Category Archives: Economy
Infrastructure spending promises boost for construction cos.
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies with ties to the construction industry a solid foundation for growth.
Rory Gamble, who led UAW through scandal, pandemic, retires
DETROIT (AP) — Rory Gamble, a former Ford Motor Co. factory worker who led the United Auto Workers through one of the most turbulent periods in its history, is retiring effective June 30 after nearly a half-century of union membership.
Merchant ship crews still stuck at sea amid pandemic
Swansea, WALES (AP) — More than 15 months into the coronavirus pandemic, tens of thousands of seafarers vital to the global shipping industry remain stranded at sea or in ports, unable to leave their ships or get to new assignments
Democrats sue Texas governor over vetoing pay after walkout
AUSTIN, Texas (AP) — Texas Democratic lawmakers who blocked one of America's most restrictive voting measures with a dramatic walkout sued Republican Gov. Greg Abbott on Friday, after he vetoed funds that cover thousands of Capitol paychecks that he sa...
In a Michigan case, appeals court to revisit bump stock ban
KALAMAZOO, Mich. (AP) — A federal appeals court said Friday it would rehear a dispute over a Trump administration ban on bump stocks, a device that allows semiautomatic firearms to fire rapidly.
Break them up? 5 ways Congress is trying to rein in Big Tech
WASHINGTON (AP) — Groundbreaking legislation is advancing in Congress that would curb the market power of tech giants Facebook, Google, Amazon and Apple and could force them to untie their dominant platforms from their other lines of business. Hostilit...
Thailand isolates construction workers to curb virus spread
BANGKOK (AP) — As Thailand struggles to slow its worst wave of coronavirus infections, Prime Minister Prayuth Chan-ocha announced Friday a one-month lockdown of camps where construction workers are housed in Bangkok and nine other areas.
May consumer spending flat; incomes fall and prices jump
WASHINGTON (AP) — Consumer spending was flat in May with incomes dropping for a second month as the impact of the government's pandemic stimulus payments waned. Inflation, however, posted a sizable gain with prices excluding food and energy jumping by
Congress votes to reinstate methane rules loosened by Trump
WASHINGTON (AP) — Congressional Democrats have approved a measure reinstating rules aimed at limiting climate-warming greenhouse gas emissions from oil and gas drilling, a rare effort by Democrats to use the legislative branch to overturn a regulatory ...
Biden administration passes up chance to block oil pipeline
MINNEAPOLIS (AP) — The Biden administration signaled in a court filing this week that it does not plan to cancel federal permits for Enbridge’s Energy's Line 3 oil pipeline project, despite pleas by Native Americans and environmental groups for the
