Opinion: Cities are questioning the point of parking garages

For the past century, the public and private sector appear to have agreed on one thing: the more parking, the better. As a result, cities were built up in ways that devoted valuable space to storing cars, did little to accommodate people who don’t own cars, and forced developers to build expensive parking structures that … Read more

State of the Union: 5 key challenges for Biden as he delivers his speech

President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech after a little more than two years in office. Biden looks poised to tackle the debt-limit standoff, recession worries and acts of violence at home and abroad in his remarks. At the same time, American … Read more

Pence house in Indiana to be searched by FBI for additional classified material

WASHINGTON — The FBI is expected to search former Vice President Mike Pence’s Indiana home for classified material in the coming days, according to people familiar with the matter, as senior government officials come under increased law-enforcement scrutiny of their handling of such documents.

McConnell ousts Senate Republicans Rick Scott and Mike Lee from Commerce Committee. Both opposed McConnell’s continued leadership.

Rick Scott listens to a question at a January news conference at the U.S. Capitol. Anna Moneymaker/Getty Images Senate Minority Leader Mitch McConnell booted two Republican lawmakers from a powerful Senate committee on Wednesday after an unsuccessful attempt last year to oust him from his longtime leadership position.  Senate Republicans Rick Scott of Florida and Mike … Read more

BOJ’s Wakatabe: Commitment to monetary easing hasn’t changed

Bank of Japan Deputy Gov. Masazumi Wakatabe said Thursday that the central bank’s easy stance and its commitment to achieving sustainable 2% inflation remain unchanged. “The bank’s commitment to continuing with monetary easing has not changed at all,” Wakatabe said in a speech. After raising a cap on the 10-year government bond yield to 0.5% … Read more

McCarthy says he’s optimistic about ‘common ground’ with Biden on debt limit

House Speaker Kevin McCarthy on Wednesday said he was optimistic about finding “common ground” with President Joe Biden over the U.S. debt ceiling, but refused to discuss specific budget cuts he is seeking in exchange for raising the borrowing limit. “I can see where we can find common ground,” McCarthy told reporters outside the White … Read more

Ron DeSantis pushes permanent ban on Florida sales tax on gas stoves

Ron DeSantis, the governor of Florida and a likely 2024 candidate for president, delivered on an earlier promise Wednesday when he said new gas stoves — in fact, all gas appliances — should be exempt from his state’s sales tax. DeSantis rolled out the first budget of his second term, and among the proposed breaks for taxpayers is … Read more

Congress snafu leaves older retirement savers in limbo

In case you missed it, when Congress passed the Secure 2.0 retirement bill at the end of December, the legislators who insisted they were trying to give the middle classes more tax breaks ended up giving us fewer. They accidentally eliminated a provision that was supposed to let people make extra catch-up contributions to their retirement plans … Read more

Biden to end U.S. COVID emergencies on May 11, but more than 500 people are still dying every day

President Joe Biden will end the twin national emergencies for addressing COVID-19 on May 11, as most of the world gets closer to normalcy nearly three years after the emergencies were first declared, the Associated Press reported.  The move would formally overturn the federal response to the virus and change it to one where COVID is … Read more

Immigration revamp tops this list of what Americans want from Congress

Immigration reform is at the top of a new list of what Americans believe the new Congress should tackle, amid signs of pessimism Washington will make progress on the issue. NBC News asked U.S. adults in a new poll what ideas lawmakers should consider, and included among the choices providing a pathway to citizenship for … Read more