Jan 20 Watch 7:04 Travelers feel the pinch as major airlines cash in on added service fees By William Brangham, Andrew Corkery, Andrew Chambers What was once a budget airline tactic has now become common practice, as passengers face an increasing number of fees for services like checking a bag, picking a seat in advance or getting something to eat or drink. Worldwide, fees… Continue watching
Jan 19 Cold weather can cut electric vehicle range and make charging tough. Here’s what you need to know By Tom Krisher, Associated Press Many have complained about long lines for charging stations, and even that their EVs wouldn't charge when plugged in. But experts say there are ways to make an EV work even in subzero cold, mainly by warming up the battery… Continue reading
Jan 19 U.S. existing home sales drop to near 30-year low By Alex Veiga, Associated Press 2023 is the weakest year for home sales since 1995 and the biggest annual decline since 2007, the start of the housing slump of the late 2000s. Continue reading
Jan 18 The federal debt tops $34 trillion and some in Congress want a commission to find ways to tackle it By Kevin Freking, Associated Press A bill to create a bipartisan commission that would tackle the nation's soaring debt and make policy recommendations to Congress has won approval from a House committee. House Republicans are making the bill a priority. Continue reading
Jan 18 World Economic Forum spotlights the opportunities and risks of AI By Kelvin Chan, Associated Press Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks. Continue reading
Jan 18 WATCH: Congress votes to avert a shutdown and keep the government funded through early March By Mary Clare Jalonick, Kevin Freking, Associated Press The temporary measure will run to March 1 for some federal agencies whose approved funds are set to run out Friday and extend the remainder of government operations to March 8. Continue reading
Jan 17 Billionaire backers of new California city reveal map and details of proposed development By Janie Har, Associated Press The Forever California company plans to submit paperwork Wednesday to ask voters on the November ballot to allow them to build the city on agricultural land now protected. Continue reading
Jan 17 Yellen says current U.S. economic growth ‘vindicates’ Biden’s COVID-19 pandemic stimulus spending By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen is making an election-year pitch that the current state of the economy "vindicates" Democrats' decision to pass a $1.9 trillion coronavirus pandemic response package back in 2021. Continue reading
Jan 17 New regulation proposed by Biden administration would limit overdraft fees at big banks to as low as $3 By Ken Sweet, Cora Lewis, Associated Press Under the proposal, banks would have to show how much it costs for them to run overdraft services, or instead charge a benchmark fee that could be as little as $3. Continue reading
Jan 17 Retail sales were up 0.6 percent this holiday season, fueled by a strong job market By Anne D'Innocenzio, Associated Press While consumers continue to face higher borrowing costs and prices, spending is being fueled by a strong job market and rising wages. Continue reading