WASHINGTON — All the hand-wringing in Washington over raising the debt limit can seem far removed from the lives of everyday Americans, but they could end up facing huge consequences. Millions of people in the U.S. rely on benefits that could go unpaid and services that could be disrupted, or halted...
Home Depot Expects Profits to Fall in Shift Away From Home Spending
After years of explosive growth during the pandemic, Home Depot's revenue during the first quarter fell short of expectations and the company cut its profit and sales outlook for the year, sending shares skidding before the opening bell Tuesday. It was a rough start to a busy week of retail...
Retail Sales up in April Buoyed by Solid Job Market, Easing Inflationary Pressures
Consumers picked up their spending modestly in April from March, buoyed by a solid job market and easing inflationary pressures. A bump up in demand for new cars also helped results, according to the Commerce Department report issued Tuesday. Retail sales increased 0.4% in April from March when it was...
McCarthy Pushes for Faster Deal as Biden, Congressional Leaders Set Debt Meeting
President Joe Biden is ready to discuss the debt ceiling with congressional leaders at the White House in a high-profile session with reverberations across the globe as early outlines of a potential deal begin to emerge from painstakingly slow negotiations. Raising the stakes, the Tuesday afternoon session comes as Biden is preparing to depart for the...
Video Shows Fatal Shooting of Alleged SF Shoplifter by Walgreens Security Guard
San Francisco's district attorney Monday released surveillance video showing the fatal shooting of a suspected shoplifter by an on-duty Walgreens security guard, along with other footage and documents that she said support her decision not to file charges against the guard. District Attorney Brooke Jenkins released the information amid public...
Gunman Kills 3 and Injures 6 While Shooting at Cars, Houses, Police Say
An 18-year-old man armed with at least three guns roamed through a northwestern New Mexico community firing randomly at cars and houses, killing three people and injuring six others including two police officers before he was killed, authorities said. The shootings occurred around 11 a.m. Monday in Farmington, a city...
Russia Says It Destroyed US Patriot System in ‘Exceptional’ Air Attack on Ukraine
Ukrainian air defenses thwarted an intense Russian air attack on Kyiv early Tuesday, shooting down all 18 missiles aimed at the capital, officials said. Loud explosions boomed over Kyiv as the nighttime attack combined Russian missiles launched from the air, sea and land in an apparent attempt to overwhelm Ukraine’s...
Pilots at United Picket for Higher Pay as Pressure Builds Before Summer Travel Season
DALLAS — Just ahead of what could be a record-breaking summer travel season, pilots from one of the nation’s biggest airlines marched in picket lines at major airports on Friday as they push for higher pay. The United Airlines pilots have been working without a raise for more than four...
Biden Plan Would Open Leases to Conservation, Not Just Drilling and Grazing
BILLINGS, Mont. — The Biden administration wants to put conserving vast government-owned lands on equal footing with oil drilling, livestock grazing and other interests, according to a top administration official who defended the idea against criticism that it could sideline industry. The proposal would allow conservationists and others to lease federally owned land to...
World’s Oldest Dog Celebrates 31st Birthday, According to Guinness World Records
CONQUEIROS, Portugal — The world's oldest dog recently celebrated his 31st birthday, according to Guinness World Records. Bobi, a purebred Rafeiro do Alentejo, a breed of Portuguese dog, celebrated during a party Saturday at his home in the Portuguese village of Conqueiros, where he has lived his entire life. More...