Category Archives: Economy

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

Powell: Fed on track to slow aid for economy later this year

WASHINGTON (AP) — The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the

Alaska governor outlines plans for addressing virus surge

ANCHORAGE, Alaska (AP) — Alaska this week reported its highest daily number of resident COVID-19 cases so far this year as health officials struggle to keep pace with testing and contact tracing and hospitals juggle a surge in patients with

Judge urges talks between Purdue Pharma and holdout states

A federal bankruptcy judge on Friday urged states that oppose a settlement plan with Purdue Pharma to try to work out differences with the OxyContin maker before he issues a ruling next week.

Latino city in Arizona grew, but census says it shrank

SOMERTON, Ariz. (AP) — It’s a Thursday evening in Somerton, Arizona, and parents and students packed inside a middle school gym are roaring for the school’s wrestling team at decibels that test the eardrum.

Moldova marks 30 years of independence from Soviet rule

CHISINAU, Moldova (AP) — Moldova’s pro-Western president was joined Friday in the capital Chisinau by her counterparts from Romania, Poland, and Ukraine to celebrate the country’s three decades of independence from Soviet rule.

Senate hopeful Lasry got property tax breaks in 2 states

MADISON, Wis. (AP) — Alex Lasry, a Democratic candidate for U.S. Senate in Wisconsin and son of a co-owner of the Milwaukee Bucks, benefitted from nearly $24,000 in property tax breaks in New York and Wisconsin that are supposed

Federal government posts $12.7B deficit for June, spending down and revenue up

OTTAWA — The federal government posted a deficit of $12.7 billion for June compared with a deficit of $33.6 billion in June 2020. The drop in the deficit came as spending dropped compared with a year ago when Ottawa spent billions

Nearly 90 Northeast organic dairy farms to lose their market

Nearly 90 organic dairy farms in the Northeast, including 28 in Vermont, will lose their contracts with an organic dairy company when it stops buying milk in the region by the end of August of next year, Vermont’s agriculture secretary

UN team: Unclear if Fukushima cleanup can finish by 2051

TOKYO (AP) — Too little is known about melted fuel inside damaged reactors at the wrecked Fukushima nuclear power plant, even a decade after the disaster, to be able to tell if its decommissioning can be finished by 2051 as

Discuss on boreal.social