Author: Leslie Stewart

Wholesale prices rose faster than expected in January, contrary to expectations that inflation was easing, the Bureau of Labor Statistics said Friday.The core producer price index, which excludes volatile food and energy prices, rose a seasonally adjusted 0.8%, beating December’s 0.6% rise and well above the Dow Jones consensus estimate of 0.3%.On an all-item basis, the overall PPI increased by 0.5%, which also exceeded expectations of 0.3% and increased by 0.1 points from the previous month.For the full year, core wholesale prices rose 3.6%, while the composite index rose 2.9%. Both numbers are well above the Federal Reserve’s 2% inflation…

The U.S. government said there should be better communication between agencies after the military reportedly shot down a Texas Customs and Border Protection drone with a laser on Thursday.Some Democrats, including the ranking members of the House Homeland Security and Transportation committees, called the incident another example of “incompetence.”This comes two weeks after CBP used a military-grade laser to shoot down what turned out to be a party balloon in Texas, causing a temporary closure of El Paso airspace.The Department of Defense, CBP, and Federal Aviation Administration confirmed the incident in a joint statement Thursday. There were no commercial aircraft…

A Baltimore man is accused by police of shooting and killing a billionaire philanthropist at a nursing home while disguised on Valentine’s Day, then firing at a Maryland state trooper during a traffic stop.Morkies Emiro James, 22, who goes by “Markazi,” has been charged with first-degree murder in the Feb. 14 killing of 87-year-old Robert Fuller Jr., according to police charging documents.James is also charged with attempted first-degree murder, assault with serious bodily injury, use of a firearm in a crime of violence and related charges for allegedly firing at a police officer who did not seriously injure him on…

WASHINGTON — Aliya Rahman, a Minnesota woman who was a guest at Tuesday’s State of the Union address by Rep. Ilhan Omar (D-Minn.), was arrested during the speech and required hospital treatment, Rahman and Omar said.Rahman quietly stood up during a portion of President Donald Trump’s speech in which he called on Democrats to restore funding to the Department of Homeland Security. Those around her remained seated. Capitol Police approached and asked Rahman to sit down, but she refused. The crowd around Lerman gave a standing ovation during her conversation with Capitol Police officers, but Lerman tried to explain to…

President Donald Trump walks past Supreme Court Chief Justice John Roberts, Associate Justice Elena Kagan, Associate Justice Brent Kavanaugh, and Associate Justice Mary Coney Barrett as they arrive for the State of the Union address at a joint session of Congress on February 24, 2026 in Washington, DC.Win McNamee | Getty Images News | Getty ImagesPresident Donald Trump defended his tariff policies in his State of the Union address on Tuesday, even though the Supreme Court’s decision invalidating the emergency tariffs caused new disruption to numerous trade deals he has negotiated with global partners.The court ruled last Friday that the…

On October 30, 2025, US President Donald Trump (left) and Chinese President Xi Jinping shake hands for a meeting upon arriving at Gimhae Air Base adjacent to Gimhae International Airport in Busan. Donald Trump and Chinese President Xi Jinping are set to seek a ceasefire in their bitter trade war on October 30, with the US president predicting a “great meeting”, but Beijing is more cautious. (Photo by Andrew Caballero-Reynolds/AFP) (Photo by Andrew Caballero-Reynolds/AFP via Getty Images) Andrew Caballero-Reynolds | AFP | Getty ImagesAnalysts say the U.S. Supreme Court’s decision to cancel President Donald Trump’s wide-ranging tariffs will strengthen China’s…

Cuban officials say a U.S.-registered speedboat has entered territorial waters, sparking an armed confrontation with Cuban border guards that left four crew members dead.Cuba’s Interior Ministry posted a statement on Facebook about the clashes.U.S. officials did not immediately respond to requests for comment. A Cuban border guard commander was injured, as were six crew members of the U.S.-flagged vessel, the statement said.The statement noted that people aboard the U.S.-flagged vessel began the exchange of gunfire.”As a surface unit of the Border Guard of the Interior Ministry approached the vessel for identification with five members on board, the crew of the…

Lyubomir Vorona | iStock | Getty ImagesAccording to several recent studies, the prospect of being replaced by artificial intelligence is scaring high-income workers, leading them to stay on the job longer.One of the most-watched indicators, the University of Michigan Consumer Survey, shows confidence in the labor market among high-income earners near historic lows dating back to the late 1970s. Similarly, the New York Fed’s monthly consumer survey shows unemployment fears near record highs.Finally, payroll firm ADP notes that turnover rates in traditionally white-collar jobs are near record lows.What is the reason for the trend? “White-collar jobs may be at greater…

Welcome to the online edition of From the Politics Desk. This is a daily newsletter that brings you the latest reporting and analysis from the NBC News political team on the White House, Capitol Hill and election campaigns.Welcome to a special edition of our newsletter. A summary of President Donald Trump’s record-length State of the Union address. Sign up here to receive this newsletter in your inbox every weekday.— Adam WollnerLessons learned from President Trump’s State of the Union addressWritten by Sahil KapurPresident Donald Trump delivered a triumphant State of the Union address tonight, mocking Democrats in the House of…

Members of the U.S. men’s hockey team are scheduled to attend President Donald Trump’s State of the Union address on Tuesday, White House officials said.The players also met with President Trump at the White House on Tuesday afternoon, a senior White House official said. They posed for photos with the medals and also took a tour of the White House, according to photos and videos posted by White House communications adviser Margo Martin.Twenty members of the team were in the White House (all except Brock Nelson, Jackson Lacombe, Jake Oettinger, Jake Guentzel, and Kyle Connor). A White House official said…