Latest Financial crisis News

Conservatives seize on gas crunch to blame Biden, stir base

May. 14, 2021 01:08 AM EDT

A graphic calling the East Coast fuel supply crunch “Biden’s Gas Crisis.” A tweet speculating that gas stations running dry was an “INSIDE JOB.” A meme depicting the president and vice president cheering about the “Green New Deal” in front of a snaking line at a fuel station. ...

Conservatives seize on gas crunch to blame Biden, stir base

May. 13, 2021 19:54 PM EDT

A graphic calling the East Coast fuel supply crunch “Biden’s Gas Crisis.” A tweet speculating that gas stations running dry was an “INSIDE JOB.” A meme depicting the president and vice president cheering about the “Green New Deal” in front of a snaking line at a fuel station. ...

Pope meets Argentine president months after abortion law

May. 13, 2021 07:38 AM EDT

ROME (AP) — Pope Francis met Thursday with Argentine President Alberto Fernandez, months after Argentina legalized abortion despite a personal appeal from the pontiff and opposition from the Catholic Church. In a break with usual practice, the Vatican communique about...

Heated runoff race for Anchorage mayor too close to call

May. 12, 2021 16:27 PM EDT

ANCHORAGE, Alaska (AP) — The runoff race for Anchorage mayor remains too close to call, with the two candidates separated by only about 100 votes and thousands of ballots still uncounted. Preliminary election results posted Tuesday night showed Forrest Dunbar leading...

Venezuela opposition leader calls for dialogue with Maduro

May. 11, 2021 19:04 PM EDT

CARACAS, Venezuela (AP) — The opposition leader recognized by the U.S. and dozens of other countries as Venezuela's legitimate leader on Tuesday proposed negotiations with the government on resolving the country's crisis and a possible gradual lifting of sanctions. In...

New state revenue estimates higher than those made last fall

May. 11, 2021 15:04 PM EDT

PROVIDENCE, R.I. (AP) — Rhode Island state revenue estimates for this year and the next are higher than estimates made in the fall thanks to better-than-expected tax revenues. A fiscal analysis released on Monday revised state revenues upward for this year and next year...

Editorial Roundup: Indiana

May. 11, 2021 14:06 PM EDT

KPC News. May 9, 2021. Editorial: Legislature not kind to unemployed When the Legislature was entering its final days, Indiana lawmakers were particularly proud of themselves for providing record funding for education. As we all...

US Treasury sanctions 7 Lebanese tied to Hezbollah finances

May. 11, 2021 13:36 PM EDT

BEIRUT (AP) — The U.S. Treasury Department on Tuesday imposed new sanctions on seven Lebanese linked to the militant Iran-backed Hezbollah group and its financial arm. The measures are the latest against Hezbollah, which Washington considers a terrorist group and has...

Fed warns high asset prices could make investors vulnerable

May. 06, 2021 17:41 PM EDT

WASHINGTON (AP) — The Federal Reserve is warning that prices of stocks and other financial assets are rising to levels that could set investors up for big losses from sudden declines. A Fed report released Thursday noted that stocks and other risky assets have risen in...

French FM in Lebanon with tough message for its leaders

May. 06, 2021 13:00 PM EDT

BEIRUT (AP) — France's foreign minister on Thursday warned Lebanese officials that France would impose additional measures targeting those obstructing the formation of a new government in the crises-hit Mideast nation. Tweeting ahead of his arrival in Beirut, Jean-Yves...