Category Archives: Economy
US intelligence satellite launched from California
LOS ANGELES (AP) — A classified satellite for the U.S. National Reconnaissance Office was launched into space from California on Wednesday. The NROL-87 satellite lifted off at
Macklem tells senators path for falling inflation rates is uncertain
OTTAWA — The country's top central banker is warning of uncertainty for how quickly three-decade-high inflation rates will come back down to the Bank of Canada's comfort zone. Governor Tiff Macklem told the Senate's banking committee on Wednesday that ...
N Ireland orders halt to border checks in new Brexit glitch
LONDON (AP) — Northern Ireland’s agriculture minister on Wednesday ordered a halt to post-Brexit border checks at ports, another complication in a saga that has soured relations between the U.K. and the European Union.
Revenue windfall pushes states to consider range of tax cuts
ANNAPOLIS, Md. (AP) — Soaring tax revenue and billions in pandemic aid from the federal government have left many states with an unusual problem — too much money.
EXPLAINER: COVID vaccines for kids under 5: What’s next?
Parents who thought their children under 5 would have to wait several more months for COVID-19 vaccinations instead just might get them as early as March. Here's what needs to happen first, and some things to expect if they do
Emails raise questions about Canadian transportation regulator’s independence
Newly revealed correspondence between the federal government and the Canadian Transportation Agency (CTA) at the start of the pandemic is raising renewed questions around the regulator's independence. The unredacted emails show CTA chairman Scott Strei...
Czech Republic to end mandatory COVID testing this month
PRAGUE (AP) — The Czech Republic’s government has agreed to end mandatory coronavirus testing at schools and companies this month, the prime minister said Wednesday. The testing
Caution from OPEC+ producers to keep oil prices high
FRANKFURT, Germany (AP) — Oil cartel OPEC and allied producing countries are sticking with cautious increases in the amount of oil they send to the global economy, a decision likely to support prices that are near seven-year highs amid fears
EU wants to allow natural gas, nuclear in green investment
BRUSSELS (AP) — The European Union on Wednesday proposed including nuclear energy and natural gas in its plans for building a climate-friendly future, dividing member countries and drawing outcry from environmentalists as “greenwashing."
UK’s embattled Johnson seeks reset with major economic plan
LONDON (AP) — The British government set out plans Wednesday to shift power and wealth to the left-behind regions of the country, a long-standing promise to the working-class voters who helped put Prime Minister Boris Johnson in office.
