Latest Business News
Former Singapore Cabinet minister starts 1-year sentence for receiving illegal gifts
KUALA LUMPUR, Malaysia (AP) — A former Singaporean Cabinet minister began a one-year prison term Monday for receiving illegal gifts after saying he would not appeal his sentence in the rare criminal case involving a government minister in the Asian financial hub. Former Transport...
Stock market today: Asian shares climb after blockbuster US jobs report
Asian shares advanced Monday after a surprisingly strong U.S. jobs report raised optimism about the economy, sparking a rally on Wall Street. U.S. futures slipped and oil prices also fell. Japan's Nikkei 225 index gained 1.8% to 39,332.74 after the yen sank against...
Maldives President Muizzu to meet India's Modi to repair strained diplomatic ties
NEW DELHI (AP) — Maldives President Mohamed Muizzu is expected to talk Monday with Indian Prime Minister Narendra Modi in New Delhi as he aims to repair ties between the countries that have been strained since he came to power last year. Muizzu and Modi are expected to discuss...
How farmers in Burundi banded together to get fair prices for avocados
KAYANZA, Burundi (AP) — Farmers in a remote part of Burundi know to look for a truck parked by a highway when it is time to sell their avocados. They materialize from villages and form a crowd around the vehicle, watching closely as crews weigh and load the crated fruits. Such...
Tips, overtime, Social Security: A look at Donald Trump's no-tax pledges and what they might cost
Donald Trump has pledged to end taxes on everything from tips to Social Security and overtime pay if he's elected to the White House again. But he hasn't detailed how he would fund those ideas and avoid creating a huge budget shortfall, beyond arguing he will usher in an economic boom. ...
US court to review civil rights lawsuit alleging environmental racism in a Louisiana parish
NEW ORLEANS (AP) — A federal appellate court is set to hear oral arguments Monday in a civil rights lawsuit alleging a south Louisiana parish engaged in racist land-use policies to place polluting industries in majority-Black communities. The Fifth Circuit Court of Appeals in New...
As affordable housing disappears, states scramble to shore up the losses
LOS ANGELES (AP) — For more than two decades, the low rent on Marina Maalouf’s apartment in a blocky affordable housing development in Los Angeles’ Chinatown was a saving grace for her family, including a granddaughter who has autism. But that grace had an expiration date. For...
Takeaways from AP's report on affordable housing disappearing across the U.S.
LOS ANGELES (AP) — While Americans continue to struggle under unrelentingly high rents, as many as 223,000 affordable housing units across the U.S. could disappear in the next five years alone. It leaves low-income tenants facing protracted eviction battles, scrambling to pay a...
New analysis suggests national debt could increase under Harris, but it would surge under Trump
WASHINGTON (AP) — No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris' and Donald Trump's economic plans. The analysis released Monday by the nonpartisan Committee for a Responsible Federal Budget suggests a Harris presidency...
An explosion outside the Karachi, Pakistan, airport kills 2 workers from China and injures others
KARACHI, Pakistan (AP) — A massive blast outside the Karachi airport in southern Pakistan killed two workers from China on Sunday and injured at least eight others in the latest deadly attack on Chinese in the country. Police and the provincial government said a tanker exploded...
