Buttigieg doles out $241M to US ports to boost supply chain
WASHINGTON — Transportation Secretary Pete Buttigieg is awarding more than $241 million in grants to bolster U.S. ports, part of the Biden administration’s near-term plan…
AP Wire
New home sales jump 12.4% in November, highest in 7 months
WASHINGTON — Sales of new single-family homes rose 12.4% in November, the fastest pace in seven months, as the housing industry continued to benefit from…
US adds Merck pill as 2nd easy-to-use drug against COVID-19
WASHINGTON — U.S. health regulators today authorized the second pill against COVID-19, providing another easy-to-use medication to battle the rising tide of omicron infections. The…
Consumer prices up 5.7% over past year, fastest in 39 years
WASHINGTON — U.S. consumer prices rose 5.7% in the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with…
US jobless claims unchanged at 205,000
The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market’s strong recovery…
US consumer confidence rises despite omicron, higher prices
WASHINGTON (AP) — U.S. consumer confidence rose this month as Americans shrugged off concerns about rising prices and COVID’-19’s highly contagious omicron variant. The Conference…
Existing home sales, median price edged up in November
Sales of previously occupied U.S. homes rose for the third straight month in November, reflecting strong demand, low mortgage rates and intense competition for a…
Czech central bank again increases key interest rate
PRAGUE — The Czech Republic’s central bank has again aggressively moved to increase its key interest rate in a continuing effort to tame soaring inflation….
US economy grew at 2.3% rate in Q3, up from earlier estimate
WASHINGTON (AP) — The U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously thought, the Commerce Department said Wednesday….
Drug company to open new campus near Madison
VERONA, Wis. — A pharmaceutical company plans to open a new quarter-billion-dollar campus outside Madison. Arrowhead Pharmaceutical announced plans Tuesday for a new 13-acre campus…