Category Archives: Economy

Macklem vows clarity so Canadians trust Bank of Canada as inflation stays at 4.7%

OTTAWA — The man at the helm of the Bank of Canada says the central bank has grown uncomfortable with hot inflation readings, which remained at an 18-year high last month, as he vowed to rein in price increases. Governor Tiff

Montana advances grizzly bear plans that could allow hunting

BILLINGS, Mont. (AP) — Montana wildlife officials on Tuesday advanced plans that could allow grizzly bear hunting in areas around Glacier and Yellowstone national parks, if states in the U.S. northern Rockies succeed in their attempts to lift federal p...

San Francisco mayor pledges more police, safety measures

SAN FRANCISCO (AP) — The mayor of San Francisco on Tuesday announced even more initiatives aimed at curbing open drug use, brazen home break-ins and other criminal behavior that she says have made a mockery of the city's famed tolerance

US officials eye fuel supply for advanced nuclear reactors

BOISE, Idaho (AP) — The development of commercial advanced nuclear reactors intended to help combat global warming and enhance national security will need a better supply of the right type of nuclear fuel, U.S. officials said Tuesday.

Father, son blamed for California wildfire out on lower bail

PLACERVILLE, Calif. (AP) — A father and son charged with sparking a devastating Northern California wildfire that destroyed about 1,000 homes near Lake Tahoe earlier this year are out of jail after a judge vastly reduced their bail, largely rejecting

Freeland asks provinces to use more rapid tests, says millions more tests are coming

OTTAWA — Finance Minister Chrystia Freeland pleaded with provinces to use the COVID-19 rapid tests they've already been sent as she promised Ottawa will spend another $1.7 billion to buy millions more of them in the next few months. The dark

Highlights from Finance Minister Chrystia Freeland’s fall economic statement

OTTAWA — Finance Minister Chrystia Freeland released a fall economic statement today that outlined a better-than-expected economic rebound, but also billions more in spending, including on the response to the Omicron variant of COVID-19. Here are some ...

Son of Panama ex-president pleads guilty to money laundering

NEW YORK (AP) — A son of Panama's former president, Ricardo Martinelli, pleaded guilty Tuesday in New York to laundering $28 million in connection with a massive bribery scheme involving a global construction conglomerate.

Italy requires quarantines for unvaccinated EU visitors

MILAN (AP) — Italy’s health minister signed an ordinance Tuesday requiring any unvaccinated visitor from another EU country to quarantine for five days after arriving in a bid to block spread of the omicron variant.

FDA pick Califf parries questions at confirmation hearing

WASHINGTON (AP) — President Joe Biden’s pick to lead the Food and Drug Administration parried questions on crises ranging from the COVID-19 pandemic to the opioid epidemic, during a Senate hearing Tuesday that seemed to bode well for his confirmation.

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