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Top News Stories May 13, 2026 – 02:00 PM CDT
Top News Stories May 13, 2026 – 01:00 PM CDT
Top News Stories May 13, 2026 – 12:00 PM CDT
Top News Stories May 13, 2026 – 11:00 AM CDT
Top News Stories May 13, 2026 – 10:00 AM CDT
Top News Stories May 13, 2026 – 09:00 AM CDT
Top News Stories May 13, 2026 – 08:00 AM CDT
The Senate confirms President Trump’s nominee for to chair the Federal Reserve. Bernie Bennett has more.
VERBATIM:
The 51-45 vote was largely along party lines, with Sen. John Fetterman of Pennsylvania the only Democrat to vote in favor of Warsh, a former Fed governor and Wall Street banker. Warsh’s nomination to be the central bank’s chair for a four-year term requires a separate Senate vote, which is expected as soon as Wednesday.
Bernie Bennett, Washington.
Prime Minister Keir Starmer is under pressure to resign as junior ministers quit, and Members of Parliament urge him to go.
VERBATIM:
Starmer has promised to “get on with governing”, defying calls from more than 80 MPs who are urging him to leave imminently or set out a timetable to do so after his Labour Party suffered heavy election losses.
Amid the uncertainty, King Charles III is to give a speech on Wednesday to open the next parliamentary session and outline the government’s plans.
Bernie Bennett reporting.
WASHINGTON (AP) – U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher. Details from Correspondent Bernie Bennett.
VERBATIM:
Excluding volatile food and energy costs, so-called consumer core prices were up 0.4% last month from March and 2.8% from April 2025, relatively modest readings that suggest the energy price burst isn’t yet spilling over much into other prices.
Bernie Bennett in Washington.