In 2025, U.S. electricity prices rose 6.9 percent, compared to inflation’s pace of 2.9 percent, Goldman Sachs analysts have calculated. The price of power will continue escalating as artificial intelligence (AI) data centers make up 40 percent of growth in U.S. electricity demand through the rest of this decade, they said. Electricity production is growing......
Donald Trump’s massive tax cuts and other economic policies will add $1.4 trillion to the federal government’s debt through 2035, the nonpartisan Congressional Budget Office (CBO) said in an update last week.
Until recently, low-earning households were the almost exclusive clientele credit counselors served.
Inflation’s pace in the U.S. moderated to 2.4 percent last month, led by a decline in gasoline prices amid a global oil glut and a slowdown in the rate of rent increases.
The so-called “K-shaped” U.S. economy continues to widen the gap between elite, affluent spenders and the more than half of American households that struggle to pay their bills, various news outlets are reporting.
Closures continue to hit the retail and restaurant industry due to rising costs and declining demand.
The U.S. added 130,000 jobs in January according to data released Wednesday by the Bureau of Labor Statistics (BLS).
The death toll in Israel’s genocidal war in Gaza reached 72,063, with more than 171,726 Palestinians injured. That number includes 603 people killed since the so-called ceasefire from October 2025.
The High Court in London ruled last week that the country’s ban on the activist group Palestine Action was unlawful and played a significant role in interfering with “the right to freedom of speech and the right to freedom of assembly” for its members.
Bectu, the UK creative labor union, warned last week that the planned cuts to the BBC could have a deleterious impact on the journalism produced by the broadcaster in a time where other news outlets reconfigure budgets due to advertising losses in the age of AI and a saturated news market.