By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday defended the Biden administration’s 2021 stimulus package against criticism that it is to blame for high inflation. In her second straight day of testimony, Yellen told lawmakers during a hearing before the House Ways and Means Committee that the American Rescue Plan, signed into
Continue ReadingBy Kara Scannell Lawyers for former President Donald Trump, Ivanka Trump and Donald Trump Jr. have reached an agreement for them to sit for depositions with the New York attorney general’s office beginning July 15 unless a New York appeals court intervenes. In a joint stipulation filed with the court, attorneys for the Trumps and
Continue ReadingThe Associated Press Benchmark U.S. crude oil for July delivery rose $2.70 to $122.11 a barrel Wednesday. Brent crude for August delivery rose $3.01 to $123.58 a barrel. Wholesale gasoline for July delivery rose 6 cents to $4.22 a gallon. July heating oil fell 1 cent to $4.31 a gallon. July natural gas fell 59
Continue ReadingCAMBRIDGE, Mass. (AP) — Harvard University President Lawrence Bacow has announced that he plans to step down next year. Bacow said in a statement Wednesday to the Ivy League university’s community that there is never a good time to step aside. But he says that the time seems right and that he would like to
Continue ReadingBy Jackie Wattles, CNN Business A Japanese company has built a four-legged, rolling robot that looks vaguely like a centaur — boasting two arms with claw-like hands, an arachnid-esque abdomen and two bulging cameras for eyes — and is designed to transverse the surface of the moon. The robot, called the R1, was designed and
Continue ReadingCNN, CNN BUSINESS By Jackie Wattles, CNN Business A Japanese company has built a four-legged, rolling robot that looks vaguely like a centaur — boasting two arms with claw-like hands, an arachnid-esque abdomen and two bulging cameras for eyes — and is designed to transverse the surface of the moon. The robot, called the R1,
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By Matt Petrillo Click here for updates on this story PHILADELPHIA (KYW) — The South Street Headhouse District held its monthly meeting Wednesday. Dozens of businesses say they’re concerned about safety and a lack of police. Business owners are concerned about crowds getting out of control like what happened on South Street last Saturday, and
Continue ReadingVANCOUVER, Wash. (AP) — The City Council in Vancouver, Washington, has passed a measure that would make it illegal to picket outside the homes of city employees and elected officials. Opponents of the move called it an unconstitutional violation of free speech rights. Protests targeting public officials at their homes have become increasingly popular as
Continue ReadingBy REBECCA BOONE Associated Press BOISE, Idaho (AP) — The Federal Communications Commissions has proposed a $34,000 fine against an Idaho man that the agency says interfered with firefighters’ radio communications during a wildfire last year when he alerted them to hazards in the region. The FCC said alleged interference happened while the U.S. Forest
Continue ReadingBy WFOR Staff Click here for updates on this story ORLANDO (WFOR) — The owner of a commercial nursery has won a $1.2 million judgment against the Florida Department of Agriculture in the latest verdict against the state agency for destroying citrus trees in the 2000s during an attempt to stop the spread of costly
Continue ReadingVANCOUVER, Wash. (AP) — The City Council in Vancouver, Washington, has passed a measure that would make it illegal to picket outside the homes of city employees and elected officials. Opponents of the move called it an unconstitutional violation of free speech rights. Protests targeting public officials at their homes have become increasingly popular as
Continue ReadingBy Allison Morrow, CNN Business The agency that oversees Wall Street has proposed major changes to the way millions of everyday investors buy and sell stocks. That could be bad news for so-called free-trading apps like Robinhood as well as the lesser known firms that underpin their business models. Trading could be made fairer for
Continue ReadingBy Spencer Wilson Click here for updates on this story COLORADO (KCNC) — On Tuesday afternoon a jury in Clear Creek County found Shannon and Staci Kent not guilty on all charges of abuse of a corpse and tampering with a deceased body. The court action came after the case was declared a mistrial twice
Continue ReadingBy Kara Scannell Former Trump Organization chief financial officer Allen Weisselberg has added a new white-collar defense attorney to his legal team ahead of his criminal tax trial expected this fall. Nicholas Gravante, an experienced trial attorney who represented another Trump Organization executive, Matthew Calarmari, in the Manhattan District Attorney’s investigation, has joined Weisselberg’s defense.
Continue ReadingMOSCOW (AP) — Russian authorities have kept up their crackdown on critics of its military operation in Ukraine. A court extended the detention of journalist Vladimir Kara-Murza Jr., who is accused of spreading false information about the Russian operation. Authorities also confirmed similar charges have been filed against a Russian investigative journalist and a Russian
Continue ReadingBy STEVE REED AP Sports Writer CHARLOTTE, N.C. (AP) — Carolina Panthers coach Matt Rhule isn’t expecting miracles out of Sam Darnold this season. He just wants the fifth-year quarterback to avoid “catastrophic mistakes,” something that plagued him at times last season and during his first three seasons with the New York Jets. Darnold had
Continue ReadingBy Marshall Cohen With public hearings kicking off this week, the House select committee investigating January 6 is zeroing in on former President Donald Trump, and is preparing to use its platform to argue that he was responsible for grave abuses of power that nearly upended US democracy. The committee’s central mission has been to
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Drivers using Reed Market Road in southeast Bend were stuck for about an hour Wednesday morning when a BNSF Railway train stopped for a needed inspection.
Continue ReadingBy Anna Bahney, CNN Business Mortgage giants Freddie Mac and Fannie Mae announced Wednesday a series of actions that aim to make it easier to buy a home and close the racial homeownership gap, in which 72% of White Americans are homeowners while only 42% of Black Americans own a home. The sweeping changes include
Continue ReadingBy Zoe Sottile, CNN The Salem witch trials may be long over, but at least one witch in Salem, Massachusetts, is still facing attacks. A statue paying tribute to the “Bewitched” TV sitcom in Salem was vandalized on Monday, according to the Salem Police Department. The 9-foot bronze statue, located in Salem’s Lappin Park, shows
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