Jack Spear
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The Federal Reserve's preferred inflation measure was released today and it shows prices barely budged last month. Prices were up one-tenth of one percent. That's a positive sign after months of increasing price pressures and shows the central bank may still be moving towards its goal of two percent inflation. Stocks rallied on Wall Street today after the better than expected numbers.
The Dow up 498 points. The Nasdaq was up 199 points. This is NPR. In Germany, officials at automaker Volkswagen say a deal has been reached on wages, the agreement warding off the prospect of plant closings there and barring involuntary layoffs through 2030. The company did say, however, the agreement would include provisions to responsibly cut more than 35,000 jobs over that same period.
The Dow up 498 points. The Nasdaq was up 199 points. This is NPR. In Germany, officials at automaker Volkswagen say a deal has been reached on wages, the agreement warding off the prospect of plant closings there and barring involuntary layoffs through 2030. The company did say, however, the agreement would include provisions to responsibly cut more than 35,000 jobs over that same period.
A Texas death row inmate was summoned to testify before a House panel for the first time since being convicted more than 20 years ago, but an order from the Texas Attorney General barred the inmate from appearing. KUT's Lois Morano Lozano is the latest.
A Texas death row inmate was summoned to testify before a House panel for the first time since being convicted more than 20 years ago, but an order from the Texas Attorney General barred the inmate from appearing. KUT's Lois Morano Lozano is the latest.
Netflix says it secured the U.S. broadcasting rights to the Women's World Cup both in 2027 and 2031. That says the streaming media company continues its push into live sports. Deal announced today is the most significant the sports organizing body FIFA has signed with the streaming service to carry out a major tournament. Terms of the deal were not disclosed.
Netflix says it secured the U.S. broadcasting rights to the Women's World Cup both in 2027 and 2031. That says the streaming media company continues its push into live sports. Deal announced today is the most significant the sports organizing body FIFA has signed with the streaming service to carry out a major tournament. Terms of the deal were not disclosed.
Crude oil futures prices moved higher, oil up $0.08 a barrel. I'm Jack Spear, NPR News in Washington.
Crude oil futures prices moved higher, oil up $0.08 a barrel. I'm Jack Spear, NPR News in Washington.
Live from NPR News in Washington, I'm Jack Spear. House lawmakers appear to have voted to approve a temporary stopgap spending measure at this hour. The latest attempt was similar to a measure that failed yesterday, with one major exception. ignoring President-elect Donald Trump's demand for a debt ceiling increase.
Live from NPR News in Washington, I'm Jack Spear. House lawmakers appear to have voted to approve a temporary stopgap spending measure at this hour. The latest attempt was similar to a measure that failed yesterday, with one major exception. ignoring President-elect Donald Trump's demand for a debt ceiling increase.
The ranking Democrat on the committee, Connecticut Representative Rosa DeLauro, meanwhile, said she preferred the initial bipartisan deal.
The ranking Democrat on the committee, Connecticut Representative Rosa DeLauro, meanwhile, said she preferred the initial bipartisan deal.
The latest effort would fund the government at current levels through March and include $100 billion in disaster aid and $10 billion in agricultural assistance to farmers. At least two people are dead. Dozens more were hurt today when a car plowed into a crowded Christmas market in the German city of Magnesburg. The reports seem to be indicating the death toll could go higher.
The latest effort would fund the government at current levels through March and include $100 billion in disaster aid and $10 billion in agricultural assistance to farmers. At least two people are dead. Dozens more were hurt today when a car plowed into a crowded Christmas market in the German city of Magnesburg. The reports seem to be indicating the death toll could go higher.
A German news agency is reporting at least 60 people were injured when the car plowed into the market. The driver of the vehicle has been arrested. The latest incident comes eight years after an Islamist extremist drove into a Berlin Christmas market, killing 13 people. The government's consumer financial watchdog is suing the payment network Zelle and three of the country's biggest banks.
A German news agency is reporting at least 60 people were injured when the car plowed into the market. The driver of the vehicle has been arrested. The latest incident comes eight years after an Islamist extremist drove into a Berlin Christmas market, killing 13 people. The government's consumer financial watchdog is suing the payment network Zelle and three of the country's biggest banks.
As NPR's Laura Wamsley reports, the lawsuit alleges they failed to protect consumers from widespread fraud.
As NPR's Laura Wamsley reports, the lawsuit alleges they failed to protect consumers from widespread fraud.
France's anti-terrorism court has convicted eight people of involvement in the beheading of a teacher in 2020. The teacher was killed near Paris days after showing his class cartoons of the Prophet Muhammad during a bait on free expression. The assailant, an 18-year-old Russian of Chechen origin, was shot to death by police. Stocks gained ground on Wall Street today.