Category Archives: Economy

Germany: 3 more workers found dead at industrial blast site

BERLIN (AP) — The known death toll from an explosion at a German industrial park grew to five Thursday after authorities said the bodies of three more people were recovered from the chemical manufacturing site.

Balkan leaders agree to open borders between nations in 2023

SKOPJE, North Macedonia (AP) — Frustrated with delays in obtaining European Union membership for their countries, three Balkan leaders signed agreements Thursday to open their national borders to each other's citizens and products in 2023 without restr...

Homes lose water as wells run dry in drought-ravaged basin

MALIN, Ore. (AP) — Judy and Jim Shanks know the exact date their home’s well went dry — June 24. Since

Tunisia’s leader wants corrupt tycoons to fund poor regions

TUNIS, Tunisia (AP) — Tunisia's president is proposing that hundreds of tycoons suspected of embezzlement reach a deal with the state to finance public hospitals, schools and development projects in poor regions to avoid convictions.

Revisions show slightly smaller GDP drop last year

WASHINGTON (AP) — The U.S. economy contracted by a slightly smaller amount last year than previously reported and grew slightly more in 2019 and slightly less in 2018.

US economy accelerated at a solid 6.5% rate last quarter

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession.

US economy surpasses pre-pandemic size with 6.5% Q2 growth

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of

US jobless claims down 24,000 to 400,000 as economy recovers

WASHINGTON (AP) — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession.

German court faults Facebook’s past handling of hate speech

BERLIN (AP) — A German federal court on Thursday faulted aspects of Facebook's handling of “hate speech," at least in the past. It ruled that the social network giant can't delete posts without at least informing users afterward, and must

Spanish judge recommends Shakira face tax fraud trial

BARCELONA, Spain (AP) — A Spanish judge investigating alleged tax fraud by Colombian musician Shakira recommended on Thursday that the case go to trial after concluding there is evidence that the pop star could have avoided her fiscal obligations to

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