Free Republic

A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown that gives a further green light for the Federal Reserve to lower interest rates. The core personal consumption expenditures price index, which excludes volatile food and energy prices, indicated a 0.2% monthly rise while the annual rate was 2.8%. The monthly rate was in line with the Dow Jones consensus, but the annual level was 0.1 percentage point lower. The core annual rate edged down from 2.9% in August.In addition, headline PCE increased 0.3% for the month,...

The Trump administration and its allies moved to tighten control of the U.S. Agency for International Development over the weekend, signaling an intent to act forcefully to bring the U.S. foreign policy apparatus in line with the president’s “America First” approach to engaging with the world.SNIPVoorhees was put on leave after he did not allow officials from the “Department of Government Efficiency” to access a sensitive compartmented information facility — commonly known as a SCIF — an ultra-secure room where officials and government contractors take extraordinary precautions to review highly classified information, according to three current and former USAID officials.SNIPWhen...

The first warm, sunny days of spring in the southern Mykolaiv region are ushering in a grim new reality: the smell of the dead. As the frost melts and ground thaws, the bodies of Russian soldiers strewn across the landscape are becoming a problem. In his nightly video address on Saturday, Vitaly Kim, the region's governor, called on local residents to help collect the corpses and put them in bags, as temperatures rise to above freezing. "We're not beasts, are we?" he implored residents, who have already lost so many of their own in this war.