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Fast-rising gas prices are expected to once again have an outsized effect on overall inflation.

President Donald Trump brushed off a spike in inflation driven by the war in Iran, insisting on Wednesday that “the numbers were great”

WASHINGTON, D.C. (CNN) — Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics. Prices rose 0.5% on a monthly basis, driven higher by the US-Israeli war with Iran, the latest Consumer Price Index

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FEMA announces $1B in federal funding to help states mitigate disaster impact

BOTHELL, Wash. (KTVZ) — The Federal Emergency Management Agency (FEMA) announced Thursday it has opened applications for $1 billion in federal funding through the Building Resilient Infrastructure and Communities (BRIC) program. The initiative provides grants to states, local governments, territories and Tribal Nations to protect communities from disasters such as fires, floods, earthquakes and hurricanes.

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U.S. captures Venezuelan President Nicolás Maduro in surprise military raid 

NEW YORK CITY, NY (NBC) — Venezuelan President Nicolás Maduro is in U.S. custody in New York tonight after a surprise overnight military operation on his compound in Caracas, dramatically reshaping the political future of Venezuela and raising urgent legal and diplomatic questions in Washington. Overnight Raid in Caracas According to U.S. officials, the operation

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Spray deodorant is among an extensive list of goods now subject to 50% steel and aluminum tariffs in the United States.

Hundreds of items just got a lot more expensive to import into the US because of Trump’s tariffs

By Elisabeth Buchwald, CNN (CNN) — Hundreds of different goods just got a lot more expensive to import into the United States, now that President Donald Trump’s 50% tariff on steel and aluminum has kicked in. Butter knives, baby strollers, spray deodorants and fire extinguishers, considered “derivative” steel and aluminum products, were previously excluded from

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Supreme Court limits ability of judges to stop President Trump

NATIONAL (CNN) — The Supreme Court’s ruling today curtailing nationwide injunctions will have far-reaching consequences for President Donald Trump’s second term, even if his birthright order is never enforced. All along, the issue of birthright citizenship was intertwined with Trump’s executive order in the court’s appeal. But the case also raised fundamental questions about the

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