By Anneken Tappe, CNN Business The economic recovery was stronger than initially thought in the fourth quarter of last year, new data from the Commerce Department showed Thursday. But for many Americans it didn’t feel that way. US gross domestic product — the broadest measure of economic activity — grew at an annualized pace of
Continue ReadingBy HILLEL ITALIE AP National Writer NEW YORK (AP) — Books about war, poverty and the rule of law are among the finalists for Lukas Prizes given for work that combines literary excellence, deep research and social consciousness. The nominees were announced Thursday for three categories: The $10,000 J. Anthony Lukas Book Prize, the $10,000
Continue ReadingHOUSTON (AP) — Police in Houston say a deputy constable working an off-duty security job at a shopping mall was fatally shot by a man who used the officer’s own gun. The suspect later died at a hospital after he was shot by two officers in the mall’s food court. Houston police say Deputy Neil
Continue ReadingBy PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported in a slight upgrade from its earlier estimate. For all of 2021, the nation’s gross domestic product — its total output of goods and services —
Continue ReadingLuis Ernesto Quintana Barney (CNN) — Las fuerzas rusas invadieron Ucrania desde tres lados, mientras que las explosiones resonaron en varias ciudades, incluida la capital, Kyiv, en un amplio ataque que comenzó antes del amanecer del jueves. Así es como se desarrolló. Guerra Rusia – Ucrania: última hora y noticias al ataque e invasión en
Continue ReadingDETROIT (AP) — Ford is recalling nearly a quarter-million heavy duty pickup trucks in the U.S. because the drive shafts can fracture and cause a loss of power. The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts. Ford
Continue ReadingDETROIT (AP) — Ford is recalling nearly a quarter-million heavy duty pickup trucks in the U.S. because the drive shafts can fracture and cause a loss of power. The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts. Ford
Continue ReadingBy Rishi Iyengar, CNN Business The standoff between the United States and Russia over the conflict in Ukraine has so far mainly played out on diplomatic and economic fronts. But now, as Russia invades Ukraine and the United States imposes new sanctions on Russia, there are concerns that may change. The US government is on
Continue ReadingCNN, CNNBUSINESS By Rishi Iyengar, CNN Business The standoff between the United States and Russia over the conflict in Ukraine has so far mainly played out on diplomatic and economic fronts. But now, as Russia invades Ukraine and the United States imposes new sanctions on Russia, there are concerns that may change. The US government
Continue ReadingBy Maureen O’Hare and Hadeel Ghaboun, CNN In a major new archaeological discovery, a Neolithic complex of 9,000-year-old stone carvings has been uncovered in Jordan’s southeastern desert. The find was recorded by a team of Jordanian and French archaeologists and announced on Tuesday at a press conference held by the Jordanian Ministry of Tourism and
Continue ReadingBy JEROME PUGMIRE AP Auto Racing Writer Four-time Formula One champion Sebastian Vettel says he will not race in the Russian Grand Prix in September after Russia launched a wide-ranging attack on Ukraine earlier Thursday. Vettel said during F1’s preseason test in Barcelona, “I will not go. I think it’s wrong to race in the
Continue ReadingBy Matt Egan, CNN Business Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. By this summer, Citi plans to get rid of overdraft fees, non-sufficient funds fees and overdraft protection fees, the bank exclusively told CNN on Thursday. The changes mean Citi will
Continue ReadingMONROE, Wash. (AP) — Washington state will pay $3.75 million to settle a wrongful-death lawsuit brought by the family of a man who died at Monroe Correctional Complex after his cancer went untreated despite repeated pleas. Kenny Williams died in June 2019 of breast cancer that had spread to his bones. If he’d received chemotherapy,
Continue ReadingBy ANNA HELHOSKI of NerdWallet Everyone can’t be a STEM major; there are still vital roles necessary in lower-paying fields like humanities, arts and social sciences. But when you follow your dreams from college to career, the return doesn’t always match the investment — especially if you take on debt. For those who expect low
Continue ReadingBy Jordan Valinsky, CNN Business A number of companies have suspended production or limited manufacturing output in Ukraine because of the Russian invasion early Thursday. Companies that made those announcements include Carlsberg, a Coca-Cola bottling company, snack maker Mondelez and steel manufacturer ArcelorMittal. They join a number of airlines that have already suspended operations to
Continue ReadingCNN, CNNBUSINESS By Jordan Valinsky, CNN Business A number of companies have suspended production or limited manufacturing output in Ukraine because of the Russian invasion early Thursday. Companies that made those announcements include Carlsberg, a Coca-Cola bottling company, snack maker Mondelez and steel manufacturer ArcelorMittal. They join a number of airlines that have already suspended
Continue ReadingBy TOM MURPHY AP Health Writer Moderna’s COVID-19 vaccine brought in nearly $7 billion in the final quarter of 2021, and the drugmaker says it has signed purchase agreements for another $19 billion in sales this year. The vaccine maker’s COVID-19 shots, which are now available in more than 70 countries, totaled $17.7 billion in
Continue ReadingBy TOM MURPHY AP Health Writer COVID-19 vaccine sales jumped 44% for Moderna in the final quarter of 2021, and the drugmaker expects demand for booster shots to fuel more growth in 2022. Moderna said Thursday that it has signed purchase agreements for about $19 billion in sales for 2022 with options for an additional
Continue ReadingBy Julia Horowitz, CNN Business Russian President Vladimir Putin’s decision to invade Ukraine, which could spark the biggest war in Europe since 1945, has immediately stoked alarm among investors, who had been hoping such an outcome would be avoided. What’s happening: News early Thursday that Russian forces had begun an attack on Ukraine, with reports
Continue ReadingDOWNEY, Calif. (AP) — Fire departments say a fire has destroyed more of the historic Los Angeles County Poor Farm. The Downey Fire Department announced Thursday that the fire on the vacant south campus of the Rancho Los Amigos National Rehabilitation Center has been put out. The sprawling campus opened in 1888, offering ranch work
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