Category Archives: Economy

EU leaders seek ways to give support amid high energy prices

VERSAILLES, France (AP) — European Union leaders on Friday agreed to phase out dependency on Russian gas, oil and coal imports “as soon as possible” and decided to draw up a plan soon to support the continent's economies as they

Google, Meta face EU, UK probes into ad bidding agreement

BRUSSELS (AP) — British and European regulators threatened to crack down on Google and Facebook parent Meta over an agreement for online display advertising services, saying Friday that the deal may breach rules on fair competition.

Economy adds 337,000 jobs in February, unemployment rate falls to pre-pandemic level

OTTAWA — Canada's labour market showed signs last month of finally shaking off the shock COVID-19 delivered two years ago, with the share of workers with a job and the unemployment rate besting levels seen just prior to the pandemic. A

Live updates: Ukraine says shelling damaged cancer hospital

The latest developments on the Russia-Ukraine war: LVIV, Ukraine — Ukrainian officials accused Russia damaging a cancer hospital and several residential buildings in the southern city of

Facing Purdue owners brings pain, closure for opioid victims

NEW YORK (AP) — Kara Trainor composed herself, looked into a camera and began to speak to the drugmakers she holds responsible for two decades of suffering that has extended from her to a son born dependent on opioids.

US slashes Russia trade status, bans its alcohol and seafood

WASHINGTON (AP) — President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

By the numbers: the giant COVID relief package, 1 year later

WASHINGTON (AP) — One year ago, President Joe Biden signed the giant American Rescue Plan into law. Some highlights of how the $1.9 trillion was used, according to administration officials:

Biden relief plan: Major victory gets mixed one-year reviews

WASHINGTON (AP) — It’s not often that a president gets everything he asks for, but that’s what happened. President Joe Biden wanted $1.9 trillion to help

Liberal US cities change course, now clearing homeless camps

PORTLAND, Ore. (AP) — Makeshift shelters abut busy roadways, tent cities line sidewalks, tarps cover broken-down cars, and sleeping bags are tucked in storefront doorways. The reality of the homelessness crisis in Oregon's largest city can’t be denied....

Texas judge blocks investigations of trans youth parents

AUSTIN, Texas — A Texas judge on Friday blocked the state from investigating as child abuse gender confirming care for transgender youth. District Judge Amy Clark Meachum

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