Category Archives: Economy
Busch beer heiress Valentine enters Missouri US Senate race
JEFFERSON CITY, Mo. (AP) — Anheuser-Busch beer heiress Trudy Busch Valentine on Monday filed to run for U.S. Senate as a Democrat in Missouri. Valentine’s entrance to
Australia aims to ease inflation pressures ahead of election
CANBERRA, Australia (AP) — Australia’s government presented a range of economic measures on Tuesday such as halving the tax on gasoline to help cushion the impact of high inflation and win votes at elections due by May.
Cooling-off period to provide homebuyer protection in hot market, says minister
VICTORIA — Homebuyers in British Columbia will soon be protected by provincial regulations that include a cooling-off period that allows time to back out of a real estate agreement, the provincial finance minister says. The Property Law Amendment Act ...
Commerce inquiry imperils solar industry, advocates say
WASHINGTON (AP) — In a decision that could dramatically undercut President Joe Biden’s ambitious climate goals, the Commerce Department said Monday it is investigating whether imports of solar panels from Southeast Asia are circumventing anti-dumping r...
Trump suit against Clinton part of longtime legal strategy
NEW YORK (AP) — When a Pulitzer Prize-winning architecture critic panned Donald Trump's plans for a new Manhattan skyscraper, Trump responded by suing. When the tenants of a building he was trying to clear sued to halt their evictions,
EXPLAINER: How would billionaire income tax work?
WASHINGTON (AP) — A “Billionaire Minimum Income Tax” is included in President Joe Biden’s fiscal year 2023 budget proposal — part of the administration’s effort to reduce the federal deficit over the next decade and fund new spending. The proposal
Iowa GOP: Benefit cuts needed to spur people to take jobs
DES MOINES, Iowa (AP) — Iowa is nearing passage of a dramatic reduction in unemployment benefits to try to force people to fill thousands of open jobs and reverse a trend in which the governor argues the state's “safety net
FDA skeptical of benefits from experimental ALS drug
WASHINGTON (AP) — Federal health regulators issued a negative review Monday of a closely watched experimental drug for the debilitating illness known as Lou Gehrig's disease, after months of lobbying by patient advocates urging approval.
Biden’s budget plan: Higher taxes on rich, lower deficits
WASHINGTON (AP) — President Joe Biden announced a budget blueprint Monday that calls for higher taxes on the wealthy, lower federal deficits, more money for police and greater funding for education, public health and housing.
EU wants to end golden passport schemes, targets Russians
BRUSSELS (AP) — The European Commission recommended Monday that EU nations end golden passport schemes that allow wealthy people to buy their way into the bloc's citizenship, and urged them to assess whether Russian oligarchs linked to the Kremlin or
