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US Inflation Eases Grip on Economy, Falling for a 6th Straight Month

WASHINGTON — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it. Inflation declined to 6.5% in December compared with a year earlier, the government...

Bank to Pay $31M Redlining Settlement, DOJ’s Largest Ever

NEW YORK (AP) — The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in predominately Black and Latino communities, requiring the bank to pay more than $31 million in the largest redlining settlement in department history. City National is the latest...

Garland Appoints Special Counsel to Investigate Biden Docs

WASHINGTON — Attorney General Merrick Garland on Thursday appointed a special counsel to investigate the presence of documents with classified markings found at President Joe Biden’s home in Wilmington, Delaware, and at an office in Washington. The announcement followed Biden's acknowledgement Thursday morning that a document with classified markings from...

Jeff Beck, Guitar God Who Influenced Generations, Dies at 78

NEW YORK — Jeff Beck, a guitar virtuoso who pushed the boundaries of blues, jazz and rock ‘n’ roll, influencing generations of shredders along the way and becoming known as the guitar player’s guitar player, has died. He was 78. Beck died Tuesday after “suddenly contracting bacterial meningitis,” his representatives...

Rep. George Santos Refuses to Resign Despite Political Pressure

NEW YORK — State and local Republican leaders in New York on Wednesday called for the immediate resignation of their new GOP congressman George Santos, who is facing multiple investigations by prosecutors over his personal and campaign finances and lies about his resume and family heritage. “His lies were not...

California Budget: More for Homelessness, Less for Climate

SACRAMENTO — California Gov. Gavin Newsom on Tuesday proposed a $297 billion budget, prioritizing money to address homelessness and education while cutting some climate spending amid a projected $22.5 billion budget deficit. The proposed budget, which would take effect July 1, is about $9 billion less than the current fiscal...

Recent Storms ‘Just a Drop in the Bucket’ for California Drought

California has experienced a devastating, multi-year drought that’s depleted reservoirs, forced officials to plead with residents to conserve water and constrained supplies to vital farmland. Suddenly, the state has been hit by a severe series of storms, with more expected in the coming days. The rain is soaking a state...

Bolsonaro Eyes Return to Brazil as Pressure Mounts on Biden to Expel Him

MIAMI — The Biden administration is under growing pressure from leftists in Latin America as well as U.S. lawmakers to expel Jair Bolsonaro from a post-presidential retreat in Florida following his supporters' brazen attack on Brazil's capital over the weekend. But the far-right ex-president may pre-empt any plans for such...

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