China has a big inflation problem and it's pushing up prices worldwide
CNN
China's inflation headache is getting worse.
The cost of goods leaving China's factories surged by another record rate last month, and there are increasing signs that consumers are starting to feel the pain.
The Producer Price Index jumped 13.5% in October from a year ago, accelerating from September's 10.7%, China's National Bureau of Statistics said Wednesday. Last month's increase was already the fastest since the government began releasing such data in the mid-1990s, according to Eikon Refinitiv.
After rarely being seen in public in the two weeks since he delivered a brief, 46-second victory speech on election night, JD Vance reemerged this week to play one of the most important roles he will be expected to fill as Donald Trump’s No. 2: His point person on Capitol Hill.
A Florida man was arrested Wednesday and charged in a plot to bomb the New York Stock Exchange this week, according to the FBI.
The Senate on Wednesday voted down an effort led by Vermont independent Sen. Bernie Sanders to block a series of planned US weapons sales to Israel.
Republicans on the House Ethics Committee fell in line behind GOP leaders and voted not to release the results of their investigation into Donald Trump’s attorney general pick, Matt Gaetz, despite growing calls from the Senate GOP to make the findings public ahead of his confirmation hearing.
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A former University of Virginia student pleaded guilty Wednesday to fatally shooting three football players and wounding two other students on the Charlottesville campus in 2022.
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The United States has vetoed a UN Security Council resolution that called for an immediate, unconditional and permanent ceasefire in Gaza, on the grounds it would not have secured the release of hostages.
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On one side of the Capitol, Republican Rep. Nancy Mace vowed to “stand in the way” of Democratic Rep.-elect Sarah McBride, the first out transgender woman elected to Congress, using women’s bathrooms in the US Capitol.
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