Category Archives: Economy
US economy slowed to a 2% rate last quarter in face of COVID
WASHINGTON (AP) — Hampered by rising COVID-19 cases and persistent supply shortages, the U.S. economy slowed sharply to a 2% annual growth rate in the July-September period, the weakest quarterly expansion since the recovery from the pandemic recession...
China and Serbia praise ‘steel friendship’ amid growing ties
BELGRADE, Serbia (AP) — Serbian officials praised their “steel friendship” with China during talks on Thursday with China’s Foreign Minister Wang Yi amid fears in the West that by heavily investing in the Balkan state, Beijing is trying to exert
Europe gas prices drop on Putin’s order to fill EU storages
MOSCOW (AP) — European gas prices dropped Thursday after Russian President Vladimir Putin instructed the country's major natural gas company to pump more gas into EU storages.
Biden, Dems get low marks on spending talks: AP-NORC poll
WASHINGTON (AP) — As President Joe Biden and Democrats try to get a roughly $2 trillion package over the finish line, a new poll shows that fewer than half of Americans approve of how they have handled the spending bill.
France fines British boats as fishing dispute escalates
LONDON (AP) — Britain said Thursday it would summon the French ambassador for a dressing-down, the latest move in a worsening dispute over fishing licenses that has stoked tensions following the U.K.'s departure from the European Union.
Oil giants deny spreading disinformation on climate change
WASHINGTON (AP) — Top executives of ExxonMobil and other oil giants denied spreading disinformation about climate change as they sparred Thursday with congressional Democrats over allegations that the industry concealed evidence about the dangers of gl...
Biden announces ‘historic’ deal – but still must win votes
WASHINGTON (AP) — President Joe Biden announced Thursday that he and Democrats in Congress have reached a “historic" framework for his sweeping domestic policy package. But he still needs to lock down votes from key colleagues for what's now a
Australia rules out committing to methane reduction target
CANBERRA, Australia (AP) — Australia on Thursday ruled out promising to cut methane emissions by 30% by the end of the decade in a stance that will add to criticism that the country is a laggard in addressing climate change.
FDA sets stronger safety warnings for breast implants
WASHINGTON (AP) — U.S. health regulators on Wednesday finalized stronger warnings for breast implants, including a new requirement that people receive detailed information about their potential risks and complications before getting them.
Ransomware gang says it targeted National Rifle Association
RICHMOND, Va. (AP) — A ransomware gang believed to operate out of Russia says it hacked the National Rifle Association, the most powerful gun-rights group in the United States.
