Gates reportedly prepared for his testimony with the help of Jake Greenberg, who previously was the Oversight committee's chief investigations counsel.
The trust funds backing Social Security face increased pressure, partly due to last year’s One Big Beautiful Bill Act.
The US president warns Iran "will have to pay the price" for taking too long to agree a deal, after Tehran vows retaliation to any attacks.
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David Kelly, chief global strategist at JPMorgan Asset Management, says there’s a good chance that May “will actually turn out to be the high-water mark for inflation in this cycle” as he examines what the CPI report means for Federal Reserve policy at the June meeting.
Bitcoin rose above $62,000 after the latest US inflation report gave traders enough relief to step back from a deeper test of the $60,000 level. The move followed several days of pressure across crypto markets, where investors had been preparing for the possibility that a hotter inflation print ...