Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"

US Airports Remain Busy Despite Surging Prices Following the historic slump in air travel during the Covid-19 pandemic, passenger volume at U.S. airports has gradually recovered, roughly matching pre-pandemic levels in 2023 and exceeding it in 2024 and 2025. In fact, 2025 was the busiest year ever at U.S. airports with an average of 2.48 million travelers passing through TSA checkpoints each day. Despite the latest surge in ticket prices – airline fares have risen 12.6% since January and more than 25 percent since July 2025, Statista's Felix Richter reports 2026 is on track to match or even...

Poison Ivey: Chicago Bulls Release Forward After He Speaks Out Against Pride Month Authored by Jonathan Turley, This week, the Chicago Bulls waived guard Jaden Ivey for “conduct detrimental to the team.” No, Ivey did not assault anyone or gamble on games. He did not call for violence. Ivey expressed his opposing religious beliefs, including criticizing the NBA’s Pride Month celebrations. There is no question that private companies have the right to control employees’ on-the-job speech, including barring demonstrations such as kneeling during the national anthem. However, the Ivey controversy exposes the hypocrisy of sports associations and teams...

US To Power Base With Nuclear Aircraft Carrier As Navy Mulls New Floating Reactor Program Later this summer, the nuclear-powered USS Gerald R. Ford will export electricity from its two A1B reactors directly to Naval Station Norfolk, powering the largest naval base in the world from a $13 billion supercarrier sitting at the pier. Acting Secretary of the Navy Hung Cao provided the news during a May 14 House Armed Services Committee hearing on the FY2027 budget. “This summer, Naval Station Norfolk in Virginia is going to be powered from an...