Rising Inflation Squeezes US Workers' Earnings, BLS Data Reveals
US real average hourly earnings fell 0.1% in May as inflation rises. Higher energy prices and constrained budgets add to household stress.
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US real average hourly earnings fell 0.1% in May as inflation rises. Higher energy prices and constrained budgets add to household stress.
US CPI inflation accelerated to 4.2% in May, the fastest pace in three years, driven by high energy prices. Core CPI rose 2.9%.
President Trump announces Bill Pulte as acting DNI from June 19, replacing Tulsi Gabbard, who resigned due to family health reasons.
House passes $70 billion Secure America Act for border enforcement, handing Trump a major victory. Bill funds ICE, CBP for three years.
Andrew Giuliani says the 2026 FIFA World Cup will be the greatest sporting event in history, showcasing American exceptionalism during the nation's 250th anniversary.
Meta launches America’s Workforce Academy with a $115M investment, offering free training and guaranteed jobs for skilled trades like electricians and welders.
First Lady Melania Trump says AI can reshape industries, strengthen communities, and expand education, urging young Americans to use it boldly.
Nithya Raman, a Democratic Socialist of Indian heritage, secures second spot in LA mayoral primary, setting up a November runoff against incumbent Karen Bass.
TSMC doubled its market cap to $1.427 trillion, entering the PwC Global Top 10 2026 rankings and elevating Taiwan to fourth place globally.
Trump claims US will achieve 'total victory' over Iran within two weeks, citing progress in nuclear talks and predicting oil prices will drop.
US lawmakers cheer federal court order blocking $100,000 H-1B visa fee. Republicans, Democrats unite against Trump administration's visa curbs.
Indian-American Nithya Raman defeats Spencer Pratt to advance in LA mayoral race, set to face incumbent Karen Bass in November.
Donald Trump becomes the first sitting US president to attend an NBA Finals game, drawing mixed reactions at Madison Square Garden during Game 3.
A federal judge invalidates the Trump administration's $100,000 H-1B visa fee, ruling it an unauthorized tax that exceeds executive branch powers.
A federal court struck down the $100,000 H-1B visa fee. FIIDS welcomes the ruling as a step toward fairness in the employment-based immigration system.
White House vows appeal after federal judge strikes down Trump's $100,000 H-1B visa fee, ruling it an unlawful tax exceeding presidential authority.
Federal court ruling strikes down Trump-era $100,000 fee on new H-1B visa petitions. Lawmakers and advocates call it a win for employers, healthcare, and US economy.
A federal judge in Massachusetts vacated Trump's $100,000 H-1B visa fee, ruling it an unlawful tax without congressional approval.
A US federal judge blocks President Trump’s $100,000 H-1B visa fee, ruling it violates separation of powers. Learn about the impact on employers and workers.
Trump administration says US scientific agencies, not international bodies like IARC, should lead health risk decisions, citing concerns over transparency and real-world applicability.