Category Archives: Economy
Fed to accelerate withdrawal of economic aid as prices surge
WASHINGTON (AP) — Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest-rate policies with inflation accelerating and unemployment falling faster than expected.
Cities wracked by opioids close to getting $26B settlement
McMINNVILLE, Ore. (AP) — The opioid epidemic blew into this picturesque Oregon town like a toxic wind, leaving overdoses, addiction, homelessness and wrecked families in its wake.
Board proposes framework to increase housing options, affordability in Ontario
TORONTO — The Toronto Region Board of Trade is calling on the provincial government to implement a framework that will increase density and housing options across Ontario. In a report released Tuesday, the chamber of commerce proposes a provincial fram...
Women say they do most chores, child care: AP-NORC poll
When it comes to household duties such as changing diapers, handling chores and meals and managing family schedules and activities, many couples who don’t have children expect that they will more or less share the work equally should they have
Vatican fraud trial sees more delay amid procedural errors
VATICAN CITY (AP) — The Vatican’s big fraud and embezzlement trial, which opened to great fanfare in July, suffered another delay Tuesday as the tribunal postponed any further decisions until prosecutors finish redoing their investigation of four of th...
German COVID panel to give advice by Christmas as cases ease
BERLIN (AP) — Members of a new expert panel advising the German government on the coronavirus pandemic held their first meeting Tuesday, amid signs that government restrictions imposed in recent weeks are beginning to slow infection rates.
NATO chief applies for job as Norway’s central bank governor
COPENHAGEN, Denmark (AP) — NATO Secretary-General Jens Stoltenberg said Tuesday that he has applied to be the next governor of Norway's central bank in an appointment that would last for six years if he gets the job.
Data indicate omicron is milder, better at evading vaccines
JOHANNESBURG (AP) — The omicron variant is offering more hints about what it may have in store as it spreads around the globe: A highly transmissible virus that may cause less severe disease, and one that can be slowed —
Omicron stalks UK jobs market after previous fears allayed
LONDON (AP) — Britain’s jobs market appears to have brushed aside the ending of a salary support program that supported millions of jobs during the coronavirus pandemic, official figures showed Tuesday — before the emergence of the omicron variant rais...
Fiscal update has deficit lower than expected but COVID-19 spending still dominates
OTTAWA — The Liberals have found themselves with a financial windfall amid an economic rebound, though the extra room is largely spoken for thanks to COVID-19 measures and relief for flooded British Columbia. Finance Minister Chrystia Freeland’s update...
