By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials agreed at their last meeting that if the economy continued to improve, they could start reducing their monthly bond purchases as soon as next month and bring them to an end by the middle of 2022. The discussion was revealed in the minutes
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By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks ended another day of choppy trading modestly higher Wednesday, enough to break a three-day losing streak for the S&P 500. The benchmark index rose 0.3%. Strength in technology stocks helped push the Nasdaq up 0.7%, while the Dow Jones Industrial Average ended little changed.
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By Megan Marples, CNN Say hello to a litter of cute, newborn cheetahs. Five cubs arrived Tuesday morning at the Smithsonian Conservation Biology Institute in Front Royal, Virginia. The world is getting a chance to see them via the Cheetah Cub Cam, which features live footage of the den. Sometimes viewers can hear the newborns
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By SOPHIA EPPOLITO Associated Press/Report for America SALT LAKE CITY (AP) — Apple CEO Tim Cook and NBA All-Star Dwayne Wade have joined Utah leaders to announce the completion of a local advocacy group’s campaign to build new homes that provide services for LGBTQ youth. A non-profit providing mental health services for LGBTQ youth has
Continue Reading By SOPHIA EPPOLITO Associated Press/Report for America SALT LAKE CITY (AP) — Apple CEO Tim Cook and NBA All-Star Dwayne Wade have joined Utah leaders to announce the completion of a local advocacy group’s campaign to build new homes that provide services for LGBTQ youth. A non-profit providing mental health services for LGBTQ youth has
Continue ReadingBy Matt Egan Americans should expect to shell out more money to heat their homes this year — especially if it’s a very cold winter. Compared with last winter, households will spend 54% more for propane, 43% more for home heating oil, 30% more for natural gas and 6% more for electric heating, the US
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By Kylie Atwood, CNN Most evacuation flights scheduled to depart Afghanistan this week have been canceled, according to a State Department email sent to US citizens in the country on Monday that was reviewed by CNN. The email did not say why the flights had been canceled and told the recipients to “be ready to
Continue Reading By STAN CHOE AP Business Writer NEW YORK (AP) — With prices surging worldwide for heating oil, natural gas and other fuels, the U.S. government said Wednesday it expects households to see their heating bills jump as much as 54% compared to last winter. Nearly half the homes in the U.S. use natural gas for
Continue Reading By STAN CHOE AP Business Writer NEW YORK (AP) — With prices surging worldwide for heating oil, natural gas and other fuels, the U.S. government said Wednesday it expects households to see their heating bills jump as much as 54% compared to last winter. Nearly half the homes in the U.S. use natural gas for
Continue Reading AUSTIN, Texas (AP) — The Justice Department has launched an investigation into allegations of widespread mistreatment at Texas’ embattled youth lockups, where at least 11 staffers have been arrested on sexual abuse charges in recent years. The move by the Biden administration on Wednesday is the latest sign of trouble for the Texas Juvenile Justice
Continue Reading By RICARDO ALONSO-ZALDIVAR and CHRISTOPHER RUGABER Associated Press WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. The benefits increase amounts
Continue Reading By RICARDO ALONSO-ZALDIVAR and CHRISTOPHER RUGABER Associated Press WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. The benefits increase amounts
Continue ReadingBy Ariane de Vogue, CNN Supreme Court Reporter Eight years after the 2013 Boston Marathon bombing, which led to the deaths of three spectators and a police officer, the Supreme Court seemed ready Wednesday to reinstate the death sentence of Dzhokhar Tsarnaev, one of the two brothers involved in the attack. The justices appeared to
Continue ReadingWBZ By Ariane de Vogue, CNN Supreme Court Reporter Eight years after the 2013 Boston Marathon bombing, which led to the deaths of three spectators and a police officer, the Supreme Court seemed ready Wednesday to reinstate the death sentence of Dzhokhar Tsarnaev, one of the two brothers involved in the attack. The justices appeared
Continue ReadingBy Jeanne Sahadi, CNN Business The announcement that Social Security retiree benefits will rise by 5.9% next year — the largest cost of living increase since 1982 — should be welcome news for many seniors. Besides the strain of the pandemic, those living on low to moderate incomes have been hit especially hard by the
Continue Reading ATLANTA (AP) — Cisco says it will expand its presence in Georgia by opening a new 700-employee office in midtown Atlanta. The California-based tech giant is investing $41 million to open in a massive complex developed on land owned by Georgia Tech. Cisco says it wants to focus on hiring more engineers and programmers from
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NASHVILLE, Tenn. (AP) — The Nashville Predators have signed defenseman Mattias Ekholm to a four-year, $25 million extension keeping him under contract through the 2025-26 season. The Predators announced the contract Wednesday at a news conference. General manager David Poile called Ekholm a foundational piece for the Predators. Poile also says they couldn’t be happier
Continue ReadingBy Anneken Tappe, CNN Business The US government is stepping up its efforts to relieve the supply chain nightmare that has led to shortages of some goods, higher prices for consumes and now threatens to slow the economic recovery. The White House will work with companies and ports on a “90-day sprint” to alleviate bottlenecks,
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