Mar 10 Why more Americans are skipping college By Collin Binkley, Associated Press Colleges nationwide saw undergraduate enrollments drop 8 percent from 2019 to 2022, with continued declines even after the return to in-person classes, according to data from the National Student Clearinghouse. Economists say the impact could be dire. Continue reading
Mar 10 Watch 6:18 Another strong jobs report raises more questions about inflation and interest rate hikes By Geoff Bennett, Ryan Connelly Holmes The U.S. economy created 311,000 jobs in February, more than expected, as the unemployment rate rose to 3.6 percent. But that came as the labor force participation rate improved and more than 400,000 workers jumped back into the workforce, something… Continue watching
Mar 10 Watch 7:53 News Wrap: Trump faces possible indictment for alleged hush money payments In our news wrap Friday, former President Trump faces a possible indictment as he decides whether to testify before a grand jury in New York over his alleged role in hush money payments, China's President Xi Jinping was awarded a… Continue watching
Mar 10 Biden, EU leader to discuss proposal on electric vehicle tax credits By Aamer Madhani, Raf Casert, Associated Press President Joe Biden and European Commission President Ursula von der Leyen are set to outline a plan that the White House hopes can turn the page on a spat between the U.S. and European Union over electric vehicle tax credits. Continue reading
Mar 10 Silicon Valley Bank seized by FDIC after largest failure since the Great Recession By Ken Sweet, Associated Press It is the second-largest bank failure in history, behind only the failure of Washington Mutual in 2008. The bank failed after depositors — mostly technology workers and venture capital-backed companies — began withdrawing their money creating a run on the… Continue reading
Mar 10 WATCH: Biden hails economic progress after U.S. added 311,000 jobs in February By Christopher Rugaber, Associated Press America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation. Continue reading
Mar 10 U.S. economy adds 311,000 jobs in February despite Fed's rate hikes By Chris Rugaber, Associated Press America's employers added a substantial 311,000 jobs in February, fewer than January's huge gain but easily enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation. Continue reading
Mar 09 Watch 5:25 News Wrap: Russia launches large-scale attack across Ukraine In our news wrap Thursday, Russia launched its biggest barrage in a month across Ukraine, Senate Majority Leader Mitch McConnell was hospitalized in Washington after a fall, the Senate confirmed President Biden's pick to lead the IRS, the FBI is… Continue watching
Mar 09 Watch 3:51 How to be a smarter shopper amid rising grocery bills By Amna Nawaz, Casey Kuhn It’s hard to miss that consumers are having to eat the cost of higher food bills. While overall inflation is down after hitting record highs last year, grocery prices were still 11.3 percent higher this January than in early 2022. Continue watching
Mar 09 Biden to seek more than $2.8 billion from Congress for 'cancer moonshot' By Darlene Superville, Associated Press President Joe Biden is requesting more than $2.8 billion in the federal budget proposal he's sending to Congress to help advance his cancer-fighting goals. Continue reading