Jan 30 Germany pledges $222 million for environmental projects in Brazil By Fabiano Maisonnave, Associated Press Germany announced on Monday that it would make 204 million euros ($222 million) available for environmental policies in Brazil. Continue reading
Jan 30 Federal Reserve prepares for smaller hike, but may hint of fewer increases By Christopher Rugaber, Associated Press The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording… Continue reading
Jan 29 Analysis: Cost of living may be rising faster for rural Americans By Stephan Weiler, Tessa Conroy, The Conversation When the Federal Reserve convenes at the end of January 2023 to set interest rates, it will be guided by one key bit of data: the U.S. inflation rate. The problem is, that stat ignores a sizable chunk of the… Continue reading
Jan 27 House GOP seeks restrictions on presidential use of U.S. oil stockpile By Matthew Daly, Associated Press For the second time this month, House Republicans have advanced a measure to restrict presidential use of the nation's emergency oil stockpile — a proposal that has already drawn a White House veto threat. Continue reading
Jan 27 Watch 4:09 News Wrap: Palestinian gunman kills 7 near Jerusalem synagogue In our news wrap Friday, new violence erupted in the Middle East when a Palestinian gunman opened fire near a synagogue in east Jerusalem, the head of the UN Refugee Agency accused Russia of kidnapping Ukrainian children and the U.S. Continue watching
Jan 27 FEC wants answers on Rep. Santos' chaotic treasurer switch By Michael R. Sisak, Associated Press Rep. George Santos' campaign committee is facing new questions from federal regulators after submitting paperwork listing a new treasurer who says he never took the job. Continue reading
Jan 27 U.S. inflation and consumer spending eases in December By Christopher Rugaber, Associated Press The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed's series of interest rate hikes are slowing the economy. Continue reading
Jan 26 Watch 4:14 News Wrap: U.S. economy shows new signs of slowing after repeated interest rate hikes In our news wrap Thursday, the U.S. economy shows new signs of slowing after repeated interest rate hikes by the Federal Reserve, 11 people died in Ukraine during a wave of Russian missile and drone attacks, the FBI says it… Continue watching
Jan 26 U.S. economy expanded 2.9% last quarter in face of interest rates and recession fears By Paul Wiseman, Associated Press The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Continue reading
Jan 25 Watch 4:25 News Wrap: Northern California mass shooting suspect makes first court appearance In our news wrap Wednesday, the man accused of killing seven people in Northern California made his first court appearance, a Virginia teacher who was shot by a first-grader says school officials were warned three times that day that the… Continue watching