Jul 27 Watch 6:46 News Wrap: Manchin, Schumer reach deal to address health care, climate change, the deficit In our news wrap Wednesday, West Virginia Sen. Joe Manchin announced an agreement with Senate Majority Leader Chuck Schumer on legislation for health care costs, climate change, deficit reduction and more. Also, President Biden left isolation after testing negative for… Continue watching
Jul 27 How the latest Federal Reserve rate hike affects your finances By Christopher Rugaber, Associated Press The Fed's latest hike, its fourth since March, will further magnify borrowing costs for homes, cars and credit cards, though many borrowers may not feel the impact immediately. Continue reading
Jul 27 Federal Reserve unleashes another big rate hike in bid to curb inflation By Christopher Rugaber, Associated Press By raising borrowing rates, the Fed makes it costlier to take out a mortgage or an auto or business loan. Consumers and businesses then presumably borrow and spend less, cooling the economy and slowing inflation. Continue reading
Jul 27 Dutch farmers dump manure, garbage on roads to protest planned emission reductions By Mike Corder, Associated Press The government says emissions of nitrogen oxide and ammonia, which livestock produce, must be drastically reduced close to nature areas that are part of a network of protected habitats for endangered species stretching across the European Union. Continue reading
Jul 27 WATCH: Federal Reserve imposes another big rate hike to fight inflation By Christopher Rugaber, Associated Press The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation. Continue reading
Jul 27 Senate passes bill to boost computer chip production in U.S. By Kevin Freking, Associated Press A bill designed to encourage more semiconductor companies to build chip plants in the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration. Continue reading
Jul 26 California federal judge says Uber doesn’t have to offer wheelchair-accessible vehicles By Associated Press A California federal judge has rejected a legal push to require Uber to provide wheelchair-accessible vehicles, finding that such a mandate would be too onerous on the ride-hailing company. Continue reading
Jul 26 Climate disinformation continues to leave a mark as world gets hotter By David Klepper, Associated Press Wildfires, floods and soaring temperatures have made climate change real to many Americans. Yet a sizeable number continue to dismiss the scientific consensus that human activity is to blame. Continue reading
Jul 26 Watch 5:04 News Wrap: Oak Fire near Yosemite begins to slow as heat wave hits Pacific Northwest In our news wrap Tuesday, rising humidity slowed the spread of the Oak Fire burning near Yosemite National Park as a new heat wave scorches the Pacific Northwest, heavy rains inundated the St. Louis area, the Senate is set to… Continue watching
Jul 26 Watch 8:38 Federal Reserve risks recession by raising interest rates to fight inflation The Federal Reserve is expected to raise interest rates again this week by three-quarters of a point. Fed Chair Jerome Powell has made it clear he wants to substantially curb the rate of inflation. But there are serious concerns the… Continue watching