Dec 16 Gas prices have dropped but still strain some drivers By Cathy Bussewitz, David McHugh, Associated Press Drivers now hope the situation doesn’t get worse after a series of cutbacks tied to Russia’s war in Ukraine, accidents and the slowing global economy have strained the world’s oil supply. Continue reading
Dec 14 Watch 6:58 News Wrap: New government in Peru suspends basic rights to quell protests By PBS NewsHour In our news wrap Wednesday, the new government in Peru declared a state of emergency and suspended basic rights to quell violent protests, a storm system reached the upper Midwest and the Deep South where tornadoes killed a woman and… Continue watching
Dec 14 Watch 5:39 After raising interest rates again, Federal Reserve warns more hikes likely in 2023 By Geoff Bennett, Dorothy Hastings After announcing another half-point interest rate hike, Federal Reserve Chair Jay Powell indicated more hikes are on the way in 2023. This comes as inflation shows signs of slowing gradually, but there are again concerns the Fed is not going… Continue watching
Dec 14 Watch 6:35 Congressional leaders hope to avoid government shutdown with a newly unveiled budget deal By Lisa Desjardins Lawmakers on Capitol Hill are working against the clock to figure out funding bills and an assortment of other key measures before the end of the year. Leaders are hoping to avoid a looming government shutdown. Lisa Desjardins breaks down… Continue watching
Dec 14 Watch 8:58 House Majority Whip James Clyburn on budget negotiations and final weeks of term By Judy Woodruff House Democrats have a list of priorities they want to complete before the end of the year. Majority Whip James Clyburn, the third-ranking Democrat in the House, joined Judy Woodruff to talk about the final weeks of the term and… Continue watching
Dec 14 WATCH: Senate hearing indicates regulation may be on the way for cryptocurrency By Glenn Gamboa, Associated Press Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday. However, new legislation is potentially on the way. Continue reading
Dec 14 WATCH: Federal Reserve Chair Powell announces small rate hike as inflation cools By Christopher S. Rugaber, Associated Press The Federal Reserve reinforced its inflation fight by raising its key interest rate for the seventh time this year and signaling more hikes to come. Continue reading
Dec 13 Watch 4:47 News Wrap: Labor Department report shows inflation is slowing In our news wrap Tuesday, the U.S. economy is giving fresh hope that the worst of inflation may have passed, stocks surged on the inflation news then eased back to wait for Wednesday's interest rate decision, a French court convicted… Continue watching
Dec 13 Watch 8:38 FTX founder Sam Bankman-Fried indicted on battery of fraud charges By John Yang, Alexis Cox Federal prosecutors unveiled a battery of charges against Sam Bankman-Fried, founder of the bankrupt cryptocurrency exchange FTX. They include wire fraud, money laundering and lying to investors. Bankman-Fried was arrested Monday in the Bahamas just hours before he was scheduled… Continue watching
Dec 13 U.S.-Africa Leaders Summit opens with focus on youth, security By Matthew Lee, Aamer Madhani, Associated Press Harris has opened the U.S.-Africa Leaders Summit in Washington by spotlighting Africa's youthful population. She's making the case that the continent's demographics will inevitably lead it to become a key global player in the decades to come. Continue reading