Category Archives: Economy
Court: Turkish Halkbank to be charged in Iran sanctions case
NEW YORK (AP) — A Turkish bank must face criminal charges that it evaded sanctions against Iran by processing billions of dollars of Iranian oil revenue, an appeals court ruled Friday.
Giuliani associate convicted of campaign finance crimes
NEW YORK (AP) — A Florida businessman who helped Rudy Giuliani’s effort to dig up dirt on Joe Biden in Ukraine was convicted Friday of campaign finance crimes, including funneling a Russian entrepreneur's money to U.S. politicians.
Where are the workers? Cutoff of jobless aid spurs no influx
INDIANAPOLIS (AP) — Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the mi...
Justice Department to expand redlining investigation efforts
WASHINGTON (AP) — The Justice Department announced Friday a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods. It is the first major expansion of redl...
NOT REAL NEWS: A look at what didn’t happen this week
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the
US budget deficit hits $2.77 trillion in 2021, 2nd highest
WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years reflect trillions of dollars in
Where are the workers? Cutoff of jobless aid spurs no influx
INDIANAPOLIS (AP) — Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the mi...
Line 5 dispute ‘directly and significantly’ impacting Canada-U.S. relations: Enbridge
WASHINGTON — Michigan's efforts to shut down Enbridge Inc.'s Line 5 cross-border pipeline have "directly and significantly" impacted the relationship between Canada and the United States, the company argues in new court documents. Lawyers for Enbridge...
US intel warns China could dominate advanced technologies
WASHINGTON (AP) — U.S. officials issued new warnings Friday about China’s ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and possible dominance over health care and ...
Chinese tax agency investigating high-profile developer
BEIJING (AP) — The Chinese government said Friday it is investigating possible tax evasion by a subsidiary of high-profile real estate developer SOHO China Ltd., the target of an aborted takeover attempt this year by Blackstone Group.
