News
Walmart announces price cuts; Trump claims White House influence | Northwest Arkansas Democrat-Gazette
4+ hour, 43+ min ago (422+ words) President Donald Trump is claiming that Walmart Inc. lowered its prices recently at his request, but the retailer's news release touting the price cuts did not mention Trump and says the rollbacks are meant to help customers buying seasonal supplies....
Egg producers agree to $3. 3 M settlement | Northwest Arkansas Democrat-Gazette
6+ day, 20+ hour ago (720+ words) NEW YORK -- The U. S. Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve accusations that the companies illegally colluded for years to raise prices, including when the cost soared to record highs last year....
Inflation rises to new 3-year high | Northwest Arkansas Democrat-Gazette
1+ week, 4+ day ago (667+ words) WASHINGTON -- The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose problems for President Donald Trump and his political party as midterm elections near. Consumer prices…...
Attention turns to new Fed chair | Northwest Arkansas Democrat-Gazette
2+ week, 6+ day ago (728+ words) WASHINGTON -- Ever since Kevin Warsh was nominated by President Donald Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long…...
Stocks jump higher amid news of US-Iran deal | Northwest Arkansas Democrat-Gazette
3+ week, 18+ hour ago (696+ words) NEW YORK -- Stock markets rallied worldwide Monday, and oil prices eased after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again....
U. S. monthly deficit exceeds $292 billion in May; shortfall for fiscal 2026 tops $1. 2 trillion after 8 months | Northwest Arkansas Democrat-Gazette
3+ week, 6+ day ago (483+ words) WASHINGTON -- The federal government had a $292. 6 billion monthly deficit in May, bringing the total deficit for the first eight months of fiscal 2026 to more than $1. 2 trillion. The Treasury Department released its monthly treasury statement on Wednesday highlighting revenue collections and…...
Inflation outlook sours amid war | Northwest Arkansas Democrat-Gazette
1+ mon, 1+ week ago (599+ words) WASHINGTON -- A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Inflation jumped to 3. 8% in April…...
Consumer confidence index wavers | Northwest Arkansas Democrat-Gazette
1+ mon, 1+ week ago (561+ words) WASHINGTON -- U. S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hovering near record levels. The Conference Board's consumer confidence index slipped 0. 7 points to 93. 1 in May, the first…...
Warsh is sworn in as next Fed chair | Northwest Arkansas Democrat-Gazette
1+ mon, 2+ week ago (1038+ words) WASHINGTON -- President Donald Trump on Friday oversaw the White House swearing-in of the new Federal Reserve chair and said he would like Kevin Warsh's help in stimulating the economy even as he tried to emphasize that the nation's central bank…...
EU officials forecast high oil, gas prices until "27 | Northwest Arkansas Democrat-Gazette
1+ mon, 2+ week ago (369+ words) NICOSIA, Cyprus -- European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an…...