Category Archives: Economy
Senate approves Lisa Cook as first Black woman to Fed post
WASHINGTON (AP) — The Senate confirmed economist Lisa Cook on Tuesday to serve on the Federal Reserve's board of governors, making her the first Black woman to do so in the institution's 108-year history.
TSA is expanding use of screeners to help at busy airports
COPPELL, Texas (AP) — The chief of the Transportation Security Administration said Tuesday that his agency has quadrupled the number of employees who could bolster screening operations at airports that become too crowded this summer.
Judge won’t make Sen. Warren retract letter about COVID book
SEATTLE (AP) — A federal judge in Seattle has declined to order Sen. Elizabeth Warren to retract statements she made criticizing a book that promotes misinformation about COVID-19 and suggesting that companies that sold it might face liability.
Court hearing: Did Biden legally suspend oil lease sales?
NEW ORLEANS (AP) — President Joe Biden legally called for suspending new and gas lease sales while considering their effect on climate change, and onshore and offshore sales were legally postponed, a federal attorney argued Tuesday.
House panel alleges cover-up by contract vaccine maker
WASHINGTON (AP) — Executives at contract vaccine manufacturer Emergent BioSolutions covered up quality control problems that led to more than 400 million doses of coronavirus vaccines needing to be trashed, congressional investigators said in a report ...
Parents hunting for baby formula as shortage spans US
WASHINGTON (AP) — Parents across the U.S. are scrambling to find baby formula because supply disruptions and a massive safety recall have swept many leading brands off store shelves.
EXPLAINER: What caused Sri Lanka’s economic collapse?
COLOMBO, Sri Lanka (AP) — The South Asian nation of Sri Lanka is experiencing an unprecedented economic collapse that has pushed the government into a deep crisis. The island is struggling to import basic necessities for its 22 million people
Musk says he would reverse Twitter’s ban of Donald Trump
LONDON (AP) — Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership.
EXPLAINER: Why is Hungary blocking sanctions on Russian oil?
BUDAPEST, Hungary (AP) — As the European Union tries to impose sanctions on Russian oil over the war in Ukraine, Hungary has emerged as one of the biggest obstacles to unanimous support needed from the bloc's 27 member nations.
Putin urges stronger action to prevent wildfires
MOSCOW (AP) — Russian President Vladimir Putin urged authorities on Tuesday to take stronger action to prevent wildfires and increase coordination between various official agencies in dealing with them.
