NEW YORK — Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Retail sales rose 0.1% in May, below the pace that economists projected, according to the Commerce Department. And April sales were revised downward —...
Fisker Files for Bankruptcy Protection, the Second Electric Vehicle Maker to Do So in the Past Year
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology. Fisker Group Inc. said in a filing with the U.S. Bankruptcy Court in...
Apple Kills Off Its Buy Now, Pay Later Service Barely a Year After Launch
NEW YORK — Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna. It's an acknowledgement from a company known for producing...
Singer Justin Timberlake Arrested and Accused of DUI on New York’s Long Island
NEW YORK — Justin Timberlake was arrested early Tuesday on allegations that the singer was driving while intoxicated on New York’s Long Island, authorities said. Timberlake was released from custody later in the morning after being arraigned in Sag Harbor, on the eastern end of Long Island. He was charged...
Record-Breaking US Heat Wave Scorches the Midwest as New York Activates the National Guard
Extreme heat alerts affected tens of millions of people in the United States on Tuesday as cities including Chicago broke records at the start of a week of sweltering weather. Midwestern states started to bake Monday in what the National Weather Service called a dangerous and long duration heat wave...
Half a Million Immigrants Could Eventually Get US Citizenship Under a New Plan from Biden
WASHINGTON — President Joe Biden is taking an expansive election year step to offer relief to potentially hundreds of thousands of immigrants without legal status in the U.S., aiming to balance his own aggressive crackdown on the southern border earlier this month that enraged advocates and many Democratic lawmakers. The...
After Delay, Top Democrats in Congress Sign Off on Sale of F-15 Jets to Israel
WASHINGTON — A Biden administration plan to sell $18 billion worth of F-15 fighter jets to Israel is moving forward after two top Democratic holdouts in Congress signed off on the deal, according to multiple people familiar with the sale. Meeks Lifts Hold on Deal Rep. Gregory Meeks of New...
Convicted Killer of California College Student Kristin Smart Ordered to Pay $350K in Restitution
SAN LUIS OBISPO — A California judge ruled Monday that a man convicted of killing 19-year-old college student Kristin Smart in 1996 must pay just over $350,000 to her family for costs they incurred after her death. Monterey County Superior Court Judge Jennifer O'Keefe ordered Paul Flores to make the...
120 MPH Chase Ends in Arrest of Fresno Man Emulating Online Videos for ‘Fun’
After a high-speed chase, Fresno County Sheriff's deputies and California Highway Patrol officers arrested 20-year-old Oscar Duarte. Duarte, who reached speeds up to 120 mph during the 15-minute pursuit, was booked into Fresno County Jail on charges of evading police and reckless driving. The Fresno man was released with a...
Secret Service Agent Robbed at Gunpoint During Biden’s Los Angeles Trip, Police Say
LOS ANGELES — A U.S. Secret Service agent was robbed at gunpoint as President Joe Biden was visiting Los Angeles for a fundraising event over the weekend, officials said. The agent was returning from work Saturday night when he was accosted in a residential community in Tustin, about an hour's...