Jun 09 Average gas prices close in on $5 a gallon in the U.S. By David Koenig, Associated Press Pump prices have been rising steadily for months, as global oil prices rise and demand for gas increases. Prices range from an average $6.40 a gallon in California to $4.41 in Georgia. Continue reading
Jun 08 Workers protest Starbucks’ plan to close a unionizing store By Dee-Ann Durbin, Associated Press As tensions rise between Starbucks and baristas who want to unionize, the imminent closure of a store in Ithaca, New York, is taking on outsized significance. Continue reading
Jun 07 Cryptocurrency meltdown is wake-up call for many, including Congress By Ken Sweet, Associated Press Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets. Continue reading
Jun 07 Watch 4:57 News Wrap: Treasury Secretary Janet Yellen says inflation will remain high In our news wrap Tuesday, Treasury Secretary Janet Yellen told the Senate Finance Committee inflation will remain high, the Department of Homeland Security warns of potential new threats from domestic extremists, the World Bank lowered its economic outlook, Russia says… Continue watching
Jun 07 Biden pauses solar panel tariffs to jumpstart installations, U.S. companies weigh challenge By Matthew Daly, Associated Press U.S. solar manufacturers are considering legal challenges after President Joe Biden declared a two-year pause on tariffs for solar imports from Southeast Asia. Continue reading
Jun 07 WATCH: Treasury Secretary Yellen testifies on President Biden’s budget in Senate hearing By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen has acknowledged that she and Federal Reserve Chair Jerome Powell "could have used a better word" than transitory when describing the expected run of inflation in the U.S. economy. Continue reading
Jun 06 Company halts plans for Taser drone after 9 members of its ethics board resign By Michael Balsamo, Associated Press The company best known for developing the Taser says it's halting plans to develop a Taser-equipped drone. The decision by Axon comes as a majority of its ethics board resigned over the project. Continue reading
Jun 06 Watch 5:12 News Wrap: Former Proud Boys leader indicted for seditious conspiracy in Jan. 6 probe In our news wrap Monday, the former leader of the far-right Proud Boys group was charged with seditious conspiracy in the Jan. 6 investigation, Russian forces continued their campaign to break through Ukrainian lines, gunmen in Nigeria who killed at… Continue watching
Jun 04 Watch 6:24 Americans struggle with the high cost of living amid record inflation By Winston Wilde It's clear that the realities many Americans face are vastly different from some of the economic indicators on paper. The burden of record-high inflation has continued to push the limits for people across the country. We hear from people who… Continue watching
Jun 03 Landmark bill to limit energy-intensive cryptomining passes New York Legislature By Michael Hill, Associated Press The New York Legislature has approved a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels. Continue reading