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Inflation rate accelerates to 3 percent in January

WASHINGTON (AP) — Inflation accelerated last month as the cost of groceries, gasoline and rents rose, which could embolden the Federal Reserve’s resolve to delay further interest rate cuts. The consumer price index increased 3 percent in January from a year ago, this week’s report from the Labor Department showed, up from 2.9 percent the [...]

By |2025-03-04T14:51:43-05:00Friday, February 14, 2025|

Bayer seeks legislation in several states to protect it against Roundup lawsuits

DES MOINES, Iowa (AP) — A renewed and expanded effort from chemical giant Bayer to shield itself from lawsuits that claim its popular weedkiller Roundup causes cancer brought dozens of protesters to the Iowa capitol building Monday begging lawmakers to reject it. The legislation, pending in Iowa and at least seven other states, would protect [...]

By |2025-03-04T14:54:42-05:00Thursday, February 13, 2025|

Some law enforcement agencies to help with immigration enforcement

For years, the Hamilton County Sheriff’s Office in suburban Indianapolis has wanted to partner with federal immigration authorities to identify and detain immigrants who are in the United States illegally and facing charges. President Joe Biden’s administration never returned its calls, the sheriff’s office said, but as President Donald Trump cracks down on illegal immigration, [...]

By |2025-03-04T14:55:25-05:00Wednesday, February 12, 2025|

Employers added 143,000 jobs in January

WASHINGTON (AP) — The nation’s employers added 143,000 jobs last month and the unemployment rate fell to 4 percent to start 2025. January job creation was down from the 261,000 added in November and the 307,000 created in December. Economists had expected about 170,000 new jobs in January. Average hourly wages rose by 0.5 percent [...]

By |2025-03-04T14:56:52-05:00Tuesday, February 11, 2025|

Honeywell decides to split into 3 companies

Honeywell, one of the last remaining American industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants such as General Electric and Alcoa. The company last week said it will separate from its automation and aerospace technologies businesses. Including plans announced earlier to spin off its advanced materials business, Honeywell [...]

By |2025-03-04T14:59:37-05:00Monday, February 10, 2025|

Trump administration may redraw the boundaries of some national monuments

WASHINGTON (AP) — As part of the Trump administration’s push to expand the nation’s energy production, federal officials will review and consider redrawing the boundaries of national monuments created under previous presidents to protect unique landscapes and cultural resources. The review — laid out in an order this week from new Interior Secretary Doug Burgum [...]

By |2025-03-04T15:05:47-05:00Friday, February 7, 2025|

Trump orders creation of sovereign wealth fund for federal government

WASHINGTON (AP) — President Donald Trump earlier this week signed an executive order directing the United States to take steps to start developing a government-owned investment fund that he said could be used to profit off of TikTok if he’s successful at finding it an American buyer. Trump signed an order on his first day [...]

By |2025-03-04T15:06:07-05:00Thursday, February 6, 2025|

Use of direct primary care expected to rise under possible policy changes

Andrea Meneses stumbled on a direct primary-care clinic because of a crisis. Her grandmother, visiting Wisconsin from Bolivia, did not have insurance but needed to see a doctor fast. One of the grandchildren accidentally put her insulin in the freezer instead of the refrigerator. Meneses reached out to friends in a panic and one recommended [...]

By |2025-03-04T15:07:05-05:00Wednesday, February 5, 2025|

Consumer prices grew 2.6 percent in December

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose last month, while some underlying prices pressures showed signs of easing. Last week’s report from the Commerce Department showed that consumer prices rose 2.6 percent in December from a year earlier, up from a 2.4 percent annual pace in November and the [...]

By |2025-03-04T15:09:41-05:00Tuesday, February 4, 2025|

Nation’s GDP grew 2.3 percent last quarter

WASHINGTON (AP) — The nation’s economy ended 2024 with consumer spending continuing to drive growth, according to a new federal government report. The Commerce Department last week reported that the nation’s gross domestic product — the economy’s output of goods and services — expanded at a 2.3 percent annual rate from October through December. For [...]

By |2025-03-04T15:10:24-05:00Monday, February 3, 2025|
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