Feb 05 Biden's State of the Union address to highlight efforts on economy By Zeke Miller, Seung Min Kim, Associated Press Biden’s remarks from the House rostrum will take place in a sharply different context from a year ago. Republicans now control the chamber, rendering it unlikely that any significant legislation reaches Biden’s desk. Continue reading
Feb 05 Political turmoil in Peru threatens decades of relative financial stability By Joshua Goodman, Associated Press The violence following President Pedro Castillo’s Dec. 7 impeachment and arrest has revived class and racial divisions and has many Peruvians wondering whether the country's long period of uneasy economic stability has run its course. Continue reading
Feb 04 Ahead of State of the Union, Biden's economic optimism not shared by GOP By Josh Boak, Associated Press President Joe Biden sees a nation with its future aglow. Republicans take a far bleaker view — that the country is beset by crushing debt and that Biden is largely responsible for inflation. Continue reading
Feb 03 Jury clears Elon Musk of wrongdoing for 2018 Tesla tweets By Michael Liedtke, Associated Press The trial pitted Tesla investors represented in a class-action lawsuit against Musk, who is CEO of both the electric automaker and the Twitter service he bought for for $44 billion a few months ago. Continue reading
Feb 03 U.S. sees unexpected surge in hiring with 517,000 jobs added in January despite Fed hikes By Paul Wiseman, Associated Press America's employers added a stunning 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve's aggressive drive to slow growth and tame inflation with higher interest rates. Continue reading
Feb 02 Watch 5:44 News Wrap: At least 10 dead after winter storm sweeps across the South In our news wrap Thursday, the South is finally expecting relief after an ice storm that's disrupted travel and claimed at least 10 lives this week, House Republicans voted to oust Democratic Congresswoman Ilhan Omar from the Foreign Affairs Committee… Continue watching
Feb 02 Problems mount in U.K. as Sunak hits 100th day as prime minister By Jill Lawless, Associated Press U.K. Prime Minister Rishi Sunak has angry unions to the left of him, anxious Conservative Party lawmakers to the right and, in the middle, millions of voters he must win over to avert electoral defeat. Continue reading
Feb 01 Here's what the Federal Reserve interest rate hike means for you By Cora Lewis, Associated Press The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive. Continue reading
Feb 01 Watch 5:48 News Wrap: Fed raises interest rates by quarter point, says more hikes likely In our news wrap Wednesday, the Federal Reserve raised interest rates by just a quarter point and said more hikes are likely, a winter storm disrupted life across the southern U.S. for a third day, the FBI searched President Biden's… Continue watching
Feb 01 Interest rate boosted again by quarter-point as Fed signals more hikes to combat inflation By Christopher Rugaber, Associated Press The central bank’s latest move put its benchmark short-term rate in a range of 4.5 percent to 4.75 percent, its highest level in about 15 years. Continue reading