NATIONAL

The U.S. economy contracted for a second straight quarter, the Commerce Department reported on Thursday, a day after the Federal Reserve raised interest rates by three quarters of a percentage point to a range of 2.25%-2.50% in an effort to slow growth and ease price pressures.

Comedian Jon Stewart, an outspoken advocate for military veterans, erupted in anger on Thursday after U.S.

Three former JPMorgan Chase & Co employees began delivering their final defense against conspiracy and racketeering charges on Thursday, with an attorney telling jurors that ex-traders who cooperated in the case should not be trusted.

A U.S. prosecutor urged a jury to convict three former JPMorgan Chase & Co employees on conspiracy and racketeering charges on Thursday, saying they engaged in a yearslong scheme to manipulate the market for precious metals futures.

Flooding in eastern Kentucky has caused at least three deaths, Governor Andy Beshear said on Thursday, and the death toll may reach double digits as water continues to rise.

Flooding in eastern Kentucky has caused at least eight deaths, Governor Andy Beshear said on Thursday, and the death toll is expected to reach double digits as water continues to rise.

U.N. aid chief Martin Griffiths said on Thursday he was hopeful that the first shipment of grain from a Ukrainian Black Sea port could take place as early as Friday, but "crucial" details for the safe passage of vessels were still being worked out.

The U.S. House of Representatives is set to pass sweeping legislation on Thursday to subsidize the domestic semiconductor industry as it competes with Chinese and other foreign manufacturers, despite a late decision by some Republicans to pull their support.

Few members of the governing Conservative Party supported foreign secretary Liz Truss when the leadership contest began this month, but now there's a sense of inevitability that she will become Britain's next prime minister.

New York on Thursday sued CVS Health Corp for allegedly forcing hospitals that serve low-income patients to pay millions of dollars to access discounted prescription drugs, violating state antitrust law.

The head of the U.S. Environmental Protection Agency pledged to combat environmental injustice in the U.S.

The Wednesday night jackpot was worth an estimated $151.3 million.

U.S. Senate Republican leader Mitch McConnell, whose legislative skills have torpedoed many Democratic priorities, suffered a rare defeat himself this week, when Democrats thwarted his plan to block their new $430 billion drugs and energy bill.

U.S. Senate Democrats aim to dodge "booby traps" including COVID and surprises from within their own ranks to pass a $430 billion drugs and climate change bill agreed to by Majority Leader Chuck Schumer and maverick Democratic Senator Joe Manchin after months of talks.

The U.S. Justice Department is investigating a cyber breach involving the federal court records management system, the department's top national security attorney told lawmakers on Thursday.

The U.S. Justice Department is investigating a cyber breach involving the federal court records management system, the department's top national security attorney told lawmakers on Thursday.

The U.S. economy declined by 0.9% in its gross domestic product (GDP) in Q2 2022, technically bringing the U.S. over the threshold of what constitutes a recession.

British drugmaker GSK has struck a deal to allow low-cost generic versions of its long-acting HIV preventive medicine to be used in the developing world, including sub-Saharan Africa where the virus remains a leading cause of death.

President Joe Biden tried to soothe Americans' worries about the strength of the economy on Thursday, after new data showed it had contracted for two quarters in a row.

The U.S. House of Representatives plans to give final passage on Thursday to sweeping legislation to boost the U.S.

The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new rules aimed at reining in the powers of Big Tech, two people familiar with the matter said.

Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said.

Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said.

“If a man decides that I’m an object, and does unspeakable, tragic things to me, am I, a child, supposed to carry and birth another child?” Addison Gardner asked.

Sesame Place Philadelphia has found itself embroiled in a discrimination lawsuit after a father claims characters at the park ignored his Black child.

The couple charged with identity theft lived under fake names for decades in the United States.

Matthew Belanger was allegedly a member of a far-right neo-Nazi group with the "goal of creating a white ethno-state through accelerationist means,” court documents said.

U.S. stocks on Thursday rallied for a second day, with all three major indexes ending up more than 1% as data showing a second consecutive quarterly contraction in the economy fueled investor speculation the Federal Reserve may not need to be as aggressive with interest rate hikes as some had feared.

Wall Street's major indexes reversed course to gain in early afternoon trading on Thursday, as a contraction in the U.S.