US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs

U.S. Deploys Ukrainian Acoustic Sensors, Interceptor Drones At Prince Sultan Air Base Last month's Iranian drone strike on Prince Sultan Air Base in Saudi Arabia appears to have inflicted a costly toll on U.S. forces in the region. The attack destroyed a U.S. Air Force E-3 Sentry Airborne Warning and Control System aircraft and damaged multiple KC-135 refueling tankers, highlighting a major gap in U.S. air defenses against cheap attack drones. Nearly a month after the drone strike on Prince Sultan Air Base, and following multiple reports that Ukrainian drone forces...

Trump Unveils New Air Force One Plane Authored by Jacob Burg via The Epoch Times, President Donald Trump on June 19 unveiled the plane that will serve as the new Air Force One, a $400 million Boeing 747-8 luxury jet that was gifted to the United States by the Qatari government in 2025. President Donald Trump delivers remarks after touring the newest aircraft in the presidential fleet at Andrews Air Force Base at Joint Base Andrews, Md., on June 19, 2026. Alex Wong/Getty Images Trump stepped down from the plane inside a new...

Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income The Fed's favorite inflation indicator - Core PCE - rose 0.3% MoM in January (as expected), a dip from the 0.4% sequential increase in February, with YoY rising by 3.2% (also as expected), slightly higher than the 3.0% in Feb. That is the highest annual increase in Core PCE since Nov 2023.  The headline PCE jumped notably more, as expected since it includes non-core items like energy and food, rising 0.7% MoM (as expected) driving prices up...