By MATT OTT AP Business Writer U.S. applications for jobless benefits rose last week but remain at historically low levels despite the Federal Reserve’s efforts to cool the economy and job market in its fight against inflation. Jobless claims in the U.S. for the week ending March 25 rose by 7,000 to 198,000 from the
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The Living Desert Zoo & Gardens has completed phase one of its conservation efforts to help desert tortoises, an endangered species in Coachella Valley’s backyard. For seven months the zoo has housed 69 desert tortoises helping them grow in size. This is what the conservation team at The Living Desert called the “head-starting” process. “Head
Continue Reading By NICOLE WINFIELD Associated Press VATICAN CITY (AP) — The Vatican on Thursday responded to Indigenous demands and formally repudiated the “Doctrine of Discovery,” the theories backed by 15th-century “papal bulls” that legitimized the colonial-era seizure of Native lands and form the basis of some property laws today. A Vatican statement said the papal bulls,
Continue Reading By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate. The government had previously estimated that the economy expanded at a 2.7% annual rate
Continue ReadingBy Alicia Wallace, CNN The US economy grew at a slower pace in the fourth quarter than initially estimated, as consumer spending continued to trail off. Inflation-adjusted gross domestic product — the broadest measure of economic activity — increased 2.6% for the final three months of 2022, according to the Commerce Department’s third and final
Continue ReadingCNN By Alicia Wallace, CNN The US economy grew at a slower pace in the fourth quarter than initially estimated, as consumer spending continued to trail off. Inflation-adjusted gross domestic product — the broadest measure of economic activity — increased 2.6% for the final three months of 2022, according to the Commerce Department’s third and
Continue Reading By YURI KAGEYAMA and MATT OTT AP Business Writers Wall Street is poised to open with gains Thursday as worries over turmoil in the banking industry ease and attention turns toward government economic data coming out the next couple of days. Futures for the Dow Jones Industrial Average and the S&P 500 rose 0.6% before
Continue Reading ADDISON, Texas — Sonida Senior Living: Q4 Earnings Snapshot
Continue ReadingBy Taylor Thompson Click here for updates on this story ASHEVILLE, North Carolina (WLOS) — Republican lawmakers in the North Carolina House of Representatives voted Wednesday to override Gov. Roy Cooper’s veto of the pistol permit bill. This means that a person no longer has to obtain a permit from their local sheriff’s office before
Continue Reading NEW YORK (AP) — Average Wall Street bonuses dropped sharply last year to $176,700 amid lagging profits and recession fears, New York state’s comptroller reported Thursday. The bonuses for employees in New York City’s securities industry dropped 26% from 2021, when the average was a record $240,400, according to New York state Comptroller Thomas DiNapoli’s
Continue ReadingBy Alexandra Mae Jones CTVNews.ca writer Click here for updates on this story Toronto (CTV Network) — A small study is presenting evidence suggesting a strange possible outcome of a COVID-19 infection during pregnancy: higher risk of obesity for the child. Specifically, researchers observed a pattern of U.S. women who had COVID-19 at some point
Continue ReadingBy Tom Yun CTVNews.ca writer Click here for updates on this story Toronto (CTV Network) — A new academic paper pits legendary sprinter Usain Bolt against a 900-pound dinosaur to see who could run a 100-metre distance the fastest. The physics problem, as described in a paper published in the journal The Physics Teacher last
Continue Reading By DAMIAN J. TROISE AP Business Writer Depositors have accelerated withdrawals amid recent bank failures and sharply rising interest rates, raising concerns about the industry’s health and ability to withstand a crisis, experts says. Bank deposits fell by nearly $720 billion between the second and fourth quarters of 2022, leaving banks’ cash assets at their
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BEIJING (AP) — As Taiwan’s president begins a stopover in the United States on her way to Central America, China says it is closely watching developments. A Foreign Ministry spokesperson has reiterated China’s furious objections to any meetings between President Tsai Ing-wen and U.S. officials. China has warned in particular that a meeting with House
Continue Reading By SYLVIA HUI Associated Press LONDON (AP) — Britain’s police watchdog has asked prosecutors to decide whether to charge a police officer over the fatal shooting of an unarmed Black man in London. Chris Kaba died after an officer fired a single gunshot through the windshield of the car the 24-year-old was driving in south
Continue Reading BERKELEY HEIGHTS, N.J. — CorMedix: Q4 Earnings Snapshot
Continue Reading FORT CAMPBELL, Ky. (AP) — Two Army helicopters crashed in southwestern Kentucky during a routine training mission, causing several casualties, military officials said. The two HH-60 Black Hawk helicopters, part of the 101st Airborne Division, crashed around 10 p.m. Wednesday in Trigg County, Kentucky, according to a statement from Fort Campbell. The 101st Airborne confirmed
Continue Reading By EVELYNE MUSAMBI Associated Press NAIROBI, Kenya (AP) — Kenya’s opposition leader Raila Odinga has led thousands of protesters in a third round of anti-government demonstrations as the interior ministry in charge of police has warned that no more violent protests will be tolerated. The opposition is blaming President William Ruto for the rising cost
Continue Reading By MARI YAMAGUCHI Associated Press Japanese LGBTQ activists and supporters have held an inaugural Pride 7 Summit in Tokyo, where they called on Group of Seven governments to promote and strengthen support and legal protections for LGBTQ people and urged Japan’s government to enact an anti-discrimination law before it hosts this year’s G-7 summit in
Continue Reading Authorities say a train hauling ethanol and corn syrup has derailed and caught fire in Minnesota and nearby residents have been ordered to evacuate from their homes. Kandiyohi County Sheriff Eric Tollefson says in a statement that the derailment of the BNSF train was reported about 1 a.m. Thursday in the town of Raymond, about
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