Economy
Federal board sides with Navajo coal company, says BNSF Railway must ship to Canadian port HELENA, Mont. (AP) — A federal board has sided with one of the largest coal producers in the United States in a contract dispute with a major freight railroad, ordering BNSF Railway to transport at least 4.2 million tons of…
Biden’s broadband plan aims to connect every home and business in U.S. by 2030. What’s next? By KAVISH HARJAI Associated Press Southwestern New Mexico is poised to become a center of economic vitality, according to Christie Ann Harvey, but it might not reach its full potential without better internet service. Harvey, who runs a nonprofit…
Biden is eager to run on the economy — ‘Bidenomics’ — but voters have their doubts By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is eager to take full political ownership of the U.S. economy — a reflection of the White House belief that inflation is fading, job growth is solid and…
According to GasBuddy’s weekly survey of 494 stations in Wyoming, average gasoline prices in the Equality State have risen 1.4 cents per gallon in the last week, averaging $3.47/g on Monday, June 5. Prices in Wyoming are 8.5 cents per gallon higher than a month ago and 105.3 cents per gallon lower than a year…
US hiring jumped last month. So did unemployment. Here’s what that says about the economy By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately…
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default By CHRIS MEGERIAN Associated Press WASHINGTON (AP) — With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt. It was a decidedly low-key…
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress By LISA MASCARO, ZEKE MILLER, FARNOUSH AMIRI and MICHELLE L. PRICE Associated Press WASHINGTON (AP) — With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement…
The Petroleum Association of Wyoming (P.A.W.) and American Petroleum Institute (A.P.I.) released new analysis on the growing economic contributions of America’s natural gas and oil industry in all 50 states, including investment in Wyoming ranging from taxes and workforce wages paid to indirect and induced jobs in retail, manufacturing, agriculture, and other sectors throughout the…
How will we know if the US economy is in a recession? By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive. Many economists, though, still…
Yellen to tell Congress US banking system ‘remains sound’ By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation’s banking system “remains sound” and Americans can feel “confident” about their deposits. Yellen…