Business

Verizon outage disrupts calling and data services for customers across the US

NEW YORK — Many Verizon customers encountered a widespread outage on Wednesday, disrupting calling and other cellular services across the U.S. The carrier acknowledged that there was an "issue impacting wireless voice and data services." Verizon didn't specify what was causing the ...

Inflation cooled slightly in December though it remains above Fed’s target

WASHINGTON — Inflation cooled a bit last month as prices for gas and used cars fell, a sign that stubbornly elevated cost pressures are slowly easing. Consumer prices rose 0.3% in December from the prior month, the Labor Department said Tuesday, the same as in November. Excluding the ...

Trump signs executive order meant to protect Venezuelan oil money

WEST PALM BEACH, Fla. — President Donald Trump's new executive order on Venezuelan oil revenue is meant to ensure that the money remains protected from being used in judicial proceedings. The executive order, made public on Saturday, says that if the funds were to be seized for such use, it ...

Banks balk as Trump pushes a 1-year, 10% cap on credit card interest rates

NEW YORK — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. Trump was not clear in his social ...

Early birds can begin filing their taxes on Jan. 26

WASHINGTON — Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline to avoid penalties and interest. Tax season is the annual period when taxpayers prepare and submit their ...