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US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy

WASHINGTON — U.S. wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are clouding the outlook. The Labor Department reported Wednesday that its producer price index — which captures inflation before it reaches consumers — dropped 0.3% from May, biggest decline since April 2025 and a reversal from […]
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Blanche reiterates that “anti-weaponization” fund is “dead” at Senate confirmation hearing

Blanche reiterates that “anti-weaponization” fund is “dead” at Senate confirmation hearing

Washington — Acting Attorney General Todd Blanche reiterated on Wednesday that the Justice Department has no plans to launch a $1.8 billion “anti-weaponization” fund at the heart of a controversial settlement between President Trump and the IRS, even though language in the settlement agreement filed in a federal court has yet to be amended by […]
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The US Media is a dynamic online news platform delivering timely, accurate, and comprehensive updates across a range of topics, including politics, business, technology, entertainment, and sports. With a commitment to credible journalism, United News provides in-depth analyses, breaking news, and thought-provoking features, ensuring readers stay informed about global and local developments.

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