Category Archives: Business
Hungary accused of discrimination for discount fuel policy
BUDAPEST, Hungary (AP) — A spokesperson for the European Union's executive arm said Friday that Hungary was discriminating against citizens of other EU countries by offering discounted fuel to drivers of vehicles with Hungarian license plates while dri...
US lifts COVID-19 test requirement for international travel
WASHINGTON (AP) — The Biden administration is lifting its requirement that international travelers test negative for COVID-19 within a day before boarding a flight to the United States, ending one of the last remaining government mandates designed to c...
Russia’s central bank cuts interest rates to prewar level
Russia's central bank cut interest rates back to their prewar levels Friday, saying inflation and economic activity were developing better than expected despite sweeping Western sanctions imposed in response to the war in Ukraine.
US inflation at new 40-year high as price increases spread
WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.
White supremacists are riling up thousands on social media
WASHINGTON (AP) — The social media posts are of a distinct type. They hint darkly that the CIA or the FBI are behind mass shootings. They traffic in racist, sexist and homophobic tropes. They revel in the prospect of a
Biden vows to battle inflation as prices keep climbing
LOS ANGELES (AP) — In President Joe Biden's estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and
Live updates | Biden: Zelenskyy didn’t want to hear US info
LOS ANGELES — President Joe Biden, speaking to donors at a Democratic fundraiser here, said Ukrainian President Volodymyr Zelenskyy “didn’t want to hear it” when U.S. intelligence gathered information that Russia was preparing to invade.
Unemployment rate falls to new record low as wages ramp up: StatCan
OTTAWA — The Canadian job market continued to tighten in May as the unemployment rate hit another record low and wages continued to push higher, maintaining the pressure on the Bank of Canada to keep raising interest rates. Statistics Canada said
Half a million passengers faced delays on international flights at Pearson in May
"Pearson airport is hell on earth." So declared Ryan Whitney, a former NHLer, in a social media post from Toronto’s main airport this week. The one-time Edmonton Oilers defenceman laid bare his exasperation after undergoing a gauntlet of lines, delays,...
Civilians flee intense fighting in contested eastern Ukraine
KYIV, Ukraine (AP) — Civilians fled intense fighting in eastern Ukraine on Friday as Russian and Ukrainian forces engaged in a grinding battle of attrition for key cities in the country's industrial heartland.