LATEST ARTICLES BY Associated Press
Students Can Now Apply for Federal College Aid. Officials Hope for a Smoother Rollout This Year
The federal FAFSA form used to apply for college financial aid opened to high school seniors across the nation on Thursday, a year after a disastrous rollout by the Biden administration delayed the application for months.
by Associated Press -
The Rising Price of Paying the National Debt Is a Risk for Trump’s Promises On Growth and Inflation
Not only is the federal debt at roughly $36 trillion, but the spike in inflation after the coronavirus pandemic has pushed up the government’s borrowing costs such that debt service next year will easily exceed spending on national security.
by Associated Press -
As US Ramps Up Nuclear Power, Fuel Supplier Plans to Enrich More Uranium Domestically
Centrus is one of several companies working on enriching uranium in the U.S., which is currently dependent on foreign providers. Russia has about 44% of the world’s uranium enrichment capacity.
by Associated Press -
Rental Home Investors Poised to Benefit as Mortgage Rates, High Home Prices Sideline Buyers In 2025
The outlook boil down to a simple thesis: Many Americans will continue to have a difficult time finding a single-family home that they can afford to buy, which will make renting a house an attractive alternative.
by Associated Press -
Federal Reserve’s Likely Slowdown In Rate Cuts Could Disappoint Borrowers
Several surprisingly strong economic reports, combined with President-elect Donald Trump’s policy proposals, have led to a decidedly more cautious tone from the Fed that could mean fewer cuts and higher interest rates than had been expected.
by Associated Press -
New FDA Rules for TV Drug Ads: Simpler Language and No Distractions
Many companies have already adopted the rules, which become binding Nov. 20. But while regulators were drafting them, a new trend emerged: thousands of pharma influencers pushing drugs online with little oversight.
by Associated Press -
US Home Sales Rose In October, Notching Their First Annual Gain In More Than 3 Years
Still, with just two more months left to go this year, existing home sales are on track for the lowest annual home sales since 1995.
by Associated Press -
Volunteers Came Back to Nonprofits in 2023, After the Pandemic Tanked Participation
Nonprofit volunteers have come back after the pandemic according to a new survey from the U.S. Census Bureau and AmeriCorps, but it is not a full return to pre-pandemic rates of volunteerism.
by Associated Press -
Walmart Heads Into the Holiday Season With Strong Momentum After Robust Q3 Results
Walmart ratcheted up sales and profits again in the third quarter, and raised its outlook for the year as well.
by Associated Press -
Judge Tosses Huckabee Lawsuit Against Meta Over Ads Suggesting He Endorsed Marijuana Gummies
The judge concluded that Huckabee, a political commentator and two-time presidential candidate, had failed to allege valid claims for invasion of privacy, unjust enrichment and violation of Arkansas’ Publicity Protection Act.
by Associated Press -
Forget Downtown or The ’Burbs. The Far-Flung Exurbs are Where People are Moving
Outlying communities on the outer margins of metro areas — some as far away as 60 miles (97 kilometers) from a city’s center — had some of the fastest-growing populations last year, according to the U.S. Census Bureau.
by Associated Press -
Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures
Powell, speaking in Dallas, said that inflation is edging closer to the central bank’s 2% target, “but it is not there yet.” At the same time, he said, the economy is strong, and the policymakers can take time to monitor the path of inflation.
by Associated Press -
Retail Sales Up Solidly In October as Americans Showed Continued Willingness to Spend
A 1.6% jump in sales at auto dealers drove much of the gain.
by Associated Press -
The Average Rate on a 30-Year Mortgage In the US Slips to 6.78%
Mortgage rates are influenced by several factors, including the yield on U.S. 10-year Treasury bonds, which lenders use as a guide to price home loans. Bond yields have been rising in recent weeks following encouraging reports on inflation and the economy.
by Associated Press -
Gold Is Suddenly Not So Glittery After Trump’s White House Victory
Part of the decline has coincided with the strengthening of the U.S. dollar against other major currencies.
by Associated Press -
Trump Picks Former Arkansas Gov. Mike Huckabee as Ambassador to Israel
Huckabee is a staunch defender of Israel, and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel’s interests as it wages wars against Hamas in Gaza and Hezbollah in Lebanon.
by Associated Press -
Frustrated Americans Await the Economic Changes They Voted for With Trump
Many economists warn that Trump’s plans are likely to worsen the inflation he’s vowed to eradicate, drive up the federal debt and eventually slow growth.
by Associated Press -
Trump’s Economic Agenda for His Second Term is Clouding the Outlook for Mortgage Rates
LOS ANGELES (AP) — Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House. The president-elect campaigned on a promise […]
by Associated Press -
US Inflation Rose Slightly Last Month After 2 Years of Steady Cooling but Remained Low
Most of the September-to-October increase in consumer prices reflected a rise in rents and housing costs, a trend that Fed officials expect to fade in the coming months.
by Associated Press -
Bitcoin Has Surged to a New Record High. What to Know About Crypto’s Post-Election Rally
With everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, others continue to warn of investment risks.
by Associated Press -