Government and politics

Yellen and Malerba become first female pair to sign US currency

Yellen and Malerba become first female pair to sign US currency

FORT WORTH, Texas (AP) — Treasury Secretary Janet Yellen helped mark a milestone in United States history on Thursday when she held up a new $5 bill signed for the first time by two women. Yellen’s signature will appear alongside that of U.S. Treasurer Lynn Malerba, the first Native American in that position. Yellen joked …

Yellen and Malerba become first female pair to sign US currency Read More »

Liz Weston: Make the most of the new charitable giving rules

Liz Weston: Make the most of the new charitable giving rules

At LIZ WESTON or NerdWallet Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly …

Liz Weston: Make the most of the new charitable giving rules Read More »

EXPLANATION: Can Ukraine pay for war without destroying the economy?

EXPLANATION: Can Ukraine pay for war without destroying the economy?

FRANKFURT, Germany (AP) — Even as Ukraine celebrates its recent battlefield victorieshis government faces a looming challenge on the financial front: how to pay the enormous cost of the war effort without triggering runaway price spikes for ordinary people or racking up debts that could hamper post-war reconstruction. The struggle is to find loans or …

EXPLANATION: Can Ukraine pay for war without destroying the economy? Read More »

Cuba's informal market finds new space on growing internet

Cuba’s informal market finds new space on growing internet

HAVANA (AP) — In the Telegram group chat, messages roll in like waves. “I need liquid ibuprofen and acetaminophen please,” one user wrote. “It’s urgent, it’s for my 10 month old baby.” Others offer medicine brought from outside Cuba, adding: “Write me in a direct message. Emoji’s spotted lists feature antibiotics, pregnancy tests, vitamins, rash …

Cuba’s informal market finds new space on growing internet Read More »

Ohio Intel project sparks housing fears in tight market

Ohio Intel project sparks housing fears in tight market

COLUMBUS, Ohio (AP) — Intel announced a $20 billion manufacturing operation earlier this year bringing thousands of jobs to rural Ohio was welcomed as an economic boon. But behind this enthusiasm lurked a pressing question. “Where are we going to put everyone?” asked Melissa Humbert-Washington, vice president of programs and services at Homes for Families, …

Ohio Intel project sparks housing fears in tight market Read More »

Asia-Pacific leaders condemn war, renew calls for open trade

Asia-Pacific leaders condemn war, renew calls for open trade

BANGKOK (AP) — Leaders across Asia-Pacific have called for an end to Russia’s war on Ukraine and pledged to steer the region’s economies towards sustainable growth as they wrapped up summit meetings on Saturday. Host Thailand won a diplomatic coup by successfully bridging the rifts among the 21 members of the Asia-Pacific Economic Cooperation forum …

Asia-Pacific leaders condemn war, renew calls for open trade Read More »

Analysis: Have China and India changed their position on the war against Russia?

Analysis: Have China and India changed their position on the war against Russia?

NUSA DUA, Indonesia (AP) — China and India, after months of refusing to condemn Russia’s war in Ukraine, did not block the release this week of a statement by the world’s major economies that sharply criticizes Moscow. Could this finally signal yet another bold policy shift by Beijing and New Delhi to align with what …

Analysis: Have China and India changed their position on the war against Russia? Read More »