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The Latest Breaking News from Ernie Tedeschi

Port of LA imports fell nearly 20% in May, and it may mean higher prices and fewer choices on back-to-school and Halloween items

“Consumers will likely see lower inventories, fewer selections on store shelves, and higher prices in some cases,” Port of LA Executive Director Gene Seroka told reporters.

Fortune

57 Receipts That Prove It’s The Regular Americans Who Are Paying The Price Of High Tariffs

"Paid $255k in tariffs. That's more than any of our founders were paid last year."

Bored Panda

DOGE has teased $5,000 stimulus checks amid mass spending cuts. Here’s what we know

Budget experts have weighed in as rumors swirl about $5000 checks being delivered to every taxpaying household

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Experts: "No tax on tips" is a bad idea

Trump and Harris agree that tips shouldn't be taxed. Economists agree that won't help much — and could backfire

Salon

Biden's Executive Order May Boost Supply Chain Efficiency, But Impact Labor Market

As per the new executive order, the government will discontinue this restriction after the daily average of migrants crossing the border falls below 1,500 for a week.

Latin Times

Cheaper eggs and gas lead inflation lower in May, but higher prices pop up elsewhere

Inflation cooled slightly in May, thanks in part to falling gas and egg prices. But the overall cost of living is still climbing faster than the Federal Reserve would like.

People

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