WASHINGTON (AP) — President Donald Trump’s administration has proposed revoking a scientific finding that’s long been the central basis for U.S. action to regulate greenhouse gas emissions and fight climate change. The proposed Environmental Protection Agency rule rescinds a 2009 declaration that determined carbon dioxide and other greenhouse gases endanger public health. The “endangerment finding”…… MORE
Trump’s Tariffs Could Squeeze US Factories And Boost Costs By Up To 4.5%, A New Analysis Finds
WASHINGTON (AP) — A new analysis suggests President Donald Trump’s tariffs could increase factory costs by 2% to 4.5%. The analysis highlights potential challenges for domestic manufacturers relying on global supply chains just as the Republican president prepares to announce tariff hikes he says will boost the U.S. economy. While the U.S. stock market shows…… MORE
Federal Reserve Likely To Air Divisions As It Keeps Rates Unchanged
WASHINGTON (AP) — Two top Federal Reserve officials could dissent from the central bank’s likely decision Wednesday to hold its key interest rate steady, a sign of division reflecting the economy’s muddy outlook as well as the jockeying to replace Chair Jerome Powell when his term ends next year. The division could be a preview…… MORE
Union Pacific And Norfolk Seek 1st Transcontinental Railroad Through A Massive Merger
OMAHA, Neb. (AP) — Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers across the country. The proposed merger, announced Tuesday, would marry Union Pacific’s rail network in the West with Norfolk’s…… MORE
Microsoft Authenticator Is Ending Password Autofill Soon
NEW YORK (AP) — If you’re a Microsoft Authenticator user, you’ve probably received at least one notice that the app’s password management features are no longer usable and that your stored passwords will be inaccessible starting Aug. 1 unless you have the Edge browser. Authenticator has been a staple in providing multi-factor authentication, one-time passwords…… MORE
US Consumer Confidence Improves Slightly In July, But Americans Remain Concerned About Tariffs
WASHINGTON (AP) — Americans’ view of the U.S. economy improved this month, but Americans remain concerned about the impact of tariffs on their economic futures. The Conference Board said Tuesday that its consumer confidence index rose two points to 97.2 in July, up from 95.2 the previous month. In April, American consumers’ confidence in the…… MORE
Starbucks Looks To Protein Drinks And Other New Products To Turn Around Lagging US Sales
Starbucks says it plans to add a cold foam protein drink, coconut water-based beverages and improved baked goods to its menu to help turn around the company’s lagging U.S. sales. In the meantime, slow U.S. demand continues to be a drag on the company’s results. Seattle-based Starbucks reported on Tuesday that its revenue rose 4%…… MORE
Stellantis CEO Targets US Turnaround As Carmaker Faces $1.7 Billion Hit From Tariffs This Year
MILAN (AP) — Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year. The announcement on Tuesday is five times the hit taken in the first six months of the year when the carmaker tallied losses of $2.65 billion. The maker of Jeep, Chrysler, Fiat and Peugeot cars said that net…… MORE
Experts Dissect Trade Deal with the EU
(WBAP/KLIF) — While the Trump Administration has announced a massive trade deal with the 27-member European Union (EU), many are wondering what the price impact will be on EU products. Experts are dissecting the newly announced trade deal reached with the EU, imposing a 15% tariff on all imports into the U.S. According to Michelle…… MORE
Sweeping Gag Order For Collin County Track Meet Stabbing Case
(WFAA) (WBAP/KLIF) – FRISCO, Texas — A Collin County judge Monday issued a sweeping gag order in the Frisco track meet stabbing case, which has drawn national attention. The order, signed by Judge John Roach, bars parties to the case, law enforcement, witnesses, and expert consultants from speaking about the case to the media or…… MORE
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