Category Archives: Economy
Infrastructure spending promises boost for industry
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth.
US economy grows 6.4% in Q1, and it’s likely just the start
WASHINGTON (AP) — The U.S. economy grew at a solid 6.4% rate in the first three months of the year, setting the stage for what economists believe may be the strongest year for the economy in about seven decades.
US jobless claims tick down to 411,000 as economy heals
WASHINGTON (AP) — The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving.
Gun violence tests limits of urban crime prevention groups
HARTFORD, Conn. (AP) — During a particularly violent week in Connecticut’s capital city, Andrew Woods was among a small number of anti-violence workers who rushed in to help victims’ families, offering condolences and referrals to services while trying...
Lilly to seek FDA approval for potential Alzheimer’s drug
INDIANAPOLIS (AP) — Eli Lilly is nearly ready to take another shot at getting approval for a possible Alzheimer’s drug.
EU slaps economic sanctions on Belarus over rights breaches
BRUSSELS (AP) — The European Union slapped economic sanctions on Belarus on Thursday in response to what the bloc called the “escalation of serious human rights violations” including the detention of journalist Raman Pratasevich.
Bank of England warns of rising inflation, but rates held
LONDON (AP) — The Bank of England kept its main interest rate at the record low of 0.1% on Thursday even though it warned that inflation pressures are rising as the British economy bounces back following the lifting of many
Nova Scotia premier drops border restrictions that sparked day-long blockade
HALIFAX — Nova Scotia's premier walked back plans to impose COVID-19-related measures on visitors entering the province from New Brunswick, saying they would be able to come and go without restrictions as of next week. Iain Rankin announced the reversa...
British FM ends 3-nation Southeast Asia trip in Singapore
BANGKOK (AP) — British Foreign Secretary Dominic Raab met with business leaders and officials in Singapore on Thursday as he wrapped up a three-nation trip to Southeast Asia aimed at strengthening his country's ties to the region.
The Latest: Hawaii to drop rules for vaccinated travelers
HONOLULU -- Hawaii is dropping its testing and quarantine rules for vaccinated domestic travelers in two weeks. Gov. David Ige says
