By CHRISTOPHER RUGABER AP Economics Writer ARLINGTON, Va. (AP) — The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday. Powell said that the tariffs, and their likely ...
By FATIMA HUSSEIN, CHRIS MEGERIAN and STEPHEN GROVES Associated Press WEST PALM BEACH, Fla. (AP) — Two days after sending the economy reeling by announcing widespread tariffs, President Donald Trump insisted his trade policies will never change as he remained ensconced in a bubble of ...
By TARA COPP and JENNIFER McDERMOTT Associated Press WASHINGTON (AP) — The Energy Department has identified thousands of federal workers it deems "nonessential" and would not be protected if there is another round of large-scale firings, according to a document obtained by The Associated ...
By STEPHEN GROVES ASSOCIATED PRESS WASHINGTON (AP) — As stock markets tumble in the aftermath of President Donald Trump's sweeping tariffs, Republicans in Congress were watching with unease and talking of clawing back their power to levy tariffs — but almost none seemed ready to turn ...
By LARRY NEUMEISTER Associated Press NEW YORK (AP) — It took only seconds for the judges on a New York appeals court to realize that the man addressing them from a video screen — a person about to present an argument in a lawsuit — not only had no law degree, but didn't exist at ...
By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — Four space tourists who orbited the north and south poles returned to Earth on Friday, splashing down in the Pacific to end their privately funded polar tour. Bitcoin investor Chun Wang chartered a SpaceX flight for himself ...
By DEVI SHASTRI AP Health Writer The U.S. now has more than double the number of measles cases it saw in all of 2024, with Texas reporting another large jump in cases and hospitalizations on Friday. Other states with active outbreaks — defined as three or more cases — include New ...
By STAN CHOE and CORA LEWIS AP Business Writers NEW YORK (AP) — The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened throughout history. Stomaching them is the price investors have had to pay ...
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — President Donald Trump's expansive new tariffs reverse a decades-long global trend of lower trade barriers and are likely, economists say, to raise prices for Americans by thousands of dollars each year while sharply slowing ...
By STEPHANY MATAT Associated Press FORT LAUDERDALE, Fla. (AP) — Three alleged MS-13 gang members have been federally charged in connection with a killing a decade ago in Florida, U.S. Attorney General Pam Bondi announced Friday, seeking to highlight the Trump administration's push to ...
PHILADELPHIA (AP) — The driver of a tractor-trailer that overturned, sparking a blaze underneath a major Philadelphia interstate that resulted in the collapse of an overpass, failed to slow down on the exit ramp, federal investigators said. The National Transportation Safety Board issued its ...
By MATTHEW LEE, AAMER MADHANI and ZEKE MILLER Associated Press WASHINGTON (AP) — President Donald Trump said Thursday that he's fired "some" White House National Security Council officials, a move that comes a day after far-right activist Laura Loomer raised concerns directly to him ...
By HEATHER HOLLINGSWORTH and JAMIE STENGLE Associated Press KANSAS CITY, Mo. (AP) — When retired school counselor Don Herneisen meets up with friends each week for breakfast at a hole-in-the-wall restaurant, the conversation often turns to the economy. With financial markets in turmoil ...
SENECA, Kansas (AP) — A Catholic priest was shot and killed Thursday by a man who approached him at his parish rectory in the town of Seneca, Kansas, church officials said. "I am heartbroken to share the tragic news of the death of Fr. Arul Carasala, who was fatally shot earlier today," ...
By DARLENE SUPERVILLE Associated Press WASHINGTON (AP) — President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, "I think it's going very well." "The markets are going to boom, the stock is going to boom, the country is ...
By CHEYANNE MUMPHREY and SEUNG MIN KIM Associated Press WASHINGTON (AP) — The Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown University, adding to a list of Ivy League colleges that have had their federal money threatened ...
By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill" of tax breaks and spending cuts at a risky moment for the U.S. and global economy. More than a month after House ...
By MICHAEL CASEY Associated Press A federal judge on Thursday denied a motion to stop the National Endowment for the Arts from barring funds to artists whose projects promote gender ideology, saying the agency no longer was doing it. Four arts groups sued the NEA last month, seeking a ...
By COLLIN BINKLEY AP Education Writer WASHINGTON (AP) — As a condition for receiving federal money, the Trump administration is ordering K-12 schools to certify that they are following federal civil rights laws and ending any discriminatory diversity, equity and inclusion practices. A ...
By JULIE CARR SMYTH Associated Press COLUMBUS, Ohio (AP) — Ohio has adopted the 1905 Wright Flyer III as its official state airplane. Described as Orville and Wilbur Wright's crowning achievement, the world's first practical fixed-wing aircraft made its seminal sustained flight in an ...