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WASHINGTON (AP) — President Donald Trump last week signed a proclamation that will require a $100,000 annual visa fee for highly-skilled foreign workers and rolled out a $1 million “gold card” visa as a pathway to United States citizenship for wealthy individuals, moves that face near-certain legal challenges amid criticism he is sidestepping Congress. If [...]
EAST LANSING, Mich. (AP) — In the soft dirt of an indoor horseback riding ring last month, a group of farmers got ready to test drive a new piece of equipment: an electric tractor. As they took turns climbing in — some surprised by its quick acceleration — they gave real-time feedback to the Michigan [...]
NEW YORK (AP) — Nvidia, the world’s leading chipmaker, last week announced that it’s investing $5 billion in Intel and will collaborate with the semiconductor company. The two companies will team up to work on custom data centers that form the backbone of artificial intelligence infrastructure as well as personal computer products, Nvidia said in [...]
Transportation Secretary Sean Duffy is following through on his threat to force Delta and Aeromexico to dissolve their longtime partnership because of his concerns that Mexico isn’t being fair to United States airlines. Duffy earlier this week announced that the Transportation Department is revoking the antitrust immunity the airlines have had since 2016 that allowed [...]
NEW YORK (AP) — Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, according to a new federal government report. Retail sales rose 0.6 percent last month from July, when sales were up a revised 0.6 percent, according to the Commerce Department’s report. In June, retail sales rose [...]
HARRISBURG, Pa. (AP) — With the explosive growth of Big Tech’s data centers threatening to overload the nation’s electricity grids, policymakers are taking a hard look at a tough-love solution: bumping the energy-hungry data centers off grids during power emergencies. Texas moved first, as state lawmakers try to protect residents in the data-center hotspot from [...]
The average rate on a 30-year mortgage last week fell to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve this week. The long-term rate last week eased to 6.35 percent from 6.5 percent the previous week, according to mortgage [...]
Income inequality dipped, fewer people moved to a different home and the share of Asian and Hispanic residents increased in the United States last year, according to figures released last week by the U.S. Census Bureau. Those year-to-year changes from 2023 to 2024 were captured in the bureau’s data from the American Community Survey, the [...]
WASHINGTON (AP) — Producer prices fell unexpectedly last month, dropping 0.1 percent from July, according to a new federal government report. The Labor Department earlier this week reported that its producer price index — which captures inflation in the supply chain before it hits consumers — showed that wholesale inflation decelerated in August after advancing [...]
Ohio crop farmers started this year’s growing season dealing with an abnormally wet spring that has been followed by an unusually dry spell leading up to harvest time. As a result, the quality and quantity of some crops could be reduced, according to agriculture researchers. The April through July timeframe was the eighth-wettest such period [...]