Education Department, Trump
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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs are pushing up the cost of a range of goods, including furniture, clothing, and large
U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation that has kept the Federal Reserve cautious about resuming its interest rate cuts.
WASHINGTON — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures.
Energy and housing costs were the major drivers of inflation, but consumers are starting to feel the impact of tariffs on basic goods.
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its interest rate cuts.
Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are pushing up the cost of a range of goods, including furniture, clothing, and large appliances.
Silwanus Tangkotta was working aboard a Taiwanese fishing boat in the remote Pacific last year, when a heavy wave slammed a rolling metal door onto his hand, crushing his middle and ring fingers.
The federal Department of Labor agreed not to take legal action if the Sheriff’s Department paid back the employees, the settlement says. A summary of unpaid wages sent to the Comptroller’s Office shows 649 employees were shorted pay that ranged from $45 to nearly $9,000.
The slashing of worker protections is aimed at increasing the rate of exploitation and boosting the profits of US corporations.