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Shoppers guide their carts through the milk display in a Costco warehouse on Jan. 23, 2025.

Pain ahead: Inflation spiked to 6.5% in May in producer index, highest since 2022

Zach Halaschak -
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A shopper looks at packages of meat at a grocery store in Dallas, Wednesday, April 15, 2026. (AP Photo/LM Otero)

Inflation rose to 4.2% in May, highest in three years, as Iran war spiked energy prices

Zach Halaschak -
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The data shows no sign of a recession.

The spin-free reality underlying the jobs report for May, with charts

Joseph Lawler -
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President Donald Trump listens as Federal Reserve Chairman Kevin Warsh speaks during Warsh’s swearing-in at the White House on May 22. (Alex Brandon/AP)
Economy

New Fed Chairman Kevin Warsh is caught between the Trump agenda and a hard place

Ryan M. Payne -
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Kevin Warsh testifies during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors.

Fed and Warsh under increasing pressure to keep rates higher, thanks to labor market strength

Zach Halaschak -
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The U.S. Supreme Court is seen Tuesday, June 2, 2026, in Washington. (AP Photo/Mariam Zuhaib)
Supreme Court

Supreme Court saves 23 opinions for release in final weeks of term

Jack Birle -
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An U.S. flag flies over the Federal Reserve building on May 4, 2021, in Washington.
Op-Eds

The amendment that built the administrative state

Jay Rogers -
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A now hiring sign.

Job openings rise to highest level in nearly two years

Zach Halaschak -
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Federal Reserve Board Governor Jerome Powell.
Finance and Economy

Jerome Powell speaks about Fed independence after stepping down: ‘Undergoing a stress test’

Emily Hallas -
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Kevin Warsh listens as President Donald Trump speaks during Warsh's swearing in as Chairman of the Federal Reserve in the East Room of the White House, Friday, May 22, 2026, in Washington.

Tough news for Kevin Warsh in first full week as Fed chairman

Zach Halaschak -
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