National News
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WASHINGTON (AP) — The Justice Department on Friday released a partially blacked-out document explaining the justification for an FBI search of former President Donald Trump’s Florida estate earlier this month, when agents removed top secret government records and other classified documents. The document, even in its redacted form, is likely to offer at least some…
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades. Powell also warned more explicitly than he has in the past that the Fed’s continued…
COVID-19 vaccine maker Moderna is suing Pfizer and the German drugmaker BioNTech, accusing its main competitors of copying Moderna’s technology in order to make their own vaccine. Moderna said Friday that Pfizer and BioNTech’s vaccine Comirnaty infringes on patents Moderna filed several years ago protecting the technology behind its preventive shot, Spikevax. The company filed…
By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades. Powell acknowledged that the Fed’s continued tightening of credit…
JACKSON HOLE, Wyoming (AP) — A half-hour drive or so from the resort where the high priests of international finance — leading economists and central bank officials — have convened in Jackson Hole, Wyoming, to discuss the world’s economic challenges, Ash Hermanowski oversees the distribution of about 1,200 free meals a day. At a food…
WASHINGTON (AP) — Former Interior secretary Ryan Zinke lied to investigators about conversations he had with lobbyists, lawmakers and other officials regarding a bid by two Indian tribes to operate a casino in Connecticut, the department’s internal watchdog said Wednesday. Zinke, now the Republican nominee for a new House seat in western Montana, made statements…
WASHINGTON (AP) — President Joe Biden on Wednesday announced his long-awaited plan to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans — and up to $10,000 more for those with the greatest financial need — along with new measures to lower the burden of repayment for their…
KANSAS CITY, Mo. (AP) — Hall of Fame quarterback Len Dawson, whose unmistakable swagger in helping the Kansas City Chiefs to their first Super Bowl title earned him the nickname “Lenny the Cool,” died Wednesday. He was 87. Dawson’s family announced his death in a statement through KMBC, the Kansas City-based television station where he…
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that the USDA is accepting applications for “$100 million in grants to increase the sale and use of biofuels derived from U.S. agricultural products. USDA plans to make funding available through the “Higher Blends Infrastructure Incentive Program” or HBIIP. This program markets higher blends of…
CHARLEROI, Belgium (AP) — A Belgian-British teenage pilot was on track Tuesday to become the youngest person to fly around the world solo in a small plane as he landed in southern Belgium ahead of the penultimate leg of his global odyssey. Mack Rutherford, who turned 17 during the journey, touched down at Buzet…