NOAA says Atlantic hurricane season looks quieter, but prep still starts June 1
NOAA sees a below-normal Atlantic season this year, but the forecast is not a landfall prediction — and one storm can still cause major trouble.
United States
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U.S. inflation stayed at 3.8% in April as gas and grocery costs lingered
April CPI and PCE both ran at 3.8% year over year, while gas prices and softer confidence kept pressure on U.S. household budgets in May.
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Hyundai recalls 421,078 U.S. vehicles over braking software defect
Hyundai is recalling more than 421,000 U.S. vehicles after a front-camera software flaw could trigger unexpected braking and raise crash risk.
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U.S. jobless claims dipped again as layoffs stayed historically low
United States Evening Economy Update – Weekly claims fell to 209,000, reinforcing a cooler but still steady labor market as the holiday weekend begins.
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Supreme Court keeps mifepristone access in place for now
The Supreme Court’s latest order leaves mifepristone access unchanged for now while a Louisiana-led challenge continues in the courts.
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U.S. mortgage rates jump to 6.51%, squeezing peak-season buyers
Freddie Mac says the average 30-year mortgage rate rose to 6.51%, pushing monthly costs higher just as spring homebuying reaches its busiest stretch.
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Federal Reserve opens comment period on proposed payment account for fintechs
The Fed is seeking comment on a limited payment account for eligible firms, a proposal that could reshape payments, competition, and oversight nationwide.
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FAA lowers controller staffing target in new national workforce plan
The FAA has cut its long-term controller staffing target to 12,563, a change that could affect flight reliability, airport operations, and planning.
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U.S. inflation climbed in April as retail sales kept rising
April inflation sped up to 3.8% while retail sales rose 0.5%, leaving households with higher costs even as consumer spending stayed resilient.
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Nationwide B. Braun IV recall flags two Lactated Ringer’s lots
B. Braun recalled two lots of Lactated Ringer’s Injection, 1L, after particulate matter was found in solution, prompting hospital safety checks.
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U.S. jobs growth held up in April, but labor-force participation slipped
April hiring stayed positive, unemployment held at 4.3%, and a lower participation rate suggests a cooler labor market ahead.
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Nationwide infant formula recall raises evening safety concerns for parents
Parents should check a2 Platinum Premium infant formula tonight after an FDA-posted recall over possible cereulide contamination in three U.S.-sold batches.
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U.S. jobs growth beat forecasts in April, keeping labor market sturdier
April hiring topped expectations with 115,000 new jobs and unemployment steady at 4.3%, signaling a cooling but resilient U.S. labor market.
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Tesla recalls about 219,000 U.S. vehicles over rearview camera delay
Tesla is recalling about 218,868 U.S. vehicles over a software issue that can delay rearview camera images; owners should check VINs and update status.
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U.S. productivity slows in Q1 as labor costs rise
New BLS data show slower productivity and higher labor costs in Q1, a fresh signal on inflation, business margins, and Fed caution.
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Supreme Court temporarily restores mifepristone access nationwide
The Supreme Court temporarily restored broad mifepristone access after an appeals court restriction, but the legal fight and the risk of another shift remain.
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USTR tariff hearings could shape import costs and consumer prices
USTR hearings this week could lead to new trade actions on excess capacity, with possible ripple effects for prices and supply chains.
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Spirit Airlines shuts down nationwide, stranding travelers and triggering refund questions
Spirit Airlines has begun an orderly shutdown and canceled all flights nationwide, leaving travelers to check bookings, refunds, and rebooking options.
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Supreme Court Louisiana ruling starts a new redistricting fight
The Supreme Court’s Louisiana v. Callais ruling could reshape Voting Rights Act cases nationwide, and Louisiana has already suspended House primaries.
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Congress extends FISA powers 45 days, pushing deadline to June 12
Congress and the White House approved a short FISA extension, avoiding a lapse in Section 702 while leaving the bigger debate for June 12.
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What Percentage of Billionaires’ Wealth Growth Actually Gets Taxed?
United States – February, 20, 2026 When people say billionaires…