April 24, 2024

Groundwater, reservoir levels remain at historic lows, but rainwater and flooding should help

Record snowfall and rain have helped to loosen drought’s grip on parts of the western U.S. as national forecasters and climate experts warned Thursday that some areas should expect more flooding as the snow begins to melt. The winter precipitation wiped out exceptional and extreme drought in California for the first time since 2020, the […]

Fed raises interest rates again as unemployment nears record lows.

The Federal Reserve on Wednesday raised interest rates 0.25 points as the bank aims to prevent a tight labor market from driving inflation to unsustainable levels. The central bank raised the federal funds rate to a 1.75–2 percent target range, the second increase under Fed Chairman Jerome Powell. The Fed was widely expected to raise […]

Black, Hispanic unemployment rates hit record lows in April.

The unemployment rate for black workers hit the lowest on record in April, according to the latest jobs figures released by the Bureau of Labor Statistics Friday. The unemployment rate for black workers dropped to 6.6 percent, beating the previous record low of 6.8 percent set in December. The jobless rate for Hispanics fell to […]

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