U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook
WASHINGTON (AP) — The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown. But the outlook is clouded by
Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices
WASHINGTON (AP) — A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal
US FDA proposes excluding weight-loss drugs from compounding list
April 30 (Reuters) – The U.S. Food and Drug Administration on Thursday proposed excluding active ingredients for Novo Nordisk and Eli Lilly’s weight-loss drugs on the list of drugs outsourcing facilities can use for compounding. If finalized,
The Latest: Hegseth faces a second day of Democrats grilling him over the Iran war
Defense Secretary Pete Hegseth will face a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity on Thursday to confront or praise the Pentagon chief over his handling of the Iran
Union Pacific argues for its $85B acquisition of Norfolk Southern in new railroad merger application
OMAHA, Neb. (AP) — Union Pacific hopes regulators will be convinced this time that its $85 billion acquisition of Norfolk Southern that it detailed for the second time Thursday will be good for the country. The U.S.
New ‘bluster’ from Trump? Germany faces new threat about reduced US military presence in Europe
MUNSTER, Germany (AP) — President Donald Trump has again threatened that the United States could reduce its military presence in Germany, a key NATO ally and the European Union’s largest economy. Europeans have heard this before. Trump’s
US weekly jobless claims decrease as labor market conditions remain stable
WASHINGTON, April 30 (Reuters) – The number of Americans filing claims for jobless benefits dropped last week, and the unemployment rate appears to have held steady in April as the labor market continued to show no material
US growth picks up in the first quarter
By Lucia Mutikani WASHINGTON, April 30 (Reuters) – U.S. economic growth picked up in the first quarter on a rebound in government spending after a crippling government shutdown, but the increase is likely temporary as the war
Nick Reed’s Must Read Headlines – 04.30.26
LA: LA Mayoral candidate Spencer Pratt has a new ad that’s making national attention. Spencer Pratt praised for ‘brilliant’ new ad attacking mayoral rivals (New York Post) A catchy, salsa-infused animated campaign video released this week by
Supreme Court hollows out a landmark law that had protected minority voting rights for 6 decades
WASHINGTON (AP) — President Lyndon B. Johnson knew the legislation he was about to sign was momentous, one that took courage for certain members of Congress to pass since the vote could cost them their seats. To