WASHINGTON (AP) — The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a slight upgrade from its previous estimate. Consumer spending grew at just a 1.5% rate, down from an initial estimate of 2%, in a sign that high […]
PORTLAND, Ore. (KOIN) – In less than two months, House Bill 4002 will go into effect and officially reintroduce criminal penalties for those who possess drugs. But under Multnomah County’s new deflection program, people caught using drugs can avoid arrest — and still walk away without mandated treatment. Off-duty Washington County deputy killed in crash […]
(Reuters) – Skydance Media last week revised its offer for Paramount Global to buy up to a certain number of non-voting Paramount shares at $15 each, the Wall Street Journal reported on Sunday citing people familiar with the matter. The new proposal values Paramount B-shares at a roughly 26% premium to Friday’s close, the report […]
A Harvard senior who went viral for her graduation speech, in which she criticized the school for its response to pro-Palestine protests, has shared new details about the lead-up to the moment, including how she planned the addendum the night before. In a dramatic moment at Harvard’s university wide commencement last week, student speaker Shruthi […]
The price of West Texas Intermediate (WTI) crude oil is approaching the $80 per barrel mark and is likely to remain strong this year. The U.S. Energy Information Administration (“EIA”) projects WTI oil to average $83.05 per barrel in 2024, a notable increase from last year’s $77.58. Contributing to the strength of commodity prices are […]
(Reuters) -The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending, the Commerce Department reported on Thursday. Gross domestic product – the broadest measure of economic activity – grew at an 1.3% annualized rate from January through March, down from the advance estimate of 1.6% and […]
WASHINGTON (AP) — The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said Thursday in a downgrade from its previous estimate. Consumer spending rose but at a slower pace than previously thought. The Commerce Department had previously estimated that the nation’s gross domestic product — the total output […]
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TOKYO (AP) — Japan’s parliament on Friday passed a revision to the country’s civil code that will allow divorced parents the option of joint child custody, a change that brings the nation in line with many other countries. The revision, the first to custody rights in nearly 80 years, is to take effect by 2026. […]
BERLIN (AP) — A local council in Germany approved a plan by electric carmaker Tesla to expand the grounds of its first plant in Europe, a proposal which has drawn persistent protests this year. Councilors in the Gruenheide municipality, just outside Berlin, voted 11-6 Thursday evening with two abstentions in favor of the plan, German […]
WASHINGTON (AP) — Former Rep. Jeff Fortenberry has been charged with lying to federal authorities about a foreign billionaire’s illegal $30,000 contribution to his campaign, reviving a case that was derailed by an appellate court. A federal jury convicted the Nebraska Republican in 2022, but the 9th U.S. Circuit Court of Appeals reversed Fortenberry’s conviction […]
By Nidal al-Mughrabi, Steve Holland and Mohammad Salem CAIRO/WASHINGTON/RAFAH, Gaza Strip (Reuters) – The United States believes the remaining differences between Israel and Hamas can be bridged in negotiations over the Palestinian militant group’s latest ceasefire proposal, as talks resume in Cairo on Wednesday. Israeli forces on Tuesday seized the main border crossing between Gaza […]