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A measure of inflation that is closely tracked by the Federal Reserve increased in April
A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.
Biden says debt default deal ‘very close’ while deadline now set at June 5
President Joe Biden said a deal to resolve the government’s debt ceiling crisis seemed “very close” late Friday, even as the deadline for a potentially catastrophic default was pushed back four days until a week from Monday.
White House vows more federal aid to reduce homelessness in 5 cities and California
Five major U.S. cities and the state of California will receive federal help to get unsheltered residents into permanent housing under a new plan launched Thursday as part of the Biden administration’s larger goal to reduce homelessness 25% by 2025.
California orders Los Angeles County to close ‘unsuitable’ youth prisons within 60 days
Los Angeles County has two months to move about 300 young people out of its troubled juvenile halls after California regulators on Tuesday determined the facilities are “unsuitable for the confinement of youth.”
US study finds 1 in 10 get long COVID after omicron, starts identifying key symptoms
About 10% of people appear to suffer long COVID after an omicron infection, a lower estimate than earlier in the pandemic, according to a study of nearly 10,000 Americans that aims to help unravel the mysterious condition.
