El Niño is officially here, and this one could be a doozy

Prepare for intense heat, drought and some flooding — it’s officially El Niño season, the National Weather Service announced Thursday. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. This El Niño event could be on par with some of the strongest documented in the past, according to models … Read more

Kevin Warsh is now leading the Fed. His main challenge is a doozy.

New Federal Reserve Chair Kevin Warsh could face a rude awakening this week with the release of key inflation data that economists expect to show consumer prices continuing to surge in April.  Another hot month for inflation would make it harder for the Fed to deliver the interest rate cuts policymakers were projecting earlier this … Read more