The Supreme Court on Friday curtailed the power of federal government agencies to regulate vast parts of American life, overturning a 40-year-old legal precedent long targeted by conservatives who say the government gives unaccountable bureaucrats too much authority. For decades, the court’s decision in Chevron U.S.A. v. Natural Resources Defense Council directed judges to defer to the reasonable interpretations of ...
The victory lap began before the debate was over. Donald Trump’s aides had prepared for him to face the fiery President Biden who showed up to the State of the Union earlier this year. Instead, the former president faced a shaky opponent whose stumbles sent Democrats into a full-blown panic — and Trump largely held back from interrupting to let ...
President Biden and former president Donald Trump took the stage Thursday for the first presidential debate of the general election cycle, and they are scheduled to face off again in less than three months. Biden and Trump agreed in May to participate in two debates: One hosted Thursday by CNN and another hosted by ABC News scheduled for Sept. 10. ...
President Biden from the start of Thursday’s debate spoke with a voice that was thin and raspy — at times, even when delivering lines meant to be forceful, speaking barely above a whisper — and about 10 minutes into the debate he appeared to lose his focus, unable to complete a train of thought. “I really don’t know what he ...
ATLANTA — President Biden struggled through a raspy voice and uneven delivery Thursday to unleash a charged and deeply personal attack on his longtime rival, former president Donald Trump, who responded in kind with a blizzard of personal jibes and falsehoods at the first presidential debate of the cycle. Biden noticeably stumbled at times as he delivered his retorts with ...
Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “funflation,” a term economists use to explain the increasing price tags of live events as consumers hanker for the experiences they lost during the Covid years. “It’s hard to overstate the impact of ...
Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon join Nvidia, Apple, Alphabet and Microsoft, all of which are worth $2 trillion or more. Investors have piled into tech stocks recently as excitement around generative artificial intelligence has reached a fever pitch. ...
If you were looking for a sign of weakness in the U.S. economy, you’re not going to find it at the airport. The Transportation Security Administration reported this week that it screened a record 2.99 million passengers on Sunday — a new high that may not last long. This post appeared first on NBC NEWS ...
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate in more than three years. The core personal consumption expenditures price index increased just a seasonally adjusted 0.1% for the month and was up 2.6% from a year ago, the latter number down 0.2 percentage point from the April level, ...
Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities. The legendary investor, who’s turning 94 in August, converted 8,674 of his Berkshire Class A shares to donate more than 13 million Class B shares, according to a statement Friday. A total of 9.93 million shares went to the Bill & ...