Category Archives: Economy

UK to introduce bill next week to breach Brexit deal with EU

LONDON (AP) — The British government said Friday it will introduce a bill next week to override parts of the Brexit trade treaty it signed with the European Union before the U.K. quit the bloc in 2020. The move will

Abortion funds feel frustration, gratitude at ‘rage giving’

Casie Pierce doesn't usually work Fridays. But on the Friday after the draft Supreme Court decision overturning Roe v. Wade was leaked, Pierce, the development director for a Dallas-based abortion fund, which helps people pay for the procedure and asso...

Dutch government angers farmers with tough emission goals

THE HAGUE, Netherlands (AP) — The Dutch government unveiled goals Friday to drastically reduce emissions of nitrogen oxides to protect the environment, a plan that would lead to major upheavals in the Netherlands' multibillion dollar agriculture indust...

Hungary accused of discrimination for discount fuel policy

BUDAPEST, Hungary (AP) — A spokesperson for the European Union's executive arm said Friday that Hungary was discriminating against citizens of other EU countries by offering discounted fuel to drivers of vehicles with Hungarian license plates while dri...

US lifts COVID-19 test requirement for international travel

WASHINGTON (AP) — The Biden administration is lifting its requirement that international travelers test negative for COVID-19 within a day before boarding a flight to the United States, ending one of the last remaining government mandates designed to c...

Russia’s central bank cuts interest rates to prewar level

Russia's central bank cut interest rates back to their prewar levels Friday, saying inflation and economic activity were developing better than expected despite sweeping Western sanctions imposed in response to the war in Ukraine.

US inflation at new 40-year high as price increases spread

WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.

White supremacists are riling up thousands on social media

WASHINGTON (AP) — The social media posts are of a distinct type. They hint darkly that the CIA or the FBI are behind mass shootings. They traffic in racist, sexist and homophobic tropes. They revel in the prospect of a

Biden vows to battle inflation as prices keep climbing

LOS ANGELES (AP) — In President Joe Biden's estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and

Live updates | Biden: Zelenskyy didn’t want to hear US info

LOS ANGELES — President Joe Biden, speaking to donors at a Democratic fundraiser here, said Ukrainian President Volodymyr Zelenskyy “didn’t want to hear it” when U.S. intelligence gathered information that Russia was preparing to invade.