Category Archives: Business
Report: Income losses let Manhattan DA candidate avoid taxes
NEW YORK (AP) — Manhattan district attorney candidate Tali Farhadian Weinstein and her husband, a hedge fund manager, paid no federal income taxes in four recent years because they reported negative income from investment losses or used deductions to r...
Ohio House expels former Republican speaker in historic vote
COLUMBUS, Ohio (AP) — Members of the Ohio House expelled Rep. Larry Householder, the federally indicted Republican ex-speaker, Wednesday in a bipartisan vote that invoked their powers to remove a member for the first time in 150 years.
Biden signals equity focus with new AmeriCorps leader choice
President Biden plans to nominate Michael Smith to lead AmeriCorps, sending a strong signal of an intent to focus on racial equity at the organization.
Biden admin extends protections to transgender students
The U.S. Education Department on Wednesday expanded its interpretation of federal sex protections to include transgender and gay students, a move that reverses Trump-era policy and stands against proposals in many states to bar transgender girls from s...
US pledges funding to help Egypt move to solar power
CAIRO (AP) — The United States is planning to increase funding to Egypt to help it convert to solar energy and move away from fossil fuels, U.S. special envoy for climate John Kerry said in Cairo on Wednesday.
Report blames poor welds for Mexico City subway collapse
MEXICO CITY (AP) — A preliminary report by experts into the collapse of a Mexico City elevated subway line that killed 26 people placed much of the blame Wednesday on poor welds in studs that joined steel support beams to
Fed sees earlier time frame for rate hikes with inflation up
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest-rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided with ...
After tumultuous year, can Portland make a comeback?
PORTLAND, Ore. (AP) — The smell of fresh empanadas wafted through the stands at Portland's Saturday Market. People talked through their masks with artists as others sifted through fork windchimes, crystal necklaces, tie dye dresses and clay mugs.
Millions fear eviction as housing crisis worsens
NEW YORK (AP) — More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen
Yellen: administration is watching inflation closely
WASHINGTON (AP) — Treasury Secretary Janet Yellen assured Congress that the recent jump in inflation is being monitored very carefully by the Biden administration, but said again that any increase will prove temporary.
