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12.05.2026

The Day Inflation Spiked to 3.8%

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This page is an archive of main headlines from the US for 12.05.2026.

It displays 238 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

12.05.2026The Day Inflation Spiked to 3.8%

The day was dominated by the April CPI report showing inflation hit 3.8%, the highest since 2023, driven by Iran war energy costs. Multiple outlets (NYTimes, AP, Washington Post, NPR, USA Today, ABC, Epoch Times, The Daily Beast, Common Dreams) led with the jump. The Pentagon raised the war cost to $29 billion (USA Today, Newsmax). Trump dismissed Americans' financial concerns, saying he doesn't 'think about' their situation regarding the war (Daily Caller, HuffPost, ABC). The Trump-Xi summit in China proceeded with reduced ambitions (NYTimes, Washington Post, NPR, CBS). FDA chief Marty Makary resigned amid criticism (AP, NBC, Washington Post). The Supreme Court halted an order for Alabama to use a map with two majority-Black districts (AP, The Federalist).

12.05.2026
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00:51Xi Summit Looms Over Taiwan Arms

The media focuses on Trump's upcoming summit with Xi Jinping, with HuffPost and NYTimes highlighting Xi's likely pressure on Trump regarding arms sales to Taiwan. The Iran ceasefire remains on life support (AP, Washington Examiner, Common Dreams). A Russian ship carrying mystery cargo is noted by CNN.
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06:06Trump and Xi Meet as Iran War Smolders

The media focuses on Trump's upcoming summit with Xi Jinping, with multiple outlets (AP, Washington Post, NPR, CBS, Newsweek, HuffPost, NYTimes) covering the high-stakes meeting amid the Iran war. Russia ends its ceasefire and launches 200 attack drones at Ukraine (Washington Examiner).
06:50
In his first term, the president demanded fundamental shifts in China’s economic model. Now, as he prepares to meet with Xi Jinping this week, he has copied parts of how Beijing does business.
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08:27Supreme Court Blocks Alabama Black Districts

The Supreme Court halts an order requiring Alabama to use a congressional map with two majority-Black districts, allowing the state to scrap one before the midterms. Multiple outlets (AP, The Federalist, Epoch Times) cover the ruling, while the Trump-Xi summit and Iran war remain ongoing.
08:41
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For most of the last half-century, the charge has been that American culture is stuck in adolescence. But adolescence, it turns out, was not the floor. Disney is leading the transformation, expanding into new age markets for maximum profit.
09:30
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10:18Inflation Surges to 3.8% as Iran War Bites

Inflation dominates US headlines after April CPI hit 3.8%, the highest since 2023, driven by Iran war energy costs. Multiple outlets (NYTimes, AP, Washington Examiner, USA Today, ABC, NPR, Epoch Times, Washington Post, The Daily Beast) lead with the jump, while HuffPost and Fox News cover other stories. The hantavirus monitoring and Baltimore bridge charges also appear.
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11:55Inflation Surges to 3.8% as Iran War Bites

Inflation dominates US headlines after April CPI hit 3.8%, the highest since 2023, driven by Iran war energy costs. Multiple outlets (AP, NYTimes, Washington Post, NPR, USA Today, ABC, Epoch Times, The Daily Beast, Common Dreams) lead with the jump, while the Pentagon raises war cost to $29 billion (USA Today, Newsmax).
12:14
12:20
A growing share of world infrastructure is dominated by the eccentric, reactionary, annoying billionaire Elon Musk. He is, regrettably, a key figure to understand — which Ben Tarnoff and Quinn Slobodian set out to do in Muskism.
12:20
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The cost of America's war with Iran has now climbed to $29 billion, according to new testimony Tuesday from a senior Pentagon official — a sharp $4 billion increase from estimates provided just weeks ago. On April 29, the Pentagon estimated the conflict had cost taxpayers roughly $25 billion. But Jules Hurst, the Pentagon's acting comptroller, told lawmakers Tuesday that updated calculations now place the total cost at $29 billion. [Full Story]
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President Donald Trump on Tuesday said the U.S. doesn't "have to rush anything" with Iran, which cannot be allowed to develop a nuclear weapon "because they'd use it." Trump argued the U.S. and its allies have already dealt devastating blows to Iran's military infrastructure. "We've wiped out their navy, wiped out their air force," Trump said. "It's just a question of time." [Full Story]
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13:24Inflation Surges to 3.8% as Iran War Bites

Inflation dominates US headlines after April CPI hit 3.8%, the highest since 2023, driven by Iran war energy costs. Multiple outlets (AP, NYTimes, Washington Post, NPR, USA Today, ABC, Epoch Times, The Daily Beast, Common Dreams) lead with the jump, while the Pentagon raises war cost to $29 billion (USA Today, Newsmax).
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14:49Trump and Xi Meet Amid Iran War's Shadow

Multiple outlets report on Trump's upcoming summit with Xi Jinping in China, with reduced ambitions due to the Iran war. The FDA chief Marty Makary resigns amid criticism from pharma CEOs, vaping lobbyists, and anti-abortion groups. Iran warns of consequences if US attacks again.
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Kyle Diamantas, who was recently elevated to be one of Health Secretary Robert F. Kennedy Jr.’s senior counselors, will be the agency’s acting leader, according to people familiar with the matter.
15:28
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Speaking to reporters at the White House on Tuesday before departing for a trip to China later this week, Trump dismissed suggestions that rising consumer costs tied to the Iran conflict were driving his push for negotiations with Tehran, saying stopping Iran’s nuclear ambitions remained the administration’s central objective. [Full Story]
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After a rowdy protest outside a real estate event at Park East Synagogue, Mayor Zohran Mamdani was widely criticized for egging on the unrest by condemning the sale of West Bank properties. But the criticisms don’t stand up to scrutiny.
16:11

16:26Trump's Dismissal of Americans' Finances

Multiple outlets highlight Trump's dismissive comment that he doesn't 'think about Americans' financial situation' regarding the Iran war, as inflation spikes due to war costs. The FDA chief resigns, and Trump heads to China for a summit with Xi.
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"Our view is should the president make the decision to recommence that we would have all the authorities necessary to do so," Hegseth said during a Senate Appropriations Committee hearing on the War Department's $1.5 trillion budget request for fiscal year 2027. [Full Story]
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18:19Trump's Dismissal of Americans' Finances

Multiple outlets highlight Trump's dismissive comment that he doesn't 'think about Americans' financial situation' regarding the Iran war, as inflation spikes due to war costs. The FDA chief resigns, and Trump heads to China for a summit with Xi.
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The Trump administration seems determined not to let differences on Iran foul efforts on other aspects of the complicated relationship between D.C. and Beijing — including trade and Chinese cooperation to block exports of fentanyl precursors. [Full Story]
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20:57Trump and Xi Summit Looms

Multiple outlets report on the upcoming Trump-Xi summit, with Iran and Taiwan policy in focus. The Washington Post and Common Dreams highlight rising grocery prices and hunger due to war costs and aid cuts. CIA involvement in cartel assassinations is reported by CNN.
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