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They made one-of-a-kind quilts that captured the public's imagination. Then Target came along
Over the past two decades, Gee's Bend quilts have captured the public's imagination with their kaleidoscopic colors and their daring geometric patterns. The groundbreaking art practice was cultivated by direct descendants of slaves in rural Alabama w...
America's debt tops $34 trillion, but a commission to address it appears dead in Congress
WASHINGTON (AP) — For Mike Johnson it was effectively a Day 1 priority. It's well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle the federal government's growing $34.6 trillion in debt. "...
Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
LIVONIA, Mich. (AP) — A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put t...
Melinda French Gates resigns as Gates Foundation co-chair, 3 years after her divorce from Bill Gates
NEW YORK (AP) — Melinda French Gates will step down as co-chair of the Bill & Melinda Gates Foundation, the nonprofit she and her ex-husband Bill Gates founded and built into one of the world's largest philanthropic organizations over the past 20 y...
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
WASHINGTON (AP) — The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, r...
Biden lauds new Microsoft center on the same site where Trump's Foxconn project failed
STURTEVANT, Wisc. (AP) — President Joe Biden on Wednesday laced into Donald Trump over a failed project in the previous administration that was supposed to bring thousands of new jobs into southeastern Wisconsin and trumpeted new economic i...
Fans are following Taylor Swift to Europe after finding Eras Tour tickets less costly there
LONDON (AP) — Thousands of ride-or-die Taylor Swift fans who missed out on her U.S. concert tour last year or didn't want to buy exorbitantly priced tickets to see her again found an out-of-the-way solution: Fly to Europe. The pop star is s...
Maryland officials release timeline, cost estimate, for rebuilding bridge
ANNAPOLIS, Md. (AP) — Maryland plans to rebuild the Francis Scott Key Bridge in just over four years at an estimated cost between $1.7 billion and $1.9 billion, a state transportation official said Thursday. The state plans to build a new span by f...
US employers scaled back hiring in April. How that could let the Fed cut interest rates
WASHINGTON (AP) — The nation's employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market. Friday's government report s...
To fend off tourists, a town in Japan is building a big screen blocking the view of Mount Fuji
FUJIKAWAGUCHIKO, Japan (AP) — The town of Fujikawaguchiko has had enough of tourists. Known for a number of scenic photo spots that offer a near-perfect shot of Japan's iconic Mount Fuji, the town on Tuesday began constructing a large black screen o...
Scammers stole more than $3.4 billion from older Americans last year, an FBI report says
WASHINGTON (AP) — Scammers stole more than $3.4 billion from older Americans last year, according to an FBI report released Tuesday that shows a rise in losses through increasingly sophisticated criminal tactics to trick the vulnerable into giving u...
Strict new EPA rules would force coal-fired power plants to capture emissions or shut down
WASHINGTON (AP) — Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued Thursday by the Environmental Protection Agency. New limits on greenhouse gas emissions from fossil fuel-fired electric plants...
The National Enquirer was the go-to American tabloid for many years. Donald Trump helped change that
NEW YORK (AP) — Catch and kill. Checkbook journalism. Secret deals. Friends helping friends. Even by National Enquirer standards, testimony by its former publisher David Pecker at Donald Trump's hush money trial this week has revealed an a...
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
SHANGHAI (AP) — U.S. Secretary of State Antony Blinken raised what the U.S. describes as unfair Chinese trade practices during his first full day of meetings in China on Thursday with local government officials in the financial hub of Shanghai. B...
Fed's preferred inflation gauge shows price pressures stayed elevated last month
WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's r...
Rooting for Trump to fail has made his stock shorters millions
NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price...
US government agrees to $138.7M settlement over FBI's botching of Larry Nassar assault allegations
DETROIT (AP) — The U.S. Justice Department announced a $138.7 million settlement Tuesday with more than 100 people who accused the FBI of grossly mishandling allegations of sexual assault against Larry Nassar in 2015 and 2016, a critical time gap t...
Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
Faced with falling global sales and a diving stock price, Tesla has slashed prices again on some of its electric vehicles and its "Full Self Driving" system in an apparent effort to boost the company's earnings growth. But Wall Street was...
US and UK issue new sanctions on Iran in response to Tehran's weekend attack on Israel
WASHINGTON (AP) — The U.S. and U.K. on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran's unprecedented attack on Israel could fuel a wider war in the Middle East. The sanctions are meant to hold Iran accountable for i...
Once praised, settlement to help sickened BP oil spill workers leaves most with nearly nothing
When a deadly explosion destroyed BP's Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months — and tens of thousands of ordinary people were hired to help clean up environme...
Biden is marking Earth Day by announcing $7 billion in federal solar power grants
WASHINGTON (AP) — President Joe Biden is marking Earth Day by announcing $7 billion in federal grants for residential solar projects serving 900,000-plus households in low- and middle-income communities. He also plans to expand his New Deal-style A...
Fed's Powell: Elevated inflation will likely delay rate cuts this year
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates. "Recent data h...
Yellen says Iran's actions could cause global 'economic spillovers' and warns of more sanctions
WASHINGTON (AP) — Treasury Secretary Janet Yellen warned Tuesday of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's "...
Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture
An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart. "They are putting out defective airplanes," the...
Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge
DETROIT (AP) — Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company's corporate home to Texas. The changes, to be voted on by stockholders at a...
