 11. The second round will go out on Feb. 18 to those born between the […]
The Supreme Court will soon hear a landmark challenge over precisely who can enjoy the birthright citizenship granted under the 14th amendment, and the Trump administration and its allies are urging the high court to side with the president’s view. President Donald Trump issued an executive order on Jan. 20, 2025, claiming that birthright citizenship […]
MINNEAPOLIS — Within hours of White House press secretary Karoline Leavitt’s announcement on Monday that White House border czar Tom Homan would be the point man for immigration operations in Minnesota, Homan and two other top homeland security officials were on the ground in what had become an embattled city, beginning to work on a comeback […]
A long history of underinvestment, extreme political risk, and organized crime. These are just some of the issues that U.S. oil and minerals companies might face if they were to set foot into Venezuela now that there appears to be a ray of light following the removal of the country’s dictator, Nicolas Maduro. The longtime […]
A significant ingredient of President Donald Trump‘s foreign policy during his second term is keeping other nations off balance. Whether allies, enemies, or nations worried about becoming the latter, the collective international inability to predict what Trump will do next anywhere in the world has left many nations wondering whether to extend a presidential invite […]
For years, monetary doves have challenged hawks worried about the dominance of the U.S. dollar as the world’s reserve currency, with a very good question: What sovereign currency could replace it? As it turns out, the answer is none of the above. But that doesn’t mean the greenback isn’t being replaced. After the single-worst year […]