Robert F. Kennedy Jr., known for his anti-vaccine stance, was confirmed as the U.S. Secretary of Health and Human Services on February 13, 2025, sparking debate over public health policies and the influence of Trumpism in the Republican Party.
The latest Consumer Price Index report shows U.S. inflation accelerated in January, with significant increases in grocery, gasoline, and shelter costs. This unexpected uptick has influenced the Federal Reserve's stance on interest rates and raised concerns over consumer purchasing power and potential tariff impacts.
Joann Fabrics, a leading fabric and craft retailer, has announced the closure of over 500 stores across 49 states as part of its efforts to right-size its store footprint following its second Chapter 11 bankruptcy filing. The closures will significantly impact employees and customers, with states like California and Florida seeing the highest number of store shutdowns.
A U.S. Navy EA-18G Growler fighter jet crashed into the San Diego Bay near Shelter Island on February 12, 2025, while attempting to land. Both pilots ejected safely and were rescued, with recovery efforts and investigations underway.
Joann Fabrics is set to close more than 500 of its 850 stores across 49 states as part of its financial restructuring efforts, following a second Chapter 11 bankruptcy filing. The closures will significantly impact several states, with California, Florida, and Michigan among the most affected. The company aims to 'right-size its store footprint' and continues to support its employees and customers during this transition.
In January 2025, the U.S. saw a 3% year-over-year increase in the Consumer Price Index, marking the fourth consecutive month of rising inflation. Concerns grow over the end of broad disinflation, with significant price hikes in groceries, energy, and transportation. Economists warn of potential inflationary pressures from President Trump's policy agenda.
Joann, the fabric and craft retailer, is closing more than 500 of its approximately 850 stores across 49 states as part of its bankruptcy restructuring. The closures affect states including California, Florida, and Colorado, with significant impacts on employees and communities.
The Senate confirmed Tulsi Gabbard as President Donald Trump’s director of national intelligence in a narrow 52-48 vote, highlighting the partisan divide and the administration's push to reshape the intelligence community.
In January 2025, U.S. consumer prices rose more than anticipated, with the CPI increasing by 0.5%, pushing the annual inflation rate to 3%. This rise, the highest in nearly 1.5 years, was driven by significant increases in shelter, food, and energy costs. The Federal Reserve may delay interest rate cuts, and proposed tariffs could further exacerbate inflation.
A series of winter storms is impacting over 80 million people across the U.S., with heavy snow, ice, and severe weather expected from the Midwest to the East Coast. The National Weather Service warns of hazardous conditions, including significant ice accumulation and heavy snowfall, leading to travel disruptions and potential power outages.