Fed, inflation and September data
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Pete Hegseth says he didn't see survivors in the September boat strike because of 'the fog of war'
Defense Secretary Pete Hegseth pointed to what he called “the fog of war” to defend a follow-up military strike on an alleged drug boat in the Caribbean, which reportedly killed survivors of the initial attack.
Consumer prices increased moderately in September. The Personal Consumption Expenditures price index, which is the Federal Reserve’s preferred inflation gauge, showed a 0.3 percent monthly increase in prices.
Pentagon chief Pete Hegseth defends his role in a military strike against suspected drug traffickers in the Carribbean. Members of Congress are demanding more answers.
US retail sales rose modestly in September, suggesting some consumers hit pause after several months of robust spending.
Sales at U.S. retailers and restaurants rose slightly in September as resilient consumers moderated their spending after splurging over the summer.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
The U.S. military commander involved in a deadly Sept. 2 strike on a suspected drug vessel believed the survivors were continuing their drug run, a report said.