Jan 04 Officials cited strong hiring to justify raising interest rates, Fed minutes reveal By Christopher Rugaber, Associated Press Federal Reserve officials suggested at their most recent meeting that a continuing streak of robust hiring could keep inflation elevated and was a key reason why they expected to raise interest rates this year more than they had previously forecast. Continue reading
Jan 04 Family representative says Hamlin’s recovery is moving in positive direction By John Wawrow, Associated Press The marketing representative for Damar Hamlin says the Buffalo Bills safety's recovery is moving in "a positive direction" two days after he collapsed and went into cardiac arrest during a game against Cincinnati. Continue reading
Jan 04 Cryptocurrency trading platform Coinbase to pay $100 million in settlement with New York regulators By Associated Press New York has announced a $100 million settlement with Coinbase over what state officials called significant failures in the cryptocurrency trading platform's systems for spotting potential criminal activity. Continue reading
Jan 04 Massive winter storms dump on California, Upper Midwest By Steve Karnowski, Associated Press Major winter storms are dumping on California and a stretch of the Upper Midwest — as a possible tornado damaged homes in the South. Continue reading
Jan 04 U.S. job openings remained high in sign of economic resilience By Christopher Rugaber, Associated Press U.S. job openings slipped in November but remained at high suggesting businesses are still determined to add workers, a blow to the Federal Reserve's efforts to cool hiring and wage gains. Continue reading
Jan 04 Rick Singer, mastermind of college admissions bribery scandal, gets 3.5 years in prison By Alanna Durkin Richer, Associated Press The mastermind of the nationwide college admissions bribery scheme that ensnared celebrities, prominent businesspeople and other parents has been sentenced to 3 1/2 years in prison. Continue reading
Jan 04 Los Angeles to pay $20 million for land previously seized from Black family in 1912 By Associated Press The land in the city of Manhattan Beach was purchased in 1912 by Willa and Charles Bruce, who built a resort for African Americans. The Bruces suffered racist harassment, and in the 1920s the city took the property through eminent… Continue reading
Jan 04 Mega Millions jackpot approaches $1 billion By Associated Press The Mega Millions jackpot increased to an estimated $940 million after another drawing resulted in plenty of losers but not a single grand prize winner. Continue reading
Jan 03 Transgender inmate executed in Missouri By Jim Salter, Associated Press A Missouri inmate has been put to death for a 2003 killing, becoming what is believed to be the first transgender woman executed in the U.S. Continue reading
Jan 03 Watch 8:59 House adjourns until Wednesday after McCarthy fails to win enough votes to become speaker By Lisa Desjardins, Ali Schmitz Tuesday marked the start of a new Congress with Democrats retaining the Senate and Republicans taking control of the House. Republican Kevin McCarthy has aimed to be Speaker for years but a group of his own party members adamantly opposed… Continue watching