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Wednesday, feb 26
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51°
Wednesday, feb 26
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House Financial Services Committee
Business
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…
Politics
Video: 'So You Won't Take Down Lies?' Ocasio-Cortez Asks Zuckerberg In Battle Of Westchester
A pair of Westchester’s most famous high school graduates sparred this week during a hearing before the House Financial Services Committee over Facebook’s Libra crypto project. Facebook founder Mark Zuckerberg - a White Plains native who grew up in Dobbs Ferry and attended Ardsley High school - and freshman Congresswoman Alexandria Ocasio-Cortez - a Yorktown High School graduate - went toe-to-toe over the social media giant’s use of political ads and information. “You announced recently that the official policy of Facebook now allows politicians to pay to spread disinformation in 2020 elec…