Latest in Claims Inflation
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How far back can the IRS claim you owe money?
The IRS can't collect most back taxes indefinitely. Here's how long the agency has to collect on money you owe.CBS News - Feb. 27 -
After Insults and False Claims, Trump to Host Zelensky for Minerals Deal
President Trump will meet with President Volodymyr Zelensky of Ukraine on Friday after falsely asserting that Ukraine started the war with Russia and calling him a “dictator without elections.”The New York Times - 6d -
DOGE Claims Credit for Killing Contracts That Were Already Dead
Elon Musk’s group claimed credit for canceling procurement agreements that had been completed years earlier, the latest in a string of public errors on its site.The New York Times - 4d -
Jay-Z Sues Rape Accuser and Lawyers, Saying They Knew Claim Was False
The anonymous woman withdrew her sex abuse suit last month, but the entertainer says in court papers she has since admitted her account was fabricated. She and her lawyer deny that.The New York Times - 2d -
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Jay-Z sues woman who dropped rape claim against him
His defamation action says she admitted being pressured into making false claims, in an "evil conspiracy".BBC News - 2d -
He Fought Claims of Harm From Infant Formula. Now He Regulates It.
Kyle Diamantas, a former corporate lawyer, is the new director for the F.D.A. food division, which oversees infant formula. He defended a top maker in cases claiming the company had not warned of ...The New York Times - 2d -
Fact-Checking Trump’s Claims on Tariffs, Ukraine and DOGE Before Address to Congress
The president has repeatedly made false or misleading claims in pursuing an aggressive agenda in the first weeks of his second term.The New York Times - 1d -
Trump claims the U.S. is spending more money on Ukraine than Europe
President Trump called out Europe for their spending on Ukraine, claiming the U.S. has spent significantly more. He went on to say that Europe has spent "more money buying Russian oil and gas."NBC News - 1d -
Fact-checking Trump's claims on Social Security fraud, DOGE cuts
President Trump made claims during his address to Congress about apparent fraud in the Social Security system. Mr. Trump also touted the work by the Department of Government Efficiency, which is ...CBS News - 1d -
Nigerian senator suspended after making sexual harassment claims
Natasha Akpoti-Uduaghan had accused Senate President Godswill Akpabio of sexual harassment.BBC News - 4h -
Jobless Claims Dip Despite Rising Fears of an Economic Slowdown
Data shows that new unemployment filings are dropping despite worries that Trump policies may be endangering GDP growth prospects.Inc. - 3h -
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 - Feb. 20 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - Feb. 21 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - Feb. 25 -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - Feb. 27 -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - Feb. 27 -
Most Americans say income is not keeping up with inflation, CBS News poll finds
Most Americans believe their incomes aren't keeping pace with inflation, according to a new CBS News poll. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.CBS News - 6d -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 6d -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 3d -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 3d -
Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem
The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto Musalem said Monday.CNBC - 3d -
Trump's Mexico, Canada tariffs are 'clearly' going to cause inflation, says shipping giant Maersk
There will 'clearly' be an inflationary impact from President Trump's tariffs on Mexico, Canada and China, according to shipping giant Maersk.CNBC - 2d -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 1d -
Weakening UK demand could help bear down on inflation, says BoE governor
Andrew Bailey plays down risks of self-reinforcing acceleration in price growthFinancial Times - 1d -
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low
Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023Financial Times - 8h -
Should you open a high-yield savings account with inflation rising again? Here's what experts think.
A high-yield savings account can help offset some higher costs due to rising inflation. Here's what to know now.CBS News - 4h -
Supermarket giant Kroger says egg prices jumped 70% — but it’ll handle inflation from tariffs better than others
Kroger’s stock rose Thursday after the supermarket giant said it’s better suited than others to handle the impact of trade tariffs, since many of its wares come from domestic sources.MarketWatch - 3h -
Big swings, big misses: DOGE struggles to back up its outsized claims
A series of announcements by DOGE and claims by Musk and Trump about the agency’s efforts have crumbled under scrutiny, even as they’re repeated by the White House.NBC News - Feb. 19 -
Canada defeats USA in overtime to claim hockey's first 4 Nations Face-Off title
Canada defeated USA Thursday to win the first-ever 4 Nations Face-Off hockey tournament, capping what had become a heated and politically charged event.NBC News - Feb. 21 -
Elon Musk in row with Danish astronaut over claim Biden abandoned ISS pair
Musk claimed without evidence Nasa’s Butch Wilmore and Suni Williams were left stranded on orbital outpost for ‘political reasons’. Elon Musk has become embroiled in a heated row with a Danish ...The Guardian - Feb. 21 -
Trump 'doesn't care' what happens to Ukraine, former foreign minister claims as U.S.-Kyiv relations sour
U.S. President Donald Trump doesn't appear to be concerned about Ukraine's post-war future, the country's former Foreign Minister Dmytro Kuleba told CNBC.CNBC - Feb. 21 -
Coinbase claims victory over ‘rogue’ SEC. So what’s next for crypto regulation?
The company says the U.S. government has more to do to foster crypto innovation, and an analyst notes there are still lingering regulatory matters for Coinbase at the state level.MarketWatch - Feb. 21 -
Middle East crisis live: Israel claims Hamas killed Bibas children with their ‘bare hands’
Statement from IDF spokesman contradicts Hamas claim the family was killed in an airstrike. One of the four bodies returned by Hamas to Israel on Thursday is not that of Shiri Bibas, Israel’s ...The Guardian - Feb. 21 -
Are 150-year-olds collecting social security? What to know about Musk's claims
Elon Musk says the Department of Government Efficiency has found rampant fraud at the Social Security Administration. But that may not be the case, and an aging computer system could instead be to ...CBS News - Feb. 21 -
Steve Smith infidelity accusation goes viral as X user claims former NFL player had affair with his wife
Steve Smith had an interesting Saturday.Yahoo Sports - Feb. 23