The federal government plans to start excavation over the next two weeks on a massive triumphal arch across the Potomac River from Washington, D.C., Secretary of the Interior Doug Burgum said Thursday, launching a controversial project championed by President Trump. Construction at the site is expected to take two to three years, with an intense…
The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — held at a 3.7% annual pace in July, slightly higher than forecasted and reflecting persistent cost pressures for consumers. Economists polled by FactSet had predicted a 3.6% annual increase. Wednesday’s report instead showed that inflation remained unchanged from June. PCE tracks changes…
Federal officials announced sharp water cuts for the next two years on Friday for three Western states that rely on the imperiled Colorado River. Under the Bureau of Reclamation’s plan, California, Nevada and Arizona will collectively reduce water use by 1.25 million acre-feet annually during that period, with the possibility of larger cuts depending on…
A bond sell-off driven by investor fears over inflation and rising government debt has rattled markets and threatened to raise borrowing costs for everyday Americans looking to purchase a home or car. The yield on the 30-year Treasury reached 5.3% earlier this week, its highest level since 2007, while the 10-year Treasury yield, which influences…
Washington — The top federal prosecutor in Washington, D.C., said a woman has been arrested and faces two felony charges related to vandalism of the World War II Memorial in the capital. Melissa Farris has been charged with depredation against property of the United States and destruction of veterans’ memorials, U.S. Attorney Jeanine Pirro said…
Multi-platinum singer Becky G’s mission goes beyond music with her latest album. The global star said in an exclusive interview with “CBS Mornings” that visuals for her new music are where her advocacy and art “really came together.” “It was emotional for me,” she told “CBS Mornings” co-host Gayle King while reflecting on the music…
White House officials have asked the Justice Department to weigh whether it is possible to bring a new criminal case against David Hearn, the former Olympian who was accused of vandalizing the Lincoln Memorial’s Reflecting Pool, after federal prosecutors moved to dismiss the indictment against him earlier this month, according to multiple sources familiar with…
BANNU/SWAT: A terrorist attack on the Chatkekal police post near Jarogo Waterfall in Upper Swat was foiled after police personnel mounted a strong counterattack late on Sunday night, District Police Officer (DPO) Mushtaq Ahmad said. According to police, more than 12 terrorists surrounded the post and opened fire from all sides. The police personnel deployed…
LAKKI MARWAT: A constable was martyred and another sustained bullet wounds while on duty in an attack in the Saeedkhel area of Khyber Pakhtunkhwa’s Lakki Marwat district on Sunday, police said. District police officer’s spokesperson Qudratullah Khan told Dawn that the cops were attacked near the Saeedkhel graveyard, in the limits of the City Police…
The top federal prosecutor in the nation’s capital carted a box full of evidence to the White House on Monday, in a bid to prove to President Trump that the damage to the Reflecting Pool was caused by shoddy construction and not by vandals, sources familiar with the matter told CBS News on Tuesday. U.S….
