AP News
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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…
YELLOWSTONE NATIONAL PARK, Wyo. (AP) — Cleanup continued Monday after a fuel pup trailer rolled onto its side in Yellowstone National Park last week and spilled gasoline, park officials said. The accident, which happened at about 4 a.m. Friday on U.S. Highway 191 in the western side of the park, spilled 4,800 gallons (18,200 liters)…
CAPE CANAVERAL, Fla. (AP) — The world’s newest and biggest space telescope is showing Jupiter as never before, auroras and all. Scientists released the shots Monday of the solar system’s biggest planet. The James Webb Space Telescope took the photos in July, capturing unprecedented views of Jupiter’s northern and southern lights, and swirling polar haze.…
WASHINGTON (AP) — Dr. Anthony Fauci, the nation’s top infectious disease expert who became a household name — and the subject of partisan attacks — during the COVID-19 pandemic, announced Monday he will depart the federal government in December after more than five decades of service. Fauci, who serves as President Joe Biden’s chief medical…
MULBERRY, Ark. (AP) — Three Arkansas law enforcement officers have been suspended and a state police has been investigation launched after a video posted on social media showed a suspect being held down on the ground and beaten by police. Arkansas State Police said Sunday night that it would investigate the use of force by…
NEW YORK (AP) — Creem, which billed itself as “America’s only rock ‘n’ roll magazine” during two decades of existence that ended in 1989, is being revived next month. The return is a remarkable story of persistence by J.J. Kramer, who was bequeathed the magazine at age 4 upon the death of his father, founder…