Credit card debt increases to record level

NEW YORK (AP) — Pockets of Americans have run through their savings and run up their credit card balances after battling inflation for more than two years. Some economists say they’re concerned that members of these groups — mostly lower- and middle-income Americans, who tend to be renters —are falling behind on their debts and [...]

By |2024-02-08T12:22:59-05:00Wednesday, February 7, 2024|

A year after derailment, there are few indications of rail safety improvement

OMAHA, Neb. (AP) — The changes railroad companies announced after last year's fiery crash in East Palestine haven't yet made a major difference, statistics show, and reforms have stalled in Congress. A few key measures in the latest Federal Railroad Administration statistics, including the total number of train accidents, worsened over the first 11 months [...]

By |2024-02-08T12:23:07-05:00Wednesday, February 7, 2024|

Powell: Federal Reserve on track to cut rates this year with inflation slowing

WASHINGTON (AP) — Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that's expected to begin as early as May. Powell, in an interview recorded last week for the CBS news program "60 Minutes," also said the [...]

By |2024-02-08T12:23:11-05:00Wednesday, February 7, 2024|

Federal government’s internet access subsidy scheduled to expire at end of April

LOS ANGELES (AP) — A federal government subsidy that helps people with limited resources afford internet access is set to expire this spring. The Affordable Connectivity Program, which provides $30 a month for qualifying families in most places and $75 on tribal lands, will run out of money by the end of April if Congress [...]

By |2024-02-08T12:23:17-05:00Wednesday, February 7, 2024|

Hiring in most industries has outpaced announced layoffs

WASHINGTON — Job growth in the past several months has coincided with high-profile layoff announcements by a number of large companies. It’s not as contradictory for both to occur simultaneously as it might seem. Recent job cuts have been concentrated mainly in just a few sectors: technology, finance and media. Relative to the labor force [...]

By |2024-02-08T12:23:23-05:00Wednesday, February 7, 2024|

Vegas’ Allegiant Stadium in a league of its own

LAS VEGAS — Las Vegas Raiders owner Mark Davis called his new home the Death Star in 2020 — and the name stuck. Allegiant Stadium, with its black facade, in fact resembles the ominous space station from the "Star Wars" movie franchise that was capable of destroying planets. The futuristic stadium takes center stage on [...]

By |2024-02-08T12:23:30-05:00Wednesday, February 7, 2024|

Judge rejects claim that N.Y. pot licensing cheats out-of-state applicants

ALBANY, N.Y. (AP) — A federal judge has rejected a challenge to New York state’s licensing program for selling legal marijuana, a system two California applicants say unconstitutionally discriminates against out-of-state residents. The ruling last week by Albany Judge Anne Nardacci may spur New York into issuing hundreds of licenses in a state in which [...]

By |2024-02-08T12:23:32-05:00Wednesday, February 7, 2024|

If Chiefs can repeat their Super Bowl championship, would be first to have back-to-back wins in 19 years

Repeat championships in the NFL used to be more common. Over the first 39 Super Bowls, it happened eight times. Yet no team has done it since Tom Brady and the New England Patriots won two in a row following the 2003-04 seasons. Patrick Mahomes and the Kansas City Chiefs are aiming to become the [...]

By |2024-02-08T12:23:40-05:00Wednesday, February 7, 2024|
Go to Top