Boeing will deliver its last 747 model jet to cargo carrier Atlas Air Tuesday after over 50 years and 1,574 jets made. Boeing planned to… ( Read More )
Joe Biden to press Kevin McCarthy for budget specifics during debt limit talks
President Biden is expected to press House Speaker Kevin McCarthy to release the GOP’s plan to reduce the deficit during Wednesday’s meeting on the debt… ( Read More )
Tens of thousands of federal employees bilked government of pandemic cash
Tens of thousands of federal employees stole taxpayers’ money by filing bogus pandemic loan requests. Sen. Joni Ernst wants each of them fired. “I hope… ( Read More )
Hotels recover revenue, but staff shortages linger
The hotel industry this year will surpass pre-pandemic levels of demand and room revenue but struggle with lingering pandemic-era staff shortages, according to annual projections… ( Read More )
Fed, set to impose smaller hike, may hint of fewer increases
WASHINGTON (AP) — The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed… ( Read More )
What’s all the talk in Washington about ‘default’ and the debt limit really about
The U.S. can’t legally default on its debt, but a failure by Congress to raise the cap on how much the federal government can borrow… ( Read More )
How will we know if the U.S. economy is in a recession?
WASHINGTON (AP) — The second consecutive quarter of economic growth that the government reported Thursday underscored that the nation isn’t in a recession despite high… ( Read More )
U.S. infiltrates big ransomware gang: ‘We hacked the hackers’
WASHINGTON (AP) — The FBI and international partners have at least temporarily dismantled the network of a prolific ransomware gang they infiltrated last year, saving… ( Read More )
Grand jury probes faulty Goodyear recreational vehicle tires
DETROIT (AP) — A federal grand jury in Los Angeles is gathering evidence in a criminal investigation of Goodyear recreational vehicle tires that the government… ( Read More )
Biden savages economic agenda in preview of 2024 campaign message
President Biden‘s latest pledge of bipartisanship lasted roughly three weeks as he savaged House Republicans’ economic agenda Thursday in his second major speech of the… ( Read More )