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WASHINGTON (AP) — The Congressional Budget Office earlier last week said it projects this year's federal budget deficit to be $400 billion higher, a 27 percent increase compared to its original estimate released in February. Government officials said some of the reasons for the change include: higher costs from the supplemental spending package signed in [...]
NEW YORK (AP) — Retail sales rose 0.1 percent in May, below the pace that economists projected, according to a new Commerce Department report, and April sales were revised downward — a 0.2 percent decline, from unchanged. Sales rose 0.6 percent in March and 0.9 percent in February. That comes after sales fell 1.1 percent [...]
Three years ago, President Joe Biden set a goal that half of all new cars and trucks sold in the United States in 2030 would be zero-emission, thus reducing the sales of gasoline-powered vehicles. A new rule from the Environmental Protection Agency requires that about 56 percent of all new vehicle sales be electric by [...]
ATLANTA (AP) — In one part of downtown Atlanta, shipping containers have been transformed into homes for dozens of previously unsheltered people who are settled in the former parking lot. The gated micro community known as “The Melody” doesn’t look like a parking lot anymore. Artificial turf is spread across the asphalt. Potted plants and [...]
DALLAS (AP) — As a Delta Air Lines jet began roaring down a runway, an air traffic controller at New York's John F. Kennedy International Airport suddenly blurted out an expletive, then ordered the pilots to stop their takeoff roll. The controller saw an American Airlines plane mistakenly crossing the same runway, into the path [...]
DETROIT (AP) — Just before 2 a.m. on a chilly April night in Seattle, a Chevrolet Silverado pickup stopped at an electric-vehicle charging station on the edge of a shopping center parking lot. Two men, one with a light strapped to his head, got out. A security camera recorded them pulling out bolt cutters. One [...]
NEW YORK (AP) — Gas prices are on the decline across the country, bringing some relief to drivers now paying a little less to fill up their tanks. The national average for gas prices on Monday stood around $3.44, according to AAA. In Ohio, the average price was $3.24, according to AAA. That's down about [...]
NEW YORK (AP) — It's as if Sephora or Starbucks were to offer a checking account. After years of closing or mostly neglecting physical bank branches across the country, the nation's largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, [...]
WASHINGTON (AP) — America’s employers added 272,000 jobs in May, according to a new federal government report. Economists say last month’s jobs increase suggests that the economy is still growing, propelled by consumer spending on travel, entertainment and other services. Airports, for example, reported record traffic over the Memorial Day weekend. The new report does [...]
Artificial intelligence systems such as ChatGPT could soon run out of what keeps making them smarter — the tens of trillions of words people have written and shared online. A new study released last week by research group Epoch AI projects that tech companies will exhaust the supply of publicly available training data for AI [...]