U.S. Economy

China’s deflation could spill over into a global concern, economists say

China’s economic challenges have given rise to deflationary pressures that present a global concern and are likely to accelerate in…

More than 300 people charged in Covid fraud sweep targeting $830 million in stolen money, DOJ says

Federal law enforcement authorities charged hundreds of people in a nationwide sweep targeting more than $830 million in Covid-19 fraud,…

Hawaii wildfires: More than 1,000 people reported missing in Maui weeks after blaze

Law enforcement officials in Maui are racing to locate more than 1,000 people who are reported as missing, two weeks…

Hawaii wildfires caused up to $6 billion in economic losses, Moody’s estimates

The catastrophic wildfires in Maui, Hawaii, have caused between $4 billion and $6 billion in economic losses, according to an…

Recalled baby products sold on Facebook draw the ire of powerful committee in Congress

WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in…

Biden vows Maui will decide how to rebuild after wildfires, promises to help ‘as long as it takes’

President Joe Biden on Monday vowed that the people of Maui will determine how the devastated town of Lahaina is…

Top Republican China hawk says White House investment restrictions fall short

WASHINGTON — A leading House Republican voice on the national security threat posed by China said the White House’s plan…

Judge denies Trump request to delay E. Jean Carroll case, clearing path for January trial

WASHINGTON — A U.S. federal judge on Friday denied former President Donald Trump’s fourth attempt to delay the trial date in a…

Hawaii wildfires: ATF team with electrical engineer investigating cause of deadly blaze

The Bureau of Alcohol, Tobacco, Firearms and Explosives is deploying a team that includes an electrical engineer to investigate the…

Maui emergency chief resigns after defending decision to not activate sirens during wildfire

The head of Maui County’s emergency management agency resigned on Thursday, a day after he defended his decision to not…