Author: News Room

Updated Nov. 10, 2026, 11:14 a.m. ETU.S. inflation remained elevated last month, underscoring the need for the Federal Reserve to raise interest rates again this year.Overall prices rose 0.4 percent in October after a 0.6 percent jump in September, according to the latest Consumer Price Index report from the Bureau of Labor Statistics. “Core” prices, which strip out volatile food and energy items, rose 0.3 percent.The agency on Tuesday did not release year-over-year figures for October because it was unable to collect data during last year’s government shutdown. According to calculations by The New York Times, overall prices were around 4…

The artificial intelligence boom has powered the U.S. economy through a period of tariffs, war and uncertainty. It has also pushed up prices, raised borrowing costs and set off fears of a financial bubble that could burst to devastating effect.Americans made clear in last week’s midterm elections that they do not think the trade-off has been worth it.Voters overwhelmingly supported ballot initiatives that aimed to rein in data center development, and they elected to office governors and legislators who promised to do the same.Now the question for newly empowered Democrats, and for policymakers more broadly, is whether they can find…

The artificial intelligence boom has powered the U.S. economy through a period of tariffs, war and uncertainty. It has also pushed up prices, raised borrowing costs and set off fears of a financial bubble that could burst to devastating effect.Americans made clear in last week’s midterm elections that they do not think the trade-off has been worth it.Voters overwhelmingly supported ballot initiatives that aimed to rein in data center development, and they elected to office governors and legislators who promised to do the same.Now the question for newly empowered Democrats, and for policymakers more broadly, is whether they can find…

Gena Pemberton is a Black woman who has spent her career diagnosing a way to move forward in corporate America.She spent over two decades in leadership roles in accounting, operations and human resources at large companies such as Johnson & Johnson. But now, at 50, she is not sure what is next.She was the chief inclusion and impact officer at Omnicom Health until the company eliminated her position in July 2025. She has been without full-time work ever since, despite applying to dozens of jobs per week and lowering her expectations on seniority and pay.“I’ve never been unemployed for this…

President Trump’s use of tariffs to shield manufacturing-heavy states like Michigan from foreign competition was supposed to be a political win for the president and his party.But voters in many of the states that Mr. Trump said he would help with his trade policies now appear skeptical of his erratic approach. And they are wondering if a growing backlash to tariffs will mean that the Trump administration’s economic experiment will come to an end just as quickly as it started.Those concerns are being acutely felt in the Detroit area, where auto supply chains are intertwined with Canadian businesses just across…

The Federal Reserve held interest rates steady on Wednesday, despite no recent progress on getting inflation down to the central bank’s 2 percent target.Officials voted 10-2 to keep rates at the range of 3.75 percent to 4 percent. That range was reached in September after policymakers decided unanimously to raise rates for the first time since 2023.Lisa D. Cook, a Fed governor who President Trump has tried to fire, issued her first-ever dissent on the Fed’s monetary policy settings in favor of a quarter-point increase on Wednesday. She was joined by Beth M. Hammack, president of the Federal Reserve Bank…

The Federal Reserve held interest rates steady on Wednesday, despite no recent progress on getting inflation down to the central bank’s 2 percent target.Officials voted 10-2 to keep rates at the range of 3.75 percent to 4 percent. That range was reached in September after policymakers decided unanimously to raise rates for the first time since 2023.Lisa D. Cook, a Fed governor who President Trump has tried to fire, issued her first-ever dissent on the Fed’s monetary policy settings in favor of a quarter-point increase on Wednesday. She was joined by Beth M. Hammack, president of the Federal Reserve Bank…

Karla Guity and her family pay just $1,800 a month for a three-bedroom house with a yard in Shoreline, Wash., just north of Seattle. The modest rent meant she did not have to work when her two daughters were young. She loves the neighborhood and the local schools.She also worries she will never be able to leave.Although Ms. Guity, 33, and her husband want to own their own home in the area, buying would be too much of a financial stretch as long as mortgage rates remained high. The possibility that a monthly mortgage payment would exceed $6,000 was enough…

The decorated correspondent Christiane Amanpour said on Monday that she would depart CNN next year, exiting the network she has called home since 1983.Ms. Amanpour, 68, has most recently served as CNN’s chief international anchor, based in London. She rose to prominence for her on-the-ground reports beginning in 1990 from the Persian Gulf war, and she later broadcast from conflict zones around the world, including Bosnia, Rwanda and Afghanistan.In a statement, she said she had made her decision “after many months of thought and a few sleepless nights.” Her show on CNN International, “Amanpour,” will be scaled back to once…

Vialina Lemann, an internationally renowned model of Uzbek origin, received the Filming Italy Women Power Award during the 16th edition of the Charity Event, organized by Agnus Dei, founded by Tiziana Rocca, in collaboration with the Rome Film Festival and Sala Grande.  Alongside her professional career, Vialina Lemann promotes a vision of female empowerment rooted in self-awareness, freedom of thought, and every woman’s right to define her own identity and path. Through her personal story and international presence, she champions independence, authenticity, and the importance of embracing one’s cultural roots, encouraging women to recognize their own strength and freely express…