Category Archives: Economy
Embattled Federal Reserve pick Raskin withdraws nomination
WASHINGTON (AP) — Sarah Bloom Raskin withdrew her nomination Tuesday to a position on the Federal Reserve’s Board of Governors after a key Democrat had joined with all Senate Republicans to oppose her confirmation.
Pandemic preparedness bill moves ahead; funding still needed
WASHINGTON (AP) — A Senate committee on Tuesday approved a bipartisan blueprint to overhaul the nation’s public health system, applying the lessons of COVID-19 to future outbreaks through a new chain of command, a stronger medical supply chain, and cle...
Pfizer asks US to allow 4th COVID vaccine dose for seniors
WASHINGTON (AP) — Pfizer and its partner BioNTech asked U.S. regulators Tuesday to authorize an additional booster dose of their COVID-19 vaccine for seniors, saying data from Israel suggests older adults would benefit.
Critics take aim at legalized sports betting in Minnesota
ST. PAUL, Minn. (AP) — Critics of a bill to legalize sports betting in Minnesota warned legislators Tuesday that it would worsen problem gambling and favor tribes over other gaming interests.
EU and UK hit Russia with wider sanctions that target luxury
BRUSSELS (AP) — Pure-bred horses, truffles, a soccer club owner and a media company chief. New European Union sanctions against Russia on Tuesday sought to deny oligarchs
EU imposes sanctions on Chelsea owner Roman Abramovich
BRUSSELS (AP) — The European Union imposed sanctions Tuesday on Chelsea soccer club owner Roman Abramovich as part of a new package of measures targeting Russia and President Vladimir Putin's close allies.
War yields softer sentence in illegal campaign donation case
NEW YORK (AP) — A Ukraine-born businessman was sentenced Tuesday to a year and a day in prison for his conviction in a conspiracy that enabled a Russian tycoon to make illegal donations to U.S. political candidates with help from
As new Omicron variant looms, White House urges Congress to restore COVID-19 funding
WASHINGTON — With inflation spiralling, gas prices soaring and the soil of Ukraine now sown with the seeds of another great-powers conflict, the White House issued a pointed reminder Tuesday about another international crisis the United States isn't qu...
Window-blind makers ask Health Canada for rules delay as COVID snarls supply chains
OTTAWA — An association of window-blind makers is warning of a steep financial hit to companies, and potentially the loss of thousands of jobs, in a few weeks unless Health Canada delays enacting a new set of safety rules. Ralph Vasami,
Biden signs budget bill with Ukraine aid but no virus cash
WASHINGTON (AP) — President Joe Biden on Tuesday signed a bill providing $13.6 billion in additional military and humanitarian aid to Ukraine as part of a $1.5 trillion government spending measure that omits COVID-19 aid the White House says is
