Inflation hits 4.1 percent in May: 5 takeaways

Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious challenges for President Trump and policymakers. The Federal Reserve’s preferred gauge of inflation shows prices rose 4.1 percent over the past year and 0.7 percent in May alone. While most of the growth came from higher energy……

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Climate accountability deserves its day in court

For years, lawyers working for the fossil fuel industry have done everything in their power to prevent state courts from weighing factual evidence in climate accountability cases. Over the past decade, our communities have suffered nearly $1.5 trillion in damages from extreme weather and other climate disasters. But the winds are changing. Source link

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Watch live: Trump pick to lead economic advisory panel faces confirmation hearing before Senate

Christopher Fallon, President Trump’s pick to lead the White House Council of Economic Advisers, will testify before the Senate Housing, Banking and Urban Affairs Committee on Thursday morning regarding his nomination to lead the key advisory panel. If confirmed by the Senate, the former University of Minnesota professor will replace Stephen Miron, who stepped down……

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What’s next after Trump confronts Senate GOP?

In today’s issue: ▪ GOP tensions on display ▪ Lobbying on trade deal ▪ Hantavirus response wraps up ▪ Democrats narrow division The fate of the bipartisan housing bill and the Safeguard American Voter Eligibility (Save America) Act is up in the air after President Trump’s tense meeting with Senate Republicans. Trump was about to…

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