Category Archives: Economy
Shanghai moves toward ending 2-month COVID-19 lockdown
SHANGHAI (AP) — Shanghai authorities say they will take major steps Wednesday toward reopening China's largest city after a two-month COVID-19 lockdown that has set back the national economy and largely confined millions of people to their homes.
Biden plots inflation fight with Fed chair as nation worries
WASHINGTON (AP) — Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on th...
Crowd confronts cleric at Iran tower collapse that killed 33
DUBAI, United Arab Emirates (AP) — Protesters angry over a building collapse in southwestern Iran that killed at least 33 people shouted down an emissary sent by Supreme Leader Ayatollah Ali Khamenei, sparking a crackdown in which riot police clubbed
Biden to meet Fed chair as inflation bites pocketbooks
WASHINGTON (AP) — President Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans' pocketbooks. The meeting
Manitoba proposes path to increase minimum wage above inflation
WINNIPEG — The Manitoba government is proposing legislation that would allow for a higher minimum wage to help people cope with inflation, but said it will consult with business and labour groups before deciding on an exact figure. "We are living
Ottawa announces $247 million to create 25,000 apprenticeship positions across Canada
HALIFAX — The federal government is announcing nearly $247 million to help create more than 25,000 apprenticeship positions in the skilled trades across Canada. Employment Minister Carla Qualtrough says the money will fund 13 programs to help small- an...
Recorded Future CEO on cybersecurity firm’s journalistic aim
SOMERVILLE, Massachusetts (AP) — The cybersecurity firm Recorded Future boasts some 1,400 clients and enjoys considerable respect. But the threat-intelligence business wasn’t enough for CEO Christopher Ahlberg. Two years ago, he created an online cyber...
NATO looks to ‘historic’ Madrid summit, with Sweden, Finland
BARCELONA, Spain (AP) — NATO Secretary-General Jens Stoltenberg said Monday that next month's summit in Madrid will be a “historic” opportunity to strengthen the alliance in the face of Russian aggression against Ukraine.
Russia offers foreign debt payment system similar to gas one
MOSCOW (AP) — Russia said Monday it may use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts.
German parties reach deal to move ahead with defense boost
BERLIN (AP) — Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a big increase in defense spending that Chancellor Olaf Scholz announced three months ago.
