More than two dozen members of Congress — all Democrats — who are active on TikTok are now facing questions about whether they’ll continue to use it. Many are now defending their presence on …
The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s yearlong effort to cool price pressures through steadily higher interest rates. …
Well, it was nice while it lasted. For nearly a year, the average used vehicle in the United States had been gradually edging toward affordable again for millions of people. The relief felt belated …
Honda is recalling more than 330,000 vehicles because heating pads behind both side-view mirrors may not be bonded properly, which could lead to the mirror glass falling out and increase the risk of a crash. Vehicles included in the recall are 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline.
NEW YORK (AP) — North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world.
WASHINGTON (AP) — The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.
LOS ANGELES (AP) — Sales of previously occupied U.S. homes surged in February to the fastest pace in six months as homebuyers seized on a modest drop in mortgage rates and a slight pullback in prices. Existing home sales jumped 14.5% last month from January to a seasonally adjusted annual rate of 4.58 million, the National Association of Realtors said Tuesday. That’s the strongest sales pace since September and it's higher than the 4.2 million economists were expecting, according to FactSet.
NEW YORK (AP) — The Ringling Bros. and Barnum & Bailey circus has been reimagined and reborn without animals as a high-octane family event with highwire tricks, soaring trapeze artists and bicycles leaping on trampolines. Feld Entertainment, which owns the “Greatest Show on Earth,” revealed to The Associated Press what audiences can expect during the show's upcoming 2023 North American tour kicking off this fall.
WASHINGTON (AP) — Treasury Secretary Janet Yellen is trying project calm after regional bank failures, saying the U.S. banking system is “sound” but additional rescue arrangements “could be warranted” if any new failures at smaller institutions pose a risk to financial stability.
DETROIT (AP) — The last gas-powered muscle car from Dodge isn't leaving the road without some squeals, thunder and crazy-fast speed. The 2023 Challenger SRT Demon 170 will deliver 1,025 horsepower from its 6.2-liter supercharged V-8, and the automaker says it will be the quickest production car made.