Dec 12 After year of interest rate hikes, Wall Street ticks higher ahead of next Fed meeting By Stan Choe, Associated Press Wall Street is ticking higher at the start of a busy week where central banks are likely to unload the year’s final barrage of hikes to interest rates. Continue reading
Dec 10 Watch 7:58 How inflation is changing the way some Americans celebrate the holidays By Stephanie Sy, Lorna Baldwin, Andrew Corkery The holiday season is in full swing, and many Americans whose paychecks haven't kept pace with inflation are finding themselves strapped for cash to pay for entertainment, travel or shopping. As Stephanie Sy reports, the increase in prices is altering… Continue watching
Dec 10 The fight to reduce food waste is getting a boost from science By Dee-Ann Durbin, Associated Press Restaurants, grocers, farmers and food companies are increasingly turning to chemistry and physics to tackle the problem of food waste. Continue reading
Dec 08 Amid explosion of illegal marijuana production, Oregon looks to toughening laws By Andrew Selsky, Associated Press In 2014, Oregon voters approved a ballot measure legalizing recreational marijuana after being told it would eliminate problems caused by "uncontrolled manufacture" of the drug. Continue reading
Dec 08 Watch 8:14 How suburban zoning rules are stifling development and causing rents to spike By Paul Solman, Sam Weber The cost of housing has risen dramatically over the last several years, helping drive levels of inflation not seen in decades. One key factor is that in many places, building has not kept up with demand. The suburban counties of… Continue watching
Dec 08 WATCH: Biden announces release of nearly $36 billion to aid pensions of union workers By David A. Lieb, Seung Min Kim, Associated Press The federal aid is intended to stop severe cuts to the retirement incomes of more than 350,000 Teamsters workers and retirees. The Biden administration says it's the largest-ever federal payment to a union pension fund. Continue reading
Dec 08 FTC challenges Facebook parent Meta's acquisition of VR company By Barbara Ortutay, Associated Press Federal regulators opened their campaign to block Facebook parent Meta's acquisition of a virtual-reality company in a San Jose, California, courtroom. Continue reading
Dec 08 FTC sues to block Microsoft-Activision Blizzard $69 billion merger By Matt O'Brien, Associated Press The Federal Trade Commission on Thursday sued to block Microsoft's planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business. Continue reading
Dec 07 New York Times braces for 24-hour strike By Alexandra Olson, Associated Press The New York Times is bracing for a 24-hour walkout by hundreds of journalists and other employees. It would be the first strike of its kind at the paper in more than 40 years. Continue reading
Dec 07 Pentagon splits $9 billion cloud computer network contract between 4 firms By Tara Copp, Matt O'Brien, Associated Press Google, Oracle, Microsoft and Amazon will share in the Pentagon's $9 billion contract to build its cloud computing network. Continue reading