Georgia Howe
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Inflation rose again in December, with prices continuing to squeeze household budgets ahead of another federal interest rate decision. According to the Labor Department, inflation ticked up 0.4% last month, bringing the annual rate to 2.9%, the highest since July of 2024. Rising energy costs, which surged 2.6%, drove much of the increase, while food prices have also risen.
Inflation rose again in December, with prices continuing to squeeze household budgets ahead of another federal interest rate decision. According to the Labor Department, inflation ticked up 0.4% last month, bringing the annual rate to 2.9%, the highest since July of 2024. Rising energy costs, which surged 2.6%, drove much of the increase, while food prices have also risen.
Despite the uptick, economists expect the Fed to hold interest rates steady later this month. Here's Wells Fargo economist Shannon Green.
Despite the uptick, economists expect the Fed to hold interest rates steady later this month. Here's Wells Fargo economist Shannon Green.
A bill barring males from female sports passed the House with two Democrats supporting the measure. The Protection of Women in Girls Sports Act passed 218 to 206, with Representatives Henry Cuellar and Vincent Gonzalez of Texas breaking party lines to support the measure.
A bill barring males from female sports passed the House with two Democrats supporting the measure. The Protection of Women in Girls Sports Act passed 218 to 206, with Representatives Henry Cuellar and Vincent Gonzalez of Texas breaking party lines to support the measure.
Opponents, like Representative Andrea Salinas, warn it could lead to intrusive questioning and unfair targeting of transgender youth. Proponents, including Speaker Mike Johnson, argue the bill protects fairness in women's sports. Congressman August Pflueger, a co-sponsor of the bill, told Morning Wire he and his colleagues want to continue this push back towards common sense.
Opponents, like Representative Andrea Salinas, warn it could lead to intrusive questioning and unfair targeting of transgender youth. Proponents, including Speaker Mike Johnson, argue the bill protects fairness in women's sports. Congressman August Pflueger, a co-sponsor of the bill, told Morning Wire he and his colleagues want to continue this push back towards common sense.
When might he be confirmed and does he have the votes?
When might he be confirmed and does he have the votes?
And Israeli hostages could reunite with loved ones soon as ceasefire negotiations close in on a deal.
And Israeli hostages could reunite with loved ones soon as ceasefire negotiations close in on a deal.
Here with the highlights is Daily Wire senior editor Cabot Phillips. So Cabot, we expected this hearing to be particularly contentious, and it was. What were the takeaways?
Here with the highlights is Daily Wire senior editor Cabot Phillips. So Cabot, we expected this hearing to be particularly contentious, and it was. What were the takeaways?
Well, a vote could come as soon as next week. Cabot, thanks for reporting.
Well, a vote could come as soon as next week. Cabot, thanks for reporting.
As fires continue to rage across Los Angeles, state politicians voted to allocate $50 million to fight incoming President Donald Trump and his policies, with half of that money being devoted to protecting illegal immigrants.
As fires continue to rage across Los Angeles, state politicians voted to allocate $50 million to fight incoming President Donald Trump and his policies, with half of that money being devoted to protecting illegal immigrants.
Here with the latest on this rapidly developing story is Daily Wire deputy managing editor, Tim Rice. So Tim, this is potentially a very big moment. How likely is it this deal goes through?
Here with the latest on this rapidly developing story is Daily Wire deputy managing editor, Tim Rice. So Tim, this is potentially a very big moment. How likely is it this deal goes through?