U.S. consumer price inflation surged higher again in October, according to the Bureau of Labor Statistics. Over the past 12 months, prices climbed 6.2% — the biggest increase since November 1990. CNN’s Matt Egan reports.
The Trump administration has intensified its campaign against elite universities, canceling federal grants and contracts over allegations of antisemitism on campus. This has led to hiring freezes at institutions such as the University of California and Princeton following spending cuts. Additionally, the White House has signed an executive order to dismantle the Department of Education.