Category Archives: Economy

Trump-era law on surprise medical bills advances under Biden

WASHINGTON (AP) — The Biden administration on Thursday began putting in place consumer protections against “surprise” medical bills enacted in bipartisan legislation signed last year by former President Donald Trump.

Asian shares higher, but China down after tough talk from Xi

TOKYO (AP) — Shares were mostly higher in Asia on Friday, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by Chinese President Xi Jinping.

Greece: Fugitive far-right former lawmaker arrested

ATHENS, Greece (AP) — A leading member of Greece’s extreme right-wing Golden Dawn party has been arrested in Athens, nearly nine months after he disappeared before a court sentenced him to 13 years in prison.

Robinhood’s customer ranks grow, revenue soars ahead of IPO

NEW YORK (AP) — Robinhood saw its revenue more than quadruple early this year as the new generation of investors it’s helped empower shook up Wall Street with their newfound trading power.

White House reports 56% of hires are women, pay gap narrowed

WASHINGTON (AP) — President Joe Biden has filled about 56% of his senior White House staff positions with women, including about 36% who come from racially and-or ethnically diverse backgrounds, according the White House.

New Mexico gives most US funding to child care of any state

SANTA FE, N.M. (AP) — New Mexico is directing the nation's biggest chunk of federal coronavirus relief money to helping middle-class families pay for child care, a vast expansion aimed at getting parents back to work in one of the

What’s in a tag? Twitter revamps misinformation labels

Last May, as Twitter was testing warning labels for false and misleading tweets, it tried out the word “disputed" with a small focus group. It didn't go over well.

Overhaul makes it easier for aspiring teachers to get grants

The U.S. Education Department on Thursday loosened the rules around a grant program that’s intended to help aspiring teachers pay for college but has actually left thousands stuck with student debt.

Rio de Janeiro police evict tent city of pandemic ‘refugees’

RIO DE JANEIRO (AP) — Police started evicting several hundred homeless families from a recently established tent city near Rio de Janeiro on Thursday, an event that underscored Brazil's resurgent poverty during the pandemic.

After years of deadly fires, PG&E again vows to do better

SANTA ROSA, Calif. (AP) — The nation’s largest utility has long vowed to change its reckless ways, but year after year there’s more death and destruction from Northern California wildfires sparked by Pacific Gas & Electric’s equipment.

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