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In a reversal from previous years’ pollution reductions, the United States spewed 2.4% more heat-trapping gases from the burning of fossil fuels in 2025 than in the year before, researchers calculated in a study released Tuesday. The increase in greenhouse gas emissions is attributable to a combination of a cool winter, the explosive growth of data centers and cryptocurrency mining, and higher natural gas prices, according to the Rhodium Group, an independent research firm. Environmental policy rollbacks by President Donald The President’s administration were not significant factors in the increase because they were only put in place this year, the study authors said.…

Inflation likely remained elevated last month as the cost of electricity, groceries, and clothing may have jumped and continued to pressure consumers’ wallets. The Labor Department is expected to report that consumer prices rose 2.6% in December compared with a year earlier, according to economists’ estimates compiled by data provider FactSet. The yearly rate would be down from 2.7% in November. Monthly prices, however, are expected to rise 0.3% in December, faster than is consistent with the Federal Reserve’s 2% inflation goal. The figures are harder to predict this month, however, because the six-week government shutdown last fall suspended the collection of price dat…

When Bianca Jones, a 33-year-old special education teacher in Memphis, Tennessee, decided a couple of years ago that she wanted to buy a house, she started digging into her Experian credit report. She was shocked by what she found. Her student debt had been double-counted, making it look as though she owed a quarter of a million dollars and putting home ownership out of reach. Jones disputed the items with Experian, one of the major credit reporting agencies, multiple times in writing and over the phone, but got nowhere. “They kept saying it’s been verified, it’s been verified…They never investigated. They never tried to remove it,” Jones said in an interview. …

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow’s brutal war on Ukraine. U.S. benchmark crude jumped 5.8%, to $61.91 per barrel midday Thursday, and analysts say if the situation remains static, U.S. consumers will soon be paying more at the pump. Patrick De Haan, head of petroleum analysis for GasBuddy, said while it was difficult to predict with certainty because of the number of moving parts, consumers will likely see a bump in prices as early as next week, if not sooner. “We’ll probably start to see motorists be i…

Eight months into the second The President administration, what’s most striking about its cybersecurity policy is what’s missing: Much of the workforce of the Cybersecurity & Infrastructure Security Agency, a permanent leader for the agency, and a public discussion about what the president did to its two previous directors. On top of this, CISA and other federal information-security offices have been plunged into this turmoil even as digital threats continue to escalate, with Chinese and North Korean attackers regularly breaking into critical U.S. systems. The next cybersecurity crisis could come in the form of yet another penetration of corporate or governme…

Graphite mines in the United States largely closed down seven decades ago. Mining the ubiquitous mineral found in everything from nuclear reactors to pencils seemed to make little sense when it could be imported inexpensively from other nations, especially China. That view is changing now. Demand for graphite, a key material in the lithium-ion batteries that power everything from phones to electric cars, is surging as trade tensions with China persist. With federal officials concerned about the steady supply of a number of critical minerals, several companies have plans to mine graphite. In New York, Titan Mining Corp. has mined a limited amount of ore from a …

Drugmakers plan to raise U.S. prices on at least 350 branded medications including vaccines against COVID, RSV and shingles and blockbuster cancer treatment Ibrance, even as the The President administration pressures them for cuts, according to data provided exclusively by healthcare research firm 3 Axis Advisors. The number of price increases for 2026 is up from the same point last year, when drugmakers unveiled plans for raises on more than 250 drugs. The median of this year’s price hikes is around 4% — in line with 2025. The increases do not reflect any rebates to pharmacy benefit managers and other discounts. DRUGMAKERS ALSO CUT SOME PRICES Drugmakers a…

An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth. U.S. gross domestic product — the nation’s output of goods and services — rebounded in the spring from a 0.6% first-quarter drop caused by fallout from President Donald The President’s trade wars, the Commerce Department said Thursday. The department had previously estimated second-quarter growth at 3.3%, and forecasters had expected a repeat of that figure. The first-quarter GDP drop, the first retreat of the U.S. economy in three years, was mainly caused by a s…

The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, as government and consumer spending, as well as exports, all increased. U.S. gross domestic product from July through September — the economy’s total output of goods and services — rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said Tuesday in a report delayed by the government shutdown. Analysts surveyed by the data firm FactSet forecast growth of 3% in the period. However, inflation remains higher than the Federal Reserve would like. The Fed’s favored inflation gauge — called the personal consumption expenditur…

U.S. employers added a surprisingly solid 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown. The unemployment rate rose to 4.4% in September, the highest since October 2021 and up from 4.3% in August, the Labor Department said Thursday. The unemployment rate rose partly because 470,000 people entered the labor market—either working or looking for work—in September and not all of them found jobs right away. The increase in payrolls was more than double the 50,000 economists had forecast. But Labor Department revisions showed that the economy lost 4,000 jobs in Augus…

U.S. President Donald The President said on Wednesday that the United States would withdraw from dozens of international and U.N. entities, including a key climate treaty and a U.N. body that promotes gender equality and women’s empowerment, because they “operate contrary to U.S. national interests.” Among the 35 non-U.N. groups and 31 U.N. entities The President listed in a memo to senior administration officials is the U.N. Framework Convention on Climate Change — described by many as the “bedrock” climate treaty which is parent agreement to the 2015 Paris climate deal. The United States skipped the annual U.N. international climate summit last year for the firs…

The The President administration is loosening rules to help U.S. automakers like Elon Musk’s Tesla develop self-driving cars so they can take on Chinese rivals. U.S. companies developing self-driving cars will be allowed exemptions from certain federal safety rules for testing purposes, the Transportation Department said Thursday. The department also said it will streamline crash reporting requirements involving self-driving software that Musk has criticized as onerous and will move toward a single set of national rules for the technology to replace a patchwork of state regulations. “We’re in a race with China to out-innovate, and the stakes couldn’t be higher,” s…

The U.S. Mint unveiled the designs for coins commemorating the 250th anniversary of American independence next year. They depict the founding documents and the Revolutionary War, but so far, not President Donald The President, despite a push among some of his allies to get his face on a coin. The Mint abandoned designs developed during Joe Biden’s presidency that highlighted women’s suffrage and civil rights advancements, favoring classical depictions of America over progress toward a more inclusive society. A series of celebrations are planned next year under the banner America 250, marking the anniversary of the adoption of the Declaration of Independence. All U.S. co…

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week. The average long-term mortgage rate moved up to 6.22% from 6.17% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.79%. Last week’s average rate was the lowest since Oct. 3, 2024, when it was 6.12%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week. The average rate rose to 5.5% from 5.41% last week. A year ago, it was 6%, Freddie Mac said. Mortgage rates are influenced by several factors, from the Fe…

In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet. It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic — the U.S. hit $37 trillion in gross national debt in August this year. The $38 trillion update is found in the latest Treasury Department report, which logs the nation’s daily finances. Kent Smetters of the University of Pennsylvania’s Penn Wharton Budget Model, who served in President George W. Bush’s Treasury Department, told The Associated Press that a…

The United States on Monday announced a $2 billion pledge for U.N. humanitarian aid as President Donald The President’s administration continues to slash U.S. foreign assistance and warns United Nations agencies to “adapt, shrink or die” in a time of new financial realities. The money is a small fraction of what the U.S. has contributed in the past but reflects what the administration believes is a generous amount that will maintain the United States’ status as the world’s largest humanitarian donor. The pledge creates an umbrella fund from which money will be doled out to individual agencies and priorities, a key part of U.S. demands for drastic changes across the worl…