Inflation worsened last month to 3.7% as midterm elections near
WASHINGTON (AP) — U.S. inflation accelerated last month as gasoline and many other goods and services became more expensive, evidence that rising prices remain an economic challenge just a few weeks before midterm elections that have focused heavily on affordability. The consumer price ...
US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws
WASHINGTON (AP) — The U.S. Treasury Department said Tuesday that it's imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws. The fines on America's second-biggest bank amount to the third-largest in the department's ...
Six senators call for Trump administration to ‘immediately reverse course’ on Russian diesel plan
WASHINGTON (AP) — A bipartisan group of six senators on Sunday called for President Donald Trump's administration to "immediately reverse course" on a plan to purchase diesel from Russia as part of an effort to lower high fuel prices. Trump shocked lawmakers when he announced on social ...