Business

Fed’s Cook blasts mortgage fraud allegations against her as ‘baseless’ in letter to DoJ

Fed’s Cook blasts mortgage fraud allegations against her as ‘baseless’ in letter to DoJ

WASHINGTON (AP) — In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook disputed allegations by a Trump administration official that she committed mo...

Read More
Justice Department says well-known Hawaiian defense contractor embezzled funds

Justice Department says well-known Hawaiian defense contractor embezzled funds

Federal prosecutors say Christopher Dawson, a prominent defense contractor who died in 2024, embezzled millions of dollars from his companies to live a lavish lifestyle at the expense of Native Ha...

Read More
‘Where did all the staff go?’: Maine restaurant owners blame the housing shortage

‘Where did all the staff go?’: Maine restaurant owners blame the housing shortage

When Malcolm Bedell opened Honey’s Fried Chicken Palace in Thomaston last year, he had dreams of bringing the restaurant to locations across the state. But one question is stopping him from moving...

Read More
Polish PM says rail line explosion was ‘sabotage’

Polish PM says rail line explosion was ‘sabotage’

WARSAW, Poland (AP) — Poland’s Prime Minister Donald Tusk said Monday that an explosion on a section of railway line used for deliveries to Ukraine was an “unprecedented act of sabotage.” A Polish...

Read More
Novo chops Wegovy prices, but doctors still see affordability challenges for patients

Novo chops Wegovy prices, but doctors still see affordability challenges for patients

Novo Nordisk is chopping prices again for its popular obesity treatment Wegovy, but doctors say the expense will remain challenging for patients without insurance. The drugmaker said Monday that i...

Read More
New analysis shows more US consumers are past due on utility bills.

New analysis shows more US consumers are past due on utility bills.

WASHINGTON (AP) — More people are falling behind on paying their bills to keep on the lights and heat their homes, according to a new analysis of consumer data — a warning sign for the U.S. econom...

Read More