Jan 11 Report warns the cost-of-living crisis may overshadow climate change By Kelvin Chan, Associated Press A report by the World Economic Forum says climate change is the global economy's biggest long-term challenge but one the world is least prepared to tackle because of short-term problems led by a cost-of-living crisis. Continue reading
Jan 11 WATCH: White House speaks on FAA computer outage, Jill Biden's surgery By Associated Press Thousands of flights across the U.S. were canceled or delayed after a government system that offers safety and other information to pilots broke down, stranding some planes on the ground for hours. Continue reading
Jan 10 Watch 5:13 White House offers new student loan payment plans as debt cancellation held up in court The Biden administration released a new student loan payment plan that would lower monthly payments for millions of borrowers and pause them completely for some. There’s been a freeze on loan repayments throughout the pandemic, but that’s coming to an… Continue watching
Jan 10 World Bank warns of looming global recession By Christopher Rugaber, Associated Press The World Bank warns the global economy will come "perilously close" to a recession this year, led by weaker growth in the world's top economies — the United States, Europe and China. Continue reading
Jan 10 Trump Organization executive Allen Weisselberg sentenced to 5 months in jail By Michael R. Sisak, Associated Press Former Trump Organization chief financial officer Allen Weisselberg has been sentenced to five months in jail for dodging taxes. The longtime executive for Donald Trump's family company has also paid $2 million in taxes, penalties and interest. Continue reading
Jan 10 French Prime Minister Borne unveils plan to raise retirement age from 62 to 64 by 2030 By Sylvie Corbet, Associated Press French Prime Minister Elisabeth Borne has unveiled a contentious pension overhaul aimed at raising the retirement age from 62 to 64 by 2030 that has prompted vigorous criticism and calls for protests from leftist opponents and worker unions. Continue reading
Jan 10 Mega Millions rises to $1.1B, 5th largest in U.S. history By Associated Press After nearly three months of lottery losing, the odds of winning the top lottery prize don't change, and they're formidable at 1 in 302.6 million. Continue reading
Jan 09 UK government ministers meets with unions but fails to end wave of strikes By Jill Lawless, Associated Press British government ministers have met trade union leaders but have fallen short of ending a wave of strikes that has hobbled the U.K.'s rail network and overburdened health system. Continue reading
Jan 06 Watch 5:24 Hiring slows in December as worker shortage still presents challenges By Paul Solman, Ryan Connelly Holmes Friday's jobs report signaled good news for those who are worried about a recession and inflation. It also capped a very strong year for the jobs market overall with more than 4.5 million new jobs created in 2022. That's the… Continue watching
Jan 06 Amid unrelenting drought, Biden signs water bills benefiting 3 tribes in Arizona By Felicia Fonseca, Associated Press President Joe Biden has approved three bills that will improve access to water for three tribes in Arizona amid an unrelenting drought. Continue reading