Category Archives: Business
Why the Fed feels now is time to tighten credit more quickly
WASHINGTON (AP) — For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates.
Texas pipeline company charged in California oil spill
LOS ANGELES (AP) — A Houston-based oil company and two subsidiaries were indicted Wednesday for a crude spill that fouled Southern California waters and beaches in October, an event prosecutors say was caused in part by failing to properly act
Amid drought, California advances big new reservoir project
SACRAMENTO, Calif. (AP) — Amid a severe drought, California regulators on Wednesday advanced what could be the state's first major new water storage project in years despite warnings it would hasten the extinction of an endangered salmon species while ...
NYC moves to stop new buildings from using natural gas
NEW YORK (AP) — New York City is poised to bar most new buildings from using natural gas within a few years, after lawmakers voted Wednesday to make the United States' most populous city a showcase for a climate-change-fighting policy
Public safety, dividends part of Dunleavy’s budget plan
JUNEAU, Alaska (AP) — Alaska Gov. Mike Dunleavy on Wednesday outlined what he called a responsible budget proposal that doesn’t dip into savings, bolsters law enforcement and calls for direct payments of about $3,700 to residents amid an unsettled disp...
Myanmar public urges gas sanctions to stop military funding
JAKARTA, Indonesia (AP) — The young woman in Myanmar decided to speak out when she realized that money from the company she loved was now in the hands of the military leaders she hated.
Evictions on the rise months after federal moratorium ends
BOSTON (AP) — Soon after losing his trucking job amid the pandemic, Freddie Davis got another blow: His landlord in Miami was almost doubling the rent on his Miami apartment.
Evictions on the rise months after federal moratorium ends
BOSTON (AP) — Soon after losing his trucking job amid the pandemic, Freddie Davis got another blow: His landlord in Miami was almost doubling the rent on his Miami apartment.
Why the Fed feels now is time to tighten credit more quickly
WASHINGTON (AP) — For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates.
LA port sees record 2021 imports despite supply chain snags
LOS ANGELES (AP) — The Port of Los Angeles — the nation’s busiest — is on track to move a record volume of import cargo this year, even as officials struggle to thin a backup of ship traffic and ease
