Category Archives: Economy
Bank of Canada to see if QE program has helped, hurt economic inequalities
OTTAWA — The Bank of Canada's unprecedented actions in response to the pandemic have helped hard-hit workers, but governor Tiff Macklem said Thursday that the measures may have increased economic inequality at the same time.During a speech to students ...
Ex-UK PM Cameron grilled over links to bankrupt finance firm
LONDON (AP) — Former British Prime Minister David Cameron said Thursday he never suspected that a financial services company he lobbied for would go under, threatening thousands of jobs at a steel firm it helped finance.
EPA revokes Trump-era policy that loosened clean-air rules
WASHINGTON (AP) — The Environmental Protection Agency is revoking a Trump-era rule that overhauled how the agency evaluates air pollutants, a move the Biden administration says will make it easier to enact limits on dangerous and climate-changing emiss...
WWII secretary to Wernher von Braun dies in Alabama
HUNTSVILLE, Ala. (AP) — The World War II secretary to German rocket pioneer Wernher von Braun has died in Alabama, where she spent much of her postwar life.
School nurses, health service corps part of $7.4B virus plan
WASHINGTON (AP) — The government is providing $7.4 billion to expand the nation's public health capacity, including hiring school nurses to vaccinate kids, setting up a health care service corps and bolstering traditional disease detection efforts, Whi...
Missouri governor drops voter-approved Medicaid expansion
JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson dropped plans Thursday to expand the state's Medicaid health care program to thousands of low-income adults after the Republican-led Legislature refused to provide funding for the voter-approved meas...
Back to square one? Trump decision still weighs on Facebook
Suppose you were Mark Zuckerberg, recently ordered by an advisory board to decide how long former President Donald Trump should stay banned from Facebook. How do you make that decision without alienating key constituencies — advertisers, shareholders, ...
Bitcoin slips below $50k after Musk says Tesla won’t take it
NEW YORK (AP) — The price of bitcoin fell below $50,000 Thursday morning after Tesla CEO Elon Musk tweeted a day earlier that the electric car maker would stop accepting the digital currency as payment for its vehicles.
Bitcoin slips below $50k after Musk says Tesla won’t take it
NEW YORK (AP) — The price of bitcoin fell below $50,000 Thursday morning after Tesla CEO Elon Musk tweeted a day earlier that the electric car maker would stop accepting the digital currency as payment for its vehicles.
US jobless claims fall to 473K as more GOP governors bar aid
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
