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Trump blames Biden for January inflation spike
New government data shows inflation is up 3% on an annual basis. In reaction to the hot report, President Trump blamed the surge on his predecessor, saying "BIDEN INFLATION UP!" Political ...CBS News - 15h -
A global coffee price spike is about to drip into your mug
Bad news at the breakfast table: Your morning cup of coffee could soon be getting more expensive.NBC News - 16h -
Trump's plan to scrap the penny spikes interest for coin collectors
Collectors said the value of certain pennies could rise if the U.S. Treasury stopped manufacturing the coin.CBS News - 16h -
How CD interest rates could be impacted by the inflation rise
High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.CBS News - 20h -
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.NBC News - 21h -
Investors rush to protect against Wall Street ‘volatility spikes’
US stocks have risen this year, but traders are hedging against big swings induced by Trump’s erratic policymakingFinancial Times - 22h -
Elon Musk defends federal cuts, insists he has no conflict of interest
During a joint press conference appearance with President Trump Tuesday in the Oval Office, Elon Musk said his DOGE group was fighting waste, and defended the deep cuts that he has been making. ...CBS News - 1d -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 1d -
What Deebo Samuel's trade request means for the 49ers ... and who might be interested
The dynamic receiver/running back wants to move on after another struggling season.ESPN - 1d -
As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.NBC News - 1d -
Trump's order to discontinue the penny doesn't add up: Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.ABC News - 1d -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - 1d -
Trump counts pennies while Social Security and Medicare burn
Trump’s latest idea may be popular, but won’t get us far.MarketWatch - 1d -
How useful is the penny?
President Trump announced Sunday that he ordered the U.S. Mint to stop printing the U.S. penny, saying it "literally cost us more than two cents." Trump's action is the latest move in a ...CBS News - 2d -
Trump directs Treasury to stop minting new pennies, citing cost
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.CBS News - 2d -
Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 2d -
Making sense of the penny debate as Trump calls for halt in production
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. NBC News’ Brian Cheung explores the spirited ...NBC News - 2d -
Democrats demand conflict-of-interest answers over Elon Musk ‘Doge’ role
Adam Schiff warns in letter to White House that Trump ally may use role to ‘shield his companies from federal scrutiny’. The California senator Adam Schiff has demanded answers about Elon Musk ’s ...The Guardian - 2d -
What the end of the penny means for prices and your piggy bank
Talk to end the penny’s production has been bandied about for decades among government officials and economists.NBC News - 2d -
Report: Saints are expected to have interest in Brandon Staley as their DC
The Saints haven't yet officially hired Kellen Moore as their new head coach, but once that happens, the team has strong interest in Brandon Staley as their defensive coordinator, Mike Silver of ...Yahoo Sports - 2d -
Colorado's Polis backs Trump's halt on penny production: 'Great move'
Colorado Gov. Jared Polis (D) on Monday backed President Trump’s direction to halt penny production, calling it a “great move.” On Sunday, Trump announced that he had requested that the Treasury ...The Hill - 2d -
Schiff presses White House on Musk conflicts of interest, ethics
Sen. Adam Schiff (D-Calif.) pressed the White House on Monday for information about Elon Musk’s compliance with conflict of interest, ethics and reporting requirements, as the tech billionaire ...The Hill - 2d -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - 2d -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 2d -
Trump Orders Treasury to Halt Minting New Pennies to Cut Waste
Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”The New York Times - 2d -
As egg prices spike, some see an opportunity that’s tough to beat
But it might already be too late not only to buy chickens and start a production facility but even to make a profit on shares of egg giant Cal-Maine.MarketWatch - 3d -
Trump to set tariffs on aluminum and steel; orders end of of pennies
President Donald Trump announces that “any steel coming into the United States is going to have a 25% tariff” as the fate of the penny hangs in the balance after he instructs the Treasury to stop ...NBC News - 3d -
Vance Challenges Courts’ Power, and Trump Targets the Penny
Plus, why golden retrievers keep losing.The New York Times - 3d -
No more minting 'wasteful' pennies, Trump tells Treasury
The US President cites rising costs as the reason for discontinuing production of the one cent coinBBC News - 3d -
Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.MarketWatch - 3d -
Trump directs Treasury to stop making pennies
President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...The Hill - 3d -
Bolton says DOGE cuts hurt ‘long-term American interests’
President Trump’s former national security adviser John Bolton said during an interview that some of the proposed Department of Government Efficiency (DOGE) cuts could hurt “long-term American ...The Hill - 4d -
Concerns spike over weak condition of latest 3 hostages released by Hamas
The frail condition of the latest three Israeli hostages released by Palestinian militant group Hamas on Saturday as part of the fragile three-weeks-old ceasefire agreement has raised concerns. ...The Hill - 5d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 5d -
Unemployment spiked for Black men in January as more joined the labor force
Black men saw their unemployment rate spike to 6.9% from 5.6% in January, bucking the overall unemployment rate trend for the country.CNBC - 5d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 5d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 6d -
Andreessen Horowitz Defends Hiring Daniel Penny
Mr. Penny, who was acquitted after choking a mentally ill subway passenger who died, was hired to join the firm’s American Dynamism investment team.The New York Times - 6d
