Yearly Archives: 2024

Retail Sales Up Solidly in October as Americans Showed Continued Willingness to Spend

Retail Sales Up Solidly in October as Americans Showed Continued Willingness to Spend

WASHINGTON (AP) — Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, a solid increase though less than the previous month’s robust 0.8% gain. A 1.6% jump in sales at auto dealers drove…MORE

Trump Names Interior-Designee Doug Burgum to Head New White House Council on Energy

Trump Names Interior-Designee Doug Burgum to Head New White House Council on Energy

WASHINGTON (AP) — President-elect Donald Trump said Friday that North Dakota Gov. Doug Burgum, Trump’s choice to head the Interior Department, will also head a newly created National Energy Council that will seek to establish U.S. “energy dominance” around the world. Trump said Burgum will oversee a panel that crosses all executive-branch agencies involved in…MORE

Judge Blocks Biden Administration’s Rule to Expand Overtime Pay for Millions

Judge Blocks Biden Administration’s Rule to Expand Overtime Pay for Millions

NEW YORK (AP) — A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of Texas and a group of business organizations…MORE

Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures

Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures

WASHINGTON (AP) — Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Powell, speaking in Dallas, said inflation is edging closer to the…MORE

Ben & Jerry’s Lawsuit Accuses Parent Company of Censorship Over Gaza

Ben & Jerry’s Lawsuit Accuses Parent Company of Censorship Over Gaza

Ben & Jerry’s has sued its parent company Unilever accusing it of silencing the ice cream maker from making statements in support of Palestinians in the war in Gaza. The complaint filed Wednesday in federal court in New York says multi-national conglomerate Unilever has failed to adhere to its contractual obligations in merger and settlement…MORE

DFW’s Morning News-Transition of Power

DFW’s Morning News-Transition of Power

DFW’s Morning News speaks with Dr. Paula Price about the seemingly smooth transition of power so far between President Biden and President-Elect Trump.MORE