Apr 03 Powell says the Federal Reserve still sees rate cuts this year; election timing won't affect decision By Christopher Rugaber, Associated Press Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February. Continue reading
Apr 02 Freight railroads must keep 2-person crews, according to new federal rule 2 years in the making By Josh Funk, Associated Press The Transportation Department's Federal Railroad Administration released the details of the rule two years in the making on Tuesday. It comes amid an intense focus on railroad safety following a fiery February 2023 derailment in Ohio. Continue reading
Apr 02 A tugboat pushing a fuel barge is the first vessel to use an alternate channel to bypass the Key Bridge wreckage By Lea Skene, Associated Press Officials say they're working on a second channel that will allow for deeper draft vessels but didn't say when that might open. Continue reading
Apr 01 Trump Media stock falls more than 21 percent after company discloses $58 million loss for 2023 By Wyatte Grantham-Philips, Associated Press After merging with a blank-check company called Digital World Acquisition Corp., Trump Media began trading on the Nasdaq last week under ticker symbol DJT. It's been a volatile ride since. Continue reading
Mar 29 OpenAI reveals Voice Engine, but won't yet release it publicly due to safety concerns By Associated Press The company unveiled its new Voice Engine technology Friday, just over a week after filing a trademark application. The company claims that it can recreate a person's voice with just 15 seconds of recording of that person talking. Continue reading
Mar 29 The EU plans to fast-track some financial aid to Egypt amid influx of migrants By Lorne Cook, Associated Press The funds are part of a bigger aid package under an EU-Egypt deal aimed partly at stopping migrants from reaching European shores. Continue reading
Mar 28 How Baltimore's Key Bridge collapse will affect supply chains and the economy By Hannah Grabenstein The Key Bridge collapse comes at a time when other international routes are under pressure, experts say. Continue reading
Mar 28 What to know about the cargo ship that took down Baltimore's Francis Scott Key Bridge By Nick Perry, Associated Press If stood upright, the Dali would reach almost to the top of the Eiffel Tower in Paris or about two-thirds of the way up the Empire State Building in New York. Continue reading
Mar 28 FTX founder Sam Bankman-Fried sentenced to 25 years in prison By Ken Sweet, Larry Neumeister, Associated Press Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian… Continue reading
Mar 27 Interior Department rule aims to crack down on methane leaks from oil, gas drilling on public lands By Matthew Daly, Associated Press The rule issued by the Interior Department's Bureau of Land Management will tighten limits on gas flaring on federal lands and require that energy companies improve methods to detect methane leaks that add to planet-warming greenhouse gas pollution. Continue reading