Category Archives: Economy

Postal Service looks to raise first-class stamp to 58 cents

WASHINGTON (AP) — The U.S. Postal Service wants to raise rates on first-class stamps from 55 cents to 58 cents as part of a host of price hikes and service changes designed to reduce debt for the beleaguered agency.

SEC says group illegally raised $2B in crypto offering

WASHINGTON (AP) — Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion from retail investors without being properly registered.

Woman arrested at US border with sloth, crocodile parts

HIGHGATE SPRINGS, Vt. (AP) — A Montreal woman has been arrested on charges of trying to cross the U.S. border into Canada with “numerous undeclared wildlife items," including a three-toed sloth, 18 crocodile skulls and heads and seven crocodile feet,

Alaska budget debate drags on in special session

JUNEAU, Alaska (AP) — Debate over the state budget will extend into June, with Alaska lawmakers breaking for the holiday weekend and the biggest items, including the size of check to pay residents from the state's oil-wealth fund, still to

FAA questions lead to new halt in deliveries of Boeing plane

CHICAGO (AP) — Boeing has again halted deliveries of its 787 jetliner after federal regulators asked for more information about production flaws, including small gaps where panels of the fuselage are joined.

Independent internet providers prepare to raise prices in wake of CRTC decision

TORONTO — Several independent internet providers said Friday they will raise prices or eliminate some services after an unexpected regulator setback this week, with at least one company calling for the head of the CRTC to resign.The telecommunications ...

Alaska official backs key approval for proposed gold mine

JUNEAU, Alaska (AP) — A proposed gold mine in western Alaska has won a key approval, with a state official rejecting an administrative law judge's findings that the state Department of Environmental Conservation lacked “reasonable assurance” the projec...

Ex-Southwest Airlines pilot sentenced for lewd act on flight

COLLEGE PARK, Md. (AP) — A retired Southwest Airlines pilot was sentenced to probation Friday after pleading guilty to exposing his genitals to a female first officer and watching pornography on a laptop during a flight from Philadelphia to Florida

Senate OKs Biden nominees to postal board amid mail changes

All three of President Joe Biden’s nominees to the governing board of the U.S. Postal Service have been approved by the Senate, increasing Democratic influence over the agency as its leaders move to overhaul mail operations.

FDA OKs 1st targeted drug for common lung cancer mutation

FAIRLESS HILLS, PA. (AP) — U.S. regulators have approved the first medicine for patients with the most common type of lung cancer whose tumors have a genetic mutation long considered untreatable with drugs.

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