As soaring prices strain families’ wallets across the country, Fed officials moved more aggressively in an effort to combat inflation on Wednesday with a .5% interest rate hike. It’s the second increase by the central bank this year. “Inflation is much too high and we understand the hardship it is …
Read More »As Madeleine Albright is laid to rest, a former student recalls her kindness in time of crisis
Madeleine Albright, the first woman to serve as U.S. Secretary of State, died last month of cancer at the age of 84 and is being honored today in a funeral service at Washington National Cathedral, with President Biden delivering the eulogy. In this personal essay, attorney and Iraq war veteran …
Read More »American families need to earn $35.80 an hour just to make ends meet. Few earn that.
Decades of stagnant wages, rising costs and frequent economic crises in the U.S. have put millions of Americans close to the financial edge. Just to make ends meet, a family with one adult and two children needs to earn an average of $35.80 an hour — a level of income …
Read More »Man convicted in UVA lacrosse player Yeardley Love’s 2010 murder expected to testify in civil trial
A jury was selected Monday in the civil trial of a man who was convicted of second-degree murder in the 2010 death of University of Virginia lacrosse player Yeardley Love. A wrongful death lawsuit brought by Love’s mother seeks to hold George Huguely liable in Yeardley’s killing. Love and Huguely …
Read More »George Floyd’s lawyer: Wells Fargo is “killing Black homeowners opportunities”
Wells Fargo & Co. is again facing scrutiny and lawsuits over loan practices involving Black borrowers. Wells Fargo — the largest mortgage lender among U.S. banks — is currently looking at a possible class-action lawsuit as well as criticism from Capitol Hill over claims it denied Black people a shot …
Read More »The mystery of Francis Hines, and a dumpster full of art treasures
In 2017, Jared Whipple, a skateboarder and a mechanic in rural Connecticut, got a call from a contractor buddy who’d been hired to clean out an old barn. “He just said, ‘Jared, nobody’s been in there in, like, 40 years!” When Whipple and his friend, George Martin, arrived at the …
Read More »Texas Gov. Greg Abbott defies pressure over new border policy that’s gridlocking trucks for hours
Texas Gov. Greg Abbott on Wednesday defied intensifying pressure over his new border policy that has gridlocked trucks entering the U.S. and shut down some of the world’s busiest trade bridges as the Mexican government, businesses and even some allies urge him to relent. The two-term Republican governor, who has …
Read More »Etsy sellers strike, halting sales for one week to protest hike in commission fees
Some vendors on Etsy say they are halting sales of their items on the site for a week to protest a hike in the fees the crafts ecommerce marketplace charges them. Starting Monday, Etsy sellers must pay a 6.5% commission on each transaction, up from the 5% in place since …
Read More »Low pay, grueling work fuels trucker shortage
President Joe Biden wants to recruit more veterans and women to the trucking industry amid a national shortage of drivers that is making it harder to get products onto store shelves. In unveiling a plan on Monday to beat the bushes for more truck drivers, Mr. Biden and U.S. Transportation …
Read More »Biden’s granddaughter Naomi to have wedding reception at White House
President Biden and first lady Jill Biden will host the wedding reception for their granddaughter Naomi Biden at the White House in November. The Biden granddaughter is marrying her fiancé, Peter Neal, on November 19. They announced their engagement in September. “Peter and I are endlessly grateful to my Nana …
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