Category Archives: Economy
US jobless claims rise to 419,000 from a pandemic low
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy.
ECB says low rates to stay until the job is done
FRANKFURT, Germany (AP) — Facing unease over the spread of a more-contagious variant of the coronavirus, the European Central Bank said it would maintain its stimulus in the form of ultra-low interest rates until inflation “durably” reaches its 2% targ...
Germany’s Merkel says pipeline deal with US good for Ukraine
BERLIN (AP) — German Chancellor Angela Merkel said Thursday that a compromise deal that will allow the completion of a Russian gas pipeline to Europe without the imposition of further U.S. sanctions is “good for Ukraine.”
AP-NORC poll: Parties split on some infrastructure proposals
WASHINGTON (AP) — The overwhelming majority of Americans -- about 8 in 10 -- favor plans to increase funding for roads, bridges and ports and for pipes that supply drinking water. But that's about as far as Democrats and Republicans
Ping pong: Spat over tracing app as shelves empty in England
LONDON (AP) — In scenes reminiscent of the early days of the coronavirus pandemic, supermarket shelves across England were looking a tad empty on Thursday.
Hong Kong police arrest 5 trade union members for sedition
HONG KONG (AP) — Hong Kong police on Thursday arrested five trade union members over children's books they described as seditious, and a court denied bail for four editors and journalists held on charges of endangering national security, as part
The Latest: Indian government dismisses excess deaths study
DELHI, India — India's government has dismissed a recent study which estimated that the country's excess deaths during the pandemic could be 10 times the official COVID-19 toll, calling it “misleading” and “fallacious."
Dems hit McConnell, who says GOP won’t back debt limit boost
WASHINGTON (AP) — Senate Democrats accused Republicans Wednesday of a “shameless, cynical” ploy that would damage the economy and the government's credit rating after the chamber's GOP leader said his party would vote against raising the federal debt l...
US, Germany seal deal on contentious Russian gas pipeline
WASHINGTON (AP) — The United States and Germany have announced a deal to allow the completion of a controversial Russian gas pipeline to Europe without the imposition of further U.S. sanctions. The agreement aims to stanch fears about European dependen...
Biden says getting COVID-19 vaccine ‘gigantically important’
CINCINNATI (AP) — President Joe Biden expressed pointed frustration over the slowing COVID-19 vaccination rate in the U.S. and pleaded that it's "gigantically important” for Americans to step up and get inoculated against the virus as it surges once ag...
