U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
The U.S. economy remained resilient early this year, with a strong job market fueling robust…
The U.S. economy remained resilient early this year, with a strong job market fueling robust consumer spending. The trouble is that inflation was resilient, too. Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year, the Commerce Department said on Thursday. That was down…
At least 200 people were killed and dozens more were injured across East Africa in recent days, officials and aid groups said, as torrential rains, floods and landslides pummeled towns and cities in a region already grappling with the devastating effects of the climate change crisis and dilapidated infrastructure in poor areas. The extreme rains…
The heights they are reaching have become comical, two golfers taking over their respective sports with such dominance that — at least for this moment — it’s difficult to imagine anyone beating them. Nelly Korda just won her fifth straight start, ending with a major, the Chevron Championship. Scottie Scheffler just won four of five…
The Supreme Court’s conservative majority appeared ready on Thursday to rule that former presidents have some degree of immunity from criminal prosecution, a move that would further delay the criminal case against former President Donald J. Trump on charges that he plotted to subvert the 2020 election. Such a ruling would most likely send the…
Honda Motor on Thursday said it and several suppliers would invest $11 billion to build batteries and electric cars in Ontario, a significant commitment from a company that has been slow to embrace the technology. Like Toyota and other Japanese carmakers, Honda has emphasized hybrid vehicles, in which gasoline engines are augmented by electric motors,…