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WASHINGTON (AP) — A key inflation gauge slowed last month, according to a new report from the Commerce Department that showed consumer prices rose 2.1 percent in April compared with a year earlier. That figure is also down from 2.3 percent in March and the lowest since September. Excluding the volatile food and energy categories, [...]
SAN FRANCISCO (AP) — Artificial intelligence technology bellwether Nvidia delivered another quarter of growth amid demand for its high-powered chips that are making computers seem more humanlike. Nvidia earned $18.8 billion, or 76 cents per share, for the February-April period, a 26 percent increase from the same time last year. Revenue surged 69 percent from [...]
FRANKFURT, Germany (AP) — Top officials at the European Union’s executive commission say they’re pushing hard for a trade deal with the Trump administration to avoid a 50 percent tariff on imported goods. Trump had threatened to impose the tariffs on June 1, but has pushed back the deadline to July 9. European officials are [...]
WASHINGTON (AP) — The U.S. military spent more than $6 billion during the past three years to recruit and retain service members, in what has been a growing campaign to counter enlistment shortfalls. The financial incentives to re-enlist in the Army, Navy, Air Force and Marines increased from 2022 through last year, with the Navy [...]
The number of homes for sale in the Columbus area spiked by 45 percent in April compared to a year ago, according to a new report from Columbus Realtors. Home sales last month also increased compared to a year ago, contrary to the national trend for lower home sales. In the Columbus region, inventory last [...]
WASHINGTON (AP) — President Donald Trump has announced the concept he wants for his future Golden Dome missile defense program — a multilayered, $175 billion system that for the first time will put American weapons in space. Trump last week said he expects the system will be “fully operational before the end of my term,” [...]
For the first time in the United States, a utility is asking federal regulators for a permit to build a small nuclear reactor. The nation’s largest public power company, the Tennessee Valley Authority, earlier this week announced that it submitted a construction permit application to the U.S. Nuclear Regulatory Commission for a small, modular nuclear [...]
DALLAS (AP) — Whether it’s a road trip to a nearby lake or jumping on a plane to explore a big city, Americans are expected to get away in record numbers over the long Memorial Day weekend. More than 45 million people — 1.4 million more than last year — are expected to venture at [...]
Business travel to the United States was up in the first quarter of the year, but fell 9 percent in April, according to new figures from the National Travel and Tourism Office. The preliminary figures show the number of airline and ship passengers who entered the country last month using business visas. Business travel to [...]
WASHINGTON (AP) — Consumers spent slightly more at retail stores last month after ramping up their shopping in March. Sales at retail stores and restaurants rose 0.1 percent in April from March, according to a new report from the Commerce Department. That is lower than the previous month’s 1.7 percent gain, which reflected a surge [...]