Oct 27 U.S. expands effort to cut off funding for Hamas By Danica Kirka, Associated Press The United States on Friday expanded its effort to cut off funding for Hamas, announcing a second round of sanctions against people and organizations linked to the group since it launched an attack on Israel that killed more than 1,400… Continue reading
Oct 27 In court, FTX’s Sam Bankman-Fried denies he took customers’ funds but acknowledges that people got hurt By Ken Sweet, Larry Neumeister, Associated Press FTX founder Sam Bankman-Fried is testifying at his fraud trial saying he hoped would move the cryptocurrency ecosystem forward but ended up doing the opposite and hurting customers. Continue reading
Oct 27 AP-NORC poll: Many Americans say their expenses are outpacing earnings this year By Cora Lewis, Associated Press For most Americans, household debt has either risen in the last year or has not gone away. Continue reading
Oct 26 FTX founder Bankman-Fried testifies outside jury’s presence as judge decides what he can say By Larry Neumeister, Associated Press Sam Bankman-Fried got a test run at testifying at his New York criminal trial when a judge sent jurors home but let him demonstrate portions of his testimony before deciding what jurors will hear on Friday. Continue reading
Oct 26 U.S. economy grows 4.9 percent, shrugging off interest rates and defying recession forecasts By Christopher Rugaber, Associated Press The nation's economy expanded at a robust 4.9 percent annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. Continue reading
Oct 25 Autoworkers reach a deal with Ford, a breakthrough toward ending the strikes By Tom Krisher, Associated Press The United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers. Continue reading
Oct 25 Federal officials say plan for water cuts from 3 Western states is enough to protect Colorado River By Kathleen Ronayne, Associated Press The U.S. Department of the Interior is throwing its support behind a proposal by Arizona, Colorado and Nevada. The states' plan would conserve 3 million acre feet of water through 2026. Continue reading
Oct 25 Amazon rolls out independent cloud for Europe to address stricter privacy standards By Michelle Chapman, Associated Press Amazon Web Services said Wednesday that its AWS European Sovereign Cloud, which will be located in and operate out of Europe, will have the same security, availability, and performance as existing AWS Regions but will be separate from them. Continue reading
Oct 25 Food insecurity shot up last year with inflation and the end of pandemic-era aid, a new report says By Ashraf Khalil, Associated Press A new Department of Agriculture report released Wednesday paints a sobering picture of post-pandemic hardship with "statistically significant" increases in food insecurity. Continue reading
Oct 24 More than 40 states sue Meta claiming its social platforms are addictive and harm children’s mental health By Barbara Ortutay, Associated Press The lawsuit filed in federal court in California also claims that Meta routinely collects data on children under 13 without their parents' consent, in violation of federal law. Continue reading