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Buttigieg launches $1B pilot to build racial equity in roads

WASHINGTON (AP) — Transportation Secretary Pete Buttigieg on Thursday launched a $1 billion first-of-its-kind pilot program aimed at helping reconnect cities and neighborhoods racially segregated or divided by road projects, pledging wide-ranging...

 

Court revives block of vaccine mandate for federal workers

NEW ORLEANS (AP) — In a reversal for President Joe Biden, a federal appeals court in New Orleans on Monday agreed to reconsider its own April ruling that allowed the administration to require federal employees to be vaccinated against COVID-19....

 

Supreme Court: Religious schools must get Maine tuition aid

WASHINGTON (AP) — The Supreme Court ruled Tuesday that Maine can't exclude religious schools from a program that offers tuition aid for private education, a decision that could ease religious organizations' access to taxpayer money. The 6-3...

 

Biden to name 1st Native American US treasurer to head Mint

WASHINGTON (AP) — A Native American is being appointed U.S. treasurer, a historic first. The White House on Tuesday announced President Joe Biden's intent to appoint Marilynn "Lynn" Malerba as his administration establishes an Office of Tribal and...

 

Congress alleges 'shadow' probe by Commanders owner Snyder

Washington Commanders owner Dan Snyder conducted a "shadow investigation" that sought to discredit former employees making accusations of workplace sexual harassment, hired private investigators to intimidate witnesses, and used an overseas lawsuit...

 

Biden says decision on gas tax holiday may come this week

REHOBOTH BEACH, Del. (AP) — President Joe Biden said Monday that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon. "Yes, I'm considering...

 

Companies weigh in on proposed SEC climate disclosure rule

WASHINGTON (AP) — The Securities and Exchange Commission moved closer Friday to a final rule that would dramatically alter what public companies tell shareholders about climate change — both the risks it poses to their operations and their own...

 

Stocks dip deeper into bear market ahead of big Fed news

NEW YORK (AP) — Most stocks on Wall Street dipped Tuesday in their first trading after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy. The S&P 500 fell 14.15, or 0.4%,...

 

US inflation at new 40-year high as price increases spread

WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.6% last month from a year...

 

No, you're not imagining it - package sizes are shrinking

It's the inflation you're not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It's dubbed "shrinkflation," and it's accelerating worldwide. In the U.S.,...

 

$3M settlement reached in lawsuit over Black man's death

A North Carolina sheriff's office announced a $3 million settlement on Monday in a lawsuit filed by the family of an unarmed Black man who was shot and killed in his car by sheriff's deputies more than a year ago. The family of Andrew Brown Jr. had...

 

High prices, Asian markets could blunt EU ban on Russian oil

BRUSSELS (AP) — The European Union's groundbreaking decision to ban nearly all oil from Russia to punish the country for its invasion of Ukraine is a blow to Moscow's economy, but its effects may be blunted by rising energy prices and other...

 

Biden plots inflation fight with Fed chair as nation worries

WASHINGTON (AP) — Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent...

 

Air travelers face cancellations over Memorial Day weekend

NEW YORK (AP) — Airline travelers are not only facing sticker shock this Memorial Day weekend, the kickoff to the summer travel season. They're also dealing with a pileup of flight cancellations. More than 1,200 flights were canceled as of 2 p.m ES...

 

EU leaders agree on partial embargo on Russian oil

BRUSSELS (AP) — European Union leaders reached a compromise Monday to impose a partial oil embargo on Russia at a summit focused on helping Ukraine with a long-delayed package of sanctions that was blocked by Hungary. The watered-down embargo...

 

War in Ukraine adds to food price hikes, hunger in Africa

MOGADISHU, Somalia (AP) — It now costs Ayan Hassan Abdirahman twice as much as it did just a few months ago to buy the wheat flour she uses to make breakfast each day for her 11 children in Somalia's capital. Nearly all the wheat sold in Somalia...

 

Worry about stagflation, a flashback to '70s, begins to grow

WASHINGTON (AP) — Stagflation. It was the dreaded "S word" of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford's much-ridiculed "Whip Inflation...

 

US sees risk of COVID supply rationing without more funds

WASHINGTON (AP) — The White House is planning for "dire" contingencies that could include rationing supplies of vaccines and treatments this fall if Congress doesn't approve more money for fighting COVID-19. In public comments and private meetings...

 

Wall Street ends higher following 7 straight weeks of losses

NEW YORK (AP) — Stocks closed broadly higher Monday, an upbeat start to the week on Wall Street after seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 rose 1.9%, with technology and financial sector...

 

Senate OKs overhaul of baby formula rules in aid program

WASHINGTON (AP) — The Senate approved a bill Thursday aimed at easing the baby formula shortage for families participating in a government assistance program that accounts for about half of all formula purchased in the United States. The House...

 

Final-hour rally yanks Wall Street from maw of bear market

NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which sits at the heart of most workers' 401(k)...

 

Zelenskyy opens Cannes Film Festival, links war and cinema

CANNES, France (AP) — The 75th Cannes Film Festival kicked off Tuesday with an eye turned to Russia's war in Ukraine and a live satellite video address from Ukrainian President Volodymyr Zelenskyy, who called on a new generation of filmmakers to co...

 

Stocks end mostly lower, extending losing streak for S&P 500

NEW YORK (AP) — Stocks ended another wobbly day mostly lower on Wall Street Monday, extending a losing streak for markets. The S&P 500 couldn't hold on to an afternoon gain and ended down 0.4%. The benchmark index is coming off a six-week losing...

 

Parents hunting for baby formula as shortage spans US

WASHINGTON (AP) — Parents across the U.S. are scrambling to find baby formula because supply disruptions and a massive safety recall have swept many leading brands off store shelves. Months of spot shortages at pharmacies and supermarkets have...

 

Less immigrant labor in US contributing to price hikes

Just 10 miles from the Rio Grande, Mike Helle's farm is so short of immigrant workers that he's replaced 450 acres of labor-intensive leafy greens with crops that can be harvested by machinery. In Houston, Al Flores increased the price of his BBQ...

 

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