WASHINGTON (AP) — A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease. The government reported Friday that prices rose 0.3% from January to February, decelerating from a 0.4% increase the previous month in a potentially encouraging trend for President Joe Biden’s re-election bid. Compared with 12 months earlier, though, prices rose 2.5% in February, up slightly from a 2.4% year-over-year gain in January. Excludi
Americans are growing less concerned about inflation, and it may finally be helping President Biden's reelection odds.
The U.S. Environmental Protection Agency on Friday said it was finalizing stringent new tailpipe emissions standards for heavy duty vehicles like semi-trucks and buses. The EPA said the new rules setting standards for the 2027 through 2032 model years will avoid 1 billion tons of greenhouse gas emissions and provide $13 billion in annualized net benefits to society. Heavy duty vehicles account for 25% of all greenhouse gas emissions from the transportation sector, which accounts for about 30% of U.S. greenhouse gas emissions.
(Bloomberg) -- A dramatic Israeli Supreme Court ruling that freezes funding to ultra-Orthodox seminaries unless their students serve in the military is forcing Prime Minister Benjamin Netanyahu’s government to contend with its survival as the war in Gaza deepens the country’s political divisions.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseApple Plans New iPad Pro for May as Productio
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