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31 minutes ago

Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling

A federal judge in Texas has accused the major banking industry groups and the U.S. Chamber of Commerce of forum shopping in their lawsuit against the Consumer Financial Protection Bureau
31 minutes ago
President Joe Biden sits after speaking during a meeting with his Competition Council in the State Dining Room of the White House in Washington, Tuesday, March 5, 2024. (AP Photo/Andrew Harnik)
2 hours ago

Youngkin vetoes Virginia bills mandating minimum wage increase, establishing marijuana retail sales

Republican Virginia Gov. Glenn Youngkin has vetoed two top Democratic legislative priorities
2 hours ago
FILE - Virginia Republican gubernatorial candidate Glenn Youngkin talks with supporters during a rally in Culpeper, Va., Oct. 13, 2021. The Republican governor of Virginia vetoed two top Democratic legislative priorities on Thursday, March 28, 2024: bills that would have allowed the recreational retail sales of marijuana to begin next year and measures mandating a minimum wage increase. (AP Photo/Steve Helber, File)
3 hours ago

Patchwork international regulations govern cargo ships like the one that toppled Baltimore bridge

Critics say the patchwork system of safety regulations governing massive cargo ships like the one that toppled a Baltimore bridge this week can allow shippers to skirt oversight
3 hours ago
A container ship rests against the wreckage of the Francis Scott Key Bridge on Thursday, March 28, 2024, in Baltimore, Md. After days of searching through murky water for the workers missing after the bridge collapsed, officials are turning their attention Thursday to what promises to be a massive salvage operation. (AP Photo/Matt Rourke)
3 hours ago

Facebook News tab will soon be unavailable as Meta scales back news and political content

Meta will be sunsetting Facebook News in early April for users in the U.S. and Australia as the platform further deemphasizes news and politics
3 hours ago
FILE - The Facebook app is shown on a smart phone in Surfside, Fla., Friday, April 23, 2021. Meta will be sunsetting Facebook News in early April for users in the U.S. and Australia as the platform continues to deemphasize news and politics. The feature was shut down for users in the U.K., France and Germany last year. (AP Photo/Wilfredo Lee, File)
3 hours ago

California proposal would change how power bills are calculated, aiming to relieve summer spikes

A new proposal from California regulators would change how power companies calculate their customer's bills
3 hours ago
FILE - Electrical grid towers are seen during a heat wave where temperature reached 105 degrees Fahrenheit, in Pasadena, Calif., on Aug. 31, 2022. On Wednesday, March 27, 2024, California regulators released a proposal that would change how utility bills are calculated. Regulators say this could help control price spikes during the hot summer months. (AP Photo/John Antczak, File)
4 hours ago

How major US stock indexes fared Thursday, 3/28/2024

Wall Street coasted to its latest winning month and quarter by rising to more records
4 hours ago
March 28

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for May delivery rose $1.82 to $83.17 per barrel Thursday
March 28
March 28

Georgia lawmakers approve private water utility bypassing county to serve homes near Hyundai plant

Georgia lawmakers have agreed to change a state law so that a private utility can provide water service to homes near Hyundai's upcoming electric vehicle plant without permission from local governments
March 28
FILE - A factory building is under construction at Hyundai's first U.S. plant for manufacturing electric vehicles on Wednesday, Oct. 25, 2023, in Ellabell, Ga. A private utility is asking Georgia lawmakers to change a state law so it can provide water service to new homes near Hyundai's upcoming electric vehicle plant without getting permission from local governments. A state Senate committee in Atlanta voted Tuesday, March 12, 2024, to advance the proposal a week after it passed the House. (AP Photo/Russ Bynum, File)
March 28

The stock market has skyrocketed to start 2024. Will it continue?

The S&P 500 has climbed 10% this year.
March 28
Traders work on the floor of the New York Stock Exchange during afternoon trading, on March 27, 2024, in New York.
March 28

A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX

Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investors
March 28
FILE - FTX founder Sam Bankman-Fried, center left, is escorted out of Magistrate Court following a hearing in Nassau, Bahamas, Dec. 19, 2022. Bankman-Fried, charged with a host of financial crimes, was arrested in the Bahamas on Dec. 12, 2022. (AP Photo/Rebecca Blackwell, File)
March 28

Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles

Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a seller
March 28
FILE - Former Minnesota Gov. Jesse Ventura talks to reporters outside the federal building in St. Paul, Minn., on Oct. 20, 2015. Ventura has announced he is entering the cannabis market as a seller, as the state still figures out retail sales of the drug on the heels of legalizing marijuana for adults last year. (Elizabeth Flores /Star Tribune via AP, File)
March 28

Owning Wrexham is hitting Ryan Reynolds in the wallet. Club owes its celebrity owners more than $11M

Owning a soccer club is hitting Ryan Reynolds in the wallet
March 28
FILE - Wrexham co-owner Ryan Reynolds, center, celebrates with members of the Wrexham FC soccer team the promotion to the Football League in Wrexham, Wales, on May 2, 2023. Ryan Reynolds’ Wrexham is headed back to the United States. The low-level Welsh club which has gained global recognition after being bought by Hollywood duo Reynolds and Rob McElhenney, will play English Premier League side Chelsea on July 24. (AP Photo/Jon Super, File)
March 28

Kroger is closing 3 spoke facilities in its Texas and Florida e-commerce operations

Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations
March 28
March 28

Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers

The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a stubbornly low inventory of properties on the market this spring homebuying season
March 28
A for sale is displayed in front of home in Prospect Heights, Ill., Monday, March 18, 2024. On Thursday, March 28, 2024, Freddie Mac issues its weekly report on long-term U.S. mortgage rates. (AP Photo/Nam Y. Huh)
March 28

The Bankman-Fried verdict, explained

Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency
March 28
FILE - FTX founder Sam Bankman-Fried leaves Federal court on July 26, 2023, in New York. The former crypto mogul faces the potential of decades in prison when he is sentenced Thursday, March 28, 2024, for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency. (AP Photo/Mary Altaffer, File)
March 28

MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024

Stocks that traded heavily or had substantial price changes on Thursday: MillerKnoll, Chemours fall; Verint Systems, RH rise
March 28
March 28

Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics

Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls
March 28
FILE - The entrance to a Walgreens is seen on Oct. 14, 2022, in Boston. Walgreens lost nearly $6 billion in its fiscal second quarter mainly due to a drop in value for a VillageMD clinic business it controls. Excluding that charge, the drugstore chain reported results Thursday, march 28, 2024 that topped Wall Street expectations.. (AP Photo/Michael Dwyer, File)
March 28

Biden administration restores threatened species protections dropped by Trump

The Biden administration has restored rules to protect imperiled plants and animals that had been rolled back under former President Donald Trump
March 28
FILE - In this May 8, 2003, file photo, a Northern Spotted Owl sits on a tree in the Deschutes National Forest near Camp Sherman, Ore. The Biden administration on Thursday restored rules to protect imperiled plants and animals that had been rolled back under former President Donald Trump.(AP Photo/Don Ryan, File)
March 28

The Biden administration has restored threatened species protections dropped during Donald Trump's presidency

The Biden administration has restored threatened species protections dropped during Donald Trump's presidency
March 28
March 28

Latvia's foreign minister will step down after a probe over his office's use of private flights

Latvia’s top diplomat said on Thursday he will step down in the wake of a criminal probe over the use of expensive private flights by his office when he acted as the Baltic country’s prime minister between 2019-2023
March 28
Latvia's Foreign Minister Krisjanis Karins arrives for a meeting of EU foreign ministers at the European Council building in Brussels, Monday, March 18, 2024. European Union foreign ministers on monday will discuss Russia's aggression against Ukraine, Belarus, and the situation in the Middle East. (AP Photo/Virginia Mayo)
March 28

A timeline of the historic collapse of FTX

Bankman-Fried received a sentence of 25 years in prison on Thursday.
March 28
In this May 12, 2022, file photo, Terrence A. Duffy, CEO of the Chicago Mercantile Exchange, Sam Bankman-Fried, CEO of FTX US Derivatives, Christopher Edmonds, chief development officer of the Intercontinental Exchange, and Christopher Perkins, president of CoinFund, testify during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Washington, D.C.
March 28

Fallen cryptocurrency mogul Sam Bankman-Fried sentenced to 25 years in prison for massive fraud

Fallen cryptocurrency mogul Sam Bankman-Fried sentenced to 25 years in prison for massive fraud
March 28
March 28

Glen Taylor says the T-wolves are no longer for sale. Lore and A-Rod say it's seller remorse

The ownership transfer of the Minnesota Timberwolves has slammed to a halt
March 28
Minnesota Timberwolves center Naz Reid (11) and guard Anthony Edwards (5) high-five during the second half of an NBA basketball game against the Detroit Pistons, Wednesday, March 27, 2024, in Minneapolis. (AP Photo/Abbie Parr)
March 28

Ex-Gucci designer Alessandro Michele named the new creative head at Valentino

The former Gucci designer Alessandro Michele has been named the new creative director at Valentino, following the sudden departure last week of Pierpaolo Piccioli after 25 years
March 28
FILE - Alessandro Michele poses for photographers upon arrival at the premiere of the film 'Don't Worry Darling' during the 79th edition of the Venice Film Festival in Venice, Italy, on Sept. 5, 2022. The flamboyant former designer of Gucci Alessandro Michele has been named the new creative director at storied Roman luxury house Valentino, following the sudden departure last week of Pierpaolo Piccioli after 25 years. Valentino confirmed the move in a statement Thursday March 28, 2024. (Photo by Joel C Ryan/Invision/AP, File)
March 28

Federal EV charging stations are key to Biden's climate agenda, yet only 4 states have them

Electric vehicle charging ports are a key part of President Joe Biden’s effort to encourage drivers to move away from gasoline-powered cars and trucks that contribute to global warming, but only four states have them
March 28
Liam Sawyer, of Indianapolis, touches the screen as he charges his 2023 Ford Mustang Mach-E, Friday, March 8, 2024, at an electric vehicle charging station in London, Ohio. The charging ports are a key part of President Joe Biden’s effort to encourage drivers to move away from gasoline-powered cars and trucks that contribute to global warming. (AP Photo/Joshua A. Bickel)
March 28

Biden OKs $60M in aid after Baltimore bridge collapse as governor warns of 'very long road ahead'

Maryland Gov. Wes Moore has been granted $60 million in immediate federal aid but warns of a “very long road ahead” after the Baltimore bridge collapse
March 28
A container ship rests against the wreckage of the Francis Scott Key Bridge on Thursday, March 28, 2024, in Baltimore, Md. After days of searching through murky water for the workers missing after the bridge collapsed, officials are turning their attention Thursday to what promises to be a massive salvage operation. (AP Photo/Matt Rourke)
March 28

Applications for US unemployment benefits dip to 210,000 in strong job market

The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security
March 28
A hiring sign is seen outside of a barber shop in Northbrook, Ill., Tuesday, March 12, 2024. On Thursday, March 28, 2024, the Labor Department issues the latest weekly report on first-time applications for unemployment benefits. (AP Photo/Nam Y. Huh)
March 28

4 Canadian school boards sue Snapchat, TikTok and Meta for disrupting students' education

Four of the largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning
March 28
FILE - The TikTok Inc. building is seen in Culver City, Calif., Friday, March 17, 2023. Four of the largest school boards in the Canadian province of Ontario launched lawsuits Thursday, March 28, 2024, against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning. (AP Photo/Damian Dovarganes, File)
March 28

US changes how it categorizes people by race and ethnicity. It's the first revision in 27 years

For the first time in 27 years, the U.S. government is changing how it categorizes people by race and ethnicity
March 28
Florida state Rep. Anna Eskamani smiles in her office Wednesday, March 27, 2024, in Orlando, Fla. For the first time in 27 years, the U.S. government is announcing changes to how it categorizes people by race and ethnicity. "It feels good to be seen," said Eskamani, whose parents are from Iran. (AP Photo/John Raoux)
March 28

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said in an upgrade from its previous estimate
March 28
The WestRock Paperboard Mill is in Solvay, N.Y., is shown on Jan. 16, 2024. On Thursday, March 28, 2024, the U.S. government issues the third and final estimate of economic growth in the October-December quarter. (AP Photo/Ted Shaffrey)
March 28

Michelle Yeoh to join business and political leaders at Global Citizen NOW summit to fight poverty

Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced...
March 28
FILE - Michelle Yeoh arrives at the Oscars on Sunday, March 10, 2024, at the Dolby Theatre in Los Angeles. Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced on Thursday, March 28, 2024.(Photo by Jordan Strauss/Invision/AP, File)
March 28

Ford to trim workforce at plant that builds its F-150 Lightning as sales of EVs slow

About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages next week as sales of the electric pickup trucks slow
March 28
FILE - Treasury Secretary Janet L. Yellen tours the Ford Rouge Electric Vehicle Center before speaking about the Biden Administration's economic agenda in Dearborn, Mich., Sept. 8, 2022. Ford will drastically cut the number of hourly workers at the factory, which builds the Ford F-150 Lightning, as sales of electric vehicles slow. (AP Photo/Paul Sancya, File)
March 28

Home Depot buying supplier to professional contractors in a deal valued at about $18.25 billion

Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion
March 28
FILE - Shopping carts are parked outside a Home Depot in Philadelphia on Sept. 21, 2022. Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. The home improvement retailer said Thursday, March 28, 2024, that the acquisition will help speed up its growth with the contractors. (AP Photo/Matt Rourke, File)
March 28

Home Depot to buy supplier SRS Distribution for $18 billion, capitalizing on growing business with professional builders

Home Depot to buy supplier SRS Distribution for $18 billion, capitalizing on growing business with professional builders
March 28
March 28

Poland and Ukraine leaders cite progress on regulating Ukrainian food imports to ease farmer anger

Ukrainian and Polish leaders say they have made progress on regulating Ukraine food imports that have led to farmer protests in Europe
March 28
Poland's Prime Minister Donald Tusk, right, and Ukraine's Prime Minister Denys Shmyhal sign documents after bilateral meetings at the Chancellery of Prime Minister in Warsaw, Poland, Thursday, March 28, 2024. (AP Photo/Czarek Sokolowski)
March 28

German mail service stops using domestic flights to transport letters after 63 years

Germany’s main national postal carrier has stopped using domestic flights to transport letters after nearly 63 years
March 28
A WISAG employee secures plastic boxes full of mail covered with fabric sleeves to the passenger seats of an Airbus A320-214 at Berlin Brandenburg Airport, in Schönefeld, Germany, Thursday, March 28, 2024. Germany's main national postal carrier on Thursday put an end to domestic flights to transport letters, stopping the practice after nearly 63 years in a move that will allow it to improve its climate footprint and reflects the declining significance of letter mail. (Soeren Stache/dpa via AP)
March 28

Oxford coach blasts Thames pollution as a national disgrace ahead of Boat Race with Cambridge

The coach of Oxford’s crew taking part in the Boat Race has described the pollution in London’s River Thames as a “national disgrace.”
March 28
The Cambridge men's team pass under Hammersmith Bridge during a training session on the River Thames in London, Tuesday March 26, 2024. Jumping into London’s River Thames has been the customary celebration for members of the winning crew in the annual Boat Race between storied English universities Oxford and Cambridge. Now researchers say it comes with a health warning.(John Walton/PA via AP)
March 28

VP Harris says US agencies must show their AI tools aren't harming people's safety or rights

U.S. federal agencies must show that their artificial intelligence tools aren’t harming the public, or stop using them, under new rules unveiled by the White House
March 28
FILE - Vice President Kamala Harris delivers a speech on healthcare at an event in Raleigh, N.C., March 26, 2024. U.S. federal agencies must show their artificial intelligence tools aren’t harming the public, or stop using them, under new rules unveiled by the White House on Thursday. Vice President Kamala Harris said government agencies that use AI tools will be required to verify that those tools do not endanger the rights and safety of the American people. (AP Photo/Matt Kelley, File)
March 28

China lifts heavy tariffs on Australian wine as ties improve

China says it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries
March 28
FILE - Visitors wearing face masks walk past a display of Australian wines and other agricultural products at the China International Import Expo (CIIE) in Shanghai, China, Nov. 5, 2020. China on Thursday, March 28, 2024, said it would lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between Australia and China.(AP Photo/Mark Schiefelbein, File)
March 28

China lifts heavy tariffs on Australian wine after three years, as ties improve

China lifts heavy tariffs on Australian wine after three years, as ties improve
March 28
March 28

Stock market today: Wall Street rises to more records to close out its latest winning month

Wall Street coasted to its latest winning month and quarter by rising to more records
March 28
FILE - People walk by the New York Stock Exchange in New York, Tuesday, March 19, 2024. (AP Photo/Eduardo Munoz Alvarez, File)
March 28

Top Chinese official says green, high tech development key as nation seeks to spur economy

A top Communist Party official says China is committed to introducing reforms that will upgrade the technological level of its largely manufacturing-based economy
March 28
Pan Gongsheng, Governor of People's Bank of China, speaks at a sub forum ahead of the annual Boao Forum held in Boao in southern China's Hainan province on Wednesday, March 27, 2024. China's central bank governor calls for accleration of reforms on quta allocation at IMF to increase the voice of Asia (AP Photo/Olivia Zhang)
March 28

It's a bittersweet Easter for chocolate lovers and African cocoa farmers but big brands see profits

Shoppers may get a bitter surprise in their Easter baskets this year
March 28
Niaz Mardan wraps a luxury handmade Belgian chocolate rabbit at Sandrine a chocolate shop in south west London, Thursday, March 21, 2024. Niaz Mardan, is suffering due to high cocoa prices, she's making no profits and fears she will have to close the shop that's been around for 25 years (she's the third owner and took over in 2019). (AP Photo/Kirsty Wigglesworth)
March 28

China's latest EV is a 'connected' car from smart phone and electronics maker Xiaomi

Chinese smart consumer electronics maker Xiaomi is joining China's booming but crowded market for electric cars with a sporty high-tech sedan
March 28
Visitors to the Xiaomi Automobile flagship store look at the Xiaomi SU7 electric car on display in Beijing, Tuesday, March 26, 2024. Xiaomi, a well-known smart consumer electronics brand in China, is joining the country's booming but crowded market for electric cars. (AP Photo/Ng Han Guan)
March 28

A fight to protect the dignity of Michelangelo's David raises questions about freedom

Merchandise focusing on the statues genitalia has seen a backlash.
March 28
People walk past a shop selling souvenirs of Michelangelo's 16th century statue of David, in downtown Florence, central Italy, Monday, March 18, 2024. Michelangelo’s David has been a towering figure in Italian culture since its completion in 1504. But curators worry the marble statue’s religious and political significance is being diminished by the thousands of refrigerator magnets and other souvenirs focusing on David’s genitalia. The Galleria dell’Accademia’s director has positioned herself as David’s defender and takes swift aim at those profiteering from his image. (AP Photo/Andrew Medichini)
March 28

US journalist marks a year in a Russian prison as courts keep extending his time behind bars

Wall Street Journal reporter Evan Gershkovich marks a year behind bars on Friday following his arrest by Russian authorities who accuse him of espionage but have offered no supporting evidence
March 28
FILE - Wall Street Journal reporter Evan Gershkovich smiles as he stands in a defendants’ cage in a courtroom at the Moscow City Court, in Moscow, Russia, on Tuesday, Oct. 10, 2023. Gershkovich, a U.S. citizen, has been jailed for a year after being accused by Russia of espionage – which he, his employer and the U.S. government deny. (AP Photo/Alexander Zemlianichenko, File)
March 28

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history
March 28
In this courtroom sketch, Sam Bankman-Fried, second from right, stands while making a statement during his sentencing in Manhattan federal court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)
March 28

What to know about the cargo ship Dali, a mid-sized ocean monster that took down a Baltimore bridge

Here’s what to know about the cargo ship that crashed into Baltimore’s Francis Scott Key Bridge, causing it to collapse and leaving six construction workers presumed dead
March 28
In this image taken from video released by the National Transportation and Safety Board, the cargo ship Dali is stuck under part of the structure of the Francis Scott Key Bridge after the ship hit the bridge, Tuesday, March 26, 2024, in Baltimore. (NTSB via AP)
March 27

A $500K house was built on the wrong Hawaii lot. A legal fight is unfolding over the mix-up

A woman who purchased a vacant lot in Hawaii was surprised to find out a $500,000 house was built on the property by mistake
March 27
March 27

Debate emerges over whether modern protections could have saved Baltimore bridge

A debate has emerged over whether modern safety protections could have saved a Baltimore bridge after it was struck by a cargo ship
March 27
A container ship rests against wreckage of the Francis Scott Key Bridge on Wednesday, March 27, 2024, in Baltimore. The ship rammed into the major bridge early Tuesday, causing it to collapse in a matter of seconds and creating a terrifying scene as several vehicles plunged into the chilly river below. (AP Photo/Matt Rourke)