Retailers just sounded an alarm on inflation. It's worth heeding
CNN
Shares of retailers were pummeled on Wednesday as investors dug through the latest earnings results from Target and Walmart, which were flush with signs that the economy is entering a period of deep uncertainty.
What's happening: Inflation is already causing consumers to pull back spending on some items as they look to cut expenses, a shift that will have major consequences for the next phase of America's recovery from the pandemic, the country's top chains revealed.
The death of a 32-year-old man after riding a high-speed roller coaster at the Universal Epic Universe theme park was accidental, and an investigation has been closed, according to a Florida sheriff’s office report released this week.
Bruna Ferreira had rushed out of her Massachusetts home, shoelaces untied, and was driving to pick up her 11-year-old son from school when she was approached by unmarked vehicles and a “swarm of people.”
The US special forces veteran who spirited Nobel laureate María Corina Machado out of Venezuela has begged her not to return to the country, after a perilous rescue mission that lasted nearly 16 hours and was carried out largely in the middle of the night through rough waters.
House Republicans unveiled a narrow health care package on Friday that does not extend soon-to-expire enhanced Affordable Care Act subsidies — the latest sign that Congress is unlikely to avert skyrocketing insurance premiums for millions of Americans in the new year.
The Department of Labor held a Christian prayer service for its employees this week, TKTKTK this is highly unusual.
The Justice Department sued Fulton County, Georgia, on Friday, seeking records related to the 2020 election as efforts continue to prove President Donald Trump’s false claims that the election was stolen from him.
Adm. Alvin Holsey, the commander of US Southern Command who reportedly clashed with Defense Secretary Pete Hegseth over the legality of the US military strikes in the Caribbean, officially retired on Friday in a ceremony in Floria where he handed the reigns of the command to his deputy.
The nation’s top historic preservation group said Friday it was suing the Trump administration to block construction of President Trump’s planned 90,000 square-foot ballroom until review boards weigh in on the massive project.
The 1980 US Olympic men’s ice hockey team defied nearly insurmountable odds to defeat the Soviet Union, the world’s largest hockey superpower, propelling them to win a gold medal and the nation’s adulation.
Venezuelan opposition leader María Corina Machado said Friday that she is focused on an orderly transition of power in her country should President Nicolás Maduro leave power, and is confident that Venezuela’s police and armed forces would not oppose such a transition.
The Venezuelan government said the US administration has unilaterally suspended deportation flights from the United States that were due to land on Friday.
Democrats on the House Oversight Committee have released photos from Jeffrey Epstein’s estate Friday showing the many powerful figures in the late sex trafficker’s orbit, including President Donald Trump, former President Bill Clinton, Steve Bannon, Bill Gates, Richard Branson and others.
A federal judge has temporarily blocked the Trump administration from once again detaining Kilmar Abrego Garcia, hours after the judge ordered him to be released from an immigration detention facility.