Tuesday, October 3, 2023

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McCarthy’s last-ditch plan to keep the government open collapses, making a...

WASHINGTON (AP) – House Speaker Kevin McCarthy's last-ditch plan to keep the federal government temporarily open collapsed in dramatic fashion Friday as a robust...

Early voting, mail ballots on rise in R.I.

Five years ago, 95% of Rhode Islanders who voted in statewide primaries cast their ballots in-person on a single, designated primary day. These days, not...

Drama over snubs and no-shows hangs over CD1 debates 

Drama over debates in the 1st Congressional District race extends well beyond the confines of the stage.  Who gets invited – or snubbed – and...

Impact of U.S. defaulting on its debt will be felt globally

WASHINGTON (AP) – If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America's economy would hardly sink alone.  The repercussions...

U.S. adds a solid 253K jobs despite Fed’s rate hikes 

WASHINGTON (AP) – America's employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising...

Biden budget aims to cut deficits nearly $3T over 10 years

WASHINGTON (AP) – President Joe Biden's upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, according to an...

Lots of sound and fury on U.S. debt, but not a...

WASHINGTON (AP) – For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a...

Biden sees economy avoiding recession, but risks remain 

WASHINGTON (AP) – President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very...

Fed unleashes another big rate hike but hints at a pullback

WASHINGTON (AP) – The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time to...

A key U.S. inflation gauge stayed at a high 6.2% in...

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that...
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