NPR (Scott Horsley) - Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more
Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.
Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.
The annualized rate was the highest since May 2023.
U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
The United States conducts counterterrorism operations and training alongside numerous allied governments in Africa. At the same time, Iran is funding wars and terrorist organizations across the continent. Photo courtesy of the Secretary of the [...]
| Keywords | iranafricaterrorismshadow-wargeopoliticsmiddle-eastususawashingtontehranterrorist-networksmilitarycounterterrorismregional-stabilityconflictforeign-policyislamic-republicred-green-axis |
President Trump has declared the American cease-fire with Iran is on “life support,” and investors are taking a cautious approach as the lack of progress in peace talks weighs on the markets.
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
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President Trump's endorsement of suspending federal gas taxes pushes the idea higher on the political radar, but it still faces long odds. Why it matters: Some Republicans rushed to introduce bills, and a few Democrats have already endorsed the idea — but there are still serious obstacles that could keep Trump's comments from becoming reality. - The federal tax is 18.3 cents for gasoline and 24.3 cents for diesel (with another .1 cent fee for addressing leaking underground tanks). A few dynamics to watch following Trump's comments to CBS News... Capitol Hill. Trump needs Congress to act, and the immediate signs are mixed. GOP lawmakers including Sen. Josh Hawley (R-Mo.) quickly promised legislation, but Senate Majority Leader John…
Originally posted but Asia Times
Xi might decide now is the time to make his move while the Americans are occupied in Iran – but there are a host of negatives “The Iran war weakens deterrence in Asia, undercuts confidence of US allies and partners, and makes conflict with China more likely.” That’s become an article of faith among those opposing the US fight with Iran. The US military – the navy in particular – is indeed smaller than it should be, and much American combat power is deployed to the Middle East. There is no deployable aircraft carrier in the Western Pacific, and the sole forward-based Marine amphibious unit, the 31st MEU, is deployed to Iran. As troubling, the Iran war is draining war stocks – especially long-range precision missiles and…Open
Lawmakers in the South Carolina House will debate redistricting on Tuesday when the Constitutional Laws subcommittee meets, and a floor vote could follow as soon as this week.
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