NEW YORK — Emarilis Velazquez is paying higher prices on everything from food to clothing. Her monthly grocery bill has ballooned from $650 to almost $850 in recent months. To save money, she looks for less expensive cuts of meat and has switched to a cheaper detergent. She also clips ...
WASHINGTON — U.S. health care spending rocketed to $4.1 trillion last year as Congress opened the spigot of federal dollars to battle the coronavirus pandemic across multiple fronts. A government report out Wednesday said national health spending jumped by 9.7 percent in 2020, more than double the usual growth rate, with health care accounting for nearly $1 of every $5 in the economy. The federal government share of health spending increased by 36 percent. In a twist, that growth was driven not so much by care devoted to patients, but by federal subsidies to keep hospitals and ...
WASHINGTON — The Senate approved legislation Tuesday to lift the nation’s debt limit by $2.5 trillion under a deal struck between party leaders, defusing a volatile issue until after next year’s midterm elections while saddling majority Democrats with a tough vote. The 50-49 party ...
WASHINGTON — The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. “The future of transportation in ...
BUFFALO, N.Y. — Starbucks workers at a store in Buffalo, New York, voted to unionize on Thursday, a first for the 50-year-old coffee retailer in the U.S. and the latest sign that the labor movement is stirring after decades of decline. The National Labor Relations Board said Thursday that ...
SAN JOSE, Calif. — Fallen entrepreneur Elizabeth Holmes has finished her attempt to persuade a jury that she suffered lapses in business judgment but never engaged in fraud while running blood-testing startup Theranos. Her defense lawyers rested their case Wednesday shortly after she ...
