Category Archives: Economy

Alaska governor vetoes amount of this year’s oil check

JUNEAU, Alaska (AP) — Gov. Mike Dunleavy said Thursday he has vetoed from a state spending package this year's dividend check for residents, calling the amount “a joke."

Court: Toppled rig’s owners can’t sue Coast Guard contractor

NEW ORLEANS (AP) — The owner of Gulf of Mexico oil wells broken in 2004 cannot demand damages from a federal contractor who says his equipment has captured enough oil to fill scores of tank trucks, a federal appeals court

EXPLAINER: How could the indictment hurt Trump’s company?

NEW YORK (AP) — The criminal tax fraud charges unsealed against Donald Trump’s company Thursday are a blow to a business already reeling from canceled deals following the insurrection at the U.S. Capitol and the impact of the coronavirus

5 injured after building under construction collapses in DC

WASHINGTON (AP) — Five workers were injured Thursday when a building under construction collapsed in the nation's capital, trapping one man for more than an hour as firefighters worked feverishly to free him from layers of debris.

Evacuations extended near northern Illinois industrial fire

CHICAGO (AP) — Toxic fumes and smoke from a burning former paper mill in northern Illinois that officials had believed was long abandoned but actually contained massive amounts of lithium batteries prompted officials to extend an evacuation order into ...

North Dakota law aimed at regulating PBMs gets support

BISMARCK, N.D. (AP) — A coalition of attorneys general from nearly three dozen states and nine pharmacy associations are supporting a North Dakota law aimed at regulating pharmacy benefit managers.

Clyburn to push Medicaid expansion in series of town halls

COLUMBIA, S.C. (AP) — The third-ranking Democrat in the U.S. House is embarking on a listening tour to talk up the Biden administration's federal aid package and push for Medicaid expansion in states that have not taken that step.

Biden to host naturalization event, push path to citizenship

President Joe Biden will hold a naturalization ceremony Friday at the White House in which 21 immigrants will become citizens as the administration pushes for more pathways to citizenship.

How major US stock indexes fared Thursday

Stocks finished modestly higher Thursday, adding to the gains that helped the market close out its best first half of a year since the dotcom bubble.

CBO projects federal deficit will hit $3 trillion this year

The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five months ago, as it takes into account the cost of President Joe Biden's $1.9 trillion coronavirus

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