Latest Economy News

Employment Department’s domain registration expires

Jun. 15, 2021 18:22 PM EDT

PORTLAND, Ore. (AP) — The Oregon Employment Department’s website for posting economic data went away over the weekend, apparently because the state didn’t renew the registration for its domain name. The loss of Oregon’s qualityinfo.org page didn’t affect...

NC tax revenue soars, $6.5B windfall predicted by mid-2023

Jun. 15, 2021 17:55 PM EDT

RALEIGH, N.C. (AP) — North Carolina's resurgent post-pandemic economy could put an additional $6.5 billion over the next two years into state government coffers already swollen with cash, state economists said Tuesday. Such an extraordinary windfall, unplanned for just...

Unemployed workers risk benefits if they skip job referrals

Jun. 15, 2021 17:24 PM EDT

BOISE, Idaho (AP) — Unemployed Idaho residents could get kicked out of a state benefits program if they don't follow new job-seeking requirements that went into effect this month. People receiving unemployment benefits now have two business days to apply for a job...

US stocks dip from records ahead of Fed decision on rates

Jun. 15, 2021 17:00 PM EDT

NEW YORK (AP) — U.S. stocks slipped from their record heights Tuesday as investors wait to hear whether the Federal Reserve will give any clue about when it may let up on its massive support for markets. The S&P 500 dipped 8.56, or 0.2%, to 4,246.59, as the Federal...

How major US stock indexes fared Tuesday

Jun. 15, 2021 16:18 PM EDT

Stocks eased back below their record heights Tuesday as investors waited to hear whether the mixed bag of data coming in about the economy will push the Federal Reserve to let up on its massive support for markets. The S&P 500 edged lower after a report showed...

The Latest: Pro-Navalny protest in Geneva on eve of summit

Jun. 15, 2021 16:17 PM EDT

The Latest on U.S. President Joe Biden's trip to Europe: GENEVA — A few dozen supporters of jailed Russian opposition leader Alexey Navalny have staged a colorful, cheeky rally in Geneva, in the hope of sending a message to Russian President Vladimir Putin ahead of his...

Airbus-Boeing deal eases US-EU tensions but conflicts remain

Jun. 15, 2021 15:32 PM EDT

BRUSSELS (AP) — The deal the United States and the European Union reached Tuesday to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs. It will ease trans-Atlantic tensions. And it will let the two sides focus on a common economic...

Want a job? Employers say: Talk to the computer

Jun. 15, 2021 14:57 PM EDT

A day after her interview for a part-time job at Target last year, Dana Anthony got an email informing her she didn't make the cut. Anthony didn't know why — a situation common to most job seekers at one point or another. But she also had no sense at all of how the...

Lawmakers return to Capitol to debate energy policy overhaul

Jun. 15, 2021 14:54 PM EDT

CHICAGO (AP) — Illinois lawmakers returned to Springfield Tuesday to take up a major overhaul of energy policy, which includes state subsidies to keep nuclear power plants open, and an elected Chicago school board. Both issues are outstanding following a whirlwind...

Iran presidential candidate urges better ties with West

Jun. 15, 2021 14:14 PM EDT

TEHRAN, Iran (AP) — A prominent contender in Iran’s presidential election appealed Tuesday for better economic and political relations with the West, his most extensive attempt yet to attract reformist voters just days ahead of the poll. Former Iranian Central Bank...