Kevin Hassett, director of the White House's National Economic Council, said futures markets were anticipating a "rapid reduction" in energy prices once the Strait of Hormuz operates normally. Right now, the strait is only operating at about 10% of normal…
WASHINGTON (AP) - The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political hurdles for the White House.…
NOVONIX has announced that the U.S. Government has certified its Riverside project in connection with the US $103 million in tax credits. These credits…
The Federal Aviation Administration launched an investigation after a Frontier Airlines plane nearly collided with two trucks on an LAX taxiway. No one was injured during the close call, but the pilot appeared shaken and worried while describing it to…
Iran's powerful Islamic Revolutionary Guard Corps said in a statement Friday that Iran has "absolutely not carried out any launches toward any country during the ceasefire hours up to this moment." "In recent hours," the statement continued, "various news agencies have…
NEW YORK (AP) - Stocks are opening mostly higher on Wall Street and oil prices are holding steady amid a shaky ceasefire agreement between the U.S. and Iran. The S&P 500 rose 0.3% in early trading Friday. The Dow Jones…
The skeletal remains of at least 11 people were found in hidden graves in western Mexico, local authorities said Thursday. The graves were found in a rural lot in Ixtlahuacan, a suburb of Guadalajara, in the state of Jalisco, the local…
PIGEON FORGE, Tenn. (WDEF) - It's a one tank trip to enjoy beautiful flowers, delicious food, and thrilling rides at Dollywood! "I Will Always Love You" Festival has only a few days left…
ATLANTA, Georgia (WDEF) - Marjorie Taylor Greene may not be in Congress anymore, but she still is making headlines. Now she is calling for members of the Trump administration to use the 25th Amendment to remove the President from office.…
CHATTANOOGA, Tenn. (WDEF) - A Good Samaritan rescued a disabled resident out of a burning house after spotting smoke from the home. Chattanooga firefighters were called to the 900 block of Lindsay Avenue at…
EAST RIDGE, Tenn. (WDEF) - News 12 is recognizing some of the bravest members of our community through the First Responders Hero Award. Whether someone is an EMT, paramedic,…
ATHENS, Tenn. (WDEF)- One of the main halls at Tennessee…
CHATTANOOGA, Tenn. (WDEF) - Maclellan Island is facing a long-term erosion problem, according to leaders with the Chattanooga Audubon Society. The nonprofit said the island has lost about three acres since…
MEXICO CITY (AP) — A miner was rescued Wednesday after being trapped for nearly 14 days following a collapse in the northern Mexican state of Sinaloa, authorities said in a statement. Mexican President Claudia Sheinbaum confirmed that…
ATHENS, Tenn. (WDEF)- We are hearing from Representative Chuck Fleischmann on the current ceasefire in Iran. That ceasefire was reached Tuesday after President Trump…
NEW YORK (AP) - U.S. stocks rose, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran. After beginning Thursday with moderate losses following…
CHATTANOOGA, Tenn. (WDEF)- The trial of an ex-Chattanooga cop charged with the murder of his girlfriend has been delayed again. Lawrence Goodine is facing a first degree murder…
A 23-year-old University of Georgia student has died after falling while hiking in a Connecticut state park earlier this week. Authorities have identified the student as William Cooper Gatch of Statesboro. Gatch's obituary says he was expected to graduate from…
Volkswagen has announced they are stopping ID.4 production at the Chattanooga plant. This comes as the company wants to prioritize the launch of the new 2027 Atlas. "The EV market continues to…
ANNAPOLIS, Md. (AP) — Maryland has reached a settlement with the owner and operator of the massive cargo ship that crashed into a Baltimore bridge two years ago, causing its deadly collapse,…
Washington — American taxpayers will help fund the construction of President Trump's planned triumphal arch in Arlington, Virginia, according to the spending plan for the National Endowment for the Humanities released by the administration this week. According to the endowment's spending plan approved by the…
DUBAI, United Arab Emirates (AP) - In a potential boost to Middle East ceasefire efforts, Israeli Prime Minister Benjamin Netanyahu said Thursday that he authorized direct negotiations “as soon as possible” with…
The National Football League is being investigated by the federal government for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources told CBS News. A government official familiar…
Data compiled by CBS News shows more than 13,000 targets struck by the U.S. and Israel during the military operation in Iran, as well as strikes by Iran across the Gulf region since the war…