Nation

Fed’s aggressive rate hikes raise likelihood of a recession

Published on Thu, 06/16/2022 - 12:00am

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a fourdecade high and defying the Fed’s efforts so far to tame it.

Fed attacks inflation with its largest rate hike since ’94

Published on Wed, 06/15/2022 - 12:00am
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WASHINGTON (AP) — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of another recession.

1/6 panel postpones hearing with ex-Justice Dept. officials

Published on Tue, 06/14/2022 - 12:00am

WASHINGTON (AP) — The House committee investigating the Jan. 6, 2021 riot at the U.S. Capitol has postponed a hearing for later this week that was to feature dramatic testimony from former Justice Department officials who threatened to resign over then-President Donald Trump’s pursuit of false election fraud theories. The hearing had been set for Wednesday, but the committee on Tuesday morning said that it had been postponed. It did not give a reason or a new date for the hearing.

Senate negotiators announce a deal on guns, breaking logjam

Published on Mon, 06/13/2022 - 12:00am
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WASHINGTON (AP) — Senate bargainers on Sunday announced the framework of a bipartisan response to last month’s mass shootings, a noteworthy but limited breakthrough offering modest gun curbs and stepped-up efforts to improve school safety and mental health programs.

Riot panel blames Trump for ‘attempted coup’

Published on Fri, 06/10/2022 - 12:00am
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WASHINGTON (AP) — The House panel investigating the Jan. 6 insurrection at the U.S. Capitol has laid the blame firmly on Donald Trump, saying the assault was not spontaneous but an “attempted coup” and a direct result of the defeated president’s effort to overturn the 2020 election.

Gas prices close in on $5 a gallon in US

Published on Thu, 06/09/2022 - 12:00am
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DALLAS (AP) — The average price that Americans pay for gasoline is closing in on $5 a gallon, another drain on the wallets of consumers who are paying more for many other essentials too.

Armed man arrested for threat to kill Supreme Court Justice Kavanaugh

Published on Wed, 06/08/2022 - 12:00am
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WASHINGTON (AP) — A man carrying a gun, a knife and zip ties was arrested Wednesday near Justice Brett Kavanaugh’s house in Maryland after threatening to kill the justice.

30 cases in a month: Abortion and guns top justices’ to-do list

Published on Tue, 06/07/2022 - 12:00am
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WASHINGTON (AP) — Curbing abortion rights and expanding the right to be armed in public are longsought goals of the conservative legal movement that the Supreme Court seems poised to deliver within the next month.

Biden appeals for tougher gun laws

Published on Fri, 06/03/2022 - 12:00am

WASHINGTON (AP) — “Enough, enough,” President Joe Biden exclaimed over and over as he delivered an impassioned address to the nation imploring Congress to take action against gun violence after mass shootings he said had turned schools, supermarkets and other everyday places into “killing fields.”

Depp, Heard face uncertain career prospects after trial

Published on Thu, 06/02/2022 - 12:00am
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FAIRFAX, Va. (AP) — A jury’s finding that both Johnny Depp and Amber Heard were defamed during their long-running public dispute capped a lurid six-week trial that also raised questions about whether the two actors can overcome tarnished reputations.