Category Archives: Economy
Ex-House member who resigned amid scandal hit with $220K fee
LOS ANGELES (AP) — Former California congresswoman Katie Hill has been ordered to pay about $220,000 in attorneys’ fees to a British tabloid and two conservative journalists she had sued after the publication of intimate photos without her consent.
Business Highlights: May’s jobs report, Facebook’s Trump ban
___ US businesses struggle to fill jobs even as hiring picks up
Stocks end the week higher as US jobs report calms Fed fears
TOKYO — Wall Street closed out a week of mostly choppy trading with broad gains Friday, pushing the S&P 500 to its second straight weekly gain.
US Navy to christen ship named for Australian capital
MOBILE, Ala. (AP) — The Navy will christen a ship made in Alabama on Saturday, naming it after Australia’s capital city.
No early heads-up from U.S. about plan to propose higher softwood duties, Ng says
WASHINGTON — Canada's international trade minister says she got no warning from her American counterpart before the United States proposed doubling its duties on Canadian softwood lumber. Mary Ng told a House of Commons committee hearing that U.S. Tra...
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
Turkey says it’s made a new natural gas find in Black Sea
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan said Friday that a 135-billion cubic meter natural gas reserve has been discovered in Black Sea waters, which could help the energy-dependent country cover its needs in the years to come.
FDA approves obesity drug that helped people cut weight 15%
Regulators on Friday said a new version of a popular diabetes medicine could be sold as a weight-loss drug in the U.S.
Nigeria suspends Twitter over president’s deleted tweet
LAGOS, Nigeria (AP) — Nigeria’s government said Friday it was suspending Twitter indefinitely in Africa’s most populous nation, a day after the company deleted a controversial tweet President Muhammadu Buhari made about a secessionist movement.
US sued over road project in Mojave desert tortoise habitat
SALT LAKE CITY (AP) — A coalition of conservation groups on Friday sued the U.S. government over the Trump administration’s decision to allow construction of a new four-lane highway through a national conservation area in southern Utah that includes pr...
