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Inflation occurs when the demand for goods and services exceeds the supply. The Federal Reserve’s solution is to reduce demand by forcing interest rates higher. The higher rates will reduce the demand for items which are typically financed, like cars and houses. And some of the workers who m…

For the next few weeks, Washington faces a brief, and important, window of opportunity. Suspended in time between an election that’s just over and another that’s already starting, the lame duck session of Congress has a critical question to answer.

Back when my wife and I moved to the country, many of our citified friends were alarmed. One well-meaning fellow even questioned if I’d be safe out in rural Perry County, Arkansas, given my political apostasy. (Trump won 75% of the 2020 vote there.)

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State AP Stories

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Two power substations in a North Carolina county were damaged by gunfire in what is being investigated as a criminal act. A spokesman for Duke Energy said at a news conference with local officials on Sunday that the damage caused the night before could take days to repair. Power was out for roughly 37,000 customers Sunday. In response, officials announced a state of emergency that included a curfew from 9 p.m. Sunday to 5 a.m. Monday. County schools will be closed Monday. Moore County Sheriff Ronnie Fields says authorities have not determined a motivation.

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The Supreme Court is about to confront a new elections case that could dramatically alter voting in 2024 and beyond. A Republican-led challenge is asking the justices for a novel ruling that could significantly increase the power of state lawmakers over elections for Congress and the presidency. The court is hearing arguments Wednesday in a case from highly competitive North Carolina, where Republican efforts to draw congressional districts heavily in their favor were blocked by a Democratic majority on the state Supreme Court. The question for the justices is whether the U.S. Constitution’s provision giving state legislatures the power to make the rules about the “times, places and manner” of congressional elections cuts state courts out of the process.

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The nation’s largest public utility is recommending replacing an aging coal burning power plant with natural gas, ignoring calls for the Tennessee Valley Authority to speed its transition to renewable energy. TVA on Friday announced the completion of its environmental impact statement for replacing the Cumberland Fossil Plant near Cumberland City, Tennessee. TVA says in a news release that solar and battery storage would be more costly and time-consuming than gas. The recommendation still needs the approval of TVA President and CEO Jeff Lyash. He has previously spoken in favor of gas. The announcement drew immediate backlash from groups that include the Center for Biological Diversity, which calls the plan “reckless.”

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Eight years into a U.S. program to control damage from feral pigs, the invasive animals are still a multibillion-dollar plague on farmers, wildlife and the environment. They've been wiped out in 11 of the 41 states where they were reported in 2014 or 2015. And there are fewer in parts of the other 30. But in spite of more than $100 million in federal money, officials estimate there are still 6 million to 9 million hogs gone wild nationwide and in three U.S. territories, doing at least $2.5 billion a year in U.S. damages. Estimates in 2014 were 5 million hogs and $1.5 billion in damages. Experts say the bigger figures are due to better estimates, not increases.

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Police in Raleigh, North Carolina, have released body camera video from a shootout with a 15-year-old boy suspected of fatally shooting five people and wounding two more. Police spent several hours searching for the armed suspect after the rampage seven weeks ago. The teen was ultimately found in a shed behind a residential property. The newly released video images show officers surrounding the structure. Multiple shots ring out from the building, and officers return fire. The video also shows Raleigh Police Officer Casey Clark being shot in the right knee and then dragged to safety behind another building.

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Since the recovery of sunken treasure began decades ago from an 1857 shipwreck off the coast of South Carolina, tens of millions of dollars worth of gold has been sold. But scientists, historians and collectors say that the real fortunes will begin to hit the auction block on Saturday in Reno. For the first time, hundreds of Gold Rush-era artifacts entombed in the S.S. Central America, known as the “Ship of Gold,” will go on public sale. A few of the items from the pre-Civil War steamship, which sank in a hurricane on its way from Panama to New York City, could fetch as much as $1 million.

North Carolina government is appealing a judge’s order that demands by certain dates many more community services for people with intellectual and development disabilities who otherwise live at institutions. Health and Human Services Secretary Kody Kinsley announced the formal challenge on Wednesday. He says his agency has grave concerns about some directives issued four weeks ago by Judge Allen Baddour. One in particular says new admissions to new admissions for people with such disabilities in state-run development centers, privately intermediate care facilities and certain adult care homes must end by January 2028. Kinsley says the decision could shutter small facilities and leave clients without accommodations.

National & World AP Stories

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Stocks closed lower on Wall Street and Treasury yields rose after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8% Monday. The Dow Jones Industrial Average lost 1.4% and the tech-heavy Nasdaq gave back 1.9%. Small-company stocks fell even more. The services sector, which makes up the biggest part of the U.S. economy, showed surprising growth in November. V.F. Corp., which makes Vans shoes and The North Face outdoor gear, sank after cutting its revenue forecast and announcing the departure of its CEO.

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SAN FRANCISCO (AP) — The unabashedly liberal city of San Francisco became the unlikely proponent of weaponized police robots last week after supervisors approved limited use of the remote-controlled devices, addressing head-on an evolving technology that has become more widely available even…

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JACKSON, Miss. (AP) — The Mississippi Department of Human Services on Monday changed its demands against retired NFL quarterback Brett Favre in a lawsuit that seeks repayment of misspent welfare money that was intended to help some of the poorest people in the U.S.

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The unmarked graves in a forgotten West Virginia burial ground known locally as Little Egypt contain the remains of dozens of coal mine workers who died in a 1912 explosion. For Ed Evans, a Democratic state lawmaker and retired school teacher, they are a reminder of the dangers of undoing mine safety regulations, currently under debate in the state Legislature. Evans says he worries about what will happen now that many advocates of the mine safety laws, himself included, were defeated in the Nov. 8 election. With Republicans gaining an even tighter grip on the Legislature, lawmakers are expected to make another run at further deregulating the agencies that monitor mine safety.

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Tens of thousands of people are bracing for days without electricity in a North Carolina county where authorities say two power substations were shot up by one or more people with apparent criminal intent. Across Moore County southwest of Raleigh on Monday, businesses handed out free food or coffee and businesses without internet conducted transactions in cash. One local economic official described the area known for its golf courses and local pottery as “eerily quiet” at a time of year when businesses are normally full of tourists and holiday shoppers. County schools were closed. Traffic lights were out throughout the county. Drivers treated intersections as four-way stops, which caused some traffic in places such as downtown Carthage.

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Neymar has started against South Korea in the round of 16 of the World Cup and scored in the first half to move one goal shy of Pelé’s all-time scoring record with Brazil. Neymar converted a 13th-minute penalty kick to help Brazil build a 4-0 lead in the first half with the second goal of the match. Vinícius Júnior, Richarlison and Lucas Paquetá also scored for Brazil. Neymar has 76 goals with Brazil and is one shy of the all-time record set by Pelé. The star forward hadn’t played since injuring his right ankle in the team’s opening match against Serbia.