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U.S. Economy

Inflation Reduction Act boost has U.S. economy on track

by Vera Ward
Inflation Reduction Act boost has U.S. economy on track

US Treasury Secretary Janet Yellen attends an event on the Inflation Reduction Act after visiting the site of a new paperless processing initiative in McLean, Virginia, on August 2, 2023. …

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Hawaii wildfires leave at least 96 dead, more than $5B in damage

by Vera Ward
Hawaii wildfires leave at least 96 dead, more than B in damage

The death toll, now at 96, from catastrophic wildfires in Hawaii is expected to rise significantly in the coming days as search teams make their way through the wreckage in …

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How Temu makes money from super-cheap goods like $10 smartwatches

by Walter Watson
How Temu makes money from super-cheap goods like  smartwatches

Bargain e-commerce company Temu has had a whirlwind 2023. Quietly launching its app in September 2022, it only took the company a few weeks to top app store charts, edging …

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Investors are ‘overconfident’ about the A.I. impact, strategist says

by Ron Morgan
Investors are ‘overconfident’ about the A.I. impact, strategist says

An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023.  Aly Song | Reuters Market participants are “overconfident” about their …

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House Republicans furious about Hunter Biden special counsel

by Walter Watson
House Republicans furious about Hunter Biden special counsel

U.S. Speaker of the House Kevin McCarthy (R-CA) speaks to reporters before the passage of the National Defense Authorization Act (NDAA) at the U.S. Capitol on July 14, 2023 in …

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Dozens dead in catastrophic natural disaster

by Vera Ward
Dozens dead in catastrophic natural disaster

Burnt out cars line the sea wall after the wildfire on Friday, Aug. 11, 2023, in Lahaina, Hawaii. Rick Bowmer | AP Catastrophic wildfires in Hawaii have left devastation in …

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Trump-appointee David Weiss named special counsel in Hunter Biden case

by Vera Ward
Trump-appointee David Weiss named special counsel in Hunter Biden case

U.S. Attorney David Weiss holds a press conference Thursday, May 3, 2018, at his district office in Wilmington, Del. Suchat Pederson | The News Journal via AP WASHINGTON — U.S. Attorney General …

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Nine states pass laws to crack down on theft

by Anas Siddiqui
Nine states pass laws to crack down on theft

This is the final part of a three-part series on organized retail crime. The stories examine the claims retailers make about how theft is impacting their business and the actions …

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Biden embraces July inflation report: ‘That’s Bidenomics’

by Vera Ward
Biden embraces July inflation report: ‘That’s Bidenomics’

US President Joe Biden speaks on how “Bidenomics” is helping clean energy and manufacturing, at Arcosa Wind Towers in Albuquerque, New Mexico, on August 9, 2023. Jim Watson | AFP …

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10 drugs that are likely targets for fall Medicare price negotiations

by Akin Smith
10 drugs that are likely targets for fall Medicare price negotiations

Merck & Co. Inc.’s Januvia brand medication, used to treat Type 2 diabetes. Daniel Acker | Bloomberg | Getty Images Medicare is poised to directly negotiate drug prices with the …

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