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154 articles, grouped into stories

Disaster relief funding is creeping into Trump's midterm rhetoric. Critics say it has no place therePresident Donald Trump has turned emergency relief into a campaign talking point as a major hurricane approaches the U.S. Gulf Coast. He's been approving disaster declarations for political allies and linking endorsements with funding announcements. This has raised concerns about politicizing recovery efforts. On Wednesday, Trump voiced support for…
DNC sues Trump administration, alleging taxpayer-funded ads violate propaganda lawThe Democratic National Committee has sued the Trump administration over recent TV ads promoting the president. Its lawsuit filed Wednesday claims the ads are government-sponsored propaganda that runs afoul of federal law and asks a judge to block the use of federal funds to pay for them. The ads began in September and have cost taxpayers at least $12…
US futures slip as oil prices and bond yields rise with markets awaiting latest Fed minutesU.S. futures are lower as oil prices tick higher and the bond market climbs ahead of the release of the Federal Reserve’s latest minutes. Futures for the S&P 500 dipped 0.1% on Wednesday, a day after climbing 0.6% to a record of 7,818.93, topping its all-time high set in August. Despite worries over the Iran war, high inflation and pressures from the…
Trump hasn't committed to repaying federal funds already spent on ads, a White House official saysPresident Donald Trump has pledged to use money from his MAGA Inc. super PAC for a controversial taxpayer-funded ad campaign. However, he has not committed to reimbursing the nearly $12 million already spent. Critics, including Senate Minority Leader Chuck Schumer, have slammed Trump for this decision. Schumer on Tuesday called for an investigation into…
The Latest: Trump visits Nebraska in pre-midterms blitz to reassure GOP voters about the economyPresident Donald Trump is campaigning in Nebraska alongside GOP Sen. Pete Ricketts, who faces an independent candidate backed by national Democrats. Trump’s visit is part of a 32-day rally blitz ahead of the midterm elections. Voters are frustrated with Trump’s handling of the economy, including high fuel and grocery costs. Nebraska ranchers are…
A gut punch in Ohio: Nearly 1,400 laid off at truck factory just days before Trump rallyPresident Donald Trump rallied Republicans in the Dayton, Ohio, area on Saturday. But days ago, 1,400 workers were laid off from a truck factory there. The November midterms are a test for the working-class coalition that lifted Trump into the White House and gave Republicans control of Congress. The outcome will be decided in places like Dayton. It lost…
Supreme Court weighs local governments' climate change lawsuits against oil and gas companiesThe Supreme Court is considering whether local governments can sue oil and gas companies for climate change costs. On Monday, key justices expressed skepticism about the potential flood of litigation if the case from Boulder, Colorado, proceeds. Chief Justice John Roberts questioned the implications of allowing municipalities nationwide to file similar…
Top crypto group to pour millions into bipartisan slate of House races after key legislation stallsA major cryptocurrency spending group is backing 32 House candidates from both parties ahead of the November midterms. Fairshake will spend $1 million each to support six candidates, including several in competitive races. All 32 backed a major crypto bill that stalled in the Senate this year. Fairshake is emphasizing its bipartisan approach, but its…
Asian shares are higher as easing worries over inflation reduce odds for another Fed rate hikeAsian shares have advanced at the start of a busy week for U.S. economic updates. Investors were encouraged by easing worries over inflation, which reduces the likelihood of another rate hike by the Federal Reserve. Markets were closed in Seoul and Shanghai on Monday for national holidays. U.S. stocks finished out last week near records after the latest…
Trump heads to Nebraska on Monday, where his plan to import more beef has angered ranchersPresident Donald Trump is campaigning in Nebraska on Monday alongside GOP Sen. Pete Ricketts. Trump is visiting Grand Island, a conservative area, as part of what he says is a 32-day campaign blitz. Ricketts is running for his first full six-year term. He's facing an unexpectedly competitive race with independent candidate Dan Osborn, who is backed by…
Opposition fighters in northern Ethiopia's Tigray withdraw from regional capitalLeaders of a rebellious political group in northern Ethiopia say they have withdrawn from the regional capital, allowing federal troops and allies to enter. The Tigray People’s Liberation Front, or TPLF, had seized the Mekelle airport and city last month. They announced Saturday they pulled out to spare the city from destruction. The African Union has…
Trump, hoping to salvage midterms, makes dubious pledge to give every US adult $5,000 if GOP winsPresident Donald Trump says he plans to give every American adult $5,000 if Republicans retain control of the House and Senate in the midterm elections. This promise, made at the GOP's midterm convention in Dallas, could cost over $1 trillion. Trump likens the payments to corporate dividends, citing economic success. However, the plan would further…
Governor says Tennessee's prisons chief is resigning after failed execution of Christa PikeThe head of Tennessee’s prison system is resigning after the failed execution of Christa Pike. The announcement was made by Gov. Bill Lee on Saturday. Tennessee Department of Correction Commissioner Frank Strada said in a statement that stepping aside “is in the best interests” of the state as an independent review is carried out to determine why Pike’s…
Wall Street week ahead: Fed minutes, unemployment data, consumer sentiment updateWall Street has a busy week ahead with a mix of economic updates and details about the Federal Reserve’s decision to raise interest rates at its last meeting. The updates include fresh data on the health of the services sector, unemployment and consumer sentiment. Those reports can help give investors and economists more insight into how businesses and…
Iowa lawmakers to vote on raising tax incentive cap for a $15B steel plantIowa lawmakers returned to the Statehouse Friday to consider expanding state tax incentives. Officials say the change is needed to secure a $15 billion steel plant project for the state. President Donald Trump announced the plant on Monday. He called it a major economic and national security investment. The project is planned for Iowa's southeast corner,…
Judge temporarily blocks border wall construction in Texas’ Big Bend regionA federal court in Texas has temporarily blocked the Trump administration from building a border wall in the Big Bend region. This decision is a win for landowners, businesses and environmentalists who oppose the $46 billion project. The plan includes 30-foot steel walls, vehicle barriers, roads, and surveillance technology. Judge Kathleen Cardone ruled…
Christa Pike on a ventilator and unconscious after failed Tennessee execution, attorneys sayChrista Pike's attorneys say she was placed on a ventilator in hospital and was unconscious hours after her failed execution in Tennessee. Her lawyers said in a court filing Friday that hospital staff were working to save Pike’s life and clear the pentobarbital from her system as of late Thursday. Pike was given two doses of the drug Wednesday in the…