Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon. Speaking to a policy forum focused on U.S.-Canada economic relations, Powell said that while inflation continues to make its […]Read More
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down 3% on Monday morning. “As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions […]Read More
PHOENIX — A Republican state legislator proclaimed on the floor of the Arizona Senate two months ago that “abortion is the ending of an innocent human life.” Another includes a declaration on his website that he will always “fight for the unborn.” And a third championed a law to allow pregnant women to use the […]Read More
Republican Senate candidate Tim Sheehy apologized and asked for leniency in 2015 after he said a gun he kept in his vehicle for bear protection fell and discharged, striking him in his right forearm in Glacier National Park, according to new National Park Service documents released through a Freedom of Information Act request. The new […]Read More
NEW YORK — He was a publicity hound and a tabloid star. He was a developer who bragged about his acquisitions and exaggerated his wealth, emblazoning his name on towers that scraped the sky. He was a Queens boy made good — with no small amount of help from his father’s money — bursting onto […]Read More
President Biden plans to unveil on Wednesday a series of new protections for the U.S. steel industry, as he moves to combat what the White House calls “unfair” Chinese competition and shore up his political fortunes in the battleground states of Pennsylvania and Ohio. In remarks scheduled for the United Steelworkers Union in Pittsburgh, the […]Read More
Atlantic City Mayor Marty Small Sr. (D) and his wife, superintendent of the city’s public schools, were accused Monday of physically and emotionally abusing their teenage daughter. Marty Small, 50, and La’Quetta Small, 47, were each charged with a second-degree count of endangering the welfare of a child, according to the Atlantic County Prosecutor’s Office. […]Read More
Bob Graham, a consensus-building moderate Democrat who as a two-term Florida governor and a three-term U.S. senator became one of the most popular politicians in the state’s history and then one of the Senate’s most ardent opponents of the Iraq War, died April 16 at the age of 87. His daughter Gwendolyn Graham confirmed the […]Read More
Newly unsealed court documents show that Sen. Bob Menendez (D-N.J.) may seek to blame his wife, Nadine Menendez, for withholding information in a case that led to federal bribery charges. In passages unsealed Tuesday, the senator’s lawyers wrote in a legal brief that they plan to try to show the “absence of any improper intent […]Read More
The United States will impose sanctions on Iran’s missile and drone program, as well as entities supporting the Iranian regime or military, national security adviser Jake Sullivan announced late Tuesday. Earlier in the day, Treasury Secretary Janet L. Yellen said additional sanctions on Iran would be forthcoming in retaliation for its attack against Israel over […]Read More
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