American Consumer Prices Stayed Nearly Flat in May
Mirroring the barely noticeable uptick in wholesale prices last month, U.S. consumer prices rose only 0.1% in May in another sign of low inflation.
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House Panel Looks at Economic Toll of Climate Change
The warming of the planet and related effects of climate change will impact the finances of American citizens, the U.S. economy and the federal budget, experts told the House Budget Committee on Tuesday.
Read moreInflation in Check as Wholesale Prices Inch Up
Wholesale prices ticked up just 0.1% in May, signaling softening inflation pressures in the American economy.
Read moreBipartisan Support Shown for Ending Surprise Medical Bills
Republicans and Democrats may not be able to agree on much these days but a bipartisan push to stop surprise medical billing is coursing through Congress as health care industry leaders met with lawmakers Tuesday to urge support of legislation that removes the financial guesswork for patients.
Read moreUptick in Consumer Prices Tied to Gas, Housing
U.S. consumer prices jumped 0.3% in April, driven largely by increases in gasoline and housing costs, but inflation pressures have stayed in check.
Read moreNorth Korea Demanded US Pay $2M for Captured Student in Coma
North Korea insisted the U.S. agree to pay $2 million in medical costs in 2017 before it released detained American college student Otto Warmbier while he was in a coma, a former U.S. official said Thursday.
Read moreChicago Sues Actor Jussie Smollett to Recover Cost of Hate-Crime Probe
Two weeks after Illinois prosecutors dropped all criminal charges against “Empire” actor Jussie Smollett for allegedly staging a hate crime against himself, Chicago filed a lawsuit Thursday against Smollett over his refusal to repay $130,000 in investigation costs.
Read moreRise in Wholesale Prices Tied to Surge in Gas Costs
Wholesale prices in the U.S. edged up 0.6% in March on rising gas and electricity costs, but inflation pressures remain in check.
Read moreEnergy Costs Drive Uptick in Consumer Prices
An increase in costs for gasoline, electricity and housing fueled a 0.4% surge in U.S. consumer prices last month, the biggest jump in 14 months.
Read moreActor Faces Lawsuit for Refusing to Pay for Hate-Crime Probe
Chicago said it will sue “Empire” actor Jussie Smollett to recover over $130,000 it spent investigating the alleged hate crime against him that the city maintains was a hoax.
Read moreTrump Calls on NATO Members to Share Cost Burden
Member nations of the North Atlantic Treaty Organization must do more to generate money for their own defense efforts, President Donald Trump said Tuesday during a White House meeting with the alliance’s secretary general.
Read moreHouse Panel Grapples With Controlling Surprise Medical Bills
House Democrats and Republicans joined forces Tuesday to tackle ways to rein in surprise medical bills that are fueling anxiety about health care costs.
Read moreSupreme Court Cuts Extra Costs From Award to Oracle
After prevailing in a copyright case, software giant Oracle USA was improperly awarded costs that went beyond those to which federal law entitles it, the Supreme Court ruled Monday.
Read moreSenators Grill Drug Execs Over Soaring Prices
Executives from some of the most lucrative pharmaceutical companies in the world were grilled by lawmakers Tuesday over their role in the increasingly burdensome cost of prescription drug prices.
Read moreDrop in Wholesale Prices Tied to Low Gas Costs
Wholesale prices in the U.S. dropped 0.2 percent in December because of plummeting gas costs, a sign that inflation levels will stay flat in the near future.
Read moreConsumer Prices Ticked Down During Holidays
Marking the first decrease in nine months, the Labor Department said Friday consumer prices dropped 0.1 percent in December largely because of plummeting gas prices.
Read moreNew California Governor Sets Sights on Health Care Reform
n his first day in office, newly inaugurated California Governor Gavin Newsom unveiled a plan to lower prescription drug costs and make it easier for Golden State families to get insurance coverage.
Read moreEnergy Costs Plummet, No Jump in Consumer Prices
The Labor Department said Wednesday that American consumer prices stayed flat in November while gasoline and other energy costs dropped.
Read morePaper Firm Must Keep Paying for Cleanup of Wisconsin River
A federal judge ruled that a global paper product manufacturer must pay Wisconsin future expenses for the ongoing cleanup of the Fox River, which was by polluted by the paper company and others decades ago.
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