Consumer Price Index: Inflation at 2.4% in January, Lower Than Expected

Published on February 13, 2026

Inflation cooled for a third straight month in January as the headline figure for the Consumer Price Index came in at 2.4% year-over-year. This is down from 2.7% in December and was lower than the forecast of 2.5%.

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A 3% Rule for Budget Deficits Would Be a Good Start

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All but unnoticed last month, a bipartisan group of legislators introduced a resolution calling for Congress to keep budget deficits at no more than 3% of gross domestic product. Though not enough by itself to solve America’s fiscal problems, the proposal is a rare step in the right direction. It deserves strong support.

Tesla Is the Odd Man Out in the Magnificent Seven

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