• Police Officer in Court Over Fatal Shooting
  • Trump Says 'I love the inflation'
  • The Trump Report: The Latest Updates
  • Trump Threatens More Strikes on Iran
  • Trump Signs $70B Immigration Enforcement Bill
US stung by higher energy prices that have pushed inflation above 4%

WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight monthly increase.

Bill Gates testifies in congressional panel's Jeffrey Epstein investigation

WASHINGTON (AP) – Bill Gates will appear Wednesday before a congressional panel investigating the Jeffrey Epstein files, becoming the latest powerful figure linked to the disgraced financier to testify.

Judge rejects watchdog's bid to block Trump's $1.8B 'anti-weaponization' fund

WASHINGTON (AP) – A federal judge on Wednesday rejected a government watchdog’s request for a court order temporarily blocking the Trump administration from forging ahead with a new $1.776 billion settlement fund for compensating people who claim to be victims of a weaponized government.

SpaceX wants regular investors in its stock launch. Here's what to know.

NEW YORK (AP) – When SpaceX makes its debut on the U.S. stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever. Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors.

China car exports jump 73% in May as high fuel prices raise interest in EVs

HONG KONG (AP) – China’s passenger car exports jumped 73% year-on-year in May to around 809,000 vehicles, an industry group reported Wednesday, as higher gasoline and diesel prices due to the war in Iran raised interest in electric vehicles.

US stung by higher energy prices that have pushed inflation above 4%

WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight monthly increase.

Trump threatens more strikes on Iran after Tehran fires back at countries

DUBAI, United Arab Emirates (AP) – The United States launched airstrikes early Wednesday against Iran after blaming Tehran for the crash of an American attack helicopter, prompting new attacks from Iran and further widening the retaliatory strikes that threaten to derail talks to end to the war.

The Trump Report: The Latest Updates

U.S. President Donald Trump said Wednesday that Iran is taking “too long to negotiate a deal” and that “now they will have to pay the price.” What that means for Tehran wasn’t clear. His latest statement came after the U.S. launched airstrikes early Wednesday against Iran after Trump blamed Tehran for the crash of an American attack helicopter. Iran fired back at countries in the region.

US stung by higher energy prices that have pushed inflation above 4%

WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight monthly increase.

JERUSALEM (AP) - Iran launched missiles at Israel in the first such bombardment since a fragile ceasefire took effect in early April, raising the possibility of a return to heavy fighting and complicating mediation efforts to end the war.