VOL. 46 | NO. 23 | Friday, June 10, 2022
REAL ESTATE
Top residential real estate sales, May 2022, for Davidson County, as compiled by the Nashville Ledger.
WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped back up ahead of next week's Federal Reserve meeting where it's expected to announce another big increase to its main borrowing rate.
UT SPORTS
Controversy, comebacks, middle fingers and a lot of runs. Tennessee baseball’s opening weekend of the NCAA tournament featured a little bit of everything.
Super regionals are the next stop on the NCAA baseball tournament's Road to Omaha.
NEWSMAKERS
ServisFirst Bank Nashville, a subsidiary of ServisFirst Bancshares, has hired Stephanie Sallman as vice president, commercial credit officer, and Ryan Muskar as vice president, commercial portfolio manager. Dan Harrington has been promoted to executive vice president and managing director of corporate real estate.
BRIEFS
Napaway Coach, a new type of premium sleeper coach service designed to offer comfortable, convenient, overnight journeys between cities across the country, has revealed it will officially begin operations June 17 with service between Washington, D.C., and Nashville.
BEHIND THE WHEEL
Seemingly overnight, the all-electric small SUV segment has exploded with options from both startup companies and established automotive players. Two of the most promising new models come from sister brands Hyundai and Kia.
MILLENNIAL MONEY
As prices on goods and services continue to rise because of inflation, scaling back expenses isn’t the only way to free up cash to cover essentials.
BUSINESS BOOK REVIEW
The guy on the opposing side is many times your weight and more than twice your girth.
CAREER CORNER
Remote work is a perk that has exploded since the pandemic began. Before 2020, a remote job was a unique find. Today, it has become the norm for many jobs.
TENNESSEE TITANS
NASHVILLE (AP) — Tennessee running back Derrick Henry has let his hair down this offseason, prompting lots of questions about the new 'do.
STATE GOVERNMENT
NASHVILLE (AP) — Recognition of Juneteenth, the effective end of slavery in the U.S., gained traction after the police killing of George Floyd in 2020. But after an initial burst of action, the movement to have it recognized as an official holiday in the states has largely stalled.
EAST TENNESSEE
GATLINBURG (AP) — Great Smoky Mountains National Park officials say a bear has been euthanized after ripping into a family's tent and injuring a mother and her 3-year-old daughter.
HEALTH CARE
NASHVILLE (AP) — Dolly Parton is donating $1 million to pediatric infectious disease research at Vanderbilt University Medical Center in Nashville, the organization announced on Wednesday.
The number and rate of U.S. abortions increased from 2017 to 2020 after a long decline, according to figures released Wednesday.
RELIGION
ANAHEIM, California (AP) — The Southern Baptist Convention voted overwhelmingly Tuesday to create a way to track pastors and other church workers credibly accused of sex abuse and launch a new task force to oversee further reforms in the nation's largest Protestant denomination.
ANAHEIM, California (AP) — Bart Barber is a staunch Southern Baptist conservative who would welcome bans on abortion, opposes critical race theory and believes only men should serve as pastors.
COURTS
WASHINGTON (AP) — A federal judge on Wednesday convicted a Confederate flag-toting man and his son of charges that they stormed the U.S. Capitol together to obstruct Congress from certifying President Joe Biden's 2020 electoral victory.
WASHINGTON (AP) — The Supreme Court said Wednesday it was wrong to wade into a dispute involving a Trump-era immigration rule that the Biden administration has abandoned, so the justices dismissed the case.
WASHINGTON (AP) — The Supreme Court ruled unanimously Wednesday for an American woman who is involved in a bitter international custody dispute with her Italian husband over their young son.
WASHINGTON (AP) — The Supreme Court said Wednesday that the federal government improperly lowered drug reimbursement payments to hospitals and clinics that serve low-income communities, a reduction that cost the facilities billions of dollars.
NASHVILLE (AP) — A federal judge on Tuesday declined to order a meeting of the Tennessee Judicial Conference to be opened to the public, ruling after an attorney for the state testified the group would only engage in continuing legal education and make no policy decisions.
BRUSSELS (AP) — A European Union court on Wednesday invalidated a decision by the bloc's executive arm to fine technology company Qualcomm more than $1 billion in an antitrust case.
TRANSPORTATION
WASHINGTON (AP) — The Biden administration proposed Wednesday that future planes produce lower levels of greenhouse gas emissions before they can be certified by federal regulators.
ENVIRONMENT
WASHINGTON (AP) — The Environmental Protection Agency is warning that two nonstick and stain-resistant compounds found in drinking water are more dangerous than previously thought — and pose health risks even at levels so low they cannot currently be detected.
COVID-19
NEW YORK (AP) — A government advisory panel Tuesday endorsed a second brand of COVID-19 vaccine for school-age children and teens.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Wall Street rallied Wednesday following the Federal Reserve's sharpest hike to interest rates since 1994, and its later assurance that such mega-hikes would not be common.
WASHINGTON (AP) — The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession.
NEW YORK (AP) — Americans trimmed their spending unexpectedly in May compared with a month before, underscoring how surging inflation on daily necessities like gas is causing them to be more cautious about buying discretionary items.
NEW YORK (AP) — Laura Romani, a Chicago-area resident with a background in education and library science, had been thinking of a new career.
President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the pump.
A European Central Bank poised to raise interest rates for the first time in 11 years vowed Wednesday to create an unspecified market backstop that could buffer member countries against financial turmoil like that seen during a debt crisis more than a decade ago.
BRUSSELS (AP) — The European Union is launching legal action against the U.K. in response to Britain's unilateral moves to rip up parts of the post-Brexit deal between both sides, officials said Wednesday,
BEIJING (AP) — China's factory output rebounded in May, adding to a recovery from the latest COVID-induced economic slump after controls that shut down Shanghai and other industrial centers eased.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — The House committee investigating the Capitol riot plans to focus its hearing Thursday on the pressure that Donald Trump put on his vice president, Mike Pence, in a last-ditch and potentially illegal plan to stop Joe Biden's election victory.
WASHINGTON (AP) — President Joe Biden is issuing executive orders Wednesday to stymie what the White House says are discriminatory legislative attacks on the LGBTQ community by Republican-controlled states.
WASHINGTON (AP) — The House committee investigating the Jan. 6, 2021 insurrection released video on Wednesday of a Capitol tour led by a Republican lawmaker the day before the attack, showing participants taking photos of stairwells and tunnels in the complex.
WASHINGTON (AP) — Senate Minority Leader Mitch McConnell announced his support Tuesday for his chamber's emerging bipartisan gun agreement, boosting momentum for modest but notable election-year action by Congress on an issue that's deadlocked lawmakers for three decades.
WASHINGTON (AP) — House investigators are trying to make a methodical case that President Donald Trump's lies about the 2020 election led directly to his supporters' insurrection at the U.S. Capitol on Jan. 6, 2021.
WASHINGTON (AP) — Donald Trump notched a significant victory in South Carolina, where his preferred candidate easily ousted five-term Rep. Tom Rice, the first Republican to be booted from office after voting to impeach the former president last year. But another high-profile GOP target of Trump in the state, Rep. Nancy Mace, managed to hold back a challenger.
UKRAINE
WASHINGTON (AP) — President Joe Biden said Wednesday the U.S. will send an additional $1 billion in military aid to Ukraine, the largest single tranche of weapons and equipment since the war began, in a effort to help stall Russia's slow but steady march to conquer the eastern Donbas region.
WASHINGTON (AP) — The $1 billion package of military assistance the U.S. announced for Ukraine on Wednesday is aimed at bolstering the country's ability to push back Russian advances in the eastern Donbas region. Several European nations added their own contributions, as U.S. Defense Secretary Lloyd Austin wrapped up a meeting of more then 45 nations in Brussels to discuss Ukraine's security needs.
BERLIN (AP) — Russia's Gazprom announced a reduction in natural gas flows through a key European pipeline for the second day in a row Wednesday, creating further energy turmoil for Europe as it ties to reduce its extensive use of Russian oil and natural gas amid the war in Ukraine.
BRUSSELS (AP) — NATO defense ministers attending a two-day meeting starting Wednesday will discuss beefing up weapons supplies to Ukraine, and Sweden and Finland's applications to join the trans-Atlantic military alliance, Secretary-General Jens Stoltenberg said.
KYIV, Ukraine (AP) — The Russian military said Wednesday that it used long-range missiles to destroy a depot in the western Lviv region of Ukraine where ammunition for NATO-supplied weapons was being stored.
TUESDAY, JUNE 14
PREDATORS
NASHVILLE (AP) — The Nashville Predators have signed defenseman Jeremy Lauzon to a four-year contract worth $8 million.
COURTS
NASHVILLE (AP) — The editor of a national news website on Monday sued Tennessee's state court administrator over her February decision to close Judicial Conference meetings to the public.
RELIGION
ANAHEIM, California (AP) — The newly elected leaders of a top Southern Baptist Convention committee had all supported a more transparent investigation into allegations the denomination mishandled sex abuse reports and mistreated survivors. They defeated candidates who had opposed that move.
TOURISM
NASHVILLE (AP) — Tennessee tourism officials are launching a podcast about prominent 1950s and 1960s civil rights events in the state.
REGION
It's a Jack and Coke with no bartender required. Coca-Cola Co. said Monday it's partnering with Brown-Forman Corp., the maker of Jack Daniel's Tennessee Whiskey, to sell premixed cocktails. The canned Jack and Coke will be sold globally after a launch in Mexico late this year. A zero-sugar version will also be available.
AUTO INDUSTRY
DETROIT (AP) — The government will soon release data on collisions involving vehicles with autonomous or partially automated driving systems that will likely single out Tesla for a disproportionately high number of such crashes.
REAL ESTATE
SEATTLE (AP) — Redfin, the Seattle-based real estate brokerage, says it will lay off 8% of its employees as the housing market cools off.
TRANSPORTATION
SAN JOSE, Calif. (AP) — Airline fares have jumped 47% since January and remain higher than they were before the pandemic, which could be leading to a slowdown in the number of seats airlines can sell.
ENVIRONMENT
BERLIN (AP) — U.N. Secretary-General António Guterres warned Tuesday of a "dangerous disconnect" between what scientists and citizens are demanding to curb climate change, and what governments are actually doing about it.
NATIONAL/INTERNATIONAL BUSINESS
WASHINGTON (AP) — The Federal Reserve is expected Wednesday to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation.
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.
DEERFIELD, Ill. (AP) — Construction equipment manufacturer Caterpillar said Tuesday it is packing up its headquarters from its longtime home state of Illinois and moving to Texas.
WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much costlier. And the economy actually shrank in the first three months of this year.
WASHINGTON (AP) — U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing.
The U.S. government failed to take basic steps at the beginning of the coronavirus pandemic to prevent fraud in a federal aid program intended to help small businesses, depleting the funds and making Americans more vulnerable to identity theft, the head of a congressional panel examining the payouts said Tuesday.
Coinbase Global says it plans to cut about 1,100 jobs, or approximately 18% of its global workforce, as part of a restructuring in order to help manage its operating expenses in response to current market conditions.
NEW YORK (AP) — One of the more reliable warning signals for an economic recession is shining alarmingly brighter.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — The House gave final approval Tuesday to legislation that would allow around-the-clock security protection for families of Supreme Court justices, one week after a man carrying a gun, knife and zip ties was arrested near Justice Brett Kavanaugh's house after threatening to kill the justice.
PHILADELPHIA (AP) — President Joe Biden told the largest federation of labor unions on Tuesday that he's working to rebuild the U.S. economy around workers, an attempt to draw a contrast with Republicans who have increasingly attracted blue-collar votes.
WASHINGTON (AP) — The House committee investigating the Jan. 6, 2021 riot at the U.S. Capitol has postponed a hearing that was to feature dramatic testimony from former Justice Department officials who were pressured by then-President Donald Trump to pursue his false election fraud theories.
WASHINGTON (AP) — Police have determined there was nothing suspicious about a tour of two Capitol office buildings that a House Republican gave to about 15 people the day before Jan. 6, 2021, when rioting supporters of then-President Donald Trump attacked the Capitol.
WASHINGTON (AP) — President Joe Biden confirmed on Tuesday that he will visit Saudi Arabia next month for talks with its leaders, a dramatic change in his stance on the kingdom that he pledged to make a "pariah" as a Democratic candidate for the White House.
WASHINGTON (AP) — South Korea's top diplomat said Monday that North Korea has completed preparations for a new nuclear test and that only a political decision by the country's top leadership can prevent it from going forward.
LONDON (AP) — Scottish First Minister Nicola Sturgeon launched her campaign for a second independence referendum on Tuesday, arguing that Scotland would be economically better off outside the United Kingdom.
UKRAINE
ROME (AP) — Pope Francis has blasted the "ferocity and cruelty" of Russian troops in Ukraine while praising the "heroism" and "courage" of Ukrainians to defend their land.
LVIV, Ukraine (AP) — Sievierodonetsk, the main focus of the fighting in eastern Ukraine in recent weeks, isn't yet blocked off by Russian troops even though they control about 80% of the city and have destroyed all three bridges leading out of it, an official said Tuesday.
BUCHA, Ukraine (AP) — The lush green beauty of a pine forest with singing birds contrasted with the violent deaths of newly discovered victims of Russia's war in Ukraine, as workers exhumed bodies from another mass grave near the town of Bucha on Kyiv's outskirts.
MONDAY, JUNE 13
UT SPORTS
No. 1 national seed Tennessee got knocked out of the NCAA baseball tournament on the same day Mississippi, the last team selected, punched its ticket to the College World Series.
MUSIC INDUSTRY
Country music star Toby Keith announced Sunday that he has been undergoing treatment for stomach cancer since last fall.
STATE GOVERNMENT
NASHVILLE (AP) — After Tennessee Gov. Bill Lee halted a lethal injection in April because he learned the drugs hadn't been tested as required, he ordered an independent investigation and paused all executions through the end of the year.
NASHVILLE AREA
NASHVILLE (AP) — Nashville International Airport officials have announced a plan for $1.4 billion in improvements by late 2028.
MIDSTATE
MURFREESBORO (AP) — Middle Tennessee State University will be recruiting for an oral history project during Murfreesboro's Juneteenth celebration on Saturday.
COURTS
WASHINGTON (AP) — A police officer lauded for his bravery during the U.S. Capitol riot testified Monday that a man carrying a Confederate battle flag jabbed at him with the flagpole before joining the mob that chased him up a staircase.
WASHINGTON (AP) — The Supreme Court has ruled against immigrants who are seeking their release from long periods of detention while they fight deportation orders.
WASHINGTON (AP) — The Supreme Court ruled Monday that Native Americans prosecuted in certain tribal courts can also be prosecuted based on the same incident in federal court, which can result in longer sentences.
COVID-19
WASHINGTON (AP) — Federal health officials said Sunday that kid-sized doses of Pfizer's COVID-19 vaccines appear to be safe and effective for kids under 5, a key step toward a long-awaited decision to begin vaccinating the youngest American children.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Wall Street tumbled into what's called a bear market Monday after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below its record set early this year.
WASHINGTON (AP) — For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession.
NEW YORK (AP) — The price of bitcoin and other cryptocurrencies crumbled Monday, after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing "extreme market conditions."
WASHINGTON (AP) — U.S. regulators have historically inspected baby formula plants at least once a year, but they did not inspect any of the three biggest manufacturers in 2020, according to federal records reviewed by The Associated Press.
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline spiked 39 cents over the past three weeks to $5.10 per gallon.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — The outline of a bipartisan Senate agreement to rein in gun violence has no game-changing steps banning the deadliest firearms. It does propose measured provisions making it harder for some young gun buyers, or people considered threatening, to have weapons.
WASHINGTON (AP) — Donald Trump's closest campaign advisers, top government officials and even his family were dismantling his false claims of 2020 election fraud ahead of Jan. 6, but the defeated president was becoming "detached from reality" and clinging to outlandish theories to stay in power, the committee investigating the Capitol attack was told Monday.
WASHINGTON (AP) — The House panel investigating the Jan. 6, 2021 insurrection systemically made the case in its second hearing Monday that several of Trump's advisers warned him against making false claims of widespread voter fraud in the 2020 election that he lost. But the president would not listen.
WASHINGTON (AP) — Members of the House committee investigating the Capitol riot said Sunday they have uncovered enough evidence for the Justice Department to consider an unprecedented criminal indictment against former President Donald Trump for seeking to overturn the results of the 2020 election.
LONDON (AP) — Britain's government on Monday proposed new legislation that would unilaterally change post-Brexit trade rules for Northern Ireland, despite opposition from some U.K. lawmakers and EU officials who say the move violates international law.
BERLIN (AP) — The German government is setting in motion plans to legalize the sale of cannabis for recreational purposes, aiming to have legislation ready later this year.
UKRAINE
Day after day, Russia is pounding the Donbas region of Ukraine with relentless artillery and air raids, making slow but steady progress to seize the industrial heartland of its neighbor.
NEW DELHI (AP) — India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow despite strong pressure from the U.S. not to increase their purchases, as the European Union and other allies cut off energy imports from Russia in line with sanctions over its war on Ukraine.
FRIDAY, JUNE 10
NASHVILLE AREA
NASHVILLE (AP) — Vanderbilt University plans to use a $5 million donation to set up a research center that uses data to analyze news coverage and social media.
COURTS
NASHVILLE (AP) — Tennessee's highest court ruled Friday that the state's Republican Party did not violate open meeting laws when it ousted a congressional hopeful from the GOP primary ballot.
NASHVILLE (AP) — Former Alabama quarterback Jay Barker, who is married to country music singer Sara Evans, has entered what Tennessee prosecutors called a "best interest" plea to a misdemeanor charge of reckless endangerment after a January arrest on a felony domestic violence charge.
COVID-19
WASHINGTON (AP) — The Biden administration is lifting its requirement that international air travelers to the U.S. take a COVID-19 test within a day before boarding their flights, easing one of the last remaining government mandates meant to contain the spread of the coronavirus.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Wall Street's shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday.
NEW YORK (AP) — Small businesses that depend on outdoor crowds and free-spending tourists aren't sure what to expect this summer.
WASHINGTON (AP) — The cost of gas, food and most other goods and services jumped in May, pushing inflation to a four-decade high and offering Americans no respite.
Russia's central bank cut interest rates back to their prewar levels Friday, saying inflation and economic activity were developing better than expected despite sweeping Western sanctions imposed in response to the war in Ukraine.
LOS ANGELES (AP) — The Port of Los Angeles is a testament to President Joe Biden's unrewarded efforts to address what he calls his top economic priority: inflation.
NEW YORK (AP) — An explosion at a liquefied natural gas terminal in Texas has left nearby residents rattled and is taking a substantial amount of the fuel off the market at a time when global demand is soaring.
IRWINDALE, Calif. (AP) — Bottles of the popular Sriracha hot sauce could be hard to find on store shelves this summer.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Donald Trump was told the same thing over and over, by his campaign team, the data crunchers, and a steady stream of lawyers, investigators and inner-circle allies: There was no voting fraud that could have tipped the 2020 presidential election.
WASHINGTON (AP) — President Joe Biden's administration has scrapped former President Donald Trump's red, white and blue design for the new generation of presidential aircraft after an Air Force review suggested it would raise costs and delay the delivery of the new jets.
NEW YORK (AP) — Promised: New footage. New testimony. New and damning revelations designed to eliminate all doubt. Hired to package it all for the airwaves: A former network news president. The time slot: 8 p.m. on the East Coast, once a plum spot for the most significant television programming in the land.
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.
WASHINGTON (AP) — An injured officer who slipped in blood and spoke of "carnage." Video of a huge, violent mob pushing through the U.S. Capitol. Former President Donald Trump's allies and family members acknowledging his lies.
WASHINGTON (AP) — Capitol Police Officer Caroline Edwards described to lawmakers the "war scene" that she and other officers faced when rioters began viciously attacking them on Jan. 6, 2021.
WASHINGTON (AP) — The social media posts are of a distinct type. They hint darkly that the CIA or the FBI are behind mass shootings. They traffic in racist, sexist and homophobic tropes. They revel in the prospect of a "white boy summer."
UKRAINE
KYIV, Ukraine (AP) — As Russia's invasion of Ukraine grinds into its fourth month, officials in Kyiv have expressed fears that the specter of "war fatigue" could erode the West's resolve to help the country push back Moscow's aggression.
ZAPORIZHZHIA, Ukraine (AP) — As Russian artillery pummeled the Ukrainian port city of Mariupol in April, one family decided to flee, walking for miles with three young children in tow to a nearby village. But it was thanks to a volunteer driver who crossed the front line that they managed to eventually make it out of Russian-held territory.
THURSDAY, JUNE 9
WEST TENNESSEE
MEMPHIS (AP) — Commissioners in Tennessee's most populous county have approved $5.8 million for a new voting system for the November general election that would replace aging machines and servers currently available.
COURTS
MEMPHIS (AP) — A Tennessee death row inmate convicted of a 1994 slaying can pursue arguments that he is intellectually disabled and should not be executed under state law, a federal judge has ruled.
WASHINGTON (AP) — The Justice Department on Thursday pushed back on an assertion from former Trump White House official Peter Navarro, who had claimed he was denied access to an attorney when he was arrested on contempt charges last week.
AUTO INDUSTRY
DETROIT (AP) — A U.S. investigation into Teslas operating on partially automated driving systems that have crashed into parked emergency vehicles has moved a step closer to a recall.
BERLIN (AP) — Germany's transport minister voiced strong opposition Thursday to plans to ban the sale of new cars with combustion engines across the European Union in 2035, arguing this would discriminate against vehicles powered with synthetic fuels.
ENVIRONMENT
SACRAMENTO, Calif. (AP) — The nation's largest utility on Wednesday outlined a multidecade plan that aims to more rapidly reduce to zero its net greenhouse gas emissions while still using natural gas to produce power.
MEDIA
WASHINGTON (AP) — The head of the Federal Trade Commission says the agency is pushing a robust agenda of actions and policies to help safeguard children's privacy online.
COVID-19
WASHINGTON (AP) — A COVID-19 vaccine that could soon win federal authorization may offer a boost for the U.S. military: an opportunity to get shots into some of the thousands of service members who have refused other coronavirus vaccines for religious reasons.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks are closing sharply lower on Wall Street Thursday following the latest reminder that central banks now care more about fighting inflation than propping up markets.
DALLAS (AP) — The average price that Americans pay for a gallon of gasoline is closing in on $5, another drain on the wallets of consumers who are paying more for many other essentials too.
WASHINGTON (AP) — President Joe Biden launched a renewed push Thursday to reduce the costs of shipping goods across oceans, a major challenge for retailers that the White House said has pushed up prices as the world emerges from the coronavirus pandemic.
REHOBOTH BEACH, Del. (AP) — While motorcading to his beach house last weekend, President Joe Biden could have looked out the window of his limousine and seen firsthand why he has struggled to contain inflation.
WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment remains at a five-decade low.
It's been a rough couple of years, especially for teenagers. Between the shutdowns and the shift to contactless everything — including education — adolescents got a pretty raw deal. They could use a break this summer. Actually, they could use a job.
AMSTERDAM (AP) — The European Central Bank said Thursday that it would carry out its first interest rate increase in 11 years next month, followed by another hike in September, as it catches up with other central banks worldwide in pivoting from supporting the economy during the pandemic to squelching soaring inflation.
BEIJING (AP) — China's trade growth rebounded in May after anti-virus restrictions that shut down Shanghai and other industrial centers began to ease.
LONDON (AP) — The average cost of filling up a typical family car has exceeded 100 pounds ($125) for the first time in Britain, as Russia's war in Ukraine drives gasoline prices higher.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — The House approved a "red flag" bill Thursday that would allow families, police and others to ask federal courts to order the removal of firearms from people at extreme risk of harming themselves or others.
WASHINGTON (AP) — President Joe Biden plunged into this week's Summit of the Americas aiming to push for regional progress in addressing economic development, climate change and migration despite the absence of some notable counterparts from Latin America.
WASHINGTON (AP) — The House passed a wide-ranging gun control bill Wednesday in response to recent mass shootings in Buffalo, New York, and Uvalde, Texas, that would raise the age limit for purchasing a semi-automatic rifle and prohibit the sale of ammunition magazines with a capacity of more than 15 rounds.
WASHINGTON (AP) — With never-seen video, new audio and a mass of evidence, the House committee investigating the Jan. 6 attack on the U.S. Capitol will attempt to show the "harrowing story" of the deadly violence that erupted that day and also a chilling backstory as the defeated president, Donald Trump, tried to overturn Joe Biden's election victory.
WASHINGTON (AP) — Members of the House committee investigating the events of Jan. 6 will hold their first prime-time hearing Thursday to share what they have uncovered about then-President Donald Trump's efforts to overturn the results of the 2020 election, which culminated in the deadly storming of the U.S. Capitol. Part of their mission: determining Trump's actions that day.
WASHINGTON (AP) — The House committee investigating the Jan. 6 insurrection at the U.S. Capitol will hold the first in a series of hearings laying out its initial findings Thursday night, a highly anticipated look at evidence the panel has been gathering for the last year.
WASHINGTON (AP) — President Joe Biden plunged into this week's Summit of the Americas aiming to push for regional progress in addressing economic development, climate change and migration despite the absence of some notable counterparts from Latin America.
UKRAINE
BAKHMUT, Ukraine (AP) — The human cost of the war in Ukraine mounted as workers pulled up to 100 bodies from each smashed building in the devastated city of Mariupol — a gruesome effort that one official described as an "endless caravan of death."
BAKHMUT, Ukraine (AP) — Workers pulled scores of bodies from smashed buildings in an "endless caravan of death" inside the devastated city of Mariupol, authorities said Wednesday, while fears of a global food crisis escalated over Ukraine's inability to export millions of tons of grain through its blockaded ports.
UNITED NATIONS (AP) — The ripple effects of the war in Ukraine are increasing the suffering of millions of people by escalating food and energy prices and worsening a financial crisis, coming on top of the impact of the COVID-19 pandemic and climate change, a U.N. report said Wednesday.
WASHINGTON (AP) — Record-low mortgages are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally see a noticeable return.