Jan 25 U.S. sues to block Lockheed Martin’s purchase of Aerojet By Associated Press The Biden administration is suing to block a Lockheed Martin acquisition that it says would limit competition among companies that supply missiles to the Pentagon. Continue reading
Jan 25 IMF projects slower growth for world economy as inflation rises By Paul Wiseman, Associated Press The International Monetary Fund is downgrading its forecast for the world economy this year. Continue reading
Jan 24 Watch 7:02 What’s behind the current stock market volatility? By Amna Nawaz At one point Monday, the Dow Jones was down more than a thousand points and the S&P 500, which is a wider gauge of the stock market, fell into correction territory — a drop of 10 percent from its previous… Continue watching
Jan 24 Federal Reserve expected to raise interest rates in fight against inflation By Christopher Rugaber, Associated Press With inflation punishing consumers and threatening the economy, the Federal Reserve will likely signal its intent this week to begin raising interest rates in March for the first time in three years. Continue reading
Jan 24 Sarah Palin COVID-19 tests delay libel trial against New York Times By Tom Hays, Associated Press A judge has delayed trial for former Alaska Gov. Sarah Palin's defamation claims against The New York Time after she tested positive for the coronavirus three times. Continue reading
Jan 22 Watch 5:40 Black women in Mississippi demand state-level pay protections By Ivette Feliciano, Zachary Green Mississippi is the only state in the nation without a law requiring equal pay for women—but that could be about to change. Ivette Feliciano sits down with Cassandra Welchlin, Executive Director of the Mississippi Black Women’s Roundtable, to discuss her… Continue watching
Jan 20 Federal Reserve report on digital currency centers on banks By Christopher Rugaber, Associated Press The Federal Reserve released a highly anticipated report on central bank digital currencies that suggested it is leaning toward having banks and other financial firms, rather than the Fed itself, manage digital accounts for customers. Continue reading
Jan 20 Number of Americans applying for unemployment benefits rises to 286,000 By Paul Wiseman, Associated Press The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market. Continue reading
Jan 19 New York attorney general says Trump’s company misled banks, tax officials By Michael R. Sisak, Associated Press The New York attorney general's office says its civil investigation has uncovered evidence that former President Donald Trump's company used "fraudulent or misleading" asset valuations to get loans and tax benefits. Continue reading
Jan 18 Watch 6:01 Inflation in Turkey is at a near two-decade high. Is it part of Erdogan’s plan? By Nick Schifrin, Dan Sagalyn For Turkey, 2021 was marked by a free-falling currency, the lira, and record-high inflation. The government’s monetary policy has sent the country into economic turmoil, and as Nick Schifrin reports, soaring prices have hurt Turks from all walks of life. Continue watching