A key inflation measure rose at fastest pace in 30 years in July
CNN
The Federal Reserve's favorite measure of inflation rose to its highest level since 1991 in July, the Bureau of Economic Analysis said Friday.
The price index for American consumer spending, also known as the PCE index, rose at a rate of 4.2% in the year ended July, the fastest pace since January 1991. Stripping out food and energy items, the prices of which tend to be more volatile, the inflation index stood at 3.6%, flat from the month before and remaining at its highest level since March 1991.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
The Trump administration has stepped up efforts to obtain personal information about tens of millions of voters across the country, including seeking sensitive data such as partial Social Security numbers.
Over the past 10 days, more than a dozen college campuses have been the target of the dangerous criminal hoax known as swatting, with law enforcement lured to a location in response to a false report of a horrific crime.
Elections this November will serve as a measure of the mood of voters 10 months into President Donald Trump’s second term as both parties prepare for next year’s crucial midterm contests.
One person was killed and three others injured after two small planes collided in midair by the Fort Morgan Municipal Airport in northeast Colorado, authorities said.
A man found dead in a pool of blood is being investigated as a homicide at the annual Burning Man art and music festival in the northwestern Nevada desert, authorities say.
Patrick Braxton, the first Black mayor of a tiny Alabama town, has overwhelmingly won election, four years after White residents locked him out of the town hall and refused to let him serve.
The repatriation of Guatemalan children in US government custody is expected to begin Sunday, according to a notice sent to attorneys, prompting a scramble among lawyers who say kids were woken up in the middle of the night and are at risk if returned to their home country.
The US State Department has instructed its diplomats to refuse most visas for Palestinian passport holdiers, whether they live in the West Bank, Gaza, or overseas, according to a cable seen by CNN.
Bierbauer retired from CNN in 2001 after two decades covering news in Washington, DC, and around the world.
Migrants sent by the United States to the Guantanamo Bay naval base in Cuba earlier this year faced “abusive and inhumane detention conditions” that seriously affected their health and even led to suicide attempts, according to a new report by Human Rights Watch.