Category Archives: Economy

Mask rule for planes and trains still up in the air

DALLAS (AP) — The federal requirement to wear face masks on airplanes and public transportation is scheduled to expire next week, and airline executives and Republican lawmakers are urging the Biden administration to let the mandate die.

Financial watchdog says Ontario on track to balance budget by 2023-24

TORONTO — Ontario is currently on the path to balance by next year, the province's fiscal watchdog said Tuesday, but it could well take a different route due to the looming June 2 election. A report from the Financial Accountability Office

Record fine for Dutch tax office over personal data list

THE HAGUE, Netherlands (AP) — The Netherlands' data protection watchdog imposed a record 3.7 million euro ($4 million) fine Tuesday on the country's tax office for unlawfully processing and storing personal information in a “black list” used to detect ...

Sri Lanka halts debt repayment pending IMF bailout plan

COLOMBO, Sri Lanka (AP) — Sri Lanka is suspending its repayment of foreign debt, including bonds and government-to-government borrowing, pending the completion of a loan restructuring program with the International Monetary Fund to deal with the island...

Live Updates | Russia-Ukraine War

WASHINGTON — The United States and its allies are pushing ahead with sanctions aimed at forcing Vladimir Putin to spend Russia’s money propping up its economy rather than sustaining its “war machine” for the fight in Ukraine, a top Treasury

Manitoba slows a tax cut, offers some additional health-care spending

WINNIPEG — Manitoba's Progressive Conservative government is planning to move more slowly on a promised tax cut, reduce a handful of other levies and inject some money into a health-care system battered by COVID-19. Tuesday's budget was the first under...

Biden waiving ethanol rule in bid to lower gasoline prices

MENLO, Iowa (AP) — With inflation at a 40-year high, President Joe Biden journeyed to corn-rich Iowa on Tuesday to announce a modest step aimed at trimming gasoline prices by about a dime a gallon at a limited number

Farms, fish on dry California-Oregon border see scant water

PORTLAND, Ore. (AP) — Farms that rely on irrigation from a depleted, federally managed lake on the California-Oregon border, along with a Native American tribe fighting to protect fragile salmon, will both receive extremely limited amounts of water thi...

NJ approves 7 facilities for recreational cannabis sales

TRENTON, N.J. (AP) — New Jersey regulators gave a green light Monday to seven facilities that already sell medical marijuana to also sell recreational cannabis, although it's not clear exactly when sales would begin.

Zuckerberg money won’t be in next round of aid for elections

DENVER (AP) — The nonprofit that distributed most of the $350 million in donations from Facebook founder Mark Zuckerberg to election offices in 2020 said Monday that it won’t disburse similar donations this year after backlash from conservatives suspic...

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