Madeleine Ngo
Posts
U.S. Food Prices Rose 0.2% in May
Prices at grocery stores and restaurants rose 0.2 percent last month from April, an increase after prices remained flat the two months before.
Fed Officials Were Split Over June Rate Pause, Minutes Show
In the Federal Reserve’s last meeting, “several” participants thought rates may have moved high enough to get inflation under control.
U.S. Semiconductor Boom Faces a Worker Shortage
Strengthened by billions of federal dollars, semiconductor companies plan to create thousands of jobs. But officials say there might not be enough people to fill...
Food Prices Were Flat in April, Report Shows
Despite the relief in food price growth, costs are still much higher than they were before the pandemic.
A Timeline of How the Banking Crisis Has Unfolded
First Republic’s downfall was just the latest in a series of problems affecting midsize banks.
US Begins Inquiry Into Industry’s Role in Infant Formula Supply Shortages
The Federal Trade Commission said it would examine patterns of mergers and acquisitions to better understand how the industry became so concentrated.
Biden Administration Will Reinstate Some Tariff Exclusions on Chinese Imports
The move comes after months of complaints by business groups that the Biden administration was not doing enough to alleviate financial pain from the Trump...
Justice Dept. Names Prosecutor to Pursue Covid-19 Relief Fraud
President Biden had pledged to name a chief prosecutor to go after “criminals who stole billions in relief money.”
As Infrastructure Money Flows, Mitch Landrieu Must Straddle Partisan Divide
Much of the funding is left up to state leaders, some of whom have already pushed back on the federal government’s goals. Mr. Landrieu will...
Labor groups urge Justice Dept. to ramp up prosecutions of unruly passengers.
A letter to Attorney General Merrick Garland cited an upswing in violent behavior against airline and airport workers.