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FILE - In this Oct. 15, 2020, file photo, Hawaii Gov. David Ige speaks at a news conference at the Daniel K. Inouye International Airport in Honolulu. On Monday, Jan. 25, 2021, Ige asked residents to be ready for more tough times ahead as the state grapples with a large budget shortfall caused by a coronavirus pandemic that's pummeled the tourism industry, but said improved tax revenue forecasts mean he's not currently seeking broad-based tax increases. (AP Photo/Marco Garcia, File)

Hawaii governor asks residents to 'do more with less'

Jan. 25, 2021 9:29 PM EST

HONOLULU (AP) — Gov. David Ige on Monday asked residents to be ready for more tough times ahead as the state grapples with a large budget shortfall caused by a coronavirus pandemic that's pummeled the tourism industry, but said improved tax revenue forecasts mean he’s not currently seeking...

FILE — In his Dec. 18, 2020 file photo a runner passes the office of the California Employment Development Department in Sacramento, Calif. California reported a significant surge in unemployment claims last week for independent contractors, accounting for more than a quarter of all such climbs nationally and raising concerns about a return of widespread fraud, Thursday, Jan. 21, 2021. (AP Photo/Rich Pedroncelli, File)

California: Criminal rings loot billions in jobless funds

Jan. 25, 2021 9:08 PM EST

LOS ANGELES (AP) — Sophisticated hackers, identity thieves and overseas criminal rings stole over $11 billion in unemployment benefits from California last year, but the extent of the fraud might grow far larger: billions more in payments are under investigation. California Labor Secretary Julie Su told...

UN forecasts 4.7% global economic growth in 2021

Jan. 25, 2021 9:03 PM EST

UNITED NATIONS (AP) — The United Nations warned Monday that the world economy is “on a cliffhanger,” still reeling from the COVID-19 pandemic whose impact will be felt for years but still expected to make a modest recovery of 4.7% in 2021 which would barely offset 2020 losses. The...

California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more

Jan. 25, 2021 7:36 PM EST
LOS ANGELES (AP) — California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more.
President-elect Joe Biden, right, listens as Janet Yellen, who Biden nominated to serve as Secretary of the Treasury, speaks at The Queen theater, Tuesday, Dec. 1, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)

Janet Yellen wins Senate approval as treasury secretary

Jan. 25, 2021 7:35 PM EST

WASHINGTON (AP) — The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department's 232-year history. Yellen, a former chair of the Federal Reserve, was approved by the...

President Joe Biden speaks during an event on American manufacturing, in the South Court Auditorium on the White House complex, Monday, Jan. 25, 2021, in Washington. (AP Photo/Evan Vucci)

Biden more bullish on vaccines, open to 1.5M daily shot goal

Jan. 25, 2021 6:40 PM EST

WASHINGTON (AP) — President Joe Biden on Monday appeared to boost his goal for coronavirus vaccinations in his first 100 days in office, suggesting the nation could soon be injecting 1.5 million shots on an average per day. Biden signaled his increasing bullishness on the pace of vaccinations after signing...

How major US stock indexes fared Monday

Jan. 25, 2021 4:45 PM EST

Stocks ended a choppy day with mixed results Monday as the market struggled to find direction. Apple and other Big Tech stocks lurched higher, then lower, then back up again. Several of them report their latest quarterly results this week. The S&P 500 climbed 0.4%, even though slightly more stocks fell than...

FILE - In this Nov. 5, 2020 file photo, a sign for Wall Street is carved in the side of a building, in New York. Technology stocks were off to a good start on Wall Street, but other parts of the markets weren't as strong, leaving major indexes mixed in the early going. The S&P 500 was up 0.3% in the first few minutes of trading Monday, Jan. 25, 2021, and the tech-heavy Nasdaq climbed 1.4%. (AP Photo/Mark Lennihan, File)

A bumpy day on Wall Street ends with stock indexes mixed

Jan. 25, 2021 4:40 PM EST

NEW YORK (AP) — Stocks swerved to a mixed finish on Wall Street Monday, ahead of a deluge of corporate earnings reports scheduled to arrive this week. The S&P 500 rose 13.89 points, or 0.4%, to 3,855.36 as gains for influential Big Tech stocks were big enough to steady the index and return it to a...

European Commissioner in charge of Health Stella Kyriakides removes her face mask as she gives a statement at the European Commission headquarters in Brussels, Monday, Jan. 25, 2021. The European Union lashed out Monday at the pharmaceutical giant AstraZeneca, accusing the company of failing to deliver the coronavirus vaccine doses to the bloc that it initially promised despite being funded by the bloc to ramp up production. (John Thys/Pool Photo via AP)

EU pressures AstraZeneca to deliver vaccines as promised

Jan. 25, 2021 4:29 PM EST

BRUSSELS (AP) — The European Union lashed out Monday at pharmaceutical company AstraZeneca, accusing it of failing to guarantee delivery of coronavirus vaccines without valid explanation, and threatened to impose tight export controls within days on COVID-19 vaccines made in the bloc. Health Commissioner...

Lebanese in impoverished north protest virus lockdown

Jan. 25, 2021 4:15 PM EST

BEIRUT (AP) — Dozens of Lebanese protesters, enraged at a nearly month-long lockdown to combat the spread of coronavirus, took to the streets of the country's second largest city on Monday and pelted security forces with stones. The security forces responded with tear gas to break up the protesters, who...