Latest Financial crisis News
Virus causes uncertainty for state lotteries
Boston (AP) — The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls. Since March, Texas, Arkansas and Montana and several other states have seen an increase in...
Burkina Faso's volunteer fighters are no match for jihadists
KONGOUSSI, Burkina Faso (AP) — Armed only with a knife, Issa Tamboure was no match for gun-wielding jihadists who attacked his village in northern Burkina Faso in March. So Tamboure, 63, rounded up his family — including his 13 children — and ran, eventually reaching a camp for people...
Singapore governing party set to extend power in elections
SINGAPORE (AP) — Singaporeans vote Friday in Southeast Asia’s first election since the coronavirus pandemic began, with the health crisis and a grim economy expected to bolster Prime Minister Lee Hsien Loong’s party and extend its unbroken rule. While victory seems secure for Lee’s...
Evers: Capitol will stay closed, state workers to wear masks
MADISON, Wis. (AP) — The Wisconsin Capitol building will not reopen next week, as had been planned, and state employees will have to wear masks whenever they're working indoors to help slow the spread of the coronavirus, Gov. Tony Evers' administration announced Wednesday. The Capitol building has been...
Wyoming regulators approve coal mine construction, permit
CASPER, Wyo. (AP) — Environmental regulators have approved a construction of a coal mine in northern Wyoming, the state's first new coal mine in almost half a century. The Department of Environmental Quality announced Tuesday that it will issue a permit to Brook Mining Company LLC that will allow the firm...
Lebanese man who financed Hezbollah in US returns home
BEIRUT (AP) — A Lebanese businessman serving a five-year sentence in the United States for providing millions of dollars to the militant Hezbollah group arrived Wednesday in Beirut after his early release, local media reported. Kassim Tajideen was sentenced last year in a federal court in Washington for...
UK gets creative: Job bonus and eating out schemes announced
LONDON (AP) — The British government unveiled a raft of measures Wednesday it hopes will limit an anticipated spike in unemployment as a result of the coronavirus pandemic. Most noteworthy were a new bonus plan aimed at getting firms to retain workers that have been idle for months, as well as tax cuts for...
Hottest commodity in Lebanon's economic chaos: The US dollar
BEIRUT (AP) — The lines snaked around the block. Then they swelled to fill the whole street, before they turned into a raucous mob of men shoving to the front of the line. There at the exchange bureau, they could buy rationed dollars, the hottest commodity in Lebanon. The small Mediterranean...
Southern Nevada home prices and sales rebound despite virus
LAS VEGAS (AP) — Southern Nevada home prices hit a record mark in June and sales increased dramatically from the previous month even as the coronavirus pandemic continues, a trade organization report said. The report by the Las Vegas Realtors trade association indicated that fewer homes sold compared to...
AMERICA DISRUPTED: Troubles cleave a nation, and a city
SAGINAW, Mich. (AP) — It was difficult to celebrate America in Saginaw this year. The deadly coronavirus had torn through the county. Unemployment had surged five-fold. Weeks of protest over racial inequality left many debating what should be hallowed and what must be changed. But Tom Roy had given it his...
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