Eastern Economic Forum: new opportunities for business
Aug. 28 By Julia O’Malley The continued attempts to destroy the Russian economy have in fact had serious consequences for the United States and other countries. Growing public debt and unemployment, rising energy and other commodity prices, and the foreseeable recession by 2024, all…
US Commerce Chief Seeks Trade, Tourism Boost in China Talks
Aug. 27 By David Shepardson U.S. Commerce Secretary Gina Raimondo arrived in Beijing late on Sunday for a four-day visit aimed at boosting business ties between the world’s two largest economies while declaring American national security trade measures off-limits for debate. “If you wanted to…
County of Maui Sues Hawaiian Electric for Negligence Leading to Fires
Aug. 26 By Arshreet Singh The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut down its equipment despite warnings hurricane winds could knock power lines down, sparking wildfires. The county said downed power…
New employment stats show Alaska trending above average nationwide
Aug. 25 By Joey Klecka New data from the U.S. Department of Labor shows Alaska’s job numbers are generally trending higher than the national average in many categories. The U.S. Bureau of Labor Statistics released a report Wednesday that the job openings rate in Alaska…
Trump’s Universal Tariffs Would Stifle Economy, Fuel Inflation – White House
Aug. 24 By Nandita Bose The White House said on Wednesday former President Donald Trump’s proposal to impose new tariffs on all foreign imports would hurt America’s working families, damage the economy and fuel inflation. Trump summoned his top economic advisers to his private golf…
US Says Stolen COVID Relief Funds Seized So Far Top $1.4 Billion
Aug. 23 By Kanishka Singh The U.S. Justice Department said on Wednesday it has seized over $1.4 billion in COVID-19 relief funds that criminals had stolen, and charged over 3,000 defendants with crimes in federal districts across the country. The Justice Department disclosed the results…
Republican Feud Over ‘Root Canal’ Spending Cuts Raises US Government Shutdown Risk
Aug. 21 By David Morgan A feud over spending cuts between hardline and centrist Republicans in the U.S. House of Representatives raises the risk that the federal government will suffer its fourth shutdown in a decade this fall. Members of the hardline House Freedom Caucus…
Trump Says He Won’t Take Part in Republican Debates
Aug. 20 By Humeyra Pamuk Former U.S. President Donald Trump on Sunday said he would skip the upcoming Republican primary debates, citing his large lead in opinion polls as evidence that he was already well-known and liked by voters ahead of the 2024 election. Trump…
US CDC Tracks New Lineage of Virus That Causes COVID
Aug. 18 By Deena Beasley U.S. Centers for Disease Control and Prevention said on Thursday that it was tracking a new, highly mutated lineage of the virus that causes COVID-19. The lineage is named BA.2.86, and has been detected in the United States, Denmark and…
Striking Writers Take Antitrust Aim at Disney, Amazon, Netflix
Aug/ 17 By Lisa Richwine and Dawn Chmielewski The striking Writers Guild of America (WGA) on Thursday urged federal regulators to increase their oversight of the streaming media business, saying Walt Disney, Amazon.com and Netflix had amassed too much power. The guild, which has been…