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Powerful storms and suspected tornadoes slam Midwest, leaving nearly 1 million without power

Severe weather cut power to nearly 1 million customers in the Midwest as perilous thunderstorms and extreme wind gusts pummeled the region Tuesday. Tornado warning sirens howled as the skies darkened. All flights were temporarily stopped at Chicago’s two major airports, and officials warned of delays as the backlog was cleared. According to the flight…

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Inflation held steady in February before Iran war drove up gas prices, CPI report shows

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…

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