This category contains political and general news, latest updates and analysis on breaking political stories, politicians and other public figures, as well as popular policy-related blogs
Capital One is continuing to experience a disruption to its service on Friday, with some customers frustrated that they are unable to see their deposits. As of 8:04 a.m. Eastern, there were nearly 3,400 reports of outages, according to Downdetector. That’s up from around 2,100 reports early Thursday. Most of the complaints appeared to be […]
Capital One dealing with service disruption, mostly related to deposits Read More »
As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements — and the possibility that those associations could influence his decision-making in the White House. Trump’s team dismisses such concerns. “President Trump removed himself from his multibillion-dollar real estate empire to run
How Trump's political and business interests will intersect in the White House Read More »
HONG KONG — China’s economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and recent stimulus measures. The economy picked up speed in the last quarter, the government reported Friday, growing 5.4% in October-December. Exports have
WASHINGTON — Few Democrats found ways to negotiate with Republicans quite like Shalanda Young — whose work as White House budget director stopped several potential economic crises from erupting. She brokered a 2023 deal to stop the government from defaulting on its debt. She worked to keep the government from shutting down, preserve disaster relief
OMAHA, Neb. — The problem of kids working in dangerous slaughterhouses continues to be a concern as the Labor Department announced its third agreement this week with a company in the industry agreeing to pay a penalty and reform its practices to help ensure it won’t hire underage workers again. On Thursday, the Department said
TAIPEI, Taiwan — China’s population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world’s second most populous nation, which is now facing both an aging population and an emerging shortage of working age people. China’s population stood at 1.408 billion at the end of
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.2% Thursday, even though more stocks rose than fell within the index. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite fell 0.9%. Stocks had shot higher the
How major US stock indexes fared Thursday, 1/16/2025 Read More »
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months. The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.6%. It has risen for five straight weeks. Borrowing costs on
Average rate on 30-year mortgage hits 7%, its fifth straight increase Read More »
A Toyota division that manufactures trucks will pay more than $1.6 billion and plead guilty to violations related to the submission of false and fraudulent engine emission testing and fuel consumption data to regulators and the illicit smuggling of engines into the United States. Hino Motors, a subsidiary of the Toyota, first acknowledged in 2022
Toyota's truck division Hino to pay $1.6 billion as part of emissions scandal Read More »
COLUMBUS, Ohio — U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio, adding a planned 4,000 jobs to the area’s burgeoning high-tech sector, state officials announced Thursday. The Cosa Mesa, California-based defense technology company plans to begin construction of what it’s calling “Arsenal 1” as soon as
US defense contractor to build 4,000-worker advanced manufacturing facility in Ohio Read More »
