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WATCH: Interest rate cuts likely but more evidence needed that inflation tamed, Powell says

By Christopher Rugaber, Associated Press

Powell noted that inflation is slowing for both goods and services and did not express concern about the government’s latest inflation data, which showed some pickup in price increases in January.

Californians vote on measure Gov. Newsom says he needs to tackle homelessness crisis

By Trân Nguyễn, Associated Press

Proposition 1 would authorize the state to borrow $6.4 billion to build housing and treatment beds and would also restrict how counties use money from a 2004 tax on millionaires meant to fund mental health services.

Bitcoin hits record high less than 2 years after FTX collapse cast doubt on digital currencies

By Wyatte Grantham-Philips, Associated Press

Gains in recent months have been fueled by the anticipation and eventual U.S. approval of bitcoin exchange traded funds earlier this year, which provided access to a much broader class of investors.

WATCH: Biden administration to cap credit card late fees at $8 in move against junk fees

By Ken Sweet, Josh Boak, Associated Press

The Biden administration has portrayed the White House Competition Council as a way to save people money and promote greater competition within the U.S. economy.

Ohio foundation begins process to distribute over $860 million in opioid settlement money

By Samantha Hendrickson, Associated Press/Report For America

The foundation has been tasked with distributing $860 million of the settlements reached with drugmakers and pharmaceutical companies over their roles in the national opioid crisis.

Mining company can’t tap water needed for Okefenokee wildlife refuge, U.S. says

By Russ Bynum, Associated Press

A federal agency is asserting legal rights to waters that feed the Okefenokee Swamp and its vast wildlife refuge, setting up a new battle with a mining company seeking permits to withdraw more than 1.4 million gallons per day.

China seeks ways to revive slowing economy and salvage housing market as annual congress convenes

By Dake Kang, Elaine Kurtenbach, Associated Press

China's efforts to restore confidence and rev up the economy will top the agenda during this month’s meeting of the ceremonial national legislature.

JetBlue, Spirit Airlines put an end to proposed multi-billion dollar merger plan

By David Koenig, Michelle Chapman, Associated Press

A merger would have eliminated Spirit, the nation's biggest discount airline. The Justice Department sued to block the deal and won in court.

Brazil’s economy grows 2.9 percent in Lula’s 1st year, beating expectations

By Associated Press

Lula has said in public forums he wants to push the number above 3 percent this year by drawing more foreign investment to Brazil.

DeSantis vetoes social media ban for kids under 16. Florida lawmakers offer another option

By Brendan Farrington, Associated Press

After Friday's veto, lawmakers proposed new language that seeks to keep children under 14 off of addictive platforms. The original bill would have banned social media for children under 16 regardless of parental consent.