Latest in Inflation jumps on food, air fares and school fees
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FDA’s Food Safety Chief Resigns
The chief said the loss of critical employees overseeing the nation’s food supply made his work impossible. Robert F. Kennedy Jr., the nation’s new health secretary, has pledged to gut the division.The New York Times - 3d -
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI
Chinese tech group says it will spend more on artificial intelligence in next three years than over past decadeFinancial Times - 17h -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - 1d -
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Teenager plotted mass shooting at Edinburgh school
The boy, now 17, was obsessed with the Columbine High School massacre in the US, which saw 12 students and a teacher murdered.BBC News - 10h -
Natural-gas ETFs have quietly outshined the broader market so far in 2025. Is it time to jump in?
Energy ETFs have quietly outperformed the U.S. stock market in 2025, driven by the strength of natural gas.MarketWatch - 1d -
Couple takes in Senegalese high school basketball player left homeless by private school closure
Ama Sow, a young boy from Senegal, West Africa, had dreams of playing basketball in America. A private high school in Pittsburgh sponsored him, but then went out of business, leaving Sow homeless. ...CBS News - 54m -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - 1d -
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies
Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.Inc. - 1d -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - 7h -
WATCH: Los Angeles public schools begin ban on cellphones
The Los Angeles Unified School District's ban also includes smart watches and glasses, and some parents are critical of the new rule.ABC News - 2d -
Gayming Awards 2025 to air on WOW Presents in fifth year
The Gayming Awards 2025 show will air on WOW Presents on July 8 as the event enters its fifth year.VentureBeat - 2d -
Right-Wing Media Praises U.S.-Russia Talks as ‘Breath of Fresh Air’
Many of President Trump’s media allies were quick to celebrate this week’s negotiations, a contrast to the deep unease expressed by the foreign policy establishment.The New York Times - 1d -
Trump vents frustration with Boeing over Air Force One delays
President Trump is airing grievances with Boeing over delays in delivering new Air Force One jets, telling Republican governors on Thursday he was “getting a little tired” of the hold up. “I bought ...The Hill - 1d -
Amid Navy's demand for subs, recruitment efforts for shipbuilders begins in schools
It's part of a national effort by shipyards and the Navy to bring on 100,000 skilled workers over the next 10 years.CBS News - 1d -
South Sudan closes schools after students collapse due to extreme heat
South Sudan has announced the closure of all schools for two weeks due to an ongoing extreme heatwave that has caused some students to collapseABC News - 16h -
DOGE claims credit for $4M sale of school building during Biden presidency
DOGE touted the sale of a historic Washington, D.C., property that had been boarded up for years — but the auction happened before President Trump took office.CBS News - 8h -
Layoffs hit FAA employees tasked with producing air traffic navigation maps
Terminated probationary employees at the FAA include some who work on the team responsible for producing air traffic navigation maps, sources told ABC News.ABC News - 3h -
Trump officials want to ban junk food from SNAP. Past efforts show it's not easy to do
A push to ban sugary drinks, candy and more from the Supplemental Nutrition Assistance Program may soon get a boost from new Trump Administration officialsABC News - 2d -
This USAID Program Made Food Aid More Efficient for Decades. DOGE Gutted It Anyways
The Famine Early Warning Systems Network is one of USAID’s most data-driven programs, but its work has been stalled by the Trump administration.Wired - 2d -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - 1d -
Emergency Food, TB Tests and H.I.V. Drugs: Vital Health Aid Remains Frozen Despite Court Ruling
The Trump administration appears to be flouting a judge’s order pausing the dismantling of U.S.A.I.D.The New York Times - 23h -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - 22h -
Most say health care costs, inflation biggest issue facing Americans: Pew
A new survey from Pew Research Center has found that most Americans think inflation, health care cost, and the federal budget deficit are major issues confronting the nation. Of those polled, 45 ...The Hill - 11h -
Firings at FDA Decimated Teams for AI and Food Safety. Those Hires Are Now Gone.
Teams evaluating high-tech surgical robots and insulin-delivery systems were gutted by Trump layoffs even though industry fees, not taxpayers, financed the employee salaries.The New York Times - 8h -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - 7h -
Illinois gov. to back 'screen-free schools' and join trend to ban cellphones in class
Illinois Gov. JB Pritzker is planning to endorse a statewide ban on cellular devices in public schoolsABC News - 2d -
Americans’ confidence in air travel falls after string of plane crashes, poll shows
Survey indicates 64% of Americans believe flying is safe, down from 71% who said so last year. Americans’ confidence in aviation has slipped following a string of plane crashes in 2025, according ...The Guardian - 1d -
Trump is 'not happy' with Boeing over Air Force One delays, but airlines are growing upbeat
President Trump has expressed frustration about delays of new Air Force One aircraft from Boeing.CNBC - 1d -
With Just 3 Words, Delta Air Lines Taught a Powerful Lesson in Handling a Crisis
The airline is offering affected customers $30,000 without forcing them to give up their rights.Inc. - 12h
