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Obama: US ending outdated approach to Cuba

Obama: US ending outdated approach to Cuba

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – President Barack Obama says the U.S. will end its outdated approach to Cuba that has failed to advance U.S. interests. Obama is announcing that the U.S. and Cuba have agreed to re-establish diplomatic relations and open economic and travel ties. Obama says the U.S. is changing its relationship with Cuba. He says […]

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US international aid head to step down

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – The head of the U.S. Agency for International Development says he will step down from the post in February. USAID Administrator Rajiv Shah has led the agency since 2010. In a statement released Wednesday morning, he said he had “mixed emotions” but gave no reason for his resignation. USAID describes itself as […]

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Rubio denounces US moves toward normalizing relations with Cuba

Rubio denounces US moves toward normalizing relations with Cuba

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – The U.S. move toward normalizing relations with Cuba isn’t sitting well with some American foes of the Cuban regime. Republican Sen. Marco Rubio of Florida says the U.S. and Cuba are moving toward normalized banking and trade ties, and that the U.S. is poised to open an embassy in Havana in the […]

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US consumer prices fall in November

US consumer prices fall in November

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – Plunging gasoline costs caused U.S. consumer prices to drop in November, muting inflation across the entire economy. The Labor Department says the inflation reading fell 0.3 percent last month, after prices were flat in October. Gas costs plummeted 10.5 percent in November, the steepest decline in nearly six years. Core inflation, which […]

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US consumer prices fall in November

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – Plunging gasoline costs caused U.S. consumer prices to drop in November, muting inflation across the entire economy. The Labor Department says the inflation reading fell 0.3 percent last month, after prices were flat in October. Gas costs plummeted 10.5 percent in November, the steepest decline in nearly six years. Core inflation, which […]

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Obama: As a black man he’s been mistaken for valet

Obama: As a black man he’s been mistaken for valet

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – He may be president now, but Barack Obama says he’s a black man who has been mistaken for the valet. Obama tells People magazine that every black professional male his age has had someone hand over their keys while waiting outside a restaurant. That happened to him, he said. First lady Michelle […]

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Fed wraps up discussions

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – The U.S. economy is doing better, and the Federal Reserve may be ready to acknowledge that fact. Fed policymakers wrap up their latest meeting with a statement on interest rates this afternoon. Analysts are expecting they will drop a promise to keep rates low for a “considerable time.” Dropping that language would […]

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Obama signs $1.1 trillion spending bill into law

Obama signs $1.1 trillion spending bill into law

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – President Barack Obama has signed a $1.1 trillion spending bill that keeps most of the government operating over the next nine months. The Department of Homeland Security will only receive its money through Feb. 27. That limit was demanded by Republican leaders to appease critics of Obama’s immigration measures. Homeland Security oversees […]

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Congress renews tax breaks

Congress renews tax breaks

| December 17, 2014 | 0 Comments

WASHINGTON (AP) – President Barack Obama is expected to sign a massive tax package the will allow banks, retailers, commuters and teachers to keep their temporary tax breaks for another year. Taxpayers will be able to claim the breaks in their 2014 tax returns, but beyond this year, their fate will once again be uncertain. […]

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NYC premiere of Rogen film canceled as threats fly

NYC premiere of Rogen film canceled as threats fly

| December 17, 2014 | 0 Comments

NEW YORK (AP) – The New York premiere of the comedy “The Interview” has been canceled following threats of violence against theaters carrying it. The Seth Rogen and James Franco comedy is about a CIA plot to kill North Korea’s Kim Jong Un, and security fears have spurred Sony to allow theater chains to cancel […]

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