Category Archives: Economy
Loan relief granted to defrauded for-profit college students
The U.S. Education Department said Wednesday it's erasing student debt for thousands of borrowers who attended a for-profit college chain that made exaggerated claims about its graduates’ success in finding jobs.
White House: Markets showing little worry about inflation
The White House believes it has an ally in the bond markets to make the case that inflation isn't an economic threat.
India says Twitter knowingly not complying with local laws
NEW DELHI (AP) — The standoff between the Indian government and Twitter escalated Wednesday when the country’s technology minister accused the social media giant of deliberately not complying with local laws.
The Latest: Biden stresses human rights in talks with Putin
GENEVA — President Joe Biden says he stressed human rights issues in his meeting with Russian President Vladimir Putin. That includes the cases of two Americans who Biden says are “wrongfully imprisoned” in Russia.
Annual inflation rate climbs to 3.6 per cent in May, highest in a decade
OTTAWA — Prices across the country rose at their fastest annual rate in a decade last month, with the promise of similar numbers through to the fall as the national economic reopening from pandemic measures allows consumers to spend more
Asian stocks follow Wall St lower on Fed hints at rate hikes
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve indicated it might ease off economic stimulus earlier than previously thought.
China says nuclear fuel rods damaged, no radiation leak
BEIJING (AP) — A Chinese nuclear power plant near Hong Kong had five broken fuel rods in a reactor but no radioactivity leaked, the government said Wednesday in its first confirmation of the incident that prompted concern over the facility’s
Spain hopes to jumpstart electric car industry with EU funds
BARCELONA, Spain (AP) — Daniel Sánchez is one of the luckier electric car owners in Spain. With a free recharging station less than a kilometer from his home just north of Barcelona, he can keep his Tesla ready to roll.
Lebanon’s crisis threatens one of its few unifiers, the army
BEIRUT (AP) — Since the civil war, through wars with Israel, militant bombings and domestic turmoil, Lebanese have considered their military as an anchor for stability, one of the only institutions standing above the country’s divisions.
The Latest: COVID-19 cases rise in Missouri tourist areas
O’FALLON, Mo. — A swath of southern Missouri is seeing a big rise in coronavirus cases and hospitalizations at just the wrong time — as tourists eager to get out after being cooped up for a year make their way
