Jan 10 Carbon pollution is down in the U.S., but not fast enough to meet Biden’s 2030 goal, new report says By Matthew Daly, Associated Press The report from the Rhodium Group said the decline is a step in the right direction but far below the rate needed to meet President Joe Biden's pledge to cut U.S. emissions in half by 2030. Continue reading
Jan 10 U.S. adults across racial groups agree the economy is a top priority, AP-NORC and AAPI Data polls show By Matt Brown, Linley Sanders, Associated Press Black, white, Hispanic and Asian adults in the U.S. largely agree that the government should focus on the economy and foreign policy issues in 2024. Continue reading
Jan 09 Global economy will slow for a third straight year in 2024, World Bank predicts By Paul Wiseman, Associated Press Heightened global tensions, arising particularly from Israel's war with Hamas and the conflict in Ukraine, pose the risk of even weaker growth. Continue reading
Jan 08 Scientists find about a quarter million invisible microplastic particles in a liter of bottled water By Seth Borenstein, Associated Press Scientists long figured there were lots of these microscopic plastic pieces, but until researchers at Columbia and Rutgers universities did their calculations they never knew how many or what kind. Continue reading
Jan 08 Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners By Fatima Hussein, Associated Press Yellen says the database will send the message that "the United States is not a haven for dirty money." She also says Treasury is considering boosting rules related to commercial real estate transactions. Continue reading
Jan 05 Inflation rose last month in Europe, could keep rising after months of decline By David McHugh, Associated Press European Central Bank President Christine Lagarde warned that inflation could tick up in coming months, taking a detour from its recent downward path. Continue reading
Jan 05 Labor report indicates U.S. job market’s resilience amid high interest rates By Paul Wiseman, Associated Press Hiring remains steady, and while employers are posting fewer openings, they are not laying off many workers. Despite the low unemployment and cooling inflation, polls show that many Americans are dissatisfied with the economy. Continue reading
Jan 05 UN cites conflicts, climate disasters in somber 2024 global economic forecast By Edith Lederer, Associated Press The report warned that the prospects of prolonged tighter credit conditions and higher borrowing costs present “strong headwinds” for a world economy saddled with debt, especially in poorer developing countries, and needing investment to resuscitate growth. Continue reading
Jan 04 Average long-term mortgage rates edge higher, breaking 9-week slide By Alex Veiga, Associated Press The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades. Continue reading
Jan 03 Prosecutors say Sen. Menendez cashed in by linking Qatari royal family member with New Jersey businessman By Larry Neumeister, Associated Press The new allegations deepen the legal challenges for Menendez, a New Jersey Democrat, who already was charged with wielding his political influence to secretly advance Egypt's interests. Continue reading