U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers.
U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
Missouri’s top court is hearing an important legal challenge Tuesday to one of President Donald Trump’s earliest redistricting successes while lawmakers in Louisiana and South Carolina weigh whether to become the most recent Republican states to redraw U.S. House districts ahead of the midterm elections.
The Supreme Court is leaving women’s access to a widely used abortion pill untouched until at least Thursday, while the justices consider whether to allow restrictions on the drug, mifepristone, to take effect.
Oil prices are rising Monday as the war with Iran threatens to drag on for longer, but the U.S. stock market is nevertheless holding near its record heights.
The United States and Iran were in a deepening standoff Monday after U.S. President Donald Trump rejected Tehran’s latest offer to end the war. Officials said the proposal included some concessions on its disputed nuclear program.
U.S. forces fired on and disabled two Iranian oil tankers on Friday after exchanging fire with Iranian forces in the Strait of Hormuz overnight. The United Arab Emirates, meanwhile, reported another Iranian missile and drone attack.
America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
The U.S. State Department will begin revoking the U.S. passports of thousands of parents who owe a significant amount of unpaid child support.
The first baby boomer on the Supreme Court hit a milestone on Thursday, becoming the second-longest serving justice in history at a time when his influence has never seemed greater.
