Inflation in the US cooled in January, according to the Department of Labor, as prices for energy and used cars fell, marking the slowest pace since May. Simultaneously, the Department of Homeland Security is requesting identifying information from tech companies about social media users who criticize Immigration and Customs Enforcement (ICE), while a US federal judge has ordered the return of some Venezuelan deportees to the United States. In other news, a California economics professor is warning about deficits in learning among current college students, and Canadian Prime Minister Mark Carney paid tribute to victims of a recent school shooting.
The consumer price index rose by 2.4% over the 12 months to January, down from 2.7% the prior month, according to the Department of Labor (Source 3). This retreat could lead to arguments that the central bank is in a position to cut interest rates, though some analysts have warned that further progress toward the Federal Reserve's 2% target could stall.
The Department of Homeland Security is expanding its efforts to identify Americans who oppose ICE by sending tech companies legal requests for the names, email addresses, telephone numbers, and other identifying data behind social media accounts that track or criticize the agency (Source 2). Google, Meta, and Reddit have complied with some of the requests, according to government officials.
In California, Long Beach State Economics professor Andrea Mays expressed concern about the impact of scrapping standardized testing, arguing that it is a disservice to students (Source 1). Mays told Fox News Digital that the current cohort of college students are arriving on campus unprepared.
A US federal judge ordered that some of the Venezuelan men sent by the Trump administration to a notorious prison in El Salvador must be allowed to return to the United States to fight their cases (Source 4). Luis Muñoz Pinto, a 27-year-old deportee, welcomed the chance to clear his name but also expressed fear of a repeat ordeal.
Canadian Prime Minister Mark Carney paid tribute to victims of a recent school shooting in Tumbler Ridge during a candlelight vigil (Source 5). Carney told residents that the country is with them.
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