U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fallTag: September
US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Read More US retail sales rise less than expected in MayWhite House Not Ruling Out Potential Commutation For Hunter’s Sentence
White House press secretary Karine Jean-Pierre said that the Biden administration would not rule out a potential presidential commutation for whatever sentence Hunter Biden receives.
Read More White House Not Ruling Out Potential Commutation For Hunter’s SentenceWall St unsettled ahead of inflation data, Fed meeting
Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.
Read More Wall St unsettled ahead of inflation data, Fed meetingTriple-Digit Temperature Heat Wave Heading To California, Nevada, Arizona
A heat wave bringing triple-digit temperatures is expected to hit parts of California, Nevada and Arizona.
Read More Triple-Digit Temperature Heat Wave Heading To California, Nevada, ArizonaUS court to hear challenges to potential TikTok ban in September
A U.S. appeals court set a fast-track schedule to consider the legal challenges to a new law requiring ByteDance to divest TikTok’s U.S. assets by Jan. 19 or face a ban.
Read More US court to hear challenges to potential TikTok ban in September