Stories from United States

Consumer prices in the US accelerated in April, largely driven by higher gas prices. Food economists estimate it will take approximately six months for the effects of the Iran war to impact grocery prices. Treasury yields are rising across the curve. Effects from the Iran war are expected to be felt in grocery prices. The exact annual rate was not specified in this report. The Trump administration is considering suspending the gas tax. The Federal Reserve is expected to consider this data in its upcoming monetary policy decisions. Consumers are facing higher costs for everyday goods as companies pass on expenses. Average diesel prices are even higher than gasoline. This figure represents the highest rate in some time, driven by costs in healthcare, gasoline, housing, and groceries. Data analysis indicates price increases have contributed to this rate.

Kraken reported issuing 56 million tax forms, with nearly a third of these for transactions less than $1. The exchange stated it is time to fix digital asset taxes, aligning them with the logic of taxing stocks and securities.

Democrats are aiming to flip a House seat in Nebraska following the retirement of Republican Congressman Don Bacon. The winner of the primary will face Republican Brinker Harding in November.

Two Air Force pilots from Columbus Air Force Base ejected from a jet that crashed near Fayette-Lamar County. Both pilots are reported to be safe.

A large retail theft ring operating across the United States has been targeted by law enforcement. The ring is accused of operating in at least nine different states.

An unoccupied Waymo RoboTaxi encountered an untraversable flooded section of a roadway in San Antonio. The incident occurred on a flooded section of road. However, San Antonio officials stated that the state law did not specify anything about rainbow sidewalks.

Three people were injured in a shooting that occurred early Monday morning at the intersection of Plank and Chippewa roads. The specific circumstances leading to the shooting were not immediately clear.

Apple has acquired Color.io, a color grading tool developed by a single developer. The acquisition was disclosed in a January filing and is used by filmmakers and photographers.

AI company Anthropic has reportedly purchased millions of physical books, scanning them to create digital versions for training its AI systems. This move is part of its ongoing efforts to develop advanced language models.

A new Congressional Budget Office report projects that Donald Trump's proposed antimissile shield, referred to as 'Golden Dome,' would cost more than $1 trillion. This estimate is largely based on a previous executive order.