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Trump begins firings of FAA air traffic control staff just weeks after fatal DC plane crash

WASHINGTON (AP) — The Trump administration has begun firing several hundred Federal Aviation Administration employees, upending staff on a busy air travel weekend and just weeks after a January fatal mid-air collision at Ronald Reagan Washington National Airport. Probationary workers were targeted in late night emails Friday notifying them they had been fired, David Spero, president of the Professional Aviation Safety Specialists union, said in a statement. The impacted workers include personnel hired for FAA radar, landing and navigational aid maintenance, one air traffic ...

Can suspending a cage-free egg law solve the soaring price problem? Nevada takes a crack at it

LAS VEGAS (AP) — Back when egg prices remained securely under $2 a dozen in 2021, Nevada joined several other states concerned about animal welfare in requiring cage-free eggs. Now four years later, a dozen eggs costs an average of nearly $5 in the U.S. because of the lingering bird flu, so Nevada passed a law the governor signed Thursday that will allow the state to suspend that law temporarily in hopes of getting residents some relief at the checkout counter. But it is not quite that simple, which is why the other six states with the same laws are so far reticent to follow ...

U.S. inflation got worse with rising groceries and gasoline prices

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts. The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% in September. The new data shows that inflation has remained stubbornly above the Fed’s 2% target for roughly ...

Federal Reserve chair Powell says bank accounts ‘safe’ despite Trump’s teardown of consumer protection agency

WASHINGTON (AP) — Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying before the Senate Banking Committee, said “bank accounts overall across the economy are safe” and backed by government deposit insurance. Powell’s comments followed partisan comments from Republican and Democratic senators regarding the Trump administration’s order over the weekend for the Consumer Financial Protection Bureau to end all of its supervisory and ...