Sep 13 Watch 6:22 Inflation remains stubbornly high, raising fears of more interest rate hikes The August inflation report is out and the U.S. Labor Department says overall consumer prices rose 8.3% from a year ago. That's slightly lower than July's increase, but amid fears of more interest rate hikes, it led to Wall Street's… Continue watching
Sep 13 Watch 6:23 News Wrap: Twitter security discussed at Senate hearing, new king visits Northern Ireland In our news wrap Tuesday, King Charles III traveled to Northern Ireland where he spoke of the late Queen Elizabeth's hopes for healing the region's Protestant and Catholic divisions, alleged security flaws at Twitter were discussed at a U.S. Senate… Continue watching
Sep 13 Watch 6:47 How the pandemic led to a significant decline in child poverty The child poverty rate in the U.S. fell last year to the lowest level on record. Families were helped as cash benefits, tax credits and other types of non-cash assistance increased during the pandemic. Dana Thomson of Child Trends is… Continue watching
Sep 13 WATCH: Biden touts Inflation Reduction Act despite a new report showing prices are still rising By Josh Boak, Zeke Miller, Associated Press President Joe Biden gathered a crowd of thousands at the White House Tuesday to celebrate last month’s passage of the Inflation Reduction Act, even as a new government report showed how hard it could be to bring surging prices down. Continue reading
Sep 13 U.S. inflation ticks down slightly, but stays stubbornly high By Christopher Rugaber, Associated Press Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households. Continue reading
Sep 12 Watch 4:31 News Wrap: Final tributes for Queen Elizabeth in Scotland, Minnesota nurses strike In our news wrap Monday, thousands in Scotland turned out for final tributes to Queen Elizabeth, former President Trump's lawyers urged a federal judge to continue barring investigators from reviewing White House documents found at his Florida home, Sweden's elections… Continue watching
Sep 12 Pakistan’s prime minister says his flooded country faces food shortages By Munir Ahmed, Associated Press Pakistan's prime minister says his government is grappling with food shortages following months of deadly floods in the impoverished nation. Continue reading
Sep 12 Lebanon’s Central Bank lifts all expensive fuel subsidies amid economic crisis By Kareem Chehayeb, Associated Press The spokesman of the crisis-hit country's Gas Station Owners' Syndicate told The Associated Press on Monday that fuel will now be priced in U.S. dollars to the country's black market exchange rate. Continue reading
Sep 12 WATCH: President Biden vows to modernize aging, outdated U.S. airports By Chris Megerian, Associated Press President Joe Biden traveled to Boston Monday where he spoke at Logan International Airport and vowed to modernize aging, outdated U.S. airports. Continue reading
Sep 10 Watch 8:13 HUD Secretary Marcia Fudge on soaring cost of buying and renting homes Home prices in the U.S. have risen around 20% year-over-year, making homeownership unaffordable for millions of Americans. A historic housing shortage is causing rental rates to spike, too, and experts say it's unlikely prices will drop significantly any time soon. Continue watching