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National News

Justice Department to expand redlining investigation efforts

WASHINGTON (AP) — The Justice Department announced Friday a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods. It is the first major expansion of redlining investigations since the Obama ...

US budget deficit hits $2.77 trillion in 2021, 2nd highest

WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years reflect trillions of dollars in government spending to counteract the devastating ...

On Nov. 1, no GM plants will be closed due to chip shortage

DETROIT (AP) — For the first time in eight months, the global shortage of computer chips won't force General Motors to close any North American factories. The company said Friday that starting Nov. 1, all plants that had been closed on and off since February because of the shortage will be ...

Powell says inflation risks rising, but Fed can be ‘patient’

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Friday that the tangled supply chains and shortages that have bedeviled the U.S. economy since this summer have gotten worse and will likely keep inflation elevated well into next year. The Fed is not yet prepared to lift its ...

Stock tied to Trump media venture soars in another frenzy

NEW YORK (AP) — The company planning to bring President Donald Trump's new media venture to the stock market soared further on Friday amid another frenzy of trading. Digital World Acquisition Corp. nearly tripled in the first minute of trading before it was temporarily halted. It then gave ...

Lyft report: Sexual assaults rose sharply in recent years

Lyft received an increasing number of reports of sexual assault in recent years, including more than 1,800 in 2019, according to a safety report from the ride-hailing company. More than half of the assaults in 2019 were "non-consensual touching of a sexual body part" and another 156 involved ...

Stocks end mixed on Wall Street, still notch weekly gains

Wall Street capped a choppy day of trading Friday with an uneven finish for the major stock indexes, as losses for several large technology companies weighed on the market. The S&P 500 was little changed a day after it set an all-time high, but the 0.1% slip ended its seven-day winning ...

California hiring slows in September; jobless rate at 7.5%

SACRAMENTO, Calif. (AP) — In California, new coronavirus cases are at their lowest point since the start of the pandemic, schools have fully reopened and the more generous unemployment benefits from the federal government have expired — all signs pointing to what should have been a robust ...

Big tech data centers spark worry over scarce Western water

THE DALLES, Ore. (AP) — Conflicts over water are as old as history itself, but the massive Google data centers on the edge of this Oregon town on the Columbia River represent an emerging 21st century concern. Now a critical part of modern computing, data centers help people stream movies on ...

Giuliani associate convicted of campaign finance crimes

NEW YORK (AP) — A Florida businessman who helped Rudy Giuliani's effort to dig up dirt on Joe Biden in Ukraine was convicted Friday of campaign finance crimes, including funneling a Russian entrepreneur's money to U.S. politicians. Lev Parnas was on trial for more than two weeks as ...