Category Archives: Economy

The Latest: UN chief welcomes US vaccine donation to COVAX

UNITED NATIONS -- The United Nations chief is welcoming the Biden administration’s announcement that it will be donating millions of doses of COVID-19 vaccine to the U.N.-backed COVAX facility as well as to individual countries and U.N. front-line pers...

Biden says jobs report bolsters case for government spending

President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going — essentially an argument for his agenda. But the employment numbers issued Friday also hinted at

Biden rebuffs GOP infrastructure offer, citing broader goals

WASHINGTON (AP) — President Joe Biden has dismissed a fresh Republican infrastructure proposal that offered modestly more spending but fell short of “his objectives to grow the economy,” the White House said.

NKorean leader calls for meeting to review battered economy

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has presided over a meeting of his ruling party in his first public appearance in about a month, and called for a larger political conference to discuss efforts to

NKorean leader calls for meeting to review battered economy

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has presided over a meeting of his ruling party in his first public appearance in about a month, and called for a larger political conference to discuss efforts to

NRA drops countersuit, will fight New York AG in state court

NEW YORK (AP) — The National Rifle Association has dropped a lawsuit accusing New York's attorney general of suing the gun rights group last year out of political hostility, opting to challenge her through counterclaims in the same court where

West Virginia gov: Bank deceived family for loan guarantee

CHARLESTON, W.Va. (AP) — In a new court filing, West Virginia Gov. Jim Justice blamed a bankrupt U.K. bank for fraudulently inducing him into personally guaranteeing $700 million in loans that were taken out by his companies.

Latvian woman charged in US with role in cybercrime group

WASHINGTON (AP) — A Latvian woman has been charged with developing malicious software used by a cybercrime organization that infected computers worldwide and looted bank accounts of millions of dollars, the Justice Department said Friday.

FBI subpoenas info on readers of news story on slain agents

WASHINGTON (AP) — The FBI issued a subpoena demanding U.S. newspaper giant Gannett provide agents with information to track down readers of a USA Today story about a suspect in a child pornography case who fatally shot two FBI agents

USDA sending $1B in funding to country’s food bank networks

WASHINGTON (AP) — The Department of Agriculture is sending $1 billion to the country's food bank networks, seeking to expand the reach of the system and revamp the way food banks acquire and distribute aid.

Discuss on boreal.social