Author: Press Room

A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty ImagesPrices in April rose at their fastest pace since May 2023. Traders on prediction market platforms think the peak in inflation isn’t here yet. While the headline annual inflation rate rose 3.8% last month, traders on Kalshi think it is near certain that price increases will rise above 4% in 2026, and give almost two-in-three odds that it goes above 4.5%.Traders also see an almost 40% chance that inflation will cross 5% this year. That hasn’t happened since February…

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Washington — Marty Makary resigned as commissioner of the Food and Drug Administration on Tuesday, according to two sources familiar with the matter, stepping aside amid a swirl of reports that his tenure was coming to an end over internal policy disagreements.His departure follows reports of conflict and tension over the FDA’s agenda. On May 6, the FDA approved some flavored e-cigarettes from the vaping company Glas Inc., and touted its safety restrictions to limit use by young people. According to The Wall Street Journal, the move came only after Mr. Trump pressured Makary to approve the fruit-flavored vapes, which…

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NEWYou can now listen to Fox News articles! An Arizona county assessor says she was scolded by the sheriff overseeing the search for Nancy Guthrie after her office sent a tip about the case to the FBI, according to a new report.Guthrie is the 84-year-old mother of “Today” co-host Savannah Guthrie. She is believed to have been abducted from her home in the Catalina Foothills neighborhood on Feb. 1.The official, Suzanne Droubie, told the Arizona Republic that the sheriff scolded her after techs in her office, which is responsible for property records in Pima County, sent data to the FBI.SEND…

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May 12 is Census Day, which means time is running out to submit the census in Canada. Not filing on time or refusing to submit altogether could lead to hefty fines or even criminal prosecution.Here’s what to know. What is the fine for not doing the census? The Census of Population is conducted every five years by Statistics Canada, as required by law under the Statistics Act. This is why participation by all Canadian households is mandatory, in addition to the separate Census of Agriculture required by farmers and other agricultural operators. Story continues below advertisement “Just as Statistics Canada…

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Shares of memory and storage companies fell sharply on Tuesday as investors took profits following a massive rally tied to artificial intelligence infrastructure demand, triggering a broad selloff across the semiconductor memory sector.Shares of SanDisk (SNDK) dropped 9.39% to around $1,402 during midday trading, while Micron Technology fell more than 8.19% to roughly $730. Western Digital declined about 7.2% to $478.The coordinated decline came after the same stocks posted strong gains in the year.The latest pullback suggests investors are rotating out of some of the market’s biggest AI-linked winners following an extraordinary run higher over the past year.Profit-taking hits AI…

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Altman says he was ‘completely caught off guard’ by his ouster in 2023Altman is answering questions about the tumultuous few days when he was briefly ousted as CEO of OpenAI in 2023. He said he was “completely caught off guard” and “quite shocked” by the board’s decision to remove him, and that he did not get much of an explanation as to why, other than that he had not been consistently candid in his communications. Altman said he was very angry and hurt as these events unfolded. He said he had poured years of his life into OpenAI, and he…

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A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026.Al Drago | Getty ImagesUnited Airlines flight attendants approved a new five-year labor contract with 31% average raises to base pay by August and other improvements, marking the last of the major carriers with unionized flight crews to reach a deal post-Covid.The labor deal would give United’s roughly 30,000 flight attendants their first raises in close to six years. The company and the flight attendants’ union reached a preliminary deal in March. Crews had rejected a contract last year.The union said the contract won 82% approval…

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Beirut, Lebanon – Israel’s war has created a lost generation of Lebanese students, widening societal disparities and, in turn, damaging national unity, experts have told Al Jazeera.Israel has destroyed schools across southern Lebanon and displaced hundreds of thousands of students. Hundreds of educational institutions have turned into makeshift shelters for thousands of displaced people, causing a compounding series of disruptions to an education system that was already struggling as a result of a debilitating economic crisis.Recommended Stories list of 3 itemsend of listSchools in Lebanon have responded by using online learning and other programs to reach students, but education experts…

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NEWYou can now listen to Fox News articles! Republicans celebrated another high court ruling in their favor after the U.S. Supreme Court allowed Alabama to revisit its congressional map just three years after the bench forced a race-conscious redraw.After the court ruled Louisiana’s map improperly weighted racial factors, Alabama lawmakers moved quickly to advance a redistricting plan aimed at triggering a fresh legal review. That effort paid off late Monday when the Supreme Court overturned a 2023 order from “Allen v. Milligan” that created a second Black-population-conscious district, which flipped Democratic in 2024, and returned the case to a federal…

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