Category Archives: Economy
VP Harris announces business investments in Central America
WASHINGTON (AP) — Vice President Kamala Harris on Thursday announced commitments from a dozen companies and organizations to invest in Guatemala, Honduras and El Salvador as part of the Biden administration’s efforts to address the root causes of migra...
Biden to GOP: ‘Don’t get in the way’ of infrastructure plan
WASHINGTON (AP) — President Joe Biden on Thursday warned naysayers in Congress not to “get in the way” of his big infrastructure plans as the White House panned a counteroffer from Republican senators to tap unused COVID-19 relief for a
First quarter GDP unchanged at robust 6.4% annual rate
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government's initial estimate. The recovery from last year's deep recession gained steam at the beginning
More jobless getting aid than in past even as cutoffs loom
WASHINGTON (AP) — Far more Americans are receiving unemployment benefits than the last time the jobless rate was at the current 6.1%, thanks to a major expansion of the federal safety net that has provided aid to millions of people
Germany, Norway flip switch on $2.4B undersea energy link
BERLIN (AP) — Germany and Norway inaugurated a new undersea cable Thursday that directly links the two countries' electricity networks, a project that has been described as a key step in Europe's effort to shift away from fossil fuels to
EU weighs Belarus sanctions at sectors close to leader
LISBON, Portugal (AP) — European Union nations sketched out plans Thursday for new sanctions against Belarus, targeting economic sectors close to its authoritarian leader, as they sought to strike back at him for the diversion of a passenger jet to
Boris Johnson defends virus record after ex-aide’s attack
LONDON (AP) — Prime Minister Boris Johnson on Thursday rejected claims by his former chief aide that he botched Britain's coronavirus response and is unfit for office, denying an allegation his government oversaw tens of thousands of needless deaths. ...
European privacy groups challenge facial scan firm Clearview
LONDON (AP) — Privacy campaign groups filed legal complaints Thursday with European regulators against Clearview AI, alleging the facial recognition technology it provides to law enforcement agencies and businesses breaches stringent European Union pri...
Twitter urges Indian gov’t to respect freedom of expression
NEW DELHI (AP) — Twitter on Thursday said it is worried about the safety of its staff in India and called for the government to respect freedom of expression, days after Indian police visited its office in New Delhi over
US pipelines ordered to increase cyber defenses after hack
WASHINGTON (AP) — U.S. pipeline operators will be required for the first time to conduct a cybersecurity assessment under a Biden administration directive in response to the ransomware hack that disrupted gas supplies in several states this month.
