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FEMA will resume major grant program after yearlong hiatus

(AP) — The Federal Emergency Management Agency on Wednesday opened applications for a major resilience grant program that the agency canceled last year, less than three weeks after a federal judge ordered FEMA to make the funding available. FEMA will make $1 billion available for the Building Resilient Infrastructure and Communities program, which helps states, local governments, territories and tribes take on preparedness projects to harden against natural hazards like fires, floods, earthquakes and hurricanes. “When done correctly, mitigation activities save lives and reduce ...

Stocks see worst day since the Iran war

NEW YORK (AP) — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran. The S&P 500 slumped 1.7% for its worst day since January and is back on track for a fifth straight losing week. That stretches back to before the Iran war began, and it would be the longest such losing streak in nearly four years. The Dow Jones Industrial Average dropped 469 points, or 1%, and the Nasdaq composite sank 2.4% to fall more than 10% below its all-time high set early this year. That’s a steep enough drop that ...

WH floats national emergency to pay TSA workers

WASHINGTON (AP) — With pressure mounting, the White House floated the extraordinary move Thursday of invoking a national emergency to pay Transportation Security Administration workers while senators reviewed a “last and final” offer to end the funding impasse that has jammed airports and disrupted travel. Democrats have been refusing to fund the Department of Homeland Security as they demand changes to rein in President Donald Trump’s immigration enforcement operations. Trump during an event at the White House warned he would step in if Congress failed to act. The Senate ...

U.S. Treasury working to put Trump’s signature on new paper currency in first for sitting president

WASHINGTON (AP) — The U.S. Treasury Department is working on plans to put President Donald Trump’s signature on all new US paper currency, the agency announced on Thursday. The move would be a first for a sitting president. The news was first reported by Vanity Fair. It’s the latest instance of Trump putting his name and likeness on American cultural institutions, following his renaming of the U.S. Institute of Peace, the Kennedy Center performing arts venue and a new class of battleships, among other tributes. The plans come in tandem with an ongoing effort to get Trump’s ...

Growth rate slowed in U.S. metro areas in 2025

(AP) — Growth rates in U.S. metro areas dropped the steepest last year in communities along the border with Mexico because of declines in immigrants, while counties along Florida’s Gulf Coast lost residents due to a series of hurricanes, according to population estimates released Thursday by the U.S. Census Bureau. The estimates showed that a majority of metro areas and counties had slower population gains last year, which the agency attributed primarily to a slowdown in international migration. A year earlier, an influx of immigrants had helped urban areas recover from the ...

Trump interrupts a Cabinet meeting dealing with the Iran war and rising prices to talk Sharpies

WASHINGTON (AP) — President Donald Trump may believe the adage that the pen is mightier than the sword — as long as it’s a Sharpie. During a Cabinet meeting Thursday that discussed the war in Iran, record-long security lines at many of the nation’s top airports, rising oil prices and skittish stock markets, the president interjected by holding up a custom-made black and gold Sharpie and offering a long story about how his preferred marker came to be a White House fixture. “See this pen right here?” Trump said at the start of a roughly five-minute, on-and-off diatribe on ...