Inflation increases modestly in May as tariffs influence some prices
May inflation eased overall price pressures with a 0.1 percent monthly rise and a 2.4 percent year over year gain. Core prices rose 2.8 percent from the prior year while groceries and certain imported goods climbed but gas and travel costs eased. Analysts warn tariffs may lift inflation later, though the Fed target remains unmet.
MENTIONED IN THIS ARTICLE
Washington
Uss
Labor Department
Donald Trump
Trump
U.S
Sarah House
Wells Fargo
Cern
House
Federal Reserve
Mayors urge end to stepped up raids in LA region
Dozens of Los Angeles area mayors demand the Trump administration halt intensified raids and removal of armed troops. National Guard detains civilians during protests as governors push for emergency court action. Police report curfew enforcement, numerous arrests, and protests spreading to Dallas Austin Chicago and New York City.
MENTIONED IN THIS ARTICLE
Los Angeles
Trump
U.S
Donald Trump
National Guard
el Monte
Jessica Ancona
California
Gavin Newsom
Truth
Army
Scott Sherman
L.A
Karen Bass
Dallas
Austin
Texas
Chicago
New York
New York City
Lower Manhattan
House votes again on do-over budget bill amid GOP pivot
The Republican led House moved to a do-over vote on President Trump’s broad budget bill using reconciliation to bypass delays. Amendments would remove a covid era tax credit clawback and trim health care spending while preserving large corporate tax cuts, prompting GOP members to back the measure once more and set up transmission to the Senate.
MENTIONED IN THIS ARTICLE
House of Representatives
Donald Trump
GOP
Senate
Rep
Hakeem Jeffries
Chuck Schumer
Jeffries
House
Weinstein convicted on top charge in retrial at Manhattan
Harvey Weinstein, 73, was found guilty of forcibly subjecting Miriam Haley to a criminal sex act in 2006 while being acquitted on another criminal sex act charge. Jurors still could not reach a verdict on Jessica Mann rape allegations as deliberations continued.
MENTIONED IN THIS ARTICLE
Weinstein
New York
Harvey Weinstein
Hollywood
Manhattan
Miriam Haley
Jessica Mann
Also Mentioned on This Page
Kimberly Hernandez
Jaslyn Hernandez
Culver City
Calif
Associated Press
Sherman
Cleae
Celestina
ICE
State Court
N.Y
New York Post
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