Associated Press

Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to address what has become the biggest threat to the U.S. economy.

Scientists are seeing signals that COVID-19′s alarming omicron wave may have peaked in Britain and is about to do the same in the U.S., at which point cases may start dropping off dramatically.

Backed by soaring revenues amid the pandemic, California Gov. Gavin Newsom on Monday proposed a budget that would pay for the health care of all the state’s low-income residents living in the country illegally, while cutting taxes for businesses and halting a scheduled increase in the gas tax later this summer.

Hospitals around the U.S. are increasingly taking the extraordinary step of allowing nurses and other workers infected with the coronavirus to stay on the job if they have mild symptoms or none at all.

Robert Durst, the wealthy New York real estate heir and failed fugitive dogged for decades with suspicion in the disappearance and deaths of those around him before he was convicted last year of killing his best friend, has died. He was 78.