(NEW YORK) — A dangerous heat wave is bringing prolonged extreme heat to the Midwest and the East Coast this week.
The extreme heat hits the Midwest first. On Monday, the heat index — what temperature it feels like — is forecast to soar to around 105 degrees in Minneapolis and over 100 degrees in Chicago.
By Tuesday, the feels-like temperature in Chicago will be closer to 105 degrees. Indianapolis and Green Bay, Wisconsin, will also feel like the triple digits.
There will be minimal relief overnight, especially in cities, which makes the heat even more dangerous.
Chicago has activated cooling centers throughout the city, including at community service centers, senior centers, libraries, city colleges and police districts.
On Wednesday, the extreme heat moves east, with the temperature forecast to reach near 100 degrees in Detroit and Washington, D.C.
With humidity, it will feel like the triple digits across much of the Interstate 95 corridor in the afternoon.
The heat will peak in the Northeast on Thursday, when the heat index is expected to reach around 105 degrees.
Extreme heat is considered the deadliest weather-related hazard in the U.S. At least 13,000 Americans have died from heat since 2018, according to the Centers for Disease Control and Prevention.
Customers shop at a grocery store on Sept. 10, 2026, in Chicago, Illinois. (Scott Olson/Getty Images)
(WASHINGTON) — Inflation held steady in August but price increases remained elevated as the Iran war continued to push up fuel prices months after it began. The reading matched economists’ expectations.
Prices rose 3.4% in August compared to a year earlier, maintaining the same level from the prior month, federal government data released on Friday morning showed.
Inflation stands more than a percentage point higher than the Federal Reserve’s target rate of 2%.
Gas prices jumped nearly 4% in August from July, accounting for about a third of the overall price jump last month, the U.S. Bureau of Labor Statistics said. Shelter prices — which include home-owner payments and rental charges — also sped up in August from July.
Groceries provided a bright spot in the report, however. The price of groceries stayed flat in August from July, putting annual inflation for groceries at 2.2%. That figure for grocery inflation stands well below the annual pace of overall price increases.
The fresh data arrived days after oil prices topped $100 a barrel and gas prices notched their highest level for any Labor Day on record.
The economy has shown signs of additional strain in recent days, including a bond selloff that threatens to raise borrowing costs for mortgages and credit cards.
Central bankers are sure to closely examine the inflation report as they weigh a potential interest rate hike at their meeting next week. Federal Reserve Chair Kevin Warsh has vowed to cool off persistently elevated price increases.
Despite a stubborn bout of inflation, the economy remains fairly robust by some measures.
A blockbuster jobs report last week showed employers added 162,000 workers in August, demonstrating continued resilience for the nation’s labor market. The economy grew over three months ending in June, defying fear of a downturn triggered by the Iran war.
Inflation, however, continues to weigh on shoppers, while raising the likelihood of Fed intervention that may slow the economy.
Attacks on oil tankers in the Middle East pushed global crude prices above $105 a barrel as of Thursday, which amounted to a rise of about 50% since the Iran war broke out in late February.
The average price of a gallon of gas in the U.S. stands at $4.29, putting it more than $1.30 higher than before the war, AAA data showed.
Record-high diesel prices have raised transport costs for many everyday products, including groceries, clothes and furniture.
The price woes have divided central bankers eager to contain inflation but reluctant to cool off the labor market.
The Fed opted to hold interest rates steady at its most recent meeting in July. Three of the 12 members on the Fed’s policymaking board, however, voted in favor of a rate hike, marking the largest number of dissenters casting ballots in the same direction since 2016.
Financial markets peg the odds of a quarter-point rate hike next week at 71%, according to the CME Group’s FedWatch tool, a measure of investor sentiment.
Warsh, who took the helm of the central bank in May, said late last month that it should prioritize fighting inflation.
“Inflation is running above our 2% target so the Fed’s predominant focus right now should be on prices,” Warsh said in remarks last week at the Fed’s annual summer gathering in Jackson Hole, Wyoming.
“If the Fed gets inflation wrong and judges the economy wrong, who gets the worst of it? Not the financial high-fliers. Hard-working Americans are the ones left to deal with inflation that is too high or jobs that suddenly appear less secure,” Warsh added.
