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…
The Trump administration has effectively shut down most of the Agency for Healthcare Research and Quality’s activities, closing the spigot on federal funding estimated to have saved thousands of lives and billions of dollars over the past 27 years by improving medical practice. In a July 15 letter, the small Department of Health and Human…
The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors. “Inflation was starting to ease in…
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…
FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary. World football’s governing body said it would retain a majority share in FIFA Forward Enterprise (FFE) but hoped to raise $4.2 billion later this year by “carefully…
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the government was “confident” that trade between Pakistan and the United States could double to $20 billion over the next five years. Dar made the remarks while addressing a delegation of US congressmen and businessmen in Islamabad. The gathering included US congressmen Ryan Zinke…
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the government was “confident” that trade between Pakistan and the United States could double to $20 billion over the next five years. Dar made the remarks while addressing a delegation of US congressmen and businessmen in Islamabad. The gathering included US congressmen Ryan Zinke…
Deputy Prime Minister and Foreign Minister Ishaq Dar said on Friday that durable peace and stability in the region can only be achieved by eliminating the threat of terrorism emanating from neighbouring Afghanistan. “Durable peace, stability and economic development can only be achieved with the eradication of the menace of terrorism emanating from Afghan soil,”…
The Tampa, Charleston and Des Moines airports have signed on to a new program to privatize airport security, the Transportation Security Administration told CBS News. Under the new initiative, called TSA Gold+, TSA would maintain oversight of security standards and operations but would use private contractors for screening instead of federal workers. Gold+ is an…
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait. As Iran’s chokehold on the strait drags on and oil prices surge — to over $100 per barrel for Brent Crude…
