US inflation to hit 3.6% in September? Why CPI data matters for Fed rate decision

US inflation and gas prices remain key factors in the Federal Reserve's October interest rate decision. (Pexel/Representative image) (Pexel)

The US Consumer Price Index (CPI) report, due on Wednesday, October 15, is expected to show that inflation increased in September as energy prices rose. The data will help investors understand how prices are changing and what the Federal Reserve may do with interest rates. US inflation and gas prices remain key factors in the … Read more

Trump administration wants tax filers to reveal citizenship status: What changes, who could be affected and why it matters

Trump administration is proposing a new requirement that would ask people filing federal tax returns to disclose their citizenship or immigration status to the Internal Revenue Service. (AP Photo)

The Trump administration has proposed requiring US taxpayers to disclose their citizenship and work authorization status to the Internal Revenue Service on the annual tax form filed by nearly all workers. Trump administration is proposing a new requirement that would ask people filing federal tax returns to disclose their citizenship or immigration status to the … Read more

What is the White House pool? How it works and why it matters

"I Stand With AP, CNN, MS NOW, and Politico" signage near the James S. Brady Press Briefing Room of the White House in Washington, DC, US. (Bloomberg)

The White House press pool, a rotating cast of news outlets that covers the president, is now a battleground over free speech rights between President Donald Trump and the media. “I Stand With AP, CNN, MS NOW, and Politico” signage near the James S. Brady Press Briefing Room of the White House in Washington, DC, … Read more

SpaceX’s $100 billion bet on Louisiana Starbase: 3,000 jobs, rocket hub – why it matters

SpaceX’s $100 billion bet on Louisiana Starbase: 3,000 jobs, rocket hub - why it matters

SpaceX has officially announced Starbase, a new $100+ billion spaceport in South Louisiana near Pecan Island. (Photo: @SawyerMerritt) SpaceX plans to build a $100 billion, 125,000-acre (50,585-hectare) Starship launch complex on Pecan Island in US’ southern Louisiana, an area that serves as protected habitat for dozens of migratory bird species and whose receding wetlands help … Read more

Why Putin’s first Kuril Islands visit matters as Russia-Japan ties hit new low

Why Putin’s first Kuril Islands visit matters as Russia-Japan ties hit new low

File photo: Russian President Vladimir Putin watches a military exercise from the board of the Varyag missile cruiser of the Pacific Fleet near Yuzhno-Sakhalinsk, on Sakhalin Island, Russia Russian President Vladimir Putin has visited the disputed Kuril Islands for the first time, travelling to Iturup as Moscow’s relations with Japan remain deeply strained over Russia’s … Read more