Category Archives: Economy

Looking to deepen pain for Putin, West studying oil and gas

WASHINGTON (AP) — The United States unleashed some of its toughest actions against Russian President Vladimir Putin right after he rolled his troops into Ukraine. Polls in the U.S. find that people want Washington to do more. So what’s left,

Why Fed worries about the strongest US job market in decades

WASHINGTON (AP) — Chair Jerome Powell isn't as pleased with the robust U.S. job market as you might think he'd be, and he and the Federal Reserve plan to do something about it: Take it down a notch.

EXPLAINER: Can climate change be solved by pricing carbon?

BILLINGS, Mont. (AP) — As climate change bakes the planet, dozens of nations and many local governments are putting a price tag on greenhouse gas emissions that are increasing flooding, droughts and other costly catastrophes.

EXPLAINER: Why are Disney and DeSantis feuding in Florida?

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis has signed into law a bill to dissolve a private government controlled by Disney that provides municipal-like services for its 27,000 acres (nearly 11,000 hectares) in the Sunshine State.

Big greenhouse gas state taking biggest climate step yet

HARRISBURG, Pa. (AP) — More than two years after he started work on it, Gov. Tom Wolf is set to enact the centerpiece of his plan to fight climate change, making Pennsylvania the first major fossil fuel state to adopt

Plan to ban menthol cigarettes prompts late lobbying blitz

WASHINGTON (AP) — As federal officials finalize a long-awaited plan to ban menthol cigarettes, dozens of interest groups have met with White House staffers to try to influence the process, which has the potential to save hundreds of thousands of

Sri Lanka to receive World Bank help to face economic crisis

COLOMBO, Sri Lanka (AP) — Sri Lanka will receive $300 million to $600 million from the World Bank over the next four months to buy medicine and other essential items, the country’s finance minister said Friday, as the Indian ocean

As the Bay store in Winnipeg gets a new life, here are some moments from its past

WINNIPEG — The iconic Hudson's Bay Co. building in downtown Winnipeg is to get a new life with a transfer to Indigenous leadership. Here is some background about the historical six-storey, 60,000-square-metre building: — It was the flagship store for t...

Big Tech faces ‘major’ EU law on hate speech, disinformation

LONDON (AP) — Taking aim at hate speech, disinformation and other harmful content online, the European Union is nearing agreement on a sweeping law that would force big tech companies to police themselves harder, make it easier for users to

Indonesia to ban exports of cooking oil to reduce shortages

JAKARTA, Indonesia (AP) — Indonesia will ban exports of cooking oil and its raw materials to reduce domestic shortages and hold down skyrocketing prices, President Joko Widodo announced Friday, a day after hundreds of people protested in the capital ag...

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