Fed’s Goolsbee comforted by latest inflation data, worried about tariffs

(Reuters) – Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and gives him comfort that inflation is on path to the 2% target, adding that he still
Black History Month explained: its origins, celebrations and myths

WASHINGTON (AP) — Beginning Feb. 1, schools, museums and communities across the nation will mark the start of Black History Month –- a celebration of Black history, culture and education. The history of the month dates back
Environmental workers race to clear toxic debris left by LA fires

By Chad Terhune ALTADENA, California (Reuters) – First there were the fast-moving, devastating fires. Now, amid the ruins of homes burned to the ground in the Los Angeles area blazes this month, workers are starting the massive,
Divers returning to the Potomac River for DC plane crash recovery and investigation

ARLINGTON, Va. (AP) — Divers are expected to return to the Potomac River on Friday as part of the recovery and investigation after a midair collision killed 67 people in the United States’ deadliest aviation disaster in
About half of Americans approve of using weight-loss drugs to treat obesity, AP-NORC poll finds

More U.S. adults believe it is a good thing than a bad thing for adults to use weight-loss drugs like Ozempic, Wegovy and other brands if they are struggling with obesity or have a health condition tied
Trump’s foreign aid freeze guts grassroots groups helping migrants in Latin America

MEXICO CITY (AP) — A busy shelter for migrants in southern Mexico has been left without a doctor. A program to provide mental health support for LGBTQ+ youth fleeing Venezuela was disbanded. In Colombia, Costa Rica, Ecuador
Robert Santos resigns as US Census Bureau director midway through a 5-year term

Robert Santos, who emphasized inclusivity and outreach to overlooked communities, has resigned as director of the U.S. Census Bureau, midway through his five-year term and in the midst of planning for the 2030 census, which will determine
Traders bet Fed’s next rate cut will wait until June

(Reuters) – Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data showed inflation by the U.S. central bank’s targeted measure ticked up to 2.6% in
US inflation rises in December; consumer spending accelerates

WASHINGTON (Reuters) -U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures (PCE) price index rose 0.3% last month
Oil producer Chevron uses term ‘Gulf of America’ after Trump renaming order

By Sheila Dang HOUSTON – U.S. oil producer Chevron used the term “Gulf of America” instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S. President