Economy
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AP Top News
Bumps, bipartisanship in long fight for semiconductor bill
WASHINGTON ((DailyNews)) — Five weeks ago, senior Biden administration aides gathered for their regular Thursday morning meeting about passing a…
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Africa
South Africa’s ANC says economy, corruption are priorities
JOHANNESBURG ((DailyNews)) — South Africa President Cyril Ramaphosa says the fight against corruption and work to improve the country’s faltering…
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AP Top News
China backs away from growth goal, sticks to virus controls
BEIJING ((DailyNews)) — China’s leaders effectively acknowledged the struggling economy won’t hit its official 5.5% growth target this year and…
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AP Top News
How to recession-proof your life amid economic uncertainty
NEW YORK ((DailyNews)) — Prices for gas, food and rent are soaring. The Federal Reserve has raised interest rates to…
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AP Top News
China’s Xi warns Biden over Taiwan, calls for cooperation
BEIJING ((DailyNews)) — President Xi Jinping warned against meddling in China’s dealings with Taiwan during a phone call with his…
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AP Top News
Unprecedented profit for major oil drillers as prices soared
NEW YORK ((DailyNews)) — Oil companies swam in record profits over the last few months at a time when Americans…
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AP Top News
Inflation and wage data suggest US prices will keep climbing
WASHINGTON ((DailyNews)) — Inflation surged in June and workers’ average wages accelerated in the spring — signs that Americans won’t…
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AP Top News
Inflation hits record 8.9% in euro area, but economy grows
LONDON ((DailyNews)) — Inflation in the European countries using the euro currency shot up to another record in July, pushed…
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AP Top News
Congress OKs bill to aid computer chip firms, counter China
WASHINGTON ((DailyNews)) — The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research…
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AP Top News
Biden shrugs off recession talk, talks up fighting inflation
WASHINGTON ((DailyNews)) — President Joe Biden and his administration went all out Thursday to play down a troubling new economic…
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