Latest in Testifies Congress Inflation
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US inflation unexpectedly increases
US inflation increased by more than expected last month, pushing up the cost of living for Americans.BBC News - 5h -
El Salvador's Congress votes to eliminate public campaign financing
Lawmakers in El Salvador have taken advantage of a newly streamlined constitutional reform process to eliminate public financing of political campaigns, making good on a promise of President Nayib ...ABC News - 5h -
Inflation accelerated in January, CPI report finds
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily. Martin ...CBS News - 7h -
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 - 8h -
Stock Market Falls After Inflation Report
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.The New York Times - 11h -
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.CNBC - 13h -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - 1d -
Luis Rubiales, Spain’s Former Top Soccer Official, Testifies About Kissing Star Player
Luis Rubiales said at his sexual assault trial that he had asked permission to kiss the star player Jennifer Hermoso after the country’s national team won the 2023 Women’s World Cup.The New York Times - 1d -
House GOP approves bill to expand Congress’s power to undo Biden-era rules
The House on Wednesday voted to dramatically expand Congress’s ability to roll back regulations passed by the prior administration, a move by the GOP to crush a number of new rules passed in the ...The Hill - 10h -
US inflation unexpectedly increases to 3% in January
Figure bolsters case for Federal Reserve proceeding slowly with interest rate cutsFinancial Times - 11h -
CPI Report: Inflation Rose Unexpectedly in January
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.The New York Times - 12h -
Rosa DeLauro: Congress, Not Trump, Controls the Money
It is right there, as clear as day in Article I, Section 9, Clause 7, that the legislature controls the money.The New York Times - 12h -
Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 14h -
Watch live: Powell testifies before House on state of US economy
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...The Hill - 18h -
Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.CNBC - 20h -
Markets may be underestimating how much inflation will fall this year
It is not just tariffs that might affect growth but also trade uncertainty and the effects of the Trump policy agendaFinancial Times - 1d -
Some House Republicans ask Congress to make California wildfire aid conditional
A group of House Republicans is asking Congress to include the rollback of California environmental standards as a condition of the state receiving federal wildfire aid. Andy Picon, reporter at E&E ...CBS News - 1d -
Trump's signature issue is at the center of Congress' fight over his agenda: From the Politics Desk
House and Senate Republicans remain on a collision course over Donald Trump’s agenda. And the president’s signature issue is at the center of it.NBC News - 1d -
‘I Was Dying’: Salman Rushdie Testifies About Terrifying Stabbing Attack
The author recounted in vivid testimony the moment when an attacker stabbed him about 15 times as he was about to give a lecture in western New York.The New York Times - 1d -
Salman Rushdie testifies that he feared he was dying during stabbing attack
Salman Rushdie described in graphic detail Tuesday the frenzied moments in 2022 when a masked man rushed at him on a stage in western New York and repeatedly slashed him with a knife, leaving him ...NBC News - 1d -
Rubiales testifies he asked to kiss Hermoso
Former Spanish soccer federation president Luis Rubiales, accused of trying to downplay a kiss on Jenni Hermoso, is set to testify before a judge on Tuesday.ESPN - 1d -
How Jerome Powell testified on Capitol Hill
Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's Department of Government Efficiency (DOGE) accessing the personal information of ...CBS News - 1d -
Fed Chair Jerome Powell testifying before Congress
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...CBS News - 1d -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 1d -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 1d -
Spain coach testifies Hermoso wasn't punished
Spain women's coach Montse Tomé told a judge Monday she was not trying to punish Jenni Hermoso by omitting her from the national team in the fallout of the kiss by former football federation ...ESPN - 2d -
Treasury yields finish mixed as investors await Powell testimony, inflation data
Yields on U.S. government debt held to a tight range despite President Donald Trump’s plan to impose 25% tariffs on imports of steel and aluminum, with investors looking ahead to a busy week of ...MarketWatch - 2d -
How Democrats in Congress are tackling Trump's massive government changes
Democrats in Congress are working on messaging and other moves to confront President Trump's changes as he settles into his second term in the White House. CBS News' Taurean Small reports from ...CBS News - 2d -
Trump brings members of Congress to Super Bowl
President Donald Trump is at the Caesars Superdome in New Orleans watching the Super Bowl, marking the first time a sitting president appears at the game.ABC News - 2d -
Rep. Ilhan Omar says GOP "doesn't have the numbers" to dismantle USAID through Congress
Rep. Ilhan Omar said the executive branch's recent actions have created a "constitutional crisis."CBS News - 3d -
Rep. Ilhan Omar says Trump federal gutting doesn't "have the support" among GOP in Congress
Democratic Rep. Ilhan Omar of Minnesota tells "Face the Nation with Margaret Brennan" that as the Trump administration has steamrolled forward with executive orders to dismantle USAID and the ...CBS News - 3d -
Congress should stop researching data center threats and start protecting them
It’s crucial that data center operators be prepared to counter adverse events.The Hill - 3d -
Is US inflation on the way down?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
China’s inflation accelerates after rise in lunar new year demand
Producer prices contract for 28th month as threat of US trade war clouds economic outlookFinancial Times - 4d -
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Congress must prevent a mass-amnesty for COVID fraud
Don't give criminals and fraudsters a “get out of jail free” card for COVID fraud.The Hill - 4d -
State Department announces $7B arms sale to Israel after Congress blocked initial deal
The Trump administration announced a $7 billion arms sale to Israel, including munitions and missiles, just days after Congress blocked an initial deal. The State Department said Friday that it ...The Hill - 4d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - 6d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 6d