Latest Economy News
Riots in Lebanon's capital leave more than 150 injured
BEIRUT (AP) — Police fired volleys of tear gas and rubber bullets in Lebanon's capital Saturday to disperse thousands of protesters amid some of the worst rioting since demonstrations against the country's ruling elite erupted three months ago. More than 150 people were injured. Thick white smoke covered...
Kansas rising electric rate-making process favors utilities
WICHITA, Kan. (AP) — An independent review of Kansas' rising electricity prices shows the process used for setting rates favors utilities and could be improved. Lawmakers concerned that electricity prices were no longer competitive with neighboring states requested the study by London Economics in a bill...
Senators want HUD to address radon in subsidized housing
PORTLAND, Maine (AP) — Independent Sen. Angus King of Maine is part of a group of senators taking the U.S. Department of Housing and Urban Development to task for failing to protect public housing residents from radon gas. The bipartisan group is requesting a meeting with agency Secretary Ben Carson to...
Work begins on NW Indiana war memorial delayed by recession
CROWN POINT, Ind. (AP) — Work is underway in northwestern Indiana for a war memorial that was delayed for years by the Great Recession after the 2008 financial crisis. Crews began clearing trees Wednesday in Crown Point for the memorial, which will feature three separate monuments: one for World War I...
Winemakers wary of impending tariffs
SALEM, Ore. (AP) — Most years, January is a month of glory for the wine industry — celebrating the harvest and holiday sales of the previous year and gearing up for the next season. But for U.S. winemakers, January 2020 is a time of panic as the industry girds itself for the Trump...
Libya's eastern-based forces move to halt oil exports
BENGHAZI, Libya (AP) — A move by Libya's east-based forces to choke off oil exports from its territory threatens to throttle much of the country’s oil production, the national corporation said Saturday, escalating tensions ahead of an international peace summit to end the civil war. Powerful tribal...
China's Xi ends Myanmar visit with flurry of agreements
NAYPYITAW, Myanmar (AP) — Chinese President Xi Jinping ended a two-day state visit to Myanmar on Saturday after attending the signing of a raft of agreements buttressing bilateral relations and advancing Beijing's ambitious Belt and Road Initiative, in which his host country is a key player. The two sides...
AP FACT CHECK: Trump's compulsive claims of 'biggest' ever
WASHINGTON (AP) — Size matters to President Donald Trump. So much that he exaggerates continually, sometimes spectacularly, the size of what he does. Just as his tax cuts are far from the biggest in history, the economy isn't the best ever and his election victory in 2016 was no landslide of historic...
Report: Idaho has 6th-highest growth in corrections spending
BOISE, Idaho (AP) — Idaho has the sixth-highest growth rate for spending on corrections in the last 25 years, and with the state’s governor proposing a 12.1% budget increase for the Idaho Department of Correction, the department’s director says the state is at a “critical...
Wyoming's capital sees economic downturn due to job decrease
CHEYENNE, Wyo. (AP) — Wyoming's capital city is experiencing an economic downturn driven by a reduction in local mining and construction jobs, a new report said. Cheyenne experienced a 5.5% reduction in local mining and construction jobs in the past year, The Wyoming Tribune Eagle reports. The state...
LOADING MORE STORIES
