Inflation is finally slowing down. Will things get cheaper?

A customer makes a purchase at Shell Lumber and Hardware in Miami, Florida, on July 13. Inflation cooled to 8.5 percent in July from a year ago, an improvement from 9.1 percent in June. | Joe...

Coup" Means Whatever the Regime Wants It to Mean

In the immediate aftermath of the January 6 riot at the US Capitol, many pundits and politicians were eager to describe the events of that day a s a coup d'etat in which the nation was "this...

The Origin of the Income Tax

"The freedoms won by Americans in 1776 were lost in the revolution of 1913," wrote Frank Chodorov. Indeed, a man's home used to be his castle. The income tax, however, gave the government the keys...

Viral video of Mississippi arrest sparks investigation

JACKSON, Miss (AP) — An incident involving a white Mississippi Highway Patrol officer and three Black men is under investigation after a viral video showed the officer putting a handcuffed man...

U.S. spending bill to cut inflation, deficit over time

By Kanishka Singh WASHINGTON - A sweeping bill passed by the U.S. Senate on Sunday and intended to fight climate change, lower drug prices and raise some corporate taxes, will bring down...

Stealing COVID aid

Billions in pandemic relief dollars were wasted or pocketed by scammers. How did that happen? Here's everything you need to know: Was COVID relief successful?  In many ways, yes. It helped prevent...

The inflation prices that broke us

Inflation is a complete and total bummer. | Steven Puetzer/Getty Images From chicken tenders to tampons, the price hikes that are irking people most. Peter Lewis recognizes that eggs...

Update to electors law desperately needed, senators declare

WASHINGTON (AP) — Republican Sen. Susan Collins and Democrat Joe Manchin made the case on Wednesday for overhauling the 1800s-era Electoral Count Act, pushing for quick passage of a bipartisan...

The CHIPS Act and industrial policy, explained

The United States is going to start making more of its own electronics, and taxpayers are going to pick up a good chunk of the tab. Congress has passed the CHIPS Act, a bill that devotes billions...

Mad about inflation? Blame your local officials

President Joe Biden speaks about the economy and inflation at the Port of Los Angeles on June 10. Inflation is a political struggle for Biden, but the decisions that could break supply chain...

Democrats aim to tighten the carried interest loophole

NPR's Asma Khalid talks to David Wessel of the Brookings Institution about the partial closing of the "carried interest loophole," central to a Senate compromise over climate spending and health care.

Iraq cleric's followers camped out in parliament for 2nd day

BAGHDAD (AP) — With mattresses strewn about, food trucked in and protesters playacting as lawmakers, hundreds of followers of an influential Shiite cleric were camped out Sunday inside the Iraqi...

Long COVID is sidelining millions of workers from their jobs

Georgia Linders got sick with COVID in the spring of 2020 and never recovered. Her ongoing battle with long COVID has prevented her from working. She spends her days advocating for COVID...

What the strong dollar means for you

For the first time in about two decades, the euro’s value is about that of a US dollar. | Paul Zinken/picture alliance via Getty Images The soaring value of the US dollar has broad...

Biden’s latest global infrastructure plan is all about competing with China. That’s a problem

President Joe Biden walks to board Air Force One at Andrews Air Force Base in Maryland on June 25, as he headed to Germany to attend the Group of Seven Summit last month. | Susan Walsh/AP ...

What if the suburbs were just a first draft?

Lia Lao for Vox Remote work, the arrival of home-owning millennials, and other forces can be an opportunity to remake them for the better. Part of the July 2022 issue of The Highlight,...

Democrats Prepare To Unleash Hell On Fed Chair Powell For The Coming Recession

Democrats Prepare To Unleash Hell On Fed Chair Powell For The Coming Recession Something curious took place a month ago during Powell's semi-annual testimony before a (still-Democrat...

Fed to Inflict More Pain on Economy as It Readies Big Rate Hike

Growth is already slowing in response to the Fed’s repeated interest rate increases. But with inflation proving persistent at a four-decade high, analysts say it will take a recession -- and...

Biden's global promises held back by politics at home

WASHINGTON (AP) — Soon after taking office, President Joe Biden went to State Department headquarters to tell the rest of the world that the United States could be counted on again after four...

Sri Lanka’s new president is already cracking down on protests

Ranil Wickremesinghe, who was elected as the new President of Sri Lanka addresses the media during his visit to the Gangaramaya Buddhist temple in Colombo, Sri Lanka on July 20, 2022. | Pradeep...

Workers In Red States Are Quitting Their Jobs At Higher Rates And Why That May Be A Good Sign

Workers In Red States Are Quitting Their Jobs At Higher Rates And Why That May Be A Good Sign Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Employees in...

After starring role in Jan. 6 hearings, Liz Cheney faces tough test back home

By David Morgan WASHINGTON - During weeks of hearings about the Jan. 6 attack on the U.S. Capitol by Donald Trump's supporters, Republican Representative Liz Cheney has sat shoulder-to-shoulder...

The risk of recession is growing. Here's why recessions may be inevitable

The Federal Reserve has attempted to avoid a recession by engineering what's known as a "soft landing" Some economists argue that recessions have become an inevitable part of the economic cycle...

U.S. retailers cut prices but services keep inflation hot

CNN.com will feature iReporter photos in a weekly Travel Snapshots gallery. Please submit your best shots of the U.S. for next week. Visit CNN.com/Travel next Friday for a new gallery of snapshots...

FBI seizes retired general’s data related to Qatar lobbying

Former Marine Gen. John R. Allen led U.S. and NATO forces in Afghanistan before he was tapped in 2017 to lead the Brookings Institution in Washington.

Brookings places retired general on leave amid FBI probe

The prestigious Brookings Institution placed its president, retired four-star Marine Gen. John Allen, on administrative leave Wednesday amid a federal investigation into his role in an illegal...

Retired General Investigated Over Undisclosed Lobbying for Qatar

Documents show that the Justice Department has records indicating that John Allen, who now heads the Brookings Institution, secretly lobbied for Qatar and lied about it to federal agents.

Former Fed Chair Bernanke says inflation today isn't 'anywhere near' 1970s price spike

Former Federal Reserve Chairman Ben Bernanke spoke at the Brookings Institution. He said inflation today is still a long haul away from that of the 1970s. Inflation is near a four-decade high,...

Russia investors set for big losses

Global banks reveal billions in potential Russia-linked losses. With Russia's economy collapsing,its stock market cryogenically frozen and its bonds near default, global investors are set to...

How 5G Clashed With an Aviation Device Invented in the 1920s

The potential for interference between 5G signals and the radio altimeters long used by pilots has divided the telecom and aviation industries. The clash has been years in the making and came to a...

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