Category Archives: Economy

Live updates | Australia sending armored vehicles to Ukraine

Australian Prime Minister Scott Morrison said Friday that his country will be sending armored Bushmaster vehicles to Ukraine to help in its war against Russia. Ukrainian President

Biden oil move aims to cut gas prices ‘fairly significantly’

WASHINGTON (AP) — President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the United

COVID pandemic’s end may bring turbulence for US health care

WASHINGTON (AP) — When the end of the COVID-19 pandemic comes, it could create major disruptions for a cumbersome U.S. health care system made more generous, flexible and up-to-date technologically through a raft of temporary emergency measures.

China holds espionage trial of Chinese Australian journalist

BEIJING (AP) — Chinese Australian journalist Cheng Lei went on trial in Beijing on Thursday on espionage charges, with diplomats denied permission to attend the proceedings. Australian

Biden planning to tap oil reserve to control gas prices

WASHINGTON (AP) — President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to

US approves bison grazing on Montana prairie amid criticism

BILLINGS, Mont. (AP) — U.S. officials on Wednesday announced approval of a conservation group's proposal to expand bison grazing on prairies in north-central Montana as part of a vast nature reserve over objections from some ranchers and elected offici...

Alberta bill proposes regulatory ‘sandbox’ to help financial-tech companies grow

EDMONTON — Alberta is proposing rules that would make it easier for entrepreneurs to test products in the emerging field of cryptocurrencies and online banking. Finance Minister Travis Toews says a bill before the legislature calls for setting up what ...

FDA panel narrowly sides against experimental ALS drug

WASHINGTON (AP) — Federal health advisers on Wednesday narrowly ruled against an experimental drug for the debilitating illness known as Lou Gehrig’s disease, a potential setback for patient groups who have lobbied for the medication’s approval.

Facebook resorts to old smear tactics against TikTok

Eleven years ago, Facebook was caught red-handed after it hired a prominent public relations firm to try to plant stories harshly criticizing Google’s privacy practices in leading news outlets.

Mississippi could become final state with equal pay law

JACKSON, Miss. (AP) — Mississippi could become the final state to enact a law requiring equal pay for equal work by women and men, after the Republican-controlled state House and Senate passed the final version of a bill Wednesday.

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