Category Archives: Economy

Baby formula shortage highlights racial disparities

COLUMBIA, Md. (AP) — Capri Isidoro broke down in tears in the office of a lactation consultant. The mother of two had been struggling to breastfeed her

Iraqi lawmakers pass bill criminalizing any ties with Israel

BAGHDAD (AP) — Iraqi lawmakers on Thursday passed a bill criminalizing normalization of ties and any relations, including business ties, with Israel. The legislation says that violation of the law is punishable with the death sentence or life imprisonm...

China’s FM visits Kiribati, where fishing ground is at stake

WELLINGTON, New Zealand (AP) — China's foreign minister on Friday arrived on the remote Pacific nation of Kiribati, where the future of a vast fishing ground is at stake.

Senate confirms Steven Cliff to lead highway safety agency

DETROIT (AP) — The Senate on Thursday confirmed former California pollution regulator Steven Cliff to run the National Highway Traffic Safety Administration. President Joe Biden’s pick to

Lease terms for California offshore wind projects released

SACRAMENTO, Calif. (AP) — The Biden administration has released the lease terms for offshore wind projects that would place hundreds of turbines in California's coastal waters — the first such project off the nation's Pacific coast.

Korean solar panel firm to hire 470 at $171M Georgia plant

DALTON, Ga. (AP) — A Korean solar panel maker announced Thursday that it will expand its presence in Georgia, building a new $171 million plant next to an existing factory in Dalton.

B.C. financial regulator advises three-day ‘cooling-off’ period for homebuyers

VANCOUVER — The regulator for British Columbia's real estate sector has recommended that the province adopt a so-called "cooling-off" period of three business days to protect people buying a home, through legislation tabled this spring. A report from t...

Justices won’t block Biden policy on ‘social cost of carbon’

WASHINGTON (AP) — The Supreme Court on Thursday allowed the Biden administration to use a higher estimate, challenged by Republican-led states, for calculating damages to people and the environment from greenhouse gas emissions.

Sri Lanka PM stresses urgency for economic reform plan

COLOMBO, Sri Lanka (AP) — Sri Lanka's prime minister said Thursday that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund — because global inflation and the financial impact of Russia's invasion o...

Canada’s big banks treat Indigenous, visible minority customers unequally: watchdog

Pressure sales tactics. Ill-fitted suggestions. Misleading information. Visible minority and Indigenous customers at Canada’s big banks more often received inappropriate treatment from sales staff, part of a wider trend of "concerning" interactions bet...

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