Category Archives: Economy
EU recommends relief funds for consumers hit by energy costs
BRUSSELS (AP) — The European Union on Wednesday urged member countries to provide relief funds to consumers and small businesses hit hardest by rising gas and electricity prices, as criticism mounts that the bloc’s climate change fighting policies are ...
Troubled student loan forgiveness program gets an overhaul
The Biden administration is temporarily relaxing the rules for a student loan forgiveness program that has been criticized for its notoriously complex requirements — a change that could offer debt relief to thousands of teachers, social workers, milita...
The Latest: LA OKs vaccine mandates for restaurants, bars
LOS ANGELES — Los Angeles leaders have voted to enact one of the nation’s strictest vaccine mandates. The sweeping measure
German parties look to Social Democrats to lead next govt
BERLIN (AP) — The two parties that emerged as the likely kingmakers from Germany's election last month said Wednesday they will hold talks on a possible new government under the leadership of the center-left Social Democrats.
Pandora Papers a worry for Czech PM Babis ahead of election
PRAGUE (AP) — Czech Prime Minister Andrej Babis is heading into a parliamentary election this week hit by yet another scandal that links him and hundreds of other wealthy people to offshore accounts.
Boris Johnson brushes off UK woes, vows to transform economy
MANCHESTER, England (AP) — Prime Minister Boris Johnson shrugged off Britain's problems of empty gas pumps, worker shortages and gaps on store shelves as he told fellow Conservatives on Wednesday that the U.K. would emerge from Brexit and the coronavir...
Los Angeles OKs one of strictest US vaccination mandates
LOS ANGELES (AP) — Los Angeles leaders on Wednesday approved one of the nation's strictest vaccine mandates — a sweeping measure that requires the shots for everyone entering bars, restaurants, nail salons, gyms or even a Lakers game.
Ship anchor suspected in pipeline break that fouled beaches
LOS ANGELES (AP) — An anchored cargo ship in the Pacific is not a fixed point — it's different than parking a car. Even then, with a multi-ton anchor and brawny steel chains resting on the seabed, the massive vessels
Delay after alarm puts California spill response in question
Amplify Energy’s emergency response plan for a major oil spill like the one it’s now dealing with in coastal Southern California depended heavily on a quick shutdown of the San Pedro Bay Pipeline if its sensors picked up a
Token of all tokens: Could a $1T coin fix the debt limit?
WASHINGTON (AP) — Some politicians think they've found a silver bullet for the impasse over the debt limit, except the bullet is made of platinum: Mint a $1 trillion coin, token of all tokens, and use it to flood the
