The core personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, rose slightly in August, in line with economists’ expectations. Inflation yardsticks such as the PCE index and the Consumer Price Index measure the change in prices over time of a typical basket of goods and services. The core PCE, which excludes volatile
Democrats on the House Judiciary Committee are launching a review Friday of the ouster of federal prosecutor Erik Siebert, a week after he resigned as U.S. attorney for the Eastern District of Virginia, and a day after Siebert’s replacement signed an indictment of former FBI Director James Comey. Prosecutors had expressed concern about Siebert’s possible ouster over
President Trump’s Justice Department charged former FBI Director James Comey on Thursday with lying to Congress, an unprecedented step against a longtime Trump foe that revisits controversies over the FBI’s Trump-Russia probe from nearly a decade ago. A grand jury in Northern Virginia voted to indict Comey on two counts: making a false statement to
Former FBI Director James Comey was indicted by the Justice Department on Thursday. He has been charged with one count of making false statements and one count of obstruction of justice, related to Senate testimony he gave almost five years ago. In a video posted to Instagram following the indictment announcement, Comey asserted his innocence.
President Trump announced Thursday that the U.S. would impose a new round of tariffs, including a 100% tariff on pharmaceutical drugs, a 30% tariff on upholstered furniture, a 50% tariff on kitchen cabinets and bathroom vanities, and a 30% tariff on heavy trucks. In social media posts to Truth Social, Mr. Trump said the new
Washington — Former FBI Director James Comey was indicted Thursday on two counts, marking a major escalation in President Trump’s efforts to target his political opponents and use the Justice Department as part of his campaign to seek retribution against his most ardent critics. Comey was charged with one count of making false statements and
The White House’s Office of Management and Budget sent a memo to federal agencies telling them to prepare layoff plans if there is a government shutdown, increasing the stakes ahead of Congress’ Tuesday deadline to pass a government funding bill. Nikole Killion has details. Original CBS News Link</a