WASHINGTON — The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first of a two-day appearance before Congress. After cutting its key rate a full percentage point in...
Coca-Cola Reverses Sales Volume Slide, Sending Revenue up 6% in the Fourth Quarter
Coca-Cola said Tuesday it's confident it can mitigate the Trump administration's tariffs on aluminum by shifting its suppliers, relying more heavily on plastic bottles and other tools. “It’s not insignificant, but it’s not going to radically change a multibillion-dollar U.S. business,” Coke Chairman and CEO James Quincey said in a...
Steve Bannon Pleads Guilty and Avoids Jail Time in Border Wall Fraud Case
NEW YORK — Steve Bannon pleaded guilty on Tuesday to a fraud charge related to duping donors who gave money to a private effort to build a wall along the U.S. southern border — a case the conservative strategist has decried as a “political persecution.” Bannon, a longtime ally of...
Faith Groups Sue Over Immigration Arrests at Houses of Worship
More than two-dozen Christian and Jewish groups representing millions of Americans — ranging from the Episcopal Church and the Union for Reform Judaism to the Mennonites and Unitarian Universalists — filed a federal court lawsuit Tuesday challenging a Trump administration move giving immigration agents more leeway to make arrests at...
Facing Backlash Over $500K Salary, LA’s Wildfire Recovery Czar Agrees to Work for Free
LOS ANGELES — Steve Soboroff, a longtime fixture in Los Angeles civic life who is now serving as chief recovery officer for the city’s wildfire comeback, won’t take a salary after facing backlash over plans to pay him $500,000. He would have been paid through charitable donations, not with taxpayer...
Canned Tuna Sold at Trader Joe’s, Costco, H-E-B Recalled for Botulism Risk
Several brands of canned tuna sold at stores including Trader Joe's, Costco and H-E-B have been recalled because they might be contaminated with a type of bacteria that causes botulism, a potentially fatal form of food poisoning. Tri-Union Seafoods of El Segundo, California, last week recalled certain lots of tuna...
Private Jets Collide at Scottsdale Airport in Arizona, Killing at Least 1 Person, Authorities Say
SCOTTSDALE, Ariz. — At least one person was killed and others were injured when private jets collided Monday afternoon at the Scottsdale Airport in Arizona, authorities said. A midsize business jet collided with another midsize business jet that was parked on private property, according to Kelli Kuester, aviation planning and...
Trump Says Ceasefire Deal Should Be Canceled if Hamas Doesn’t Release All Hostages by Saturday
WASHINGTON — President Donald Trump said Monday that a precarious ceasefire agreement between Israel and Hamas should be canceled if Hamas doesn’t release all the remaining hostages it is holding in Gaza by midday on Saturday — though he also acknowledged that such a decision would be up to Israel....
Dodgers Favored to Be MLB’s 1st Repeat Champ in a Quarter-Century
Miguel Rojas gladly gave up his No. 11 to Roki Sasaki and went back to 72, his jersey as a Los Angeles Dodgers rookie in 2014. “I'm not asking for anything. I have everything that I want in life,” the 35-year-old infielder said. "All I ask for him is trying...
Why Was Taylor Swift Booed at the Super Bowl?
NEW ORLEANS — There was no on-field celebration for Taylor Swift and Travis Kelce after this Super Bowl. Only consolation far away from the prying TV cameras. The pop superstar turned up at the big game for the second consecutive year as her boyfriend and the Kansas City Chiefs tried...