‘Unusually High’ Inflation: Consumer Costs Rose Again in February

aceless person with cash and calculator app on smartphone

Consumer prices jumped again in February, in part driven by a significant rise in gasoline prices, according to newly released federal inflation data.

The U.S. Bureau of Labor Statistics released its Consumer Price Index Tuesday, a leading marker of inflation, which showed prices rose 0.4 percent in February and 3.2 percent over the past year.

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GOP Lawmakers Eye Tax on ‘Woke’ Private Universities’ Massive Endowments

High-profile Republicans are pushing a new strategy to tax universities’ endowments, arguing the institutions don’t deserve their tax-exempt statuses because they use their vast amounts of money to push “woke” biases.

While initial efforts in Congress appear to have stalled for now, watchdogs warn higher education leaders that this strategy has only just begun.

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