Category Archives: Economy

Medicare opens up access to free at-home COVID-19 tests

WASHINGTON (AP) — The Biden administration, seeking to fill a frustrating gap in coverage for COVID-19 tests, Thursday announced that people with Medicare will be able to get free over-the-counter tests much more easily in the coming weeks.

A likely poor jobs figure for January could prove temporary

WASHINGTON (AP) — Last month, U.S. employers might have shed jobs for the first time in about a year, potentially raising alarms about the economy's trajectory.

Fed nominee Bloom Raskin pledges not to ‘direct loans’

WASHINGTON (AP) — Pushing back against critics, a key nominee to the Federal Reserve's Board of Governors said in testimony before a Senate panel that she would not make it more difficult for any industry to obtain bank loans.

EXPLAINER: A mediating role for Erdogan in Ukraine crisis?

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan has again offered to mediate between Russia and Ukraine after talks with Ukraine’s President Volodymyr Zelenskyy in Kyiv on Thursday, as Turkey walks a tightrope balancing its relations with ...

UK faces record rise in energy prices, adding to bill stress

LONDON (AP) — Britain's energy regulator announced Thursday that a cap on energy prices is going up by a record 54% because of the soaring costs of wholesale natural gas, a change that will significantly burden millions of households already

Ukraine-Russia crisis: What to know about rising fear of war

THE HAGUE, Netherlands (AP) — The U.S. has obtained intelligence indicating that the Russian government has developed a plan to stage a fake Ukrainian attack to establish a pretext for military action, according to a senior Biden administration offici...

WHO: Europe entering ‘plausible endgame’ to COVID pandemic

COPENHAGEN (AP) — The director of the World Health Organization’s Europe office said Thursday the continent is now entering a “plausible endgame” to the pandemic and that the number of coronavirus deaths is starting to plateau.

Sweden joins others in announcing end of virus restrictions

STOCKHOLM (AP) — Sweden on Thursday joined other European nations in saying it will remove coronavirus restrictions. “It is time to open Sweden again,” said Prime Minister

EU nations debating borders, migration policies

LILLE, France (AP) — European Union interior ministers on Thursday were debating ways to beef up the 27-nation bloc’s borders, including by erecting walls or fences, and examine yet again how to kick-start desperately needed reforms to the EU’s malfunc...

Putin heads to China to bolster ties amid Ukraine tensions

MOSCOW (AP) — American and European officials may be staying away from the Beijing Winter Olympics because of human rights concerns, but Russian President Vladimir Putin will be on hand even as tensions soar over his buildup of troops along

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