Biden says Fed made ‘declaration of progress’ with interest rate cut

WASHINGTON — President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he characterized Donald Trump’s economic policies as a failure in the past and sure to “fail again” if revived.  “Lowering interest rates isn’t a declaration of victory,” Biden told the Economic Club…

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Teamsters union declines to endorse Trump or Harris

WASHINGTON — The International Brotherhood of Teamsters declined Wednesday to endorse Kamala Harris or Donald Trump for president, saying neither candidate had sufficient support from the 1.3 million-member union. “Unfortunately, neither major candidate was able to make serious commitments to our union to ensure the interests of working people are always put before big business,” Teamsters…

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US Justice Department sues over Baltimore bridge collapse and seeks $100 million in cleanup costs

BALTIMORE — The U.S. Justice Department on Wednesday sued the owner and manager of the cargo ship that caused the Baltimore bridge collapse, seeking to recover more than $100 million that the government spent to clear the underwater debris and reopen the city’s port.  The lawsuit filed in Maryland alleges that the electrical and mechanical systems…

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