Category Archives: Economy
US jobless claims drop to 385,000, another pandemic low
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens.
The Latest: Arizona’s state-run vaccination sites to close
PHOENIX -- Arizona’s state-run COVID-19 vaccination sites, which were touted as a national model, will be shutting down later this month.
Germany says economy may grow 4% this year as pandemic eases
BERLIN (AP) — The German economy, Europe's biggest, may grow up to 4% this year as the coronavirus pandemic recedes, a senior official said Thursday.
China criticizes Western brands’ toys, clothes as unsafe
BEIJING (AP) — The Chinese government has accused H&M, Nike, Zara and other brands of importing unsafe or poor quality children's clothes and other goods, adding to headaches for foreign companies after Beijing attacked them over complaints about p...
UK halts trials of new tanks that vibrate and can’t go fast
LONDON (AP) — The British military said Thursday that it paused trials of its new fleet of light tanks, after a newspaper reported the vehicles can’t travel safely at more than 20 miles (32 kilometers) an hour or reverse over
EU, Mideast nations look to train at Cyprus security center
LARNACA, Cyprus (AP) — Three European Union member nations and three Middle Eastern countries are looking to train personnel in border, customs, maritime and cybersecurity techniques at a cutting-edge U.S.-funded facility in Cyprus that is expected to ...
Asylum-seekers help produce Italy’s famous Brunello wine
CASALE DEL BOSCO, Italy (AP) — Summer is arriving in Italy's wine country in Tuscany, and the leaves on the vines shimmer in gold and green.
Striking seamen in Greece temporarily disrupt ferry services
PIRAEUS, Greece (AP) — Ferry services to the Greek islands were disrupted Thursday morning after a seamen’s union went ahead with a strike that a court had declared illegal.
Biden, GOP senator talk as time drags on infrastructure deal
WASHINGTON (AP) — For nearly an hour, President Joe Biden and the top Senate Republican negotiating infrastructure met behind closed doors — two seasoned legislators engaged in another round of conversations, but emerging with few outward signs of tang...
Drought saps California reservoirs as hot, dry summer looms
OROVILLE, Calif. (AP) — Each year Lake Oroville helps water a quarter of the nation’s crops, sustain endangered salmon beneath its massive earthen dam and anchor the tourism economy of a Northern California county that must rebuild seemingly every year...
