US & World News
Wall Street Ends Broadly Higher After Sharp Losses Last Week
NEW YORK (AP) — Stocks are ending higher on Wall Street Tuesday, clawing back some of the ground they lost last week in their worst weekly drop since the beginning of the pandemic. The S&P 500 rose 2.4%. It’s still…
Texas Top Cop: Uvalde Police Response An ‘Abject Failure’
AUSTIN, Texas (AP) — Law enforcement authorities had enough officers on the scene of the Uvalde school massacre to have stopped the gunman three minutes after he entered the building, and they never checked a classroom door to see if…
Biden Says Decision On Gas Tax Holiday May Come This Week
REHOBOTH BEACH, Del. (AP) — President Joe Biden said Monday that he’s considering a federal holiday on the gasoline tax, possibly saving U.S. consumers as much as 18.4 cents a gallon. “Yes, I’m considering it,” Biden told reporters after taking…
The Moments Resonating From The Jan. 6 Hearings (So Far)
NEW YORK (AP) — By the numbers, the Jan. 6 committee hearings attracted 20 million live viewers on opening night, 11 million for the first daytime session and nearly 9 million for Thursday’s third installment. Yet those traditional Nielsen company…
EXPLAINER: The Story Of Juneteenth, The New Federal Holiday
The U.S. government is catching up with Black people who have been commemorating the end of slavery in the United States for generations with a day called “Juneteenth.” President Joe Biden signed a bill Thursday that was passed by Congress…
Stocks Eke Out A Gain But Still Mark Worst Week Since 2020
NEW YORK (AP) — Stocks ended another bumpy day mostly higher on Wall Street but still wound up with their biggest weekly losses since March 2020, when markets went into freefall at the onset of coronavirus lockdowns. The S&P 500,…
Biden Hosts Climate Meeting Amid High Gas Price Pressure
WASHINGTON (AP) — Equating the oil and gas industry to Big Tobacco, United Nations Secretary-General Antonio Guterres said Friday that “fossil fuel producers and financiers have humanity by the throat.” But President Joe Biden wasn’t quite itching for a fight.…
FDA Authorizes 1st COVID-19 Shots For Infants, Preschoolers
(AP) -- U.S. regulators on Friday authorized the first COVID-19 shots for infants and preschoolers, paving the way for vaccinations to begin next week. The Food and Drug Administration’s action follows its advisory panel’s unanimous recommendation for the shots from…
Biden Says New Shipping Costs Law May Help Tame Inflation
WASHINGTON (AP) — President Joe Biden signed legislation Thursday meant to lower the cost of shipping goods across oceans, a move the White House says will help ease logistical costs for retailers that have remained high since the start of…
Production At Bedeviled Baby Formula Factory Halted By Storm
(AP) -- Severe weather has forced Abbott Nutrition to pause production at a Michigan baby formula factory that had just restarted after being closed for several months, contributing to a national shortage. Production for Abbott’s EleCare specialty formula has been…
Fed Attacks Inflation With Its Largest Rate Hike Since 1994
WASHINGTON (AP) — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate…
US Expected To Send $1 Billion More In Aid To Ukraine
WASHINGTON (AP) — The U.S. is expected to announce Wednesday that it will send about $1 billion in military aid to Ukraine, the largest single tranche of weapons and equipment since the war began, in a effort to help stall Russia’s…
Buffalo Supermarket Gunman Charged With Federal Hate Crimes
BUFFALO, N.Y. (AP) — The white gunman who killed 10 Black people in a racist attack at a Buffalo supermarket was charged Wednesday with federal hate crimes and could face the death penalty. The criminal complaint filed Wednesday against Payton…
Wall Street Rallies After Dismal Week As Fed Decision Looms
NEW YORK (AP) — U.S. stocks are rallying Wednesday, on track for their first gain in six days, but more turbulence may be ahead when the Federal Reserve announces in the afternoon how sharply it’s raising interest rates. The S&P 500 was…
Biden Focuses On Workers As High Inflation Remains A Risk
PHILADELPHIA (AP) — President Joe Biden told the largest federation of labor unions on Tuesday that he’s working to rebuild the U.S. economy around workers, an attempt to draw a contrast with Republicans who have increasingly attracted blue-collar votes. “We…
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