Apr 05 Amid legal challenges, SEC pauses its climate disclosure rule By Suman Naishadham, Associated Press The U.S. Securities and Exchange Commission on Thursday said it would pause the implementation of its new climate disclosure rule while it defended the regulation in court. Continue reading
Apr 05 Watch 4:49 News Wrap: Rare East Coast earthquake rattles U.S. In our news wrap Friday, a relatively rare East Coast earthquake rattled much of the northeastern U.S., the economy is still churning out jobs in spite of expert predictions and the commander of Iran’s Revolutionary Guard vows retribution against Israel… Continue watching
Apr 05 Watch 7:43 Maryland Gov. Wes Moore on ‘remarkably complicated’ Baltimore bridge recovery and rebuilding By Geoff Bennett, Karina Cuevas President Biden visited the site of the collapsed Francis Scott Key Bridge in Baltimore this afternoon, getting a firsthand look at the clean-up and recovery efforts to reopen one of the nation’s key shipping hubs. Biden met with the families… Continue watching
Apr 05 Federal report finds 68,000 guns were illegally trafficked through unlicensed dealers over 5 years By Lindsay Whitehurst, Alanna Durkin Richer, Associated Press The report released Thursday was the first in-depth analysis of firearm trafficking investigations in more than 20 years. Continue reading
Apr 05 U.S. employers added 303,000 jobs in March in surprising show of economic strength By Paul Wiseman, Associated Press America's employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates. Continue reading
Apr 04 EPA announces $20 billion in green bank grants for clean energy projects By Alexa St. John, Associated Press Clean energy projects like residential heat pumps, electric vehicle charging stations and community cooling centers aim to combat climate change. Continue reading
Apr 04 Treasury Secretary Janet Yellen arrives in China to talk trade, green technology tensions By Fatima Hussein, Associated Press The world’s two largest economies still appear to be hashing out the rules on how to compete against each other. Continue reading
Apr 04 Number of Americans applying for jobless benefits ticks up, but layoffs remain low By Matt Ott, Associated Press Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week. Continue reading
Apr 03 Powell says the Federal Reserve still sees rate cuts this year; election timing won’t affect decision By Christopher Rugaber, Associated Press Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February. Continue reading
Apr 02 Freight railroads must keep 2-person crews, according to new federal rule 2 years in the making By Josh Funk, Associated Press The Transportation Department's Federal Railroad Administration released the details of the rule two years in the making on Tuesday. It comes amid an intense focus on railroad safety following a fiery February 2023 derailment in Ohio. Continue reading