(NEW YORK) -- The Federal Reserve’s string of interest rate hikes this year has thrown cold water on the once red-hot housing market. Existing home sales fell for the seventh straight month in August, down 0.4%, according to the National Association of Realtors, as the... Read More.
(NEW YORK) -- After Kansas voters decisively rejected a bid to remove abortion protections from its state constitution earlier this week, researchers and activists say state lawmakers are likely to continue efforts to restrict access to abortion. The Kansas vote was the first state-level test after... Read More.
(NEW YORK) -- As JetBlue prepares to begin its takeover of Spirit Airlines in a $3.8 billion deal, many are left wondering what the future holds for both airlines and their loyal customers. The JetBlue-Spirit agreement still faces a shareholder vote and regulatory approval, which... Read More.
(NEW YORK) -- The Federal Reserve on Wednesday dramatically escalated its fight to dial back historic inflation, raising its benchmark interest rate by 0.75%, the largest rate hike since 1994. The move offers hope that sky-high prices for essentials like fuel and groceries will... Read More.
(NEW YORK) -- This summer, Americans across the country are going to have to find new ways to beat the heat. A nationwide lifeguard shortage is expected to leave thousands of public pools closed and beaches under “Swim At Your Own Risk” rules. “To start... Read More.
(NEW YORK) -- Lately, the stock market has taken a thrashing. The Nasdaq and S&P 500 have each fallen for seven consecutive weeks. The Dow Jones Industrial Average has fared even worse, dropping for eight weeks straight, the longest such losing streak for the index... Read More.
(WASHINGTON) -- With a leaked draft opinion revealing this week that the U.S. Supreme Court appears poised to overturn nearly 50 years of abortion rights precedent, Democrats and activists are sounding alarms that other rights not explicitly listed in the Constitution -- but long-considered... Read More.
(WASHINGTON) -- The worst days of the COVID-19 pandemic may be over in the United States, Dr. Anthony Fauci, the nation’s top infectious disease expert, said this week. Some experts urged caution, however, and said the pandemic is still a threat in the long-term. “We... Read More.
(NEW YORK) - Last month, a federal judge approved the largest debt restructuring plan ever reported in the United States, paving the way to end Puerto Rico's long and painful bankruptcy process. The plan -- capping a years-long debate between creditors and local and federal... Read More.
(WASHINGTON) -- It's peak citrus season in the U.S., but Florida orange groves had a bitter yield of the beloved sweet and tart winter fruit. The U.S. Department of Agriculture reported that orange crops are projected to be down for the second consecutive season, which... Read More.