Category Archives: Economy

White House, Democrats tangle over Biden bid to raise taxes

WASHINGTON (AP) — President Joe Biden has a simple message for fellow Democrats about his plan to raise taxes to remake large swaths of the American economy: look beyond the bottom line.

Merkel calls migrant push at EU’s border ‘unacceptable’

WARSAW, Poland (AP) — German Chancellor Angela Merkel said Saturday that she found it unacceptable that refugees were being used to apply pressure to Poland and other European Union members on the border with Belarus.

AP FACT CHECK: Biden’s goal for cleaner jet fuel may not fly

DALLAS (AP) — President Joe Biden and his team are promoting an agreement reached with the U.S. airline industry to cut aircraft greenhouse-gas emissions 20% by decade's end, but the deal might not fly.

California may impose toughest rules on recycling labels

SACRAMENTO, Calif. (AP) — California lawmakers have approved what advocacy groups say are the nation's strongest protections against falsely labeling items as recyclable when they in fact are destined for landfills.

Growing vaccine mandates reveal split in labour movement

TORONTO — The head of Canada's largest private sector labour union has a blunt message for Unifor staff: Get vaccinated or find another job. The union recently advised its 425 staff membersthat they will be placed on an unpaid leave of

FDA official hopeful younger kids can get shots this year

The Food and Drug Administration’s vaccine chief said Friday the agency will rapidly evaluate COVID-19 vaccinations for younger children as soon as it gets the needed data — and won't cut corners.

Arizona sells Unilever bonds over Ben & Jerry’s Israel move

PHOENIX (AP) — Arizona has sold off $93 million in Unilever bonds and plans to sell the remaining $50 million it has invested in the global consumer products company over subsidiary Ben & Jerry's decision to stop selling its ice

Giuliani associate pleads guilty in campaign donation case

NEW YORK (AP) — A Florida businessman who gained notoriety for helping Rudy Giuliani seek damaging information on Joe Biden in Ukraine pleaded guilty Friday to a charge alleging he facilitated illegal foreign campaign contributions in an effort to buil...

India seeks Australian investment in defense industry

NEW DELHI (AP) — India sought investment from Australia’s defense industry on Friday as the two countries discussed ways to bolster defense ties and cooperate on maritime security in the Indo-Pacific region, where China's military strength and influenc...

White House competition council seeks lower consumer prices

A new White House council on U.S. economic conditions held its first meeting Friday, with participants highlighting at least 18 actions taken to help consumers and potentially lower prices.

Discuss on boreal.social