Category Archives: Economy
US sets new Cuba sanctions as Biden meets Cuban-Americans
WASHINGTON (AP) — The Biden administration announced new sanctions on Friday against Cuba's national revolutionary police and its top two officials as the U.S. looks to increase pressure on the communist government following this month's protests on th...
Evictions looming, Biden fails to get Congress to extend ban
WASHINGTON (AP) — A nationwide eviction moratorium is set to expire Saturday after President Joe Biden and Democrats in Congress worked furiously but ultimately failed to align on a long-shot strategy to prevent millions of Americans from being forced ...
Copyright collective can’t force tariffs on university, Supreme Court rules
OTTAWA — The Supreme Court of Canada says a copyright collective cannot force York University to pay specific tariffs for the use of published works in the classroom. In its unanimous decision today, the high court says the law does not
Copyright collective can’t force tariffs on university, Supreme Court rules
OTTAWA — A copyright collective cannot force York University to pay fees for the use of published works in the classroom, given that the school bowed out of a formal arrangement, the Supreme Court of Canada has ruled. In its unanimous
Freeland says Liberals will extend aid programs to October because of uneven rebound
OTTAWA — The federal government is tapping the brakes on its plans to phase out pandemic aid programs this summer, deciding instead to freeze benefits at current levels and extend help by an extra month beyond the previously planned end
US consumers boost spending 1% as inflation remains high
WASHINGTON (AP) — American consumers increased their spending by 1% in June — a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of the
Finance Department says federal deficit was $23.8 billion deficit over April and May
OTTAWA — The federal government ran a deficit of nearly $24 billion over the first two months of its fiscal year, a sharp drop from the unprecedented spending one year earlier at the start of the COVID-19 pandemic. The Finance Department's
Families paying off rent, food, debts with child tax credit
NASHUA, N.H. (AP) — Christina Darling finally replaced her 2006 Chevrolet Equinox after it broke down several times while picking her children up from day care. But the 31-year-old mother of two was struggling to keep up with the car
Harris to visit Singapore, Vietnam, focus on economic ties
WASHINGTON (AP) — Vice President Kamala Harris will visit Singapore and Vietnam next month on a trip focused on strengthening economic ties and celebrating America’s cultural connection with the Indo-Pacific region.
EXPLAINER: What happens after foreclosure moratorium ends
NEW YORK (AP) — Since early 2020, banks across the U.S. have been banned from foreclosing on homes as part of the federal government’s efforts to assist families feeling economic pain caused by the pandemic. On Saturday, the ban will
