Washington — The Supreme Court on Friday again blocked Missouri from using a redrawn map that aims to give Republicans an additional seat in the House for the midterm elections. The high court’s decision clears the way for the state to use House district lines approved in 2022 for the Nov. 3 general election. Ballots…
Mortgage rates soared past 7% last week, reaching their highest level in more than two years, according to data from the Mortgage Bankers Association. The 30-year fixed-rate mortgage rose to 7.12% the week ending Sept. 18, the MBA said. It was last that high in May 2024, according to the mortgage industry group. The higher…
Baby formula maker Abbott Laboratories agreed to pay nearly $385 million to resolve a civil False Claims Act case with the Justice Department and some states stemming from a Cronobacter bacterial contamination at one of its plants in Michigan that manufactures powdered baby formula, the department announced on Monday. Earlier this year, the Justice Department…
The Atlantic is quiet — record quiet — this hurricane season thanks to an enormous El Niño that crushes storms before they get going. No Atlantic hurricanes have formed yet this year and none are likely to form for at least another week, even though this would normally be the peak of the season, according…
Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…
Israel announced on Monday it had recovered the wreckage of the Altalena, an arms-smuggling boat whose sinking by the Israeli military just after the state’s founding in 1948 exposed divisions that persist today. The Altalena had set sail from France loaded with weapons packed for the Irgun, the militant Zionist force that conducted attacks against…
At Chain of Lakes Elementary School in Winter Haven, Florida, Josette Smith’s 9-year-old son, Ethan, gets to do what he loves most: crafts, math, and science. That is, when he isn’t being pulled out of class. Ethan has autism and attention-deficit/hyperactivity disorder. He was diagnosed with autism in kindergarten after displaying behavior that concerned his…
The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation. AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs are also prompting electronics manufacturers to raise prices on smartphones, computers, software and other tech accessories. Consumers are…
Severe weather cut power to nearly 1 million customers in the Midwest as perilous thunderstorms and extreme wind gusts pummeled the region Tuesday. Tornado warning sirens howled as the skies darkened. All flights were temporarily stopped at Chicago’s two major airports, and officials warned of delays as the backlog was cleared. According to the flight…
