The policymakers said the economy is growing at a solid pace, while hiring has ‘remained strong’ and there has been ‘modest’ further progress toward its 2% inflation target.
Nation & World
National and world news from the Kennebec Journal and Morning Sentinel.
Posted inNation & World
Blinken says some of Hamas’ proposed changes to cease-fire plan in Gaza are workable, some not
The Iran-backed ally of Hamas has traded fire with Israel nearly every day since the 8-month-long war began and says it will only stop if there is a truce in Gaza.
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What’s next for Hunter Biden after his conviction on federal gun charges
The 3 counts carry up to 25 years in prison. But in the federal system, first-time offenders don’t get anywhere near the maximum sentence.
Posted inBusiness, Nation & World
A brew of ancient coca is Bolivia’s buzzy new beer. But it’s unclear if the world will buy in
A United Nations convention classifies coca leaf as a narcotic and imposes a blanket prohibition on drugs. However, last fall the World Health Organization announced it would launch a scientific review of coca’s non-narcotic benefits.
Posted inNation & World
Manhattan DA and Trump prosecutor will appear before Congress next month
Alvin Bragg and Michael Colangelo will face what’s likely to be a hostile, Republican-controlled hearing where chairman Rep. Jim Jordan has accused both men of ‘political prosecution.’
Posted inNation & World
Mexico’s tactic to cut immigration to U.S.: wear out migrants
Mexican President Andrés Manuel López Obrador argues busing migrants to the country’s southern cities protects them ‘because crossing to the north is very risky.’
Posted inBusiness, Nation & World
Watchdog investigates UAW president, accuses union of being uncooperative
The monitor says the union has made employees and senior leaders available for interviews but hasn’t provided relevant documents in a timely manner.
Posted inBusiness, Nation & World
U.S. gas prices falling. Experts point to mild demand ahead of summer travel
If there are no major unexpected interruptions, prices could keep trending down.
Posted inNation & World
U.S. lifts ban on sending weapons to controversial Ukrainian military unit
The U.S. had banned the regiment from using American weapons, citing the neo-Nazi ideology of some of its founders.
Posted inNation & World, News
Hunter Biden convicted of all 3 felonies in federal gun trial
Jurors found him guilty of lying to a federally licensed gun dealer, making a false claim on the application by saying he was not a drug user and illegally having the gun for 11 days.