Policymakers and investors are bracing for another jump in prices with new inflation figures for April set to be released Wednesday. Economists expect the Labor Department’s consumer price index (CPI), a key gauge of inflation, to show prices rising roughly 8 percent over the past 12 months and 0.2 percent in April alone, according to...
President Biden’s biggest political problem has him in a bind. Inflation is bogging down the president’s approval rating more than any other issue, but there is not a whole lot he can do about it. Biden extoled some of the actions he has taken in a White House speech Tuesday. But the key lever to...
U.S. prosecutors said the settlement followed “a multiyear scheme to manipulate benchmarks used to set prices for oil at two of our country’s busiest ports.”
The medical team for the Democratic nominee in Pennsylvania’s Senate race has not spoken about John Fetterman’s prognosis. But cardiac experts saw clues in campaign statements.