Trump Backs Idea to Send Some DOGE Savings to American Citizens
President Donald Trump says he likes the idea to give some of the savings from Elon Musk’s Department of Government Efficiency back to U.S. citizens as a kind of dividend
Trump floated sending refund checks from DOGE savings to Americans. That could reignite inflation
President Donald Trump said he is considering a plan that would give 20% of savings identified by Elon Musk’s Department of Government Efficiency (DOGE) back to Americans, potentially complicating the country’s ongoing battle with elevated inflation.
Trump Said He Likes Musk’s Idea of Giving Americans a Dividend of DOGE’s Savings
The administration is considering a concept in which 20% of the savings produced by DOGE’s cost-cutting efforts goes to American citizens.
Trump Says He's Considering Returning 20% of DOGE Savings to Americans
Speaking at a meeting of global financiers and tech executives hosted by Saudi Arabia's sovereign wealth fund in Miami, Trump said he is also considering using another 20% of the savings to pay down the federal government's debt.
Trump floats giving 20% of DOGE savings to American citizens
The amount of any payments -- an idea that Trump said was still under consideration -- would depend on figures from DOGE, which has had some of its savings claims debunked.
Trump Floats Giving DOGE Savings to Public, Defending Cost Cuts
President Donald Trump suggested that some savings from his federal cost-cutting effort, overseen by billionaire Elon Musk, could be sent back to US taxpayers, with another portion being used to reduce the national deficit.
10 Cities Hardest Hit By Inflation: Did Yours Make the List?
Was your city hit harder by inflation? Here are the 10 cities where residents saw prices rise the highest.
US's Fed Reserve looks to pause interest rate cuts as risk of inflation rises
According to recently released minutes of the 28-29 January meeting, officials said President Trump's proposed tariffs and ...
The Economist1h
Investors fear inflation is coming back. They may be right
A fter peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks bring down interest rates, headline inflation across the rich world is ...
With High Prices Persisting, Trump Tempers Tone on Slaying Inflation
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
US inflation got worse with rising groceries and gasoline prices
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
USA Today7d
Grocery prices jumped 0.5% last month. Here's where shoppers were hit hardest.
Starting off your day with bacon and eggs? It'll cost you. Grocery price inflation has come a long way since hitting 13.5% in the summer of 2022, but January saw a notable jump with prices up 1.9% ...
Did prices jump in January? Inflation report will provide latest update on consumer costs.
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9 percent from a year ...
December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled
(AP Photo/David Zalubowski) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] WASHINGTON (AP) — U.S.
Inflation in Canada quickens to 1.9% on energy prices
Canadian consumer prices reaccelerated for the first time in three months as the central bank’s preferred core measures are ...