Category Archives: Economy

‘My personal tragedy’: Ukrainians brace for attack on Odesa

ODESA, Ukraine (AP) — The Black Sea port of Odesa is mining its beaches and rushing to defend its cultural heritage from a feared Mariupol-style fate in the face of growing alarm that the strategic city might be next as

Biden budget seeks minimum tax on households worth $100m

WASHINGTON (AP) — President Joe Biden intends to propose a minimum tax of 20% on households worth more than $100 million and cut projected budget deficits by more than $1 trillion over the next decade, according to a fact sheets

Hungary’s Orban criticized for ‘neutrality’ in Ukraine war

BUDAPEST, Hungary (AP) — Widely seen as Russian President Vladimir Putin's closest ally in the European Union, Hungarian Prime Minister Viktor Orban has sought to assert Hungary's neutrality in the war in Ukraine, even as his allies in the EU

Crypto for Ukraine provides a flow of war-related assistance

NEW YORK (AP) — Ukraine, which has waged a staunch defense against Russian invasion, says it has pioneered a new source of financial support: People around the world who have donated millions of dollars directly to its war effort via

Live updates: Man detained at site of Lviv rocket attacks

LVIV, Ukraine — The governor of the Lviv region says a man was detained on suspicion of espionage at the site of one of the two rocket attacks that rattled the city on Saturday.

Warily, tribes prepare for cannabis ventures in New Mexico

SANTA FE, N.M. (AP) — Two tribal communities have been reassured they'll be able to take part in New Mexico's marijuana market opening in April without the threat of federal law enforcement interference on tribal land, according to agreements with

EU leaders reach compromise on energy after long debate

BRUSSELS (AP) — European Union leaders struggled for hours Friday to find a compromise on a deal aimed at curbing energy prices that have gone through the roof and hurt households and businesses across the 27-nation bloc.

‘Like a yo-yo:’ Disappointment for Red Deer businesses after UCP scraps meeting

RED DEER, Alta. — The owners of a café in Red Deer, Alta., spent $1,500 on extra stock anticipating a surge in business from the United Conservative Party's leadership review next month, but they and other business operators in the

California unemployment rate falls to 5.4% in February

SACRAMENTO, Calif. (AP) — California's economy roared to life in February as employers added a surprising 138,100 new jobs, accounting for more than 20% of all employment gains nationally.

Crews remove snow from damaged Alaska pipeline oil tanks

ANCHORAGE, Alaska (AP) — Workers at the end point of the trans-Alaska oil pipeline are using saws to cut up large blocks of hard-packed snow on top of oil storage tanks so they can shove the chunks off the tanks.

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