Category Archives: Economy

General promises US ‘surge’ against foreign cyberattacks

WASHINGTON (AP) — The general who leads U.S. efforts to thwart foreign-based cyberattacks, and punish those responsible, says he’s mounting a “surge” to fight incursions that have debilitated government agencies and companies responsible for critical i...

Census: Relief programs staved off hardship in COVID crash

WASHINGTON (AP) — Massive government relief passed in response to the COVID-19 pandemic moved millions of Americans out of poverty last year, even as the official poverty rate increased slightly, the Census Bureau reported Tuesday.

UK minister: Regulator concern sank deal for Valneva shot

LONDON (AP) — The U.K. government canceled an agreement with French vaccine maker Valneva partly because it was clear the company’s COVID-19 shot wouldn’t be approved by British regulators, the health secretary said Tuesday.

Free rides take $104M toll on Pennsylvania Turnpike finances

CARLISLE, Pa. (AP) — More than $104 million in Pennsylvania Turnpike tolls went uncollected last year as the agency fully converted to all-electronic tolling, with the millions of motorists who don't use E-ZPass having a nearly 1 in 2 chance

UK payrolls above pre-pandemic level and job vacancies soar

LONDON (AP) — The number of people on payroll in the U.K. has soared back to levels last seen before the coronavirus pandemic struck a year and a half ago, official figures showed Tuesday in the latest clear signal that

Third shot: UK to offer COVID booster jabs to over 50s

LONDON (AP) — The U.K. announced Tuesday it will offer a third dose of coronavirus vaccine to everyone over 50 and other vulnerable people to help the country ride out the pandemic through the winter months.

UK delays post-Brexit border checks, citing pandemic impact

LONDON (AP) — Britain announced Tuesday it is delaying the start of post-Brexit border checks on food imports from the European Union, saying trade disruption from the coronavirus pandemic has already piled pressure on businesses.

Spain’s govt steps in to halt record rise in power prices

MADRID (AP) — Spain’s Socialist-led coalition government said Tuesday it is slashing energy taxes and imposing a temporary windfall tax on the gains of energy companies in an attempt to drive down household electricity bills, which have surged to recor...

After Norway election, Labor leader poised to become new PM

COPENHAGEN, Denmark (AP) — The leader of Norway’s Labor Party will start talks Tuesday in an attempt to build a coalition after the center-left bloc beat the incumbent Conservatives and won Norway's general election.

Democrats seek corporate, wealthy tax hikes for $3.5T plan

WASHINGTON (AP) — House Democrats unveiled a sweeping proposal for tax hikes on big corporations and the wealthy to fund President Joe Biden's $3.5 trillion rebuilding plan, as Congress speeds ahead to shape the far-reaching package that touches almos...

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