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.
North Dakota’s only abortion clinic is preparing for what could be its final day of performing procedures, with a trigger ban due to take effect Thursday that will likely force patients to travel hundreds of miles to receive care pending the clinic’s relocation across the border to Minnesota.
The intensifying rivalry between former President Donald Trump and his once fiercely loyal vice president, Mike Pence, was put on stark display Tuesday as the two gave dueling speeches in Washington on the future of the Republican Party.
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.
The Biden administration on Monday said the government will plant more than one billion trees across millions of acres of burned and dead woodlands in the U.S. West, as officials struggle to counter the increasing toll on the nation’s forests from wildfires, insects and other manifestations of climate change.