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A key inflation gauge sets 40-year high as gas and food soar 03/31/2022 03:06pm • WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans' finances. The figure reported Thursday by the Commerce Department was th 'The Little Things' actress breaks down 'The Merchant of Venice' at Shakespeare Theatre 03/31/2022 12:17pm • Isabel Arraiza starred across Denzel Washington, Rami Malek and Jared Leto in "The Little Things." Now, she stars in "The Merchant of Venice" at Shakespeare Theatre through April 24. Arraiza told WTOP the play is "a reminder of why live theater is so important." William Shakespeare's 16th Long-term mortgage rates rise again; 30-year breaches 4.5% 03/31/2022 11:54am • WASHINGTON (AP) — Average long-term U.S. mortgage rates rose again this week as the key 30-year loan rate vaulted over 4.5% and attained its highest level since the end of 2018. Against a backdrop of inflation at a four-decade high, the increases in home loan rates come a few weeks after the Fede As Russia sees tech brain drain, other nations hope to gain 03/31/2022 11:09am • VILNIUS, Lithuania (AP) — Russia’s tech workers are looking for safer and more secure professional pastures. By one estimate, up to 70,000 computer specialists, spooked by a sudden frost in the business and political climate, have bolted the country since Russia invaded Ukraine five weeks ago. Student jailed for spending almost $1M in student aid on luxury goods 03/31/2022 09:14am • Sibongile Mani, center, is seen fleeing a media conference as angry students demand that she pay back National Student Financial Aid Scheme (NSFAS) money she spent after a clerical error dumped $1 million in her bank account, in a September 4, 2017 file photo taken in East London, South Africa. (Fo More Americans apply for jobless benefits; layoffs still low 03/31/2022 08:52am • WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but layoffs remain at historic lows. Jobless claims rose by 14,000 to 202,000 for the week ending March 26, the Labor Department reported Thursday. The previous week's tally of 188,000 claims was the fewest since 1969. F In Your Debt: Forget the Fed, pay off your credit card debt 03/31/2022 07:35am • The cost of everything keeps creeping up. And if you happen to have credit card debt, that’s about to get a bit more expensive too, thanks to a series of interest rate increases beginning this month. With inflation at its highest rate since the early 1980s , the Federal Reserve is adjusting int How to Improve Your Credit Score 03/30/2022 08:00pm • If you're often turned down for credit, or you can only qualify for loans with exorbitant interest rates, your credit score is probably to blame, at least in part. What may seem unsolvable is how to improve your credit score.Fortunately, there is no shortage of strategies that you can use to boost y What to Know Before Refinancing Your Mortgage to Pay for College 03/30/2022 08:00pm • Going back to school or helping a child pay for college can be daunting, especially as college costs continue to rise. Most families are not able to cover the full cost of college with grants and scholarships alone, and many will explore student loans to cover unmet needs. Homeowners, however, may h DC COVID-19 economic recovery recommendations pass a vote 03/30/2022 05:41pm • The D.C. Council's Special Committee on COVID-19 Pandemic Recovery voted Wednesday to approve a set of recommendations aimed at reducing economic inequity, helping small businesses and raising educational achievement. The recommendations have been developed over a year by the panel co-chaired by Biden eyes boost to mining of minerals for electric vehicles 03/30/2022 05:33pm • WASHINGTON (AP) — Facing higher oil prices after Russia's invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles. That's according to a person familiar with the Whi Ukrainians stranded in Hawaii get help from canoe paddlers 03/30/2022 05:15pm • KAILUA, Hawaii (AP) — A Ukrainian family who came to Hawaii for a long-awaited vacation ended up watching from the islands in shock as bombs started dropping on their country. Now, more than a month later, they remain stranded on Oahu without access to their house, money, family or friends. They†Firm pays back $20M, insists petrochemical project viable 03/30/2022 01:59pm • CLEVELAND (AP) — The U.S. subsidiary of Thailand-based petrochemical giant PTT Global Chemical has repaid Ohio's private economic development office $20 million after it failed to make an investment decision in 2020 on a proposed petrochemical plant in the state. Spokespersons for both PTT Global California panel OKs reparations limit for slave descendants 03/30/2022 11:33am • California’s first-in-the-nation task force on reparations has decided to limit state compensation to the descendants of free and enslaved Black people who were in the U.S. in the 19th century, narrowly rejecting a proposal to include all Black people regardless of lineage. The vote Tuesday split US growth in Q4 revised lower to 6.9%, slower growth to come 03/30/2022 09:15am • WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates. For all of 2021, the nation’s gross domestic product — its total output of goods and servi