Login | October 02, 2024
The Daily Legal News
Business
The Fed sees its inflation fight as a success. Will the public eventually agree?
WASHINGTON (AP) — With its larger-than-usual half-point cut to its key interest rate, the Federal Reserve underscored its belief that it's all but conquered inflation after three long years.
The public at large? Not so much.
Consumer surveys, including one released Friday by The Associated Press-NORC Center for Public ... (full story)
Before you sign up for a store credit card, know what you're getting into
NEW YORK (AP) — When Mykail James was 19 and working a holiday job at Victoria's Secret, she took out a store credit card with a $2,000 credit line.
When her school break was over, she realized she could no longer afford the payments. After missing a few, she paid off the card only to find that her credit score had decreas ... (full story)
The ABCs of ESGs
Q: What's an ESG score? -- J.F., Bridgeport, West Virginia
A: It's a number that describes how well a company addresses environmental, social and governance (ESG) issues. The score reflects how well the company protects the environment; how well it serves not only shareholders but also customers, employees and suppliers; and how ... (full story)
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
WASHINGTON (AP) — The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China's global dominance in battery production for EVs and other electronics.
The grants will fund a ... (full story)
Local
Denver's experiment in providing a soft landing for newly arrived migrants and asylum-seekers isn't cheap – but doing nothing might cost more
(THE CONVERSATION) The burden of supporting asylum-seekers with food and housing often falls to cities, creating severebudget crunches. But Denver is piloting a new approach designed to integrate immigrants into the workforce faster.
The Denver Asylum Seekers Program offers six months of rent-free housing along with legal assist ... (full story)
Gun violence in Philadelphia plummeted in 2024 − researchers aren't sure why, but here are 3 factors at play
(THE CONVERSATION) Philadelphia experienced a surge in shootings and homicides during the COVID-19 years that disproportionately affected young Black and Latino men in economically disadvantaged neighborhoods with drug markets.
In 2020, Philadelphia had 499 homicides – nearly 150 more than the previous year. Gun violence w ... (full story)
State
AP Explains: Migration is more complex than politics show
For decades politicians in both parties have bemoaned a U.S. immigration system that virtually all call broken. Attempts at comprehensive reform have failed and popular emotion and partisan rancor have it a new high over the last two years as cities and towns struggled to accommodate migrants.
With emotions high, Republican-led ... (full story)
Vouchers ease start-up stress for churches launching Christian schools
Florida pastor Melvin Adams knows a few hours of church programming every week is no match for the more than 30 hours children spend at secular schools, absorbing lessons that he says run counter to their family's Christian beliefs.
Like other theologically conservative pastors in Florida and beyond, he decided his Nazarene chur ... (full story)