Category Archives: Economy

Feds: Thousands may have student debt that should be erased

Record-keeping failures by the federal government may have left thousands of Americans saddled with student debt that should have been automatically canceled through a benefit for low-income borrowers, according to a new federal study.

Gov. Whitmer wants federal aid to keep nuclear plant open

Michigan's Democratic governor wants a nuclear power plant on Lake Michigan to stay open and she's asking the federal government to pay for it. But the owner

Florida Senate passes bill to end Disney self-government

TALLAHASSEE, Fla. (AP) — The Florida Senate on Wednesday passed a bill to repeal a law allowing Walt Disney World to operate a private government over its properties in the state, escalating a feud with the entertainment giant over

Years of fruitful relations between Disney, Florida at risk

ORLANDO, Fla. (AP) — The idea was presented to Florida lawmakers in a movie house outside Orlando 55 years ago, with Walt Disney, who had died less than two months earlier, helping make the pitch from the screen: Let Disney

Cryptocurrency miner in latest Russian sanctions targets

WASHINGTON (AP) — The U.S. rolled out new sanctions on Wednesday against more than 40 individuals and entities accused of evading the ongoing wave of penalties imposed on Russia as punishment for invading Ukraine.

Pot shop robberies, deaths fuel calls for US banking bill

SEATTLE (AP) — A surge in robberies at licensed cannabis shops — including a pistol-whipping, gunshots and killings in Washington state last month — is helping fuel a renewed push for federal banking reforms that would make the cash-dependent stores

IMF, World Bank chiefs warn of debt squeeze in poor nations

WASHINGTON (AP) — The heads of the International Monetary Fund and the World Bank warned Wednesday that rising interest rates are squeezing the world's poorest countries as they struggle with the coronavirus and soaring food prices.

Yellen, Ukraine official walk out of Russia’s G-20 remarks

WASHINGTON (AP) — Treasury Secretary Janet Yellen and Ukraine's Finance Minister Serhiy Marchenko walked out of a Group of 20 meeting Wednesday as Russia's representative started talking.

That costs what?! A look at how much some consumer prices went up in the last year

OTTAWA — Canada's headline inflation barometer struck 6.7 per cent in March, an annual rate that Statistics Canada said hasn't been seen since January 1991 when the consumer price index registered a 6.9 per cent annual reading. While gasoline prices ar...

Johnson arrives in India to meet Modi, seek economic deals

LONDON (AP) — British Prime Minister Boris Johnson is trying to set aside his political troubles and focus on economic ties and the war in Ukraine during a long-delayed official trip to India.

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