Category Archives: Economy

Evictions on the rise months after federal moratorium ends

BOSTON (AP) — Soon after losing his trucking job amid the pandemic, Freddie Davis got another blow: His landlord in Miami was almost doubling the rent on his Miami apartment.

Why the Fed feels now is time to tighten credit more quickly

WASHINGTON (AP) — For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates.

LA port sees record 2021 imports despite supply chain snags

LOS ANGELES (AP) — The Port of Los Angeles — the nation’s busiest — is on track to move a record volume of import cargo this year, even as officials struggle to thin a backup of ship traffic and ease

Amid military atrocities, Myanmar public urges gas sanctions

JAKARTA, Indonesia (AP) — The young woman in Myanmar decided to speak out when she realized that money from the company she loved was now in the hands of the military leaders she hated.

States volunteer to take more cuts in Colorado River water

LAS VEGAS (AP) — Water leaders in Arizona, Nevada and California signed an agreement Wednesday to voluntarily reduce their take from the Colorado River to help stave off mandatory cuts in the upcoming years.

AP source: Biden, Manchin sharply divided over $2T Dem bill

WASHINGTON (AP) — President Joe Biden and Sen. Joe Manchin were said to be sharply divided Wednesday over Democrats' huge social and environment bill, with the holdout senator pushing to erase the measure's improved child tax credit, as leaders' hopes

EU, ex-Soviet state leaders meet as Russia tensions simmer

BRUSSELS (AP) — As tensions with Russia simmer, European Union leaders met Wednesday with their counterparts from Ukraine and four other former Soviet republics and pledged to deepen political, trade, energy and cultural ties.

EU, ex-Soviet state leaders meet as Russia tensions simmer

BRUSSELS (AP) — As tensions with Russia simmer, European Union leaders met Wednesday with their counterparts from Ukraine and four other former Soviet republics and pledged to deepen political, trade, energy and cultural ties.

US health tab hit $4T as gov’t opened spigot to fight COVID

WASHINGTON (AP) — U.S. health care spending rocketed to $4.1 trillion last year as Congress opened the spigot of federal dollars to battle the coronavirus pandemic across multiple fronts.

San Francisco to require sick leave for nannies, gardeners

SAN FRANCISCO (AP) — Nannies, house cleaners, gardeners and other San Francisco domestic workers must be given paid sick leave under a groundbreaking law approved by city leaders this week.

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