Vulnerable Democrats have championed the move ahead of the midterm elections, but experts remain skeptical that suspending the federal tax would benefit consumers much.
A 5.9-magnitude earthquake in Afghanistan has killed at least 920 people and injured many more. Officials warned that the casualty number could increase and the Taliban has asked foreign aid agencies for help.
Most Americans now carry some immune protection, experts said, whether from vaccines, infection or both.
A Supreme Court environmental case being decided this month is the product of a coordinated, multiyear strategy by Republican attorneys general and conservative allies.
The number of firearms in the U.S. is outpacing the country’s population, as an emboldened gun industry and its allies target buyers with rhetoric of fear, machismo and defiance.
In a speech at an economic forum, he called the U.S. a fading power and said sanctions on Russia, not the Ukraine war, are hurting Western economies.
In its third public hearing to lay out its findings, the House committee investigating the Jan. 6 attack showed evidence that the president knew his order to the vice president was unlawful.
Central bankers raised interest rates by three-quarters of a percentage point, and signaled that they expect rates to be sharply higher by the end of the year.
While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.
U.S. stock markets were poised for a modest recovery after a rout that sent the S&P 500 into a bear market, while bitcoin remained under pressure after selling off sharply in recent days.
U.S. Treasury yields have surged to new multiyear highs, reflecting uncertainty over how high the Fed will have to raise interest rates to tame inflation.14 min read
A string of troubling inflation reports is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected interest-rate increase at their meeting this week.
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