Oct 27 U.S. mortgage rates hit 20-year high, top 7 percent after Fed hikes By Matt Ott, Alex Veiga, Associated Press Average long-term U.S. mortgage rates topped 7% for the first time in more than two decades this week, a result of the Federal Reserve's aggressive rate hikes intended to tame inflation not seen in some 40 years. Continue reading
Oct 27 U.S. economy snaps contraction streak with 2.6 percent growth last quarter By Paul Wiseman, Associated Press The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of economic contraction and overcoming punishingly high inflation and interest rates. Continue reading
Oct 26 Watch 5:15 News Wrap: Russia holds first nuclear drills since invading Ukraine In our news wrap Wednesday, fears of escalation mount in Ukraine as Russian President Putin oversaw his first nuclear drills since the invasion, Islamic State gunmen killed at least 15 people at a major Shiite holy site in Iran and… Continue watching
Oct 26 British foreign secretary tells gay World Cup fans heading to Qatar to ‘be respectful’ By Associated Press British Foreign Secretary James Cleverly is facing criticism after telling gay soccer fans heading to the World Cup in Qatar that they should show some "compromise" and "be respectful of the host nation."… Continue reading
Oct 26 Second railroad union rejects deal over lack of paid sick time, adding to strike worries By Josh Funk, Associated Press A second railroad union has rejected its deal with the major U.S. freight railroads, reflecting workers' increasing frustration with the lack of paid sick time in the industry. Continue reading
Oct 26 EU Commission proposes tougher pollution restrictions By Associated Press The European Union’s executive arm sought on Wednesday to toughen up pollution restrictions to ensure that harmful pollutants are eliminated by 2050 to potentially save the lives of hundreds of thousands of people. Continue reading
Oct 26 WATCH: Kamala Harris announces $1 billion in grants for electric school buses By Matthew Daly, Associated Press The Biden administration is making the grants available as part of a wider effort to accelerate the transition to zero-emission vehicles and reduce air pollution near schools and communities. Continue reading
Oct 26 Low-wage workers bear financial burden of denied abortions By Anne D'Innocenzio, Alexandra Olson, Associated Press It has always been difficult to be pregnant on the job and to raise a child, but especially so for low-wage workers. They are more likely to work in physically demanding roles with fewer labor protections and less flexibility than… Continue reading
Oct 26 Most in U.S. want more action on climate change, says AP-NORC poll By Matthew Daly, Nuha Dolby, Associated Press Nearly two-thirds of Americans think the federal government is not doing enough to fight climate change, according to a new poll that shows limited public awareness about a sweeping new law that commits the U.S. to its largest ever investment… Continue reading
Oct 25 Watch 5:22 News Wrap: Putin pushes to boost production of weapons and supplies for Ukraine invasion In our news wrap Tuesday, Russian President Vladimir Putin pushed for faster production of weapons and supplies amid a report that its forces are running low on artillery ammunition in Ukraine, Rishi Sunak was formally installed as Britain's new prime… Continue watching