Aug 11 U.S. consumer prices rose in July but at slower pace By Christopher Rugaber, Associated Press Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households. Continue reading
Aug 10 Houses are getting scooped up before they're listed. It's shutting people out of homeownership By Courtney Vinopal As U.S. home prices surge while housing inventory is at a historic low, some real estate agents say the tight market is becoming even more competitive through the practice of so-called “pocket listing” deals that are sold to buyers before… Continue reading
Aug 10 What's inside the Senate's bipartisan infrastructure bill By Mary Clare Jalonick, Associated Press The Senate has passed a nearly $1 trillion bipartisan plan to rebuild roads and bridges, modernize public works systems and boost broadband internet, among other improvements to the nation's infrastructure. Continue reading
Aug 10 Senate Dems, GOP come together to pass $1 trillion infrastructure bill By Lisa Mascaro, Associated Press A rare coalition of Democrats and Republicans joined together Tuesday to deliver a cornerstone of President Joe Biden's agenda. Passage provides momentum as it's now headed to the House. Continue reading
Aug 10 Without 'right to repair,' businesses lose time and money By Mae Anderson, Associated Press Makers of products ranging from smartphones to farm equipment can withhold repair tools and create software-based locks that prevent even simple updates, unless they're done by a repair shop authorized by the company. Continue reading
Aug 09 Judge blocks Florida law that prevents cruise lines from requiring proof of vaccination By Associated Press A federal judge has temporarily blocked a Florida law that prevents cruise lines from requiring passengers to prove they're vaccinated against COVID-19. The judge says it appears unconstitutional and won't likely hold up in court. Continue reading
Aug 09 South Korea will release billionaire Samsung scion on parole By Kim Tong-Hyung, Associated Press The announcement comes with a year left on Lee Jae-yong's 30-month sentence and extends a history of leniency toward major white-collar crime and preferential treatment for convicted tycoons. Continue reading
Aug 08 Watch 8:29 Can concrete, a major CO2 emitter, be made greener? By Mori Rothman After water, concrete is the most consumed substance on the planet and its production is expected to grow from 4.4 billion tons to 5.5 billion tons by 2050. But its production, which involves cement, comes at a huge environmental cost… Continue watching
Aug 06 Watch 7:54 U.S. economy powers back from pandemic losses, but concerns remain over the delta variant Friday's jobs report indicates the U.S. economy is making a strong comeback. Wages are up and the unemployment rate is down -- at its lowest level since the pandemic began last year. But concerns remain over the highly contagious delta… Continue watching
Aug 06 Pause on student loan payments extended through January By Collin Binkley, Associated Press The Biden administration has announced that federal student loan payments will remain suspended through January 2022, extending a pause that was scheduled to expire next month. Continue reading