World Bank offers dim outlook for the global economy in face of higher interest rates
The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of Russia’s invasion of Ukraine and the lingering effects of the coronavirus pandemic
2023-06-06 21:58
Japan, Australia, US to fund undersea cable connection in Micronesia to counter China's influence
Japan says it has joined the United States and Australia in signing a $95 million undersea cable project that will connect East Micronesia island nations to improve networks in the Indo-Pacific region where China is increasingly expanding its influence
2023-06-06 21:55
SEC brings charges against cryptocurrency trading platform Coinbase
The Securities and Exchange Commission sued cryptocurrency platform Coinbase on Tuesday, charging the company with operating an unregistered securities platform and brokerage service
2023-06-06 21:47
Maria Sherman appointed AP's music writer, based in Los Angeles
Maria Sherman has been named The Associated Press’ music writer, a key position responsible for delivering news on a beat of global significance for the news cooperative
2023-06-06 21:46
Stock market today: Global stocks mixed on concern about US economy weakening
Global stock markets and Wall Street futures are mixed after a report that showed growth in service industries is slowing stoked concern the U.S. economy is weakening
2023-06-06 18:24
White House website highlights infrastructure as Biden pushes policy wins
The White House on Tuesday is starting a website to map and track tens of thousands of infrastructure projects and private manufacturing investments, an effort by the administration to show the impact of its policies on the U.S. economy
2023-06-06 17:17
Japan earmarks $107 billion for developing hydrogen energy to cut emissions, stabilize supplies
Japan’s government has adopted a revision to the country’s plans to use more hydrogen as fuel
2023-06-06 15:16
Australian central bank boosts cash rate to 4.1% with 12th hike
Australia’s central bank has lifted its benchmark interest rate for a 12th consecutive time to 4.1% and warned further rises could follow
2023-06-06 14:26
Microsoft will pay $20M to settle U.S. charges of illegally collecting children's data
Microsoft will pay a fine of $20 million to settle Federal Trade Commission charges that it illegally collected and retained the data of children who signed up to use its Xbox video game console
2023-06-06 09:49
Oregon is invested in Fox Corp. and is investigating its board over bogus election fraud claims
Oregon’s attorney general has announced she has begun investigating the board of directors of Fox Corp. for breaching its fiduciary duties by allowing Fox News to broadcast false claims about the 2020 presidential election
2023-06-06 08:26
Approval for Idaho phosphate mine reversed after judge rules US didn't assess prairie bird impact
A federal judge has yanked the U.S. government's approval for a phosphate mining project in southeastern Idaho
2023-06-06 07:45
US judge yanks approval for Idaho mine after finding that federal agency violated environmental laws
A federal judge has yanked the U.S. government's approval for a phosphate mining project in southeastern Idaho
2023-06-06 07:20