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Breaking bursts of information as stories happen.
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President Trump meets with Chinese President Xi Jinping to address trade imbalances and economic competition.
May 12, 2026
April inflation surges to 3.8%, driven by escalating energy prices tied to geopolitical tensions with Iran.
The Bureau of Labor Statistics reports a 3.8% annual inflation rate in April, driven by rising energy costs linked to the Middle East conflict.
President Trump will meet with Chinese leader Xi Jinping as escalating tensions over Iran and Taiwan dominate the geopolitical landscape.
Bank of America warns the Federal Reserve is straying from basic economic principles in its fight against inflation.
President Trump prepares for his Beijing meeting with President Xi, accompanied by top U.S. CEOs to bolster trade discussions.
President Trump prepares for critical discussions with Chinese President Xi as trade, Taiwan, and Iran issues loom over U.S.-China relations.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine face congressional scrutiny over massive defense spending request.
The escalating tensions with Iran have disrupted petrochemical supplies, leading major corporations to adapt packaging strategies.
Customers sue major corporations to recover tariff-related price hikes as federal refunds begin distribution.
Defense Secretary Hegseth faces Congressional scrutiny over the faltering Iran ceasefire and planned troop withdrawals from Germany.