Tag: Washington news

Wealthier Americans are driving retail spending and powering US economy

WASHINGTON -- It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores...

Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike

WASHINGTON -- An Alabama man was arrested Thursday for his alleged role in the January hack of a U.S. Securities and Exchange Commission...

US shoppers spent more at retailers last month despite higher prices

WASHINGTON -- Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values...

Supreme Court allows a rule limiting pollution from coal-fired power plants to remain in effect

WASHINGTON -- The Supreme Court on Wednesday allowed a Biden administration regulation aimed at limiting planet-warming pollution from coal-fired power plants to remain...

Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

WASHINGTON -- The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting...

Trump's economic plans would worsen inflation, experts say

WASHINGTON -- With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely."It’s a...