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Stories from United States

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economy 47d ago Washington

US Farm Production And Expenses Rise

The US Department of Agriculture reports that overall farm production and expenses are currently rising. Farmers are facing simultaneous upward pressure on inputs like fertilizer and downward pressure on product prices. This price spike occurs as the agricultural sector manages low margins and existing volatility from the war in Ukraine. The increase in diesel costs adds to the overall financial strain on the farming industry. Farm expenses have increased significantly, with one farm's gasoline consumption alone costing an additional 36,000 British pounds, approximately 330,000 Chinese yuan, compared to previous years due to rising oil prices.
Bloomberg Radio
politics 47d ago Washington

Cole Allen Faces Federal Arraignment

Colt Thomas Allen remains in custody in Washington, D.C. following federal charges. Law enforcement sources state that Allen is currently declining to answer questions from investigators. FBI agents previously executed a search warrant at his family's home. Allen holds a master's degree from California obtained in 2025. He previously worked as a teacher and identifies as an indie game developer. Colt Thomas Allen is scheduled to be arraigned in federal court on Monday following a shooting incident outside the Washington Hilton during the White House Correspondents Association dinner. Investigators are currently looking into the circumstances surrounding the event. No specific details regarding the exact charges were provided in the initial report.
WTOP Washington DC
other 47d ago Torrance

Suspect Cole Thomas to Face Court Monday

Law enforcement officials are searching a suspect's residence for physical and digital evidence. He stated that the security team pushed President Trump down just as shots were fired during the White House Correspondents' Dinner. The US Secret Service confirmed that the President, First Lady, and all protected personnel were secured following the shooting. Law enforcement is currently searching a residence in Southwest Los Angeles, California, linked to the individual. The suspect is a 31-year-old from Torrance, California, who previously donated $25 to Kamala Harris's 2024 campaign. The suspect reportedly describes himself as a mechanical engineer, computer scientist, and independent game developer. A 31-year-old suspect from Torrance, California, is identified as having donated $25 to Kamala Harris's presidential campaign in October 2024.
Bloomberg Radio
other 47d ago Cerritos

Tanker Crash Causes Gasoline Leak in Cerritos

A big rig tanker overturned on the 605 freeway in Cerritos, involving multiple vehicles. The overturned tanker is currently leaking gasoline at the scene. Traffic is being diverted onto city streets for drivers on the 605 and the 91 freeway. Authorities have implemented these diversions as an abundance of caution during the response.
KNX Los Angeles
economy 47d ago New York

Kalshi Outpaces Polymarket in US Prediction Markets

Kalshi has overtaken rival Polymarket in the United States following full regulatory approval of its platform. The New York Stock Exchange's parent company recently invested $600 million in Polymarket. Polymarket's U.S. operations are currently in beta mode as the company addresses technical issues. Polymarket's current US-based operations are still operating in beta mode. The platform is currently evaluating its performance and functionality within the US market. This follows recent reports regarding the platform's expansion into US operations. Brazilian Finance Minister Dario Durigan stated that the goal is to block prediction market platforms operating in Brazil without proper regulation. These platforms are reportedly functioning similarly to unlicensed fixed-odds betting sites and violate current national gambling laws. The industry is experiencing rapid global growth.
WWJ Detroit
politics 47d ago Washington, D.C.

Colt Thomas Allen Charged With Federal Crimes

Law enforcement officials have identified Colt Thomas Allen as the suspect in the recent White House dinner shooting. He faces two counts of violating 18 U.S.C. 924(c) for using a firearm during a crime of violence and an assault on a federal officer using a dangerous weapon. Secret Service Director Kimberly Cheatle stated the quick apprehension demonstrates the effectiveness of multi-layered protection. This incident marks the third time the president has faced danger following shootings in Butler, Pennsylvania, and at a golf course. Investigators are still determining if Allen attempted to kill the president or had a specific target in mind.
1010 WINS NYC
economy 47d ago Washington

Economists Forecast Slow Inflation and Unemployment Rise

Economists project the United States unemployment rate will increase to 4.6% by March 2027. This would represent a cooling of the American job market from the current 4.3% rate. Additionally, analysts expect the Federal Reserve to issue only one interest rate cut during this year. A survey of economists indicates a recession is approaching, with 28% of respondents predicting it by the end of 2025. Over half of the surveyed experts believe inflation will not reach the 2% target until late 2027. Another 22% of economists expect inflation to remain above target until 2028.
WWJ Detroit
politics 47d ago Detroit

Manufactured Housing Laws May Get Overhaul In Michigan

State Senator Kevin Hurtele introduced a bill to strengthen child abuse laws in Michigan. The legislation aims to prevent serial abusers from accessing children by increasing transparency. It would make information regarding convicted abusers available to parents when their children are in the care of another adult. The bill is currently being reviewed by lawmakers. State Senator Kevin Hurtel has introduced a bipartisan bill in Michigan to enhance child abuse protections. A six-pack bill could update Michigan's manufactured housing laws. Proposed changes include rebuilding the licensing framework around financial capacity and prohibiting utility markups. The bill aims to update the state's mobile home laws.
WWJ Detroit
culture 47d ago New York City

New York City Pride March Prohibits Uniformed Officers

Organizers of the New York City Pride March have voted to prohibit the Gay Officers Action League (GOAL) from marching in full uniform with service weapons. While the group is invited to participate in the June parade, march leaders have implemented this restriction. The decision specifically targets the display of service weapons during the event.
1010 WINS NYC
politics 47d ago Washington D.C.

Senator Nyamu Sponsors AI Regulation Bill

Senator Nyamu has introduced legislation aimed at regulating the use of artificial intelligence.
GDELT Global Events