Tag: inflation
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Media Monitor: TIME Reports Federal Reserve Raises Rates Under New Chair Kevin Warsh, Drawing Trump's Ire
TIME reports Federal Reserve Chair Kevin Warsh led a unanimous rate hike, the first since 2023, prompting sharp criticism from President Donald Trump, who blamed the board.
Politics and GovernmentBusinessScience & TechnologyWhite HouseFederal GovernmentEconomyFinancial MarketsArtificial Intelligence Kevin WarshFederal Reserveinterest ratesDonald TrumpinflationBernie SandersSteve BannonTIME magazine
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Federal Reserve Raises Interest Rates for First Time in Three Years to Cool Inflation
The Federal Reserve raised interest rates for the first time in three years to cool inflation driven by rising energy prices, a move most Americans will feel through loan and credit card rates.
BusinessHealthScience & TechnologyEducationEconomyBankingArtificial IntelligenceMedical ScienceEntertainmentMusic Federal Reserveinterest ratesinflationWhartonPenn Medicinelong-term care
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Federal Reserve Raises Interest Rates to 3.75-4 Percent
The Federal Open Market Committee voted 12-0 to raise the federal funds rate by a quarter point to 3-3/4 to 4 percent, citing elevated inflation and solid economic growth.
BusinessPolitics and GovernmentUSAEconomyBankingFederal GovernmentFinancial MarketsEmployment and Labor Federal ReserveFederal Open Market Committeefederal funds rateinterest ratesinflationmonetary policyFOMC statement
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Media Monitor: NPR Reports Federal Reserve Raises Interest Rates for First Time in Over Three Years
NPR reports the Federal Reserve raised its benchmark interest rate Wednesday to fight stubborn inflation, making borrowing more expensive for cars and credit card balances.
BusinessPolitics and GovernmentUSAEconomyBankingFinancial MarketsFederal Government Federal Reserveinterest ratesinflationbenchmark interest rateborrowing costscredit cardsauto loansNPR
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Media Monitor: NPR Reports Federal Reserve Raises Interest Rates for First Time in Over Three Years
NPR reports the Federal Reserve raised its benchmark interest rate Wednesday to fight stubborn inflation, making borrowing more expensive for cars and credit card balances.
BusinessUSAEconomyBankingFinancial MarketsFederal Government Federal Reserveinterest ratesinflationbenchmark interest rateborrowing costscredit cardsauto loansNPR Breaking NewsNPR
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Media Monitor: Fed Raises Interest Rates by Quarter Point, Its First Hike in More Than 3 Years
The Washington Post reports the Federal Reserve raised its benchmark rate by a quarter point to tackle inflation, its first increase in over three years, despite President Trump's calls to lower rates.
BusinessPolitics and GovernmentEconomyBankingFinancial MarketsFederal Government Federal Reserveinterest ratesinflationDonald Trumpbenchmark rateborrowing costsWashington Post
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U.S. Import Prices Rise 0.7% in August on Higher Nonfuel Prices; Export Prices Up 0.6%
U.S. import prices climbed 0.7% in August after a 0.3% July drop, while export prices rose 0.6% following a 1.4% decline. Over 12 months, import prices gained 7.0% and export prices 8.6%.
BusinessPolitics and GovernmentUSAEconomyTradeFederal GovernmentFinancial Markets Bureau of Labor Statisticsimport pricesexport pricesU.S. economyinflationnonfuel pricesImport and Export Price Indexes
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Media Monitor: Trump Marks 9/11 Anniversary at Pentagon as GOP Holds First Midterm Convention
Newsweek reports Trump commemorated 25 years since 9/11 at the Pentagon, headlined the GOP's first midterm convention in Dallas, and said the Iran war will run past November.
Politics and GovernmentBusinessMediaConflictRepublican PartyDemocratic PartyEconomyFinancial MarketsMiddle EastElection Donald TrumpSeptember 11 attacksPentagonGOP midterm conventioninflationIran warJimmy KimmelNewsweek
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Media Monitor: Newsweek Reports on 9/11 Anniversary Speech, Inflation and Diesel Prices, and Missouri Redistricting Ruling
Newsweek reports Trump marked the 25th anniversary of 9/11 at the Pentagon, inflation stayed elevated as diesel hit a record high, and a Supreme Court ruling blocked Missouri's GOP map.
Politics and GovernmentBusinessHealthMediaUSAWhite HouseEconomyFinancial MarketsElectionLegal September 11 anniversaryDonald TrumpPentagoninflationdiesel pricesMissouri redistrictingKash PatelNewsweek
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Virginia General Fund Revenues Up 5.4% Year-to-Date Through August
Governor Spanberger says August revenues rose 2.8% and year-to-date collections grew 5.4%, ahead of forecast by 1.8%, driven by strong sales tax receipts.
Politics and GovernmentBusinessUSAState GovernmentsEconomyFinancial MarketsGeneral Politics VirginiaAbigail SpanbergerGeneral Fund revenuesMark D. Sicklessales taxstate budgetinflationReston
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US Consumer Prices Rise 0.4% in August as Gasoline Climbs
BLS reports the Consumer Price Index for All Urban Consumers rose 0.4% in August and 3.4% over 12 months, with core prices up 0.3% for the month and 2.4% for the year.
BusinessEconomyFederal GovernmentFinancial MarketsUSA Consumer Price IndexBureau of Labor Statisticsinflationgasoline pricesAll Urban ConsumersUnited States economy
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Producer Price Index for final demand rises 0.4% in August as goods prices climb 1.1%
The Producer Price Index for final demand rose 0.4 percent in August, with goods prices up 1.1 percent and services up 0.1 percent. Final demand prices climbed 5.4 percent over 12 months.
BusinessPolitics and GovernmentEconomyFederal GovernmentFinancial Markets Producer Price IndexBureau of Labor Statisticsfinal demand goodsfinal demand servicesinflationAugust 2026U.S. economy
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Media Monitor: Wall Street Journal Editorial Board Addresses Meta, Judicial Nominee, and Inflation Tax
The Wall Street Journal Editorial Board is reporting on a potential $1.4 trillion state tort raid on Meta, a new judicial nominee, and the impact of inflation on capital gains taxes.
Politics and GovernmentBusinessMediaGeneral PoliticsEconomyLegalEducationMiddle EastLatin America MetaSocial MediaJudicial NominationsInflationCapital Gains TaxMexicoDonald TrumpWall Street Journal Editorial Board
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Media Monitor: FactCheck.org Debunks Trump's Latest Vaccine and Economic Claims
FactCheck.org reports President Trump made false claims about childhood vaccines, including the MMR shot and dose requirements. It also found his inflation boast deceptive and clarified other political statements and policy changes.
Politics and GovernmentHealthBusinessMediaGeneral PoliticsWhite HouseFederal GovernmentEconomyMedical ScienceElection Donald TrumpVaccinesMMR vaccineFact-checkingHealthcareInflationMedicaidFactCheck.org
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Media Monitor: PolitiFact Debunks Trump Vaccine Claims, Analyzes President's Focus on Construction, Reports on Midterm Misinformation
PolitiFact is reporting on President Trump's debunked vaccine claims, an analysis of his frequent discussions of construction projects, and fact-checks related to midterm elections and press freedom.
Politics and GovernmentHealthMediaBusinessGeneral PoliticsWhite HouseElectionEconomyMedical ScienceArtificial Intelligence Donald TrumpVaccinesFact-checkingConstruction ProjectsMidterm ElectionsPress FreedomInflationPolitiFact
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Media Monitor: NPR Reports on Easing Inflation, Colombia Earthquake, ICE Tech, and White House Departure
NPR is reporting on easing inflation, a deadly earthquake in Colombia, new high-tech gloves for ICE officers, and a White House staff change. It also covers a University of Michigan policy shift.
Politics and GovernmentBusinessHealthWorldGeneral PoliticsEconomySocial IssuesLatin AmericaEducation InflationColombia EarthquakeImmigration EnforcementUniversity of MichiganWhite House PersonnelDonald TrumpMigrant ChildrenNPR Breaking NewsNPR
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Media Monitor: Wall Street Journal Editorial Board Reports on NYC Labor, Inflation, China, and Wisconsin Politics
The Wall Street Journal Editorial Board is reporting on New York City's potential ban on subcontracting delivery workers, July's low inflation figures, the legacy of former Chinese Premier Zhu Rongji, and a Wisconsin primary election outcome.
Politics and GovernmentBusinessScience & TechnologyEntertainmentGeneral PoliticsEconomyEmployment and LaborArtificial IntelligenceElectionAsia New York CityAmazonTeamstersInflationFederal ReserveZhu RongjiWisconsin PrimaryWall Street Journal Editorial Board
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CPI for all items increases 0.1% in July; shelter rises
The Consumer Price Index for All Urban Consumers rose 0.1% in July, with a 3.4% increase over the last year. Core inflation, excluding food and energy, climbed 0.2% for the month and 2.5% annually, according to the Bureau of Labor…
BusinessPolitics and GovernmentEconomyFederal GovernmentEnergyReal Estate Bureau of Labor StatisticsConsumer Price IndexCPIInflationJuly
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Media Monitor: PolitiFact fact-checks Michigan Senate race claim and Trump's inflation remarks
PolitiFact reports on Republican Mike Rogers' false claim linking Michigan Senate opponent Abdul El-Sayed to 9/11 comments and President Donald Trump's "Mostly False" statement on falling prices.
Politics and GovernmentBusinessConflictGeneral PoliticsRepublican PartyEconomyElectionMiddle EastSocial Issues Mike RogersAbdul El-SayedMichiganU.S. SenateDonald TrumpInflationFact-checkingPolitiFact's Ellen Hine
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US Economy Shows Robust Growth, Resilience Amidst Geopolitical Shifts
The U.S. economy demonstrates strong growth in Q2 2026, fueled by robust business investment, accelerating job creation, and resilient energy markets. Inflationary pressures eased, and AI investment continues to drive expansion, according to the Treasury.
Politics and GovernmentBusinessScience & TechnologyConflictEconomyEmployment and LaborArtificial IntelligenceEnergyMiddle East US EconomyEconomic GrowthBusiness InvestmentLabor MarketInflationTrump AdministrationUS Treasury
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Media Monitor: Federal Reserve holds rates steady amid inflation commitment
NPR reports the Federal Reserve held its benchmark interest rate steady Wednesday, with policymakers committed to curbing inflation.
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsBanking Federal Reserveinterest ratesinflationmonetary policyNPR Breaking News
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Media Monitor: Federal Reserve Holds Rates Steady Amid Inflation Concerns
NPR is reporting that the Federal Reserve kept its benchmark interest rate unchanged Wednesday, with policymakers reaffirming their commitment to curbing persistent inflation.
BusinessPolitics and GovernmentEconomyBankingFederal GovernmentFinancial Markets Federal ReserveInterest RatesInflationMonetary PolicyNPR Breaking News
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Media Monitor: Newsweek Monitors Trump's Economic Record, Trade, and Local Foreign Policy
Newsweek reports on President Trump's shifting economic narrative, including inflation and trade policy. It also covers local foreign policy debates and the Americanization of soccer.
Politics and GovernmentBusinessGeneral PoliticsEconomyElectionRepublican PartyDemocratic Party Donald TrumpInflationTrade PolicyZohran MamdaniForeign Policy2026 World CupSoccerNewsweek
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US Median Weekly Earnings Rise to $1,251 in Q2 2026
Full-time wage and salary workers experienced a 4.6% increase in median weekly earnings to $1,251 in Q2 2026, outperforming inflation, as reported by the Bureau of Labor Statistics.
BusinessPolitics and GovernmentEconomyEmployment and LaborFederal Government Bureau of Labor StatisticsWeekly EarningsWage WorkersQ2 2026InflationCPI-U
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Media Monitor: Spain Wins World Cup; Tropical Depression Forms in Gulf
USA TODAY reports Spain's World Cup victory over Argentina, a new tropical depression in the Gulf, Christopher Nolan's box office record, and the FDA's false positive cyclospora finding.
SportWorldHealthEntertainment SpainWorld CupLionel MessiTropical DepressionFDAInflationChristopher NolanUSA TODAY Daily Briefing
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Media Monitor: Newsweek Reports on Trump's Election Claims, Cooling Inflation, and GOP's Future
Newsweek reports on President Trump's election interference claims, cooling inflation, and the future of the GOP. It also covers midterm election shifts, a Blue Angels flyover decision, and changing U.S.-Israel relations.
Politics and GovernmentBusinessConflictWorldGeneral PoliticsRepublican PartyDemocratic PartyEconomyElectionMiddle East Donald TrumpU.S. ElectionsInflationIsraelBlue AngelsLindsey GrahamNewsweek
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Media Monitor: Wall Street Journal Editorial Board Reports on National Security, Inflation, and Justice Department
The Wall Street Journal Editorial Board is reporting on Democratic obstruction of national security bills, easing inflation, and the potential for a permanent Attorney General.
Politics and GovernmentBusinessScience & TechnologyWorldGeneral PoliticsFederal GovernmentEconomyArtificial IntelligenceElection U.S. National SecurityDemocratic PartyChuck SchumerIranRussiaInflationJustice DepartmentWall Street Journal Editorial Board
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PPI for final demand declines 0.3% in June; goods fall 1.4%, services increase 0.2%
The Producer Price Index for final demand dropped 0.3% in June, with goods prices falling 1.4% while services saw a 0.2% rise. Annually, final demand prices increased 5.5%.
BusinessPolitics and GovernmentEconomyFederal GovernmentEmployment and Labor Producer Price IndexBureau of Labor StatisticsEconomic dataInflationJuneGoods and ServicesEconomics
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Media Monitor: Trump Nominees Face Senate Hearings, ICE Body Cam Issues Highlighted
USA TODAY reports President Trump's attorney general and CDC director nominees face Senate hearings. The outlet also covers ICE body camera issues, inflation, and a boat capsizing near Alcatraz.
Politics and GovernmentBusinessEntertainmentLaw EnforcementGeneral PoliticsFederal GovernmentEconomyLegalFilm and TV Todd BlancheErica SchwartzSenate ConfirmationImmigration and Customs EnforcementInflationAlcatrazBoat CapsizingUSA TODAY Daily Briefing
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Media Monitor: US Strikes Iran, House to Vote on Daylight Saving Time, SCOTUS Seeks Security Funds
Newsweek reports on new US strikes against Iran, a House vote on permanent daylight saving time, Supreme Court justices requesting security funds, and cooling inflation as gas prices fall.
Politics and GovernmentConflictBusinessWorld IranDaylight Saving TimeSupreme CourtInflationICELindsey GrahamTaco BellNewsweek