Spain will deploy its military to restore order at its border with Morocco in Ceuta after thousands of migrants streamed into the tiny Spanish territory. The announcement comes after local authorities in Ceuta had asked the central government in Madrid for reinforcements to manage a border crisis that had been building up before boiling over…
The Federal Reserve said on Wednesday that it is leaving its benchmark interest rate unchanged, a sign policymakers expect inflation to ebb despite higher energy costs due to the war in Iran. This marks the fifth consecutive time the central bank has held rates steady this year. The last time Fed officials voted to change…
Several schools in three states will launch the new academic year with a new security measure: drones equipped with pepper spray, strobe lights and other features that their manufacturer says can be used against an active shooter within seconds. The schools, located in Colorado, Florida and Georgia, will be the first to add drones from…
The Consumer Price Index rose 2.4% in January from a year ago, below economists’ forecasts and a sign that price pressures across the U.S. are easing. By the numbers The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents…
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023. By the numbers Economists polled by financial…
As back-to-school season approaches, families will face higher prices for supplies and other costs for the upcoming academic year, a new analysis found. The cost of a typical basket of school items, including notebooks, lunch boxes and index cards, is up nearly 8% this year compared to 2025, according to research from The Century Foundation, a…
