The Justice Department is suing Norfolk Southern, accusing the private rail company illegally holding up Amtrak trains on a line that runs from New York to New Orleans.
Nation / World
National and world news from the Sun Journal.
Posted inBusiness, Nation / World, News
U.S. oil and gas must cut methane 80% to meet industry targets, new data shows
On average, data collected from the Environmental Defense Fund shows around 1.6% of gross gas production is released as methane into the atmosphere.
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Posted inBusiness, Nation / World, News
U.S. weighs new restrictions on China’s access to AI memory chips
The new restrictions are likely to be unveiled as soon as late August as part of a broader package that also includes sanctions against more than 120 Chinese firms.
Posted inBusiness, Nation / World, News
Federal Reserve says September interest rate cut could be ‘on the table’ as inflation cools
The Fed is seeking to strike a delicate balance: It wants to keep rates high enough for long enough to quell inflation, but also wants to avoid keeping borrowing costs so high that it triggers a recession.
Posted inBusiness, Nation / World, News
Fed poised to keep rates steady. But rate cuts aren’t far off.
Officials are taking their time because they’ve been thwarted by the economy’s unexpected turns before.
Posted inNation / World
Hamas’ top political leader is killed in Iran in strike that risks triggering all-out regional war
The killing could prompt Hamas to pull out of negotiations for a cease-fire and hostage release deal.
Posted inElection 2024, Nation / World
At Georgia rally, Harris dares Trump to ‘say it to my face’ and debate her
About a week ago, the state appeared to be slipping out of Democrats’ reach. Now that President Biden has bowed out of the race, the party is expressing new hopes.
Posted inNation / World
Investigation finds at least 973 Native American children died in U.S. government boarding schools
In their initial findings 2 yeas ago, Interior Department officials estimated more than 500 American Indian, Alaska Native and Native Hawaiian children died at the institutions.
Posted inBusiness, Nation / World
Stores lure back-to-school shoppers with deals and ‘buy now, pay later’ plans
Many appreciate the flexibility, but consumer advocates have expressed concerns that the growth of the payment method may ultimately leave Americans in more debt.
Posted inNation / World, New England, News
More flooding hits Vermont with washed-out roads, smashed vehicles and destroyed homes
Vermont has experienced four flooding events in the last year, and the combination of climate change and the state’s mountainous geography are big reasons.