Category Archives: Economy

Federal investigators to examine deadly Phoenix tanker crash

PHOENIX (AP) — Federal safety officials said Thursday they will investigate a crash in which authorities said a milk tanker going too fast collided with seven passenger vehicles on a Phoenix freeway, killing four people and injuring at least nine.

Fight over Canadian oil rages on after pipeline’s demise

BILLINGS, Mont. (AP) — The Keystone XL is dead after a 12-year attempt to build the oil pipeline, yet the fight over Canadian crude rages on as emboldened environmentalists target other projects and pressure President Joe Biden to intervene —

Democrats move to cover recall costs, speed up election date

LOS ANGELES (AP) — Democratic leaders in the California Legislature announced Thursday the state would cover the estimated $215 million cost to stage an expected recall election that could oust Democratic Gov. Gavin Newsom from office, potentially allo...

Governor tours Arizona fires, calls for special session

PHOENIX (AP) — Arizona Gov. Doug Ducey on Thursday called a special session of the state Legislature to boost wildfire funding as two large wildfires continue to burn in south-central Arizona.

Business Highlights: Prices jump, jobless claims drop

___ Another jump in prices tightens the squeeze on US consumers

Judge blocks drilling plans in 2 states, citing bird habitat

CHEYENNE, Wyo. (AP) — A judge has halted plans for oil and gas drilling on vast areas of Wyoming and Montana, citing concerns about a sagebrush-dwelling bird.

Alberta finance minister defends $1.3B loss on Keystone XL as ‘calculated decision’

EDMONTON — Alberta’s finance minister says the province's $1.3-billion investment of taxpayers’ money in the now-defunct Keystone XL oil pipeline project was a prudent gamble given the potential payoff in profits and jobs. “We did commit to delivering ...

Leak of billionaires’ tax data draws GOP outcry over privacy

WASHINGTON (AP) — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid l...

Senators eye $579B in new infrastructure spending, $1T plan

WASHINGTON (AP) — A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as negotiators try to strike a nearly $1 trillion deal on President Joe Biden's top priority, according to those briefed

New federal COVID-19 safety rules exempt most employers

NEW YORK (AP) — The Biden administration has exempted most employers from long-awaited rules for protecting workers from the coronavirus, angering labor advocates who had spent more than a year lobbying for the protections.

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