WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth. The IMF now envisions 3.2% worldwide expansion this year, up a tick from the 3.1% […]

WASHINGTON (AP) — President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election. The Education Department on Tuesday filed paperwork for a new regulation that would deliver the cancellation […]

WASHINGTON (Reuters) – U.S. single-family homebuilding tumbled in March after hefty gains in the prior month, and while demand for housing remains strong, a resurgence in mortgage rates is pushing potential buyers to the sidelines. Single-family housing starts, which account for the bulk of homebuilding, dropped 12.4% to a seasonally adjusted annual rate of 1.022 […]

WASHINGTON (AP) — President Joe Biden’s administration will help 50 countries identify and respond to infectious diseases, with the goal of preventing pandemics like the COVID-19 outbreak that suddenly halted normal life around the globe in 2020. U.S. government officials will work with the countries to develop better testing, surveillance, communication and preparedness for such […]

AUGUSTA, Maine (AP) — A series of gun safety bills introduced after the deadliest shooting in Maine history appears to be headed toward final passage as the state Legislature races to wrap up its session this week. The House followed the Senate on Monday in approving the governor’s omnibus gun safety bill that strengthens the […]