Category Archives: Economy
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON (AP) — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that could bring on a financial crisis.
Antivirus pioneer John McAfee found dead in Spanish prison
MADRID (AP) — John McAfee, the creator of McAfee antivirus software, was found dead in his jail cell near Barcelona in an apparent suicide Wednesday, hours after a Spanish court approved his extradition to the United States to face tax
McAfee antivirus software creator dead in Spanish prison
MADRID (AP) — John McAfee, the creator of the McAfee antivirus software, has been found dead in his cell in a jail near Barcelona, a government official told The Associated Press on Wednesday.
Kite hits power line, severely burning Washington state man
BREMERTON, Wash. (AP) — A man flying a kite in Washington state was shocked and suffered severe burns after his kite hit an electricity transmission line, officials said.
Alaska offers 58-year-old ferry for free to the Philippines
JUNEAU, Alaska (AP) — The state of Alaska is trying to dispose of a 58-year-old ferry, and even has offered to give it free to the government of the Philippines.
British travel industry urges swifter reopening of sector
LONDON (AP) — The U.K.’s travel industry held a day of action Wednesday, pressing the British government to allow more quarantine-free travel and provide cash-strapped businesses with much-needed financial support.
AP sources: Officials mulling ousting US prisons director
WASHINGTON (AP) — Senior Biden administration officials have discussed whether to remove the holdover director of the beleaguered federal Bureau of Prisons who has been at the center of the agency’s myriad crises.
US votes against UN resolution condemning US embargo on Cuba
UNITED NATIONS (AP) — The United States voted against a U.N. resolution Wednesday that overwhelmingly condemned the American economic embargo of Cuba for the 29th year, maintaining the Trump administration’s opposition and refusing to return to the Oba...
Harris to visit US-Mexico border area regarding migration
WASHINGTON (AP) — Vice President Kamala Harris will make her first visit on Friday to the U.S.-Mexico border since taking office, following criticism from members of both parties for failing to go earlier despite her role leading the Biden administrati...
Black cops seek $8M in University of Washington racism claim
SEATTLE (AP) — Five Black officers with the University of Washington Police Department have filed claims of racism against the department and are seeking $8 million in damages, alleging they were routinely insulted and demeaned by co-workers and superv...
