The Fed’s preferred inflation measure rose at a 4.1% annual pace in May, the fastest since April 2023, as energy prices climbed. Consumer spending and incomes still increased after adjusting for inflation.
Posts published in “US”
The Supreme Court ruled 6-3 that the Trump administration may end Temporary Protected Status for Haitians and Syrians. The decision leaves hundreds of thousands of people at risk of losing work authorization and facing deportation.
The Supreme Court ruled 6-3 that Hawaii cannot require concealed-carry permit holders to get permission before bringing guns onto private property open to the public. The decision leaves other Hawaii gun restrictions, including limits in sensitive locations, intact.
The Supreme Court ruled 7-2 that federal pesticide law bars a Missouri man’s state-law claim that Monsanto failed to warn consumers about alleged cancer risks from Roundup. The decision could affect thousands of lawsuits over the weedkiller, NPR reported.
All U.S. military boot camps are again requiring flu shots for recruits after Defense Secretary Pete Hegseth made the vaccine optional. The change comes as Lackland Air Force Base reports 275 confirmed flu cases.
The Senate rejected a measure to restrict President Trump’s authority to wage war against Iran after Sens. Bill Cassidy and Rand Paul shifted from earlier support. The vote followed a tense closed-door meeting between Trump and Senate Republicans.
The Trump administration asked Congress for $87.6 billion in supplemental spending, with about $67 billion directed to Pentagon needs tied to the Iran war. The request faces resistance after lawmakers passed a war powers resolution challenging the president’s military action.