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Fed’s favorite inflation gauge hit the highest level since April 2024

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Fed’s favorite inflation gauge hit the highest level since April 2024

Inflation ticked up to its highest annual rate since April 2024 and consumer spending cooled in September, according to a shutdown-delayed report released Friday by the Commerce Department. ​ Inflation ticked up to its highest annual rate since April 2024 and consumer spending cooled in September, according to a shutdown-delayed report released Friday by the Commerce Department. Read More Breaking News, Latest News and Videos | CNN 

todayDecember 5, 2025 6

Elon Musk’s X hit with $140 million EU fine for breaching content rules

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Elon Musk’s X hit with $140 million EU fine for breaching content rules

Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators Friday for breaching EU online content rules, the first sanction under landmark legislation that will likely draw the ire of the US government. ​ Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators Friday for breaching EU online content rules, the first sanction under landmark legislation […]

todayDecember 5, 2025 10

Congo fighting flares within hours of Trump’s peace deal ceremony

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Congo fighting flares within hours of Trump’s peace deal ceremony

Fighting raged in eastern Democratic Republic of Congo on Friday, a day after US President Donald Trump hosted Congolese and Rwandan leaders in Washington to sign new deals aimed at ending years of conflict in a region rich in minerals. ​ Fighting raged in eastern Democratic Republic of Congo on Friday, a day after US President Donald Trump hosted Congolese and Rwandan leaders in Washington to sign new deals aimed at […]

todayDecember 5, 2025 4

Trump is threatening to get rid of one of the biggest reasons prices have remained in check

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Trump is threatening to get rid of one of the biggest reasons prices have remained in check

When President Donald Trump introduced his “Liberation Day” tariffs in April, many economists predicted Americans would soon experience massive price increases. While inflation has ticked up in the eight months that passed, it’s been nowhere near levels initially projected. ​ When President Donald Trump introduced his “Liberation Day” tariffs in April, many economists predicted Americans would soon experience massive price increases. While inflation has ticked up in the eight months that […]

todayDecember 5, 2025 4

When the feds come to town: In cities targeted by Trump’s immigration crackdown, a shared playbook emerges

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When the feds come to town: In cities targeted by Trump’s immigration crackdown, a shared playbook emerges

As Chad Curry busily ferries his teenage children through the streets of their Chicago neighborhood of West Ridge, he eyes passing vehicles with a skepticism he didn’t have just a few months ago. ​ As Chad Curry busily ferries his teenage children through the streets of their Chicago neighborhood of West Ridge, he eyes passing vehicles with a skepticism he didn’t have just a few months ago. Read More Breaking News, Latest News […]

todayDecember 5, 2025 2