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WASHINGTON (AP) — The federal government’s budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury Department data released last week. The deficit for October through March spans the administrations of presidents Joe Biden and Donald [...]
WASHINGTON (AP) — Inflation declined last month as the cost of gas, airline fares and hotel rooms fell, according to new federal government report. Consumer prices rose 2.4 percent in March from a year earlier, the Labor Department said, down from 2.8 percent in February. That is the lowest inflation figure since September. Excluding the [...]
WASHINGTON (AP) — President Donald Trump earlier this week signed a series of executive orders aimed at boosting the nation’s coal industry. Under the four orders, Trump uses his emergency authority to allow some older coal-fired power plants set for retirement to keep producing electricity to meet the nation’s rising power demand amid growth in [...]
OAKLAND, Calif. (AP) — The $2.8 billion settlement that will reach into every corner of college athletics in the months ahead had its final hearing earlier this week, including athletes who criticized the sprawling plan as confusing and one that undervalued them, and attorneys who said they were concerned about the impacts on campuses across [...]
LOS ANGELES (AP) — This spring homebuying season is shaping up to be more favorable for home shoppers than it’s been in recent years — as long as they can afford to buy. Home prices are rising more slowly, mortgage rates remain elevated, but have been mostly easing and could be headed lower, analysts say. [...]
The U.S. Department of Energy said it has identified 16 federal sites, including storied nuclear research laboratories such as Los Alamos, at which tech companies could build data centers in a push to accelerate commercial development of artificial intelligence technology. The sites are “uniquely positioned for rapid data center construction, including in-place energy infrastructure with [...]
WASHINGTON (AP) — President Donald Trump last week announced new tariffs on nearly all United States trading partners — a 34 percent tax on imports from China and 20 percent on the European Union, among others. Trump said he was placing elevated tariff rates on dozens of nations that run meaningful trade surpluses with the [...]
NEW YORK (AP) — Gadgets sold without batteries, toys sold in slimmed-down boxes or no packaging at all and an increase in household goods that shoppers need to assemble themselves are some of the ways consumer product companies are retooling their wares to reduce costs and avoid raising prices. The moves come as President Donald [...]
WASHINGTON (AP) — Employers posted 7.6 million job openings in February, according to a new federal report. The number of vacancies fell slightly from a revised 7.8 million in January and from 8.4 million a year earlier, the Labor Department reported earlier this week. Openings have fallen steadily since peaking at 12.1 million in March [...]
Norfolk Southern wants two other companies to help pay for the $600 million class-action settlement it agreed to over its 2023 train derailment near the Ohio-Pennsylvania border and the toxic chemicals that were released and burned. The railroad filed the motion that is set to go to trial this week to force the railcar owner [...]