Apr 27 U.S. adult cigarette smoking hits new all-time low By Mike Stobbe, Associated Press Cigarette smoking dropped to another new all-time low last year, with 1 in 9 adults saying they were current smokers. Meanwhile, e-cigarette use rose, to about 1 in 17 adults. Continue reading
Apr 27 Watch 5:23 What the latest GDP report says about the strength of the U.S. economy By Paul Solman, Ryan Connelly Holmes The newest GDP data suggests the U.S. economy is slowing down. Consumers are still spending and companies are still hiring and investing, but it’s not at the same pace as last year. At the same time, the economy continues to… Continue watching
Apr 27 Microsoft’s ‘good guy’ approach with governments frays in Activision Blizzard battle By Matt O'Brien, Associated Press Microsoft's charm offensive with the world's governments is starting to lose some of its luster as the software giant is confronting its toughest antitrust scrutiny since co-founder Bill Gates was in charge. Continue reading
Apr 27 Federal Reserve Chair Jerome Powell was tricked by fake call from Russia pranksters By Christopher S. Rugaber, Associated Press Federal Reserve Chair Jerome Powell was tricked into an extended phone call in January with Russian pranksters posing as Ukrainian President Volodymyr Zelenskyy, during which Powell appeared to discuss the impact of interest rate hikes. Continue reading
Apr 27 Unemployment claims keep falling as labor market remains strong By Matt Ott, Associated Press Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy. Continue reading
Apr 26 Here’s what’s in the GOP bill to lift the U.S. debt limit By Kevin Freking, Associated Press The bill has virtually no chance of becoming law, but Republicans hope it will force Biden to the negotiating table on the debt limit. Continue reading
Apr 26 Watch 4:16 House Republicans approve Speaker McCarthy’s debt ceiling bill by narrow margin By Lisa Desjardins, Kyle Midura Republican leaders in the House put their budget plan up for a vote Wednesday marking a critical moment for the nation’s debt problems and possible debt crisis ahead. Congressional Correspondent Lisa Desjardins reports from Capitol Hill on this test of… Continue watching
Apr 26 As Biden, McCarthy clash on a federal debt plan, what are the key differences? By Josh Boak, Associated Press Staring down a fast-approaching deadline to raise the debt limit, they need to find some kind of common ground as they publicly jostle over the federal government's $31.4 trillion in debt. Continue reading
Apr 26 Microsoft-Activision gaming deal blocked by British regulators By Kelvin Chan, Associated Press The biggest tech deal in history was thwarted over worries that it would stifle competition in the fast-growing cloud gaming market. Continue reading
Apr 25 Colorado becomes 1st state to pass ‘right to repair’ for farmers By Jesse Bedayn, Associated Press Democratic Gov. Jared Polis of Colorado has signed legislation forcing manufacturers to provide the necessary manuals, tools, parts and software to farmers, so they can fix their own machines. Continue reading