Government

Biden: Killing of al-Qaida leader is long-sought ‘justice’

President Joe Biden announced Monday that al-Qaida leader Ayman al-Zawahri was killed in a U.S. drone strike in Kabul, an operation he said delivered justice and hopefully “one more measure of closure” to families of the victims of the Sept. 11, 2001, attacks on the United States.

Congress OKs bill to aid computer chip firms, counter China

The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China.

Biden calls deal with Manchin ‘godsend’ for US families

President Joe Biden declared his support Thursday for the “historic” inflation-fighting agreement struck by Senate Majority Leader Chuck Schumer and holdout Democratic Sen. Joe Manchin, an expansive health care and climate change package that had eluded the White House and seemed all but lost.

US not yet in recession and 4 other takeaways from the Fed

Jerome Powell delivered a tough message at the start of a news conference Wednesday: Inflation is way too high, and the Federal Reserve is laser-focused on taming it with higher borrowing costs.

US economy sending mixed signals: Here’s what it all means

The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers are still spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs each month.

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