Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores why policymakers are worried these pressures could spread into the broader economy.

In the heart of the Bible Belt, a small Methodist college graduated its final class in May 2024, shutting its doors after 168 years.

Birmingham-Southern College in Birmingham, Alabama, was a Christian private liberal arts school that counted among its graduates members of Congress, famous musicians, Pulitzer Prize winners and the former executive editor of The New York Times. Yet it had been unable to endure years of financial losses.

WASHINGTON (AP) — The Trump administration is set to loosen a federal rule that requires grocery stores and air-conditioning companies to reduce greenhouse gases used in cooling equipment, in what officials say is a push to lower grocery costs.

The head of the Environmental Protection Agency, Lee Zeldin, said the Biden-era rule imposes costly restrictions that limit the type of refrigerants U.S. businesses and families can use.