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AP-National

The US government’s debt has been downgraded. Here’s what to know

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness, a move that contributed to sharply lower stock prices in Wednesday trading. Fitch cited the federal government’s rising debt burden

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CFPB sues auto dealer for illegally locking cars, re-possessing vehicles, other shady activities

By KEN SWEET AP Business Writer NEW YORK (AP) — The Consumer Financial Protection Bureau has sued USASF Servicing, the financial arm of a chain of auto dealerships found mostly in the South. The bureau alleges the company committed a laundry list of illegal practices, like disabling borrowers’ cars, double billing customers, and illegally repossessing

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The spread of rented lounge chairs on Greece’s beaches brings a pledge to increase inspections

ATHENS, Greece (AP) — Greece’s finance minister has promised to step up inspections of beach bars and other businesses renting out seaside sunbeds and umbrellas. Wednesday’s move, at the peak of the key summer tourist season, follows complaints that it’s difficult, or impossible, for non-paying beachgoers to find a spot on the sand on many

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Police search Senate office buildings after report of active shooter; later declare it a false alarm

WASHINGTON (AP) — Authorities issued a shelter-in-place order and searched Senate office buildings near the U.S. Capitol Wednesday afternoon amid reports of an active shooter. But a floor-by-floor search of the three buildings found nothing, and Capitol Police Chief Tom Manger said the cause of the security scramble “may have been a bogus call.” The

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To boost donations to nonprofits, Damar Hamlin encourages ‘Donate Now, Pay Later’ service

By THALIA BEATY Associated Press NEW YORK (AP) — Damar Hamlin will expand his efforts to promote charitable giving by supporting a company that allows donors to give to nonprofits immediately, while actually paying later. It’s the Buffalo Bills safety’s latest move to direct the outpouring of support he received after collapsing on the field

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